Sone Capital Management LLC Buys New Shares in Aramark $ARMK

Sone Capital Management LLC bought a new position in shares of Aramark (NYSE:ARMK) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 196,162 shares of the company’s stock, valued at approximately $11,162,000. Sone Capital Management LLC owned approximately 0.07% of Aramark as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Capital International Investors increased its position in shares of Aramark by 1.0% during the fourth quarter. Capital International Investors now owns 24,894,503 shares of the company’s stock valued at $917,789,000 after purchasing an additional 247,594 shares during the period. BlackRock Inc. bought a new position in Aramark in the second quarter worth $1,411,586,000. Janus Henderson Group PLC boosted its stake in Aramark by 0.7% during the fourth quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock worth $670,702,000 after buying an additional 128,199 shares in the last quarter. Farallon Capital Management LLC increased its holdings in Aramark by 4.0% in the 4th quarter. Farallon Capital Management LLC now owns 9,357,046 shares of the company’s stock valued at $344,901,000 after buying an additional 360,844 shares during the period. Finally, AQR Capital Management LLC increased its holdings in Aramark by 163.1% in the 4th quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock valued at $326,580,000 after buying an additional 5,492,046 shares during the period.

Analyst Ratings Changes

ARMK has been the subject of a number of analyst reports. Jefferies Financial Group raised their price objective on shares of Aramark from $62.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. JPMorgan Chase & Co. increased their price target on shares of Aramark from $55.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Royal Bank Of Canada raised their price target on shares of Aramark from $60.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Robert W. Baird lifted their price objective on Aramark from $63.00 to $69.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $70.00 price objective on shares of Aramark in a research note on Wednesday, August 12th. Twelve equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Aramark has a consensus rating of “Moderate Buy” and a consensus target price of $69.14.

Aramark Stock Down 0.7%

Shares of NYSE:ARMK opened at $59.32 on Tuesday. The company’s fifty day moving average is $57.06 and its 200-day moving average is $49.15. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.14 and a current ratio of 1.28. Aramark has a 52 week low of $35.07 and a 52 week high of $62.65. The company has a market capitalization of $15.64 billion, a PE ratio of 41.49, a P/E/G ratio of 1.05 and a beta of 1.12.

Aramark (NYSE:ARMK) last announced its earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. Aramark had a net margin of 1.93% and a return on equity of 17.68%. The business had revenue of $5.06 billion during the quarter, compared to analysts’ expectations of $4.94 billion. During the same quarter last year, the company posted $0.40 EPS. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities research analysts predict that Aramark will post 2.27 earnings per share for the current fiscal year.

Aramark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.48 annualized dividend and a dividend yield of 0.8%. Aramark’s dividend payout ratio (DPR) is presently 33.57%.

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.