Y Intercept Hong Kong Ltd Invests $470,000 in Aramark $ARMK

Y Intercept Hong Kong Ltd purchased a new stake in shares of Aramark (NYSE:ARMK) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 11,592 shares of the company’s stock, valued at approximately $470,000.

Several other institutional investors also recently bought and sold shares of ARMK. JPMorgan Chase & Co. lifted its holdings 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 acquiring an additional 667,528 shares in the last quarter. Aquatic Capital Management LLC increased its holdings in Aramark by 848.1% in the 3rd quarter. Aquatic Capital Management LLC now owns 152,258 shares of the company’s stock valued at $5,847,000 after purchasing an additional 136,198 shares in the last quarter. Oak Thistle LLC grew its stake in shares of Aramark by 428.2% in the fourth quarter. Oak Thistle LLC now owns 56,069 shares of the company’s stock valued at $2,067,000 after buying an additional 45,453 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab purchased a new stake in shares of Aramark during the 3rd quarter valued at about $10,443,000. Finally, CWM LLC lifted its position in Aramark by 236.6% during the 4th quarter. CWM LLC now owns 199,751 shares of the company’s stock worth $7,363,000 after acquiring an additional 140,401 shares in the last quarter.

Wall Street Analyst Weigh In

ARMK has been the subject of a number of analyst reports. Oppenheimer upped their price target on Aramark from $60.00 to $65.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $51.00 price target on shares of Aramark in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Aramark in a report on Wednesday, July 8th. JPMorgan Chase & Co. upped their price objective on shares of Aramark from $49.00 to $55.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Finally, Royal Bank Of Canada raised their target price on Aramark from $47.00 to $55.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $59.21.

Aramark Stock Down 0.3%

ARMK stock opened at $58.00 on Wednesday. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85. The firm has a 50 day simple moving average of $53.38 and a 200-day simple moving average of $45.13. The company has a market capitalization of $15.25 billion, a P/E ratio of 43.28, a PEG ratio of 1.10 and a beta of 1.11. Aramark has a twelve month low of $35.07 and a twelve month high of $58.68.

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

Aramark Dividend Announcement

The business 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. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Wednesday, May 20th. Aramark’s dividend payout ratio 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.