Great Lakes Advisors LLC Has $4.76 Million Stock Position in Aramark $ARMK

Great Lakes Advisors LLC lifted its position in shares of Aramark (NYSE:ARMK) by 33.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 123,841 shares of the company’s stock after purchasing an additional 30,815 shares during the quarter. Great Lakes Advisors LLC’s holdings in Aramark were worth $4,755,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Steph & Co. lifted its position in Aramark by 10.0% in the third quarter. Steph & Co. now owns 3,352 shares of the company’s stock worth $129,000 after purchasing an additional 306 shares during the period. ProShare Advisors LLC raised its stake in shares of Aramark by 2.9% in the 2nd quarter. ProShare Advisors LLC now owns 11,619 shares of the company’s stock valued at $486,000 after buying an additional 325 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Aramark by 6.8% during the 3rd quarter. GAMMA Investing LLC now owns 7,069 shares of the company’s stock worth $271,000 after acquiring an additional 450 shares during the period. Cetera Investment Advisers boosted its position in shares of Aramark by 7.4% during the 2nd quarter. Cetera Investment Advisers now owns 8,294 shares of the company’s stock valued at $347,000 after acquiring an additional 573 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in shares of Aramark by 56.6% during the 2nd quarter. Bessemer Group Inc. now owns 2,209 shares of the company’s stock valued at $92,000 after acquiring an additional 798 shares in the last quarter.

Aramark Price Performance

Aramark stock opened at $38.45 on Friday. The business’s fifty day moving average is $38.00 and its two-hundred day moving average is $38.93. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.88 and a current ratio of 0.99. The firm has a market cap of $10.11 billion, a P/E ratio of 31.52, a P/E/G ratio of 1.28 and a beta of 1.11. Aramark has a 52 week low of $29.92 and a 52 week high of $44.49.

Aramark (NYSE:ARMK) last released its quarterly earnings results on Monday, November 17th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). The business had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.16 billion. Aramark had a net margin of 1.76% and a return on equity of 16.39%. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.54 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. Equities research analysts forecast that Aramark will post 1.92 earnings per share for the current fiscal year.

Aramark Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Friday, December 5th were given a dividend of $0.12 per share. The ex-dividend date was Friday, December 5th. This is a positive change from Aramark’s previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. Aramark’s dividend payout ratio (DPR) is currently 39.34%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ARMK shares. Stifel Nicolaus set a $44.00 price target on shares of Aramark in a research report on Monday, November 17th. UBS Group reissued a “buy” rating on shares of Aramark in a report on Tuesday, January 6th. Robert W. Baird cut their target price on Aramark from $47.00 to $46.00 and set an “outperform” rating for the company in a research report on Tuesday, November 18th. Morgan Stanley upped their price target on Aramark from $43.00 to $44.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Finally, Citigroup increased their price objective on Aramark from $46.50 to $49.00 and gave the stock a “buy” rating in a research note on Wednesday, November 19th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $45.83.

About Aramark

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.