Aramark $ARMK Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA cut its stake in Aramark (NYSE:ARMK) by 3.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 278,390 shares of the company’s stock after selling 9,644 shares during the quarter. Leeward Investments LLC MA’s holdings in Aramark were worth $11,286,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. AQR Capital Management LLC grew its stake in shares of Aramark by 163.1% in the fourth quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock valued at $326,580,000 after buying an additional 5,492,046 shares in the last quarter. Milford Funds Ltd. purchased a new position in Aramark in the 4th quarter worth approximately $181,204,000. Norges Bank purchased a new position in Aramark in the 4th quarter worth approximately $128,738,000. Junto Capital Management LP acquired a new stake in Aramark in the third quarter valued at approximately $132,157,000. Finally, Cooke & Bieler LP purchased a new stake in shares of Aramark during the fourth quarter valued at approximately $118,110,000.

Aramark Stock Up 0.6%

ARMK stock opened at $53.88 on Wednesday. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85. The firm has a 50 day simple moving average of $49.97 and a 200-day simple moving average of $43.14. The company has a market capitalization of $14.17 billion, a P/E ratio of 40.21, a PEG ratio of 1.10 and a beta of 1.12. Aramark has a twelve month low of $35.07 and a twelve month high of $54.93.

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

Aramark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, May 20th. Aramark’s dividend payout ratio is 35.82%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ARMK. 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. Bank of America lifted their price target on shares of Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. The Goldman Sachs Group reissued a “buy” rating and issued a $51.00 price objective on shares of Aramark in a research report on Wednesday, May 13th. Stifel Nicolaus raised their target price on Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $54.00 target price on shares of Aramark in a research report on Wednesday, May 13th. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $56.96.

Aramark Company 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.