Dana Investment Advisors Inc. Acquires New Position in Aramark $ARMK

Dana Investment Advisors Inc. acquired a new stake in Aramark (NYSE:ARMK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 73,307 shares of the company’s stock, valued at approximately $2,702,000.

Other hedge funds have also recently modified their holdings of the company. Activest Wealth Management purchased a new stake in shares of Aramark in the fourth quarter valued at about $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Aramark in the third quarter valued at about $28,000. Quarry LP purchased a new stake in shares of Aramark in the third quarter valued at about $35,000. Osterweis Capital Management Inc. purchased a new stake in shares of Aramark in the second quarter valued at about $40,000. Finally, Torren Management LLC purchased a new stake in shares of Aramark in the fourth quarter valued at about $43,000.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ARMK shares. The Goldman Sachs Group reissued a “buy” rating and issued a $51.00 price objective on shares of Aramark in a report on Wednesday. Bank of America started coverage on shares of Aramark in a report on Tuesday, February 17th. They issued a “buy” rating and a $50.00 price objective for the company. Stifel Nicolaus increased their target price on shares of Aramark from $47.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Truist Financial increased their target price on shares of Aramark from $50.00 to $58.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Finally, Morgan Stanley increased their target price on shares of Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Aramark presently has an average rating of “Moderate Buy” and an average price target of $53.50.

Aramark Stock Down 0.0%

Shares of ARMK opened at $53.08 on Monday. The stock has a market capitalization of $13.96 billion, a PE ratio of 39.61, a P/E/G ratio of 1.12 and a beta of 1.08. Aramark has a 1 year low of $35.07 and a 1 year high of $53.57. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.07 and a current ratio of 1.21. The company’s 50-day simple moving average is $43.35 and its 200-day simple moving average is $40.19.

Aramark (NYSE:ARMK) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The business had revenue of $4.91 billion for the quarter, compared to analysts’ expectations of $4.75 billion. Aramark had a net margin of 1.84% and a return on equity of 17.05%. The business’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.35 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Analysts forecast that Aramark will post 2.24 earnings per share for the current fiscal year.

Aramark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, May 20th. Aramark’s dividend payout ratio is currently 35.82%.

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.