Pinnbrook Capital Management LP Invests $14.66 Million in Aramark $ARMK

Pinnbrook Capital Management LP acquired a new stake in Aramark (NYSE:ARMK) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 257,700 shares of the company’s stock, valued at approximately $14,663,000. Aramark makes up about 1.6% of Pinnbrook Capital Management LP’s portfolio, making the stock its 18th largest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Henshaw Capital LLC increased its holdings in Aramark by 0.3% during the 1st quarter. Henshaw Capital LLC now owns 76,923 shares of the company’s stock worth $3,118,000 after purchasing an additional 225 shares during the period. Fifth Third Wealth Advisors LLC raised its position in Aramark by 5.6% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 6,444 shares of the company’s stock valued at $261,000 after purchasing an additional 339 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Aramark by 55.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,152 shares of the company’s stock valued at $42,000 after buying an additional 410 shares during the period. Procyon Advisors LLC grew its position in shares of Aramark by 5.3% during the first quarter. Procyon Advisors LLC now owns 10,590 shares of the company’s stock worth $429,000 after buying an additional 532 shares in the last quarter. Finally, Cetera Investment Advisers grew its position 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 buying an additional 573 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research firms have commented on ARMK. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $74.00 price target on shares of Aramark in a report on Wednesday, August 12th. Truist Financial raised their price objective on shares of Aramark from $58.00 to $70.00 and gave the company a “buy” rating in a report on Monday, July 27th. Royal Bank Of Canada lifted their price objective on shares of Aramark from $60.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday. Morgan Stanley set a $63.00 target price on shares of Aramark in a research note on Tuesday, August 11th. Finally, Citigroup increased their target price on Aramark from $70.50 to $74.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Twelve research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Aramark has an average rating of “Moderate Buy” and a consensus target price of $69.14.

Aramark Stock Performance

Shares of ARMK opened at $59.71 on Friday. The company’s 50 day simple moving average is $56.95 and its 200-day simple moving average is $48.93. The firm has a market cap of $15.74 billion, a PE ratio of 41.76, a price-to-earnings-growth ratio of 1.05 and a beta of 1.12. Aramark has a 12-month low of $35.07 and a 12-month high of $62.65. The company has a current ratio of 1.28, a quick ratio of 1.14 and a debt-to-equity ratio of 1.80.

Aramark (NYSE:ARMK) last released its quarterly earnings results on Tuesday, August 11th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.48 by $0.04. Aramark had a net margin of 1.93% and a return on equity of 17.68%. The firm had revenue of $5.06 billion during the quarter, compared to the consensus estimate of $4.94 billion. During the same quarter in the prior year, the firm earned $0.40 EPS. Aramark’s revenue for the quarter was up 9.3% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, equities analysts predict that Aramark will post 2.27 EPS for the current year.

Aramark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, August 19th. This represents a $0.48 annualized dividend and a dividend yield of 0.8%. Aramark’s dividend payout ratio is 33.57%.

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.