17,310 Shares in Aramark $ARMK Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new position in shares of Aramark (NYSE:ARMK) during the second quarter, HoldingsChannel.com reports. The firm bought 17,310 shares of the company’s stock, valued at approximately $985,000.

Several other institutional investors have also modified their holdings of ARMK. Capital International Investors increased its position in shares of Aramark by 1.0% during the fourth quarter. Capital International Investors now owns 24,894,503 shares of the company’s stock worth $917,789,000 after acquiring an additional 247,594 shares during the period. BlackRock Inc. purchased a new position in Aramark in the second quarter valued at $1,411,586,000. Janus Henderson Group PLC grew its stake in Aramark by 0.7% during the 4th quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock worth $670,702,000 after purchasing an additional 128,199 shares in the last quarter. Farallon Capital Management LLC increased its holdings in Aramark by 4.0% during the 4th quarter. Farallon Capital Management LLC now owns 9,357,046 shares of the company’s stock worth $344,901,000 after purchasing an additional 360,844 shares during the period. Finally, AQR Capital Management LLC increased its holdings in Aramark by 163.1% during the 4th quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock worth $326,580,000 after purchasing an additional 5,492,046 shares during the period.

Wall Street Analyst Weigh In

ARMK has been the subject of several recent research reports. New Street Research set a $70.00 price objective on Aramark in a research note on Thursday, August 13th. Citigroup upped their target price on shares of Aramark from $70.50 to $74.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Morgan Stanley set a $63.00 price objective on shares of Aramark in a report on Tuesday, August 11th. JPMorgan Chase & Co. raised their price target on Aramark from $55.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Finally, Oppenheimer lifted their price target on Aramark from $60.00 to $65.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. Twelve investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $69.14.

Aramark Stock Performance

NYSE ARMK opened at $58.88 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.28 and a quick ratio of 1.14. Aramark has a 1 year low of $35.07 and a 1 year high of $62.65. The company has a market capitalization of $15.52 billion, a PE ratio of 41.17, a P/E/G ratio of 1.05 and a beta of 1.12. The company has a fifty day moving average of $57.38 and a two-hundred day moving average of $49.59.

Aramark (NYSE:ARMK) last posted its earnings results on Tuesday, August 11th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. Aramark had a return on equity of 17.68% and a net margin of 1.93%.The business had revenue of $5.06 billion for the quarter, compared to analysts’ expectations of $4.94 billion. During the same quarter in the previous year, the firm earned $0.40 earnings per share. The business’s revenue was up 9.3% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, analysts expect that Aramark will post 2.27 earnings per share for the current year.

Aramark Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Wednesday, August 19th. Aramark’s dividend payout ratio (DPR) is currently 33.57%.

Aramark Company Profile

Aramark (NYSE: ARMK) is a global provider of food services, facilities management and uniform solutions, serving clients across a wide array of industries including education, healthcare, business and government. The company operates through three primary segments: Food and Support Services, Uniform and Career Apparel, and Facility Services, delivering integrated solutions designed to enhance guest experiences, improve operational efficiencies and maintain safe, clean environments. Aramark’s offerings include corporate dining, patient and senior nutrition, campus dining, sports and entertainment concessions, custodial services, technical maintenance and industrial laundry.

Founded in 1959 and headquartered in Philadelphia, Pennsylvania, Aramark has expanded its footprint to more than 20 countries, with a strong presence in North America, Latin America, Europe and Asia.