Centaurus Financial Inc. Makes New $1.56 Million Investment in Aramark $ARMK

Centaurus Financial Inc. acquired a new position in Aramark (NYSE:ARMK) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 27,412 shares of the company’s stock, valued at approximately $1,560,000.

Several other large investors have also recently modified their holdings of ARMK. Activest Wealth Management purchased a new stake in Aramark during the fourth quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd purchased a new position in Aramark in the third quarter worth $28,000. Cedar Mountain Advisors LLC acquired a new position in shares of Aramark during the first quarter worth $32,000. Kestra Advisory Services LLC acquired a new position in shares of Aramark during the fourth quarter worth $32,000. Finally, Elevation Wealth Partners LLC lifted its holdings in shares of Aramark by 2,842.9% during the 2nd quarter. Elevation Wealth Partners LLC now owns 618 shares of the company’s stock valued at $35,000 after purchasing an additional 597 shares during the last quarter.

Aramark Trading Down 1.1%

Shares of Aramark stock opened at $58.88 on Friday. The stock has a market cap of $15.52 billion, a PE ratio of 41.17, a price-to-earnings-growth ratio of 1.05 and a beta of 1.12. The firm has a fifty day moving average price of $57.38 and a 200 day moving average price of $49.59. Aramark has a 1 year low of $35.07 and a 1 year high of $62.65. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.28 and a quick ratio of 1.14.

Aramark (NYSE:ARMK) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. The company had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $4.94 billion. Aramark had a return on equity of 17.68% and a net margin of 1.93%.The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period last year, the firm earned $0.40 EPS. 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 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 dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, August 19th. Aramark’s dividend payout ratio (DPR) is currently 33.57%.

Wall Street Analysts Forecast Growth

ARMK has been the topic of several research analyst reports. Oppenheimer boosted their target price on Aramark from $60.00 to $65.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. The Goldman Sachs Group reissued a “buy” rating and issued a $70.00 price target on shares of Aramark in a report on Wednesday, August 12th. Jefferies Financial Group boosted their price target on Aramark from $62.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. upped their price objective on shares of Aramark from $55.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $74.00 price objective on shares of Aramark in a research note on Wednesday, August 12th. Twelve research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $69.14.

Aramark 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.