Bull Harbor Capital LLC Buys New Stake in Aramark $ARMK

Bull Harbor Capital LLC bought a new stake in Aramark (NYSE:ARMK) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 16,728 shares of the company’s stock, valued at approximately $678,000.

A number of other large investors have also made changes to their positions in the business. Activest Wealth Management purchased a new stake in shares of Aramark during the 4th quarter valued at $27,000. Caitong International Asset Management Co. Ltd purchased a new position in Aramark during the 3rd quarter worth $28,000. Cedar Mountain Advisors LLC acquired a new position in Aramark during the 1st quarter valued at about $32,000. Kestra Advisory Services LLC purchased a new stake in Aramark in the fourth quarter valued at about $32,000. Finally, Quarry LP purchased a new stake in Aramark in the third quarter valued at about $35,000.

Analyst Ratings Changes

ARMK has been the topic of a number of research analyst reports. Bank of America boosted their price target on Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Citigroup increased their price objective on shares of Aramark from $63.00 to $70.50 and gave the company a “buy” rating in a research report on Monday, June 22nd. Royal Bank Of Canada lifted their target price on shares of Aramark from $47.00 to $55.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. Morgan Stanley boosted their target price on shares of Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 13th. Finally, UBS Group reaffirmed a “buy” rating and issued a $67.00 price target on shares of Aramark in a report on Monday, July 13th. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $60.62.

Aramark Stock Performance

Shares of ARMK stock opened at $57.33 on Friday. The stock has a market cap of $15.07 billion, a PE ratio of 42.78, a price-to-earnings-growth ratio of 1.09 and a beta of 1.11. The business has a 50-day simple moving average of $55.19 and a 200-day simple moving average of $46.75. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 1.85. Aramark has a 52-week low of $35.07 and a 52-week high of $58.68.

Aramark (NYSE:ARMK) last posted 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 analyst estimates of $4.75 billion. Aramark had a return on equity of 17.05% and a net margin of 1.84%.Aramark’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period last year, the company earned $0.35 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities analysts expect that Aramark will post 2.24 EPS for the current year.

Aramark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.8%. Aramark’s dividend payout ratio (DPR) is presently 35.82%.

About Aramark

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.