Dimensional Fund Advisors LP Decreases Stake in Aramark $ARMK

Dimensional Fund Advisors LP decreased its holdings in shares of Aramark (NYSE:ARMK) by 0.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,894,691 shares of the company’s stock after selling 47,830 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Aramark were worth $226,356,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Steph & Co. raised its stake in shares of Aramark by 10.0% during the third quarter. Steph & Co. now owns 3,352 shares of the company’s stock valued at $129,000 after acquiring an additional 306 shares in the last quarter. ProShare Advisors LLC grew its stake in Aramark by 2.9% in the second quarter. ProShare Advisors LLC now owns 11,619 shares of the company’s stock worth $486,000 after purchasing an additional 325 shares in the last quarter. GAMMA Investing LLC increased its holdings in Aramark by 6.8% during the 3rd quarter. GAMMA Investing LLC now owns 7,069 shares of the company’s stock worth $271,000 after purchasing an additional 450 shares during the period. Cetera Investment Advisers increased its holdings in Aramark by 7.4% during the 2nd quarter. Cetera Investment Advisers now owns 8,294 shares of the company’s stock worth $347,000 after purchasing an additional 573 shares during the period. Finally, Profund Advisors LLC raised its position in Aramark by 11.1% during the 3rd quarter. Profund Advisors LLC now owns 5,861 shares of the company’s stock valued at $225,000 after purchasing an additional 585 shares in the last quarter.

Aramark Stock Down 1.9%

NYSE:ARMK opened at $40.28 on Friday. The company’s 50-day simple moving average is $39.27 and its 200-day simple moving average is $38.63. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.13 and a current ratio of 1.27. Aramark has a fifty-two week low of $29.92 and a fifty-two week high of $44.49. The stock has a market capitalization of $10.59 billion, a P/E ratio of 33.85, a P/E/G ratio of 0.98 and a beta of 1.06.

Aramark (NYSE:ARMK) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.50 by $0.01. The firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.76 billion. Aramark had a net margin of 1.69% and a return on equity of 16.15%. Aramark’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.51 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities analysts anticipate that Aramark will post 1.92 earnings per share for the current fiscal year.

Aramark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 18th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Wednesday, February 18th. Aramark’s dividend payout ratio is currently 40.34%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ARMK shares. Robert W. Baird set a $50.00 price target on Aramark in a research report on Wednesday, February 11th. Truist Financial upped their price objective on shares of Aramark from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Morgan Stanley set a $45.00 target price on shares of Aramark in a report on Tuesday, February 10th. Stifel Nicolaus raised their target price on shares of Aramark from $44.00 to $47.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a research report on Monday, December 29th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $48.38.

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.