ING Groep NV Makes New $3.73 Million Investment in Aramark $ARMK

ING Groep NV bought a new stake in Aramark (NYSE:ARMK) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 97,222 shares of the company’s stock, valued at approximately $3,733,000.

A number of other large investors have also bought and sold shares of ARMK. Massachusetts Financial Services Co. MA raised its position in Aramark by 3.4% in 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 during the last quarter. Norges Bank acquired a new stake in shares of Aramark in the second quarter valued at $135,218,000. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in shares of Aramark by 10.3% in the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 2,661,387 shares of the company’s stock valued at $111,432,000 after buying an additional 248,588 shares during the last quarter. Soros Fund Management LLC acquired a new position in Aramark during the 2nd quarter worth about $64,902,000. Finally, Ilex Capital Partners UK LLP bought a new stake in Aramark during the 2nd quarter worth about $52,142,000.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ARMK shares. Stifel Nicolaus boosted their target price on shares of Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a research note on Wednesday. Morgan Stanley set a $45.00 price target on shares of Aramark in a report on Tuesday. Robert W. Baird set a $50.00 price objective on Aramark in a report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Aramark in a research note on Monday, December 29th. Finally, UBS Group set a $47.00 target price on Aramark and gave the stock a “buy” rating in a research report on Wednesday. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Aramark presently has an average rating of “Moderate Buy” and an average price target of $47.83.

Aramark Price Performance

Shares of ARMK stock opened at $39.18 on Friday. The firm’s 50 day moving average price is $38.33 and its two-hundred day moving average price is $38.67. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.88 and a current ratio of 1.27. Aramark has a 52-week low of $29.92 and a 52-week high of $44.49. The stock has a market cap of $10.30 billion, a PE ratio of 32.93, a PEG ratio of 1.37 and a beta of 1.09.

Aramark (NYSE:ARMK) last issued its earnings results on Tuesday, February 10th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.50 by $0.01. The company had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.76 billion. Aramark had a net margin of 1.69% and a return on equity of 16.15%. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, analysts forecast that Aramark will post 1.92 EPS for the current year.

Aramark Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $0.48 annualized dividend and a yield of 1.2%. Aramark’s dividend payout ratio is presently 39.34%.

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.