Public Employees Retirement Association of Colorado Has $24.70 Million Stake in Aramark $ARMK

Public Employees Retirement Association of Colorado decreased its position in Aramark (NYSE:ARMK) by 27.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 670,051 shares of the company’s stock after selling 248,700 shares during the period. Public Employees Retirement Association of Colorado owned about 0.25% of Aramark worth $24,698,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of Aramark by 102.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,320,269 shares of the company’s stock valued at $50,700,000 after buying an additional 667,528 shares during the period. Artisan Partners Limited Partnership boosted its stake in shares of Aramark by 166.3% during the 3rd quarter. Artisan Partners Limited Partnership now owns 1,131,501 shares of the company’s stock valued at $43,450,000 after buying an additional 706,677 shares during the period. Junto Capital Management LP acquired a new stake in shares of Aramark during the 3rd quarter valued at $132,157,000. Fisher Asset Management LLC boosted its stake in shares of Aramark by 73.5% during the 3rd quarter. Fisher Asset Management LLC now owns 1,468,699 shares of the company’s stock valued at $56,398,000 after buying an additional 622,430 shares during the period. Finally, Capital International Investors boosted its stake in shares of Aramark by 2.4% during the 3rd quarter. Capital International Investors now owns 24,646,909 shares of the company’s stock valued at $946,455,000 after buying an additional 580,215 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ARMK. Royal Bank Of Canada lifted their target price on shares of Aramark from $47.00 to $55.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Stifel Nicolaus lifted their target price on shares of Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Bank of America lifted their target price on shares of Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Oppenheimer raised their price target on shares of Aramark from $50.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $54.00 price target on shares of Aramark in a report on Wednesday, May 13th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $55.33.

Aramark Stock Performance

Shares of ARMK opened at $54.28 on Monday. The company has a market capitalization of $14.27 billion, a PE ratio of 40.51, a price-to-earnings-growth ratio of 1.12 and a beta of 1.12. Aramark has a one year low of $35.07 and a one year high of $54.93. 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 company’s fifty day moving average price is $48.44 and its 200 day moving average price is $42.33.

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

Aramark Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, May 20th. 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.