22,255 Shares in Aramark $ARMK Bought by Havemeyer Place LP

Havemeyer Place LP bought a new position in Aramark (NYSE:ARMK) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,255 shares of the company’s stock, valued at approximately $820,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital International Investors lifted 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 purchasing an additional 580,215 shares during the period. Geode Capital Management LLC lifted its position in Aramark by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 4,677,911 shares of the company’s stock worth $172,464,000 after purchasing an additional 56,404 shares during the period. Norges Bank bought a new position in Aramark in the fourth quarter worth $128,738,000. Junto Capital Management LP bought a new position in Aramark in the third quarter worth $132,157,000. Finally, AQR Capital Management LLC lifted its position in Aramark by 281.1% in the third quarter. AQR Capital Management LLC now owns 3,367,964 shares of the company’s stock worth $129,296,000 after purchasing an additional 2,484,319 shares during the period.

Analysts Set New Price Targets

Several research firms have issued reports on ARMK. 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 research note on Thursday, May 14th. Oppenheimer increased their price objective on Aramark from $43.00 to $50.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 25th. Stifel Nicolaus increased their price objective on Aramark from $47.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aramark in a research note on Friday, March 27th. Finally, Bank of America increased their price objective on Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.50.

Aramark Stock Performance

Aramark stock opened at $52.84 on Tuesday. Aramark has a 52-week low of $35.07 and a 52-week high of $54.57. The firm has a market capitalization of $13.89 billion, a P/E ratio of 39.43, a P/E/G ratio of 1.10 and a beta of 1.12. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.21 and a quick ratio of 1.07. The stock has a fifty day moving average price of $47.37 and a two-hundred day moving average price of $41.86.

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

Aramark Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were paid a $0.12 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.9%. Aramark’s dividend payout ratio (DPR) is 35.82%.

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.