Outlook Wealth Advisors LLC Acquires Shares of 16,769 Aramark $ARMK

Outlook Wealth Advisors LLC bought a new position in Aramark (NYSE:ARMK) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 16,769 shares of the company’s stock, valued at approximately $680,000.

Several other institutional investors also recently modified their holdings of ARMK. AQR Capital Management LLC boosted its stake in Aramark by 163.1% during the fourth quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock worth $326,580,000 after acquiring an additional 5,492,046 shares in the last quarter. Milford Funds Ltd. purchased a new position in shares of Aramark during the fourth quarter valued at approximately $181,204,000. Norges Bank purchased a new position in shares of Aramark during the fourth quarter valued at approximately $128,738,000. Junto Capital Management LP bought a new stake in shares of Aramark in the 3rd quarter worth approximately $132,157,000. Finally, Cooke & Bieler LP purchased a new stake in shares of Aramark in the 4th quarter worth approximately $118,110,000.

Analyst Ratings Changes

A number of research analysts have issued reports on ARMK shares. JPMorgan Chase & Co. lifted their price objective on Aramark from $49.00 to $55.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $51.00 target price on shares of Aramark in a research note on Wednesday, May 13th. Stifel Nicolaus raised their price target on Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Robert W. Baird upped their price target on shares of Aramark from $50.00 to $58.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Finally, Bank of America increased their price objective on shares of Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Aramark currently has a consensus rating of “Moderate Buy” and an average target price of $56.96.

Aramark Price Performance

Shares of NYSE ARMK opened at $53.53 on Tuesday. The firm has a market cap of $14.08 billion, a P/E ratio of 39.95, a PEG ratio of 1.10 and a beta of 1.12. Aramark has a twelve month low of $35.07 and a twelve month high of $54.93. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 1.85. The company has a 50 day moving average of $49.75 and a 200 day moving average of $43.03.

Aramark (NYSE:ARMK) last posted its earnings results on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, topping 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 business had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.75 billion. During the same quarter last year, the company earned $0.35 EPS. The company’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, research analysts expect 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. Shareholders of record on Wednesday, May 20th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.48 dividend on an annualized basis and a yield of 0.9%. Aramark’s 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.