Aramark $ARMK Shares Purchased by XTX Topco Ltd

XTX Topco Ltd boosted its holdings in Aramark (NYSE:ARMK) by 70.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,244 shares of the company’s stock after acquiring an additional 10,867 shares during the quarter. XTX Topco Ltd’s holdings in Aramark were worth $1,099,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Aramark in the 1st quarter valued at about $1,148,000. Avantax Advisory Services Inc. grew its position in Aramark by 30.5% during the first quarter. Avantax Advisory Services Inc. now owns 22,744 shares of the company’s stock worth $785,000 after buying an additional 5,316 shares during the period. Cetera Investment Advisers purchased a new position in Aramark in the first quarter valued at about $267,000. LPL Financial LLC lifted its position in shares of Aramark by 6.0% during the 1st quarter. LPL Financial LLC now owns 55,954 shares of the company’s stock valued at $1,932,000 after acquiring an additional 3,143 shares during the period. Finally, Natixis Advisors LLC boosted its stake in shares of Aramark by 42.5% during the 1st quarter. Natixis Advisors LLC now owns 161,209 shares of the company’s stock worth $5,565,000 after acquiring an additional 48,070 shares in the last quarter.

Aramark Stock Down 0.3%

Shares of NYSE:ARMK opened at $37.17 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.29 and a debt-to-equity ratio of 2.03. The company has a market capitalization of $9.77 billion, a P/E ratio of 27.53 and a beta of 1.24. Aramark has a 52-week low of $29.92 and a 52-week high of $44.49. The stock’s fifty day simple moving average is $38.36 and its 200-day simple moving average is $39.75.

Aramark (NYSE:ARMK) last posted its quarterly earnings data on Monday, November 17th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). The company had revenue of $5.05 billion for the quarter, compared to analysts’ expectations of $5.16 billion. Aramark had a return on equity of 15.67% and a net margin of 2.02%.The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.54 EPS. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. As a group, equities research analysts forecast that Aramark will post 1.92 earnings per share for the current fiscal year.

Aramark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Friday, December 5th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, December 5th. This is a positive change from Aramark’s previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a dividend yield of 1.3%. Aramark’s payout ratio is currently 39.34%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ARMK. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Aramark in a research note on Tuesday, October 14th. Morgan Stanley lowered their target price on Aramark from $44.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 18th. Robert W. Baird cut their price target on Aramark from $47.00 to $46.00 and set an “outperform” rating for the company in a research note on Tuesday, November 18th. UBS Group decreased their price objective on shares of Aramark from $46.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, October 1st. Finally, Stifel Nicolaus set a $44.00 price objective on shares of Aramark in a research note on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Aramark presently has an average rating of “Moderate Buy” and an average target price of $45.67.

Aramark Profile

Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, environmental services, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services.