Dimensional Fund Advisors LP Acquires 868,900 Shares of Aramark $ARMK

Dimensional Fund Advisors LP raised its holdings in Aramark (NYSE:ARMK) by 13.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,177,184 shares of the company’s stock after buying an additional 868,900 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Aramark were worth $290,962,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Activest Wealth Management purchased a new position in Aramark during the 4th quarter valued at $27,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Aramark during the 3rd quarter valued at about $28,000. Cedar Mountain Advisors LLC bought a new stake in shares of Aramark during the 1st quarter valued at about $32,000. Kestra Advisory Services LLC purchased a new position in shares of Aramark during the fourth quarter valued at about $32,000. Finally, Quarry LP bought a new position in Aramark in the third quarter worth about $35,000.

Aramark Price Performance

Shares of NYSE ARMK opened at $56.72 on Thursday. The company has a 50 day simple moving average of $54.58 and a two-hundred day simple moving average of $45.95. Aramark has a fifty-two week low of $35.07 and a fifty-two week high of $58.68. The company has a market capitalization of $14.92 billion, a price-to-earnings ratio of 42.33, a P/E/G ratio of 1.07 and a beta of 1.11. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.07 and a current ratio of 1.21.

Aramark (NYSE:ARMK) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $4.91 billion for the quarter, compared to analysts’ expectations of $4.75 billion. Aramark had a return on equity of 17.05% and a net margin of 1.84%.The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.35 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Analysts expect that Aramark will post 2.24 EPS for the current fiscal year.

Aramark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. Aramark’s payout ratio is 35.82%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ARMK. Stifel Nicolaus lifted their price objective on Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group restated a “buy” rating and issued a $51.00 target price on shares of Aramark in a research note on Wednesday, May 13th. Morgan Stanley lifted their price target on Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Robert W. Baird upped their price target on Aramark from $50.00 to $58.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada increased their price objective on Aramark from $47.00 to $55.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Aramark currently has an average rating of “Moderate Buy” and a consensus target price of $59.21.

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.