Hanseatic Management Services Inc. Buys 10,606 Shares of Aramark $ARMK

Hanseatic Management Services Inc. purchased a new position in shares of Aramark (NYSE:ARMK) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,606 shares of the company’s stock, valued at approximately $568,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Henshaw Capital LLC increased its holdings in Aramark by 0.3% in the first quarter. Henshaw Capital LLC now owns 76,923 shares of the company’s stock valued at $3,118,000 after buying an additional 225 shares in the last quarter. Tidal Investments LLC raised its position in shares of Aramark by 0.7% in the second quarter. Tidal Investments LLC now owns 34,983 shares of the company’s stock worth $1,991,000 after acquiring an additional 237 shares during the period. North Dakota State Investment Board raised its position in shares of Aramark by 3.4% in the third quarter. North Dakota State Investment Board now owns 8,022 shares of the company’s stock worth $430,000 after acquiring an additional 262 shares during the period. CX Institutional boosted its stake in shares of Aramark by 76.1% during the 3rd quarter. CX Institutional now owns 694 shares of the company’s stock worth $37,000 after acquiring an additional 300 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in shares of Aramark by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 72,524 shares of the company’s stock worth $4,127,000 after acquiring an additional 337 shares in the last quarter.

Aramark Stock Performance

NYSE:ARMK opened at $55.45 on Thursday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.14 and a current ratio of 1.28. The stock has a market capitalization of $14.62 billion, a PE ratio of 38.77, a P/E/G ratio of 0.76 and a beta of 1.12. Aramark has a fifty-two week low of $35.07 and a fifty-two week high of $62.65. The company has a fifty day moving average of $56.30 and a two-hundred day moving average of $49.86.

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

Aramark Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were paid a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $0.48 dividend on an annualized basis and a yield of 0.9%. Aramark’s dividend payout ratio (DPR) is currently 33.57%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. UBS Group restated a “buy” rating on shares of Aramark in a research report on Tuesday, September 8th. Jefferies Financial Group upped their price target on Aramark from $62.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Royal Bank Of Canada upped their price target on Aramark from $60.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, August 19th. Zacks Research upgraded Aramark from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Finally, New Street Research set a $70.00 price objective on Aramark in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Aramark presently has an average rating of “Buy” and a consensus target price of $69.25.

Aramark Profile

Aramark (NYSE: ARMK) is a global provider of food services and facilities management. The company serves businesses, schools and universities, hospitals, sports and entertainment venues, correctional facilities, and other organizations through contracted service arrangements.

Aramark’s food services include dining programs, catering, concessions, retail food operations, and hospitality services. Its facilities management activities include building operations, housekeeping, custodial services, maintenance, energy management, and related workplace support.