Capstone Investment Advisors LLC acquired a new position in shares of Aramark (NYSE:ARMK – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 25,751 shares of the company’s stock, valued at approximately $1,465,000.
Several other large investors also recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its stake in Aramark by 38.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 489,646 shares of the company’s stock valued at $16,903,000 after buying an additional 135,224 shares during the last quarter. Creative Planning lifted its position in Aramark by 36.0% during the second quarter. Creative Planning now owns 9,918 shares of the company’s stock worth $415,000 after acquiring an additional 2,625 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Aramark by 7.4% during the second quarter. Cetera Investment Advisers now owns 8,294 shares of the company’s stock worth $347,000 after acquiring an additional 573 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Aramark during the second quarter worth approximately $640,000. Finally, Cerity Partners LLC grew its position in shares of Aramark by 61.5% in the second quarter. Cerity Partners LLC now owns 16,097 shares of the company’s stock valued at $674,000 after purchasing an additional 6,127 shares during the last quarter.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Morgan Stanley set a $63.00 target price on Aramark in a research note on Tuesday, August 11th. UBS Group upped their price objective on Aramark from $67.00 to $71.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Jefferies Financial Group increased their price objective on Aramark from $62.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Stifel Nicolaus lifted their target price on Aramark from $54.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Finally, Weiss Ratings cut shares of Aramark from a “hold (c+)” rating to a “hold (c)” rating in a research report 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 company’s stock. According to MarketBeat.com, Aramark currently has an average rating of “Moderate Buy” and an average target price of $69.14.
Aramark Stock Down 1.1%
NYSE ARMK opened at $58.88 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.14 and a debt-to-equity ratio of 1.80. The company has a market cap of $15.52 billion, a price-to-earnings ratio of 41.17, a PEG ratio of 1.05 and a beta of 1.12. The company has a 50 day moving average of $57.38 and a 200-day moving average of $49.59. Aramark has a 1-year low of $35.07 and a 1-year high of $62.65.
Aramark (NYSE:ARMK – Get Free Report) last issued its quarterly 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 return on equity of 17.68% and a net margin of 1.93%.The business had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $4.94 billion. During the same quarter in the prior year, the business posted $0.40 earnings per share. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities research analysts expect that Aramark will post 2.27 earnings per share for the current fiscal year.
Aramark Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a $0.12 dividend. The ex-dividend date is Wednesday, August 19th. 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 33.57%.
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.
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