Sarasin & Partners LLP Sells 28,854 Shares of Aramark $ARMK

Sarasin & Partners LLP lessened its holdings in shares of Aramark (NYSE:ARMK) by 20.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 114,486 shares of the company’s stock after selling 28,854 shares during the quarter. Sarasin & Partners LLP’s holdings in Aramark were worth $4,220,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital International Investors grew its position in Aramark by 2.4% in the third quarter. Capital International Investors now owns 24,646,909 shares of the company’s stock worth $946,455,000 after acquiring an additional 580,215 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Aramark by 3.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,312,451 shares of the company’s stock valued at $741,598,000 after purchasing an additional 639,423 shares in the last quarter. Junto Capital Management LP bought a new position in shares of Aramark during the 3rd quarter valued at $132,157,000. AQR Capital Management LLC lifted its stake in shares of Aramark by 281.1% in the 3rd quarter. AQR Capital Management LLC now owns 3,367,964 shares of the company’s stock valued at $129,296,000 after purchasing an additional 2,484,319 shares during the last quarter. Finally, Norges Bank bought a new stake in Aramark in the second quarter worth $135,218,000.

Aramark Stock Performance

NYSE:ARMK opened at $38.91 on Friday. The firm has a market capitalization of $10.23 billion, a PE ratio of 32.69, a PEG ratio of 0.95 and a beta of 1.06. Aramark has a 1 year low of $29.92 and a 1 year high of $44.49. The company has a current ratio of 1.27, a quick ratio of 1.13 and a debt-to-equity ratio of 1.94. The firm’s fifty day simple moving average is $39.71 and its 200 day simple moving average is $38.67.

Aramark (NYSE:ARMK) last released its earnings results on Tuesday, February 10th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. Aramark had a net margin of 1.69% and a return on equity of 16.15%. The firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.76 billion. During the same quarter in the previous year, the business earned $0.51 EPS. The business’s revenue was up 6.1% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, sell-side analysts anticipate that Aramark will post 1.92 EPS for the current year.

Aramark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, February 18th. Aramark’s payout ratio is currently 40.34%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Bank of America started coverage on shares of Aramark in a research report on Tuesday, February 17th. They set a “buy” rating and a $50.00 target price on the stock. Truist Financial boosted their price target on Aramark from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Robert W. Baird set a $50.00 price objective on Aramark in a report on Wednesday, February 11th. Morgan Stanley set a $45.00 price objective on Aramark in a research note on Tuesday, February 10th. Finally, Stifel Nicolaus boosted their target price on Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Aramark has an average rating of “Moderate Buy” and an average target price of $48.38.

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.