39,331 Shares in Aramark $ARMK Bought by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new position in shares of Aramark (NYSE:ARMKFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 39,331 shares of the company’s stock, valued at approximately $1,450,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Capital International Investors raised its holdings in shares of Aramark by 2.4% during the third quarter. Capital International Investors now owns 24,646,909 shares of the company’s stock worth $946,455,000 after acquiring an additional 580,215 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Aramark by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 4,677,911 shares of the company’s stock worth $172,464,000 after acquiring an additional 56,404 shares in the last quarter. Norges Bank purchased a new stake in shares of Aramark during the fourth quarter worth $128,738,000. Junto Capital Management LP purchased a new stake in shares of Aramark during the third quarter worth $132,157,000. Finally, AQR Capital Management LLC raised its holdings in shares of Aramark by 281.1% during the third quarter. AQR Capital Management LLC now owns 3,367,964 shares of the company’s stock worth $129,296,000 after acquiring an additional 2,484,319 shares in the last quarter.

Wall Street Analyst Weigh In

ARMK has been the subject of several recent research reports. Robert W. Baird increased their price objective on Aramark from $50.00 to $58.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $54.00 target price on shares of Aramark in a research report on Wednesday, May 13th. 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 report on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Aramark in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. increased their target price on shares of Aramark from $49.00 to $55.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $54.50.

Check Out Our Latest Stock Analysis on Aramark

Aramark Trading Down 1.1%

Aramark stock opened at $52.84 on Tuesday. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.21 and a quick ratio of 1.07. The company has a market capitalization of $13.89 billion, a price-to-earnings ratio of 39.43, a PEG ratio of 1.10 and a beta of 1.12. Aramark has a one year low of $35.07 and a one year high of $54.57. The company’s fifty day moving average price is $47.37 and its two-hundred day moving average price is $41.86.

Aramark (NYSE:ARMKGet Free Report) last posted its earnings results on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $4.91 billion for the quarter, compared to the consensus estimate 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 period in the prior year, the business posted $0.35 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, 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 was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, May 20th. Aramark’s dividend payout ratio (DPR) is currently 35.82%.

Aramark Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Aramark (NYSE:ARMK)

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