Aramark $ARMK Shares Sold by Fieldview Capital Management LLC

Fieldview Capital Management LLC lessened its holdings in shares of Aramark (NYSE:ARMK) by 45.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,670 shares of the company’s stock after selling 33,772 shares during the quarter. Fieldview Capital Management LLC’s holdings in Aramark were worth $1,499,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ARMK. Milford Funds Ltd. acquired a new stake in Aramark during the 4th quarter worth $181,204,000. Norges Bank acquired a new stake in Aramark during the 4th quarter worth $128,738,000. Junto Capital Management LP acquired a new stake in Aramark during the 3rd quarter worth $132,157,000. Cooke & Bieler LP acquired a new stake in Aramark during the 4th quarter worth $118,110,000. Finally, Pinebridge Investments LLC acquired a new stake in Aramark during the 4th quarter worth $97,780,000.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ARMK shares. Weiss Ratings reissued a “hold (c)” rating on shares of Aramark in a research report on Friday, March 27th. Bank of America boosted their price target on shares of Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. UBS Group boosted their price target on shares of Aramark from $48.00 to $56.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Truist Financial boosted their price target on shares of Aramark from $50.00 to $58.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Finally, Citigroup reissued a “buy” rating on shares of Aramark in a research report on Monday, May 18th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $55.33.

Aramark Trading Up 0.0%

Shares of ARMK stock opened at $54.28 on Monday. The company’s 50-day moving average price is $48.44 and its 200-day moving average price is $42.33. 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 stock has a market cap of $14.27 billion, a price-to-earnings ratio of 40.51, a PEG ratio of 1.12 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 issued its quarterly earnings data 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. The firm had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.75 billion. Aramark had a net margin of 1.84% and a return on equity of 17.05%. Aramark’s revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.35 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, equities analysts predict that Aramark will post 2.24 earnings per share for the current year.

Aramark Announces Dividend

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

About Aramark

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.