GSA Capital Partners LLP Buys Shares of 29,871 Aramark $ARMK

GSA Capital Partners LLP purchased a new stake in shares of Aramark (NYSE:ARMK) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 29,871 shares of the company’s stock, valued at approximately $1,700,000.

Several other large investors also recently modified their holdings of ARMK. AQR Capital Management LLC increased its position in Aramark by 163.1% during the fourth quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock valued at $326,580,000 after acquiring an additional 5,492,046 shares during the last quarter. Milford Funds Ltd. purchased a new position in shares of Aramark during the 4th quarter valued at about $181,204,000. Norges Bank bought a new position in Aramark in the 4th quarter worth $128,738,000. Cooke & Bieler LP purchased a new position in Aramark during the 4th quarter valued at approximately $118,110,000. Finally, Pinebridge Investments LLC purchased a new stake in Aramark during the fourth quarter valued at $97,780,000.

Aramark Price Performance

NYSE:ARMK opened at $62.38 on Monday. The firm has a market cap of $16.44 billion, a price-to-earnings ratio of 43.62, a PEG ratio of 1.10 and a beta of 1.12. The firm’s fifty day moving average is $56.30 and its two-hundred day moving average is $48.24. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.14 and a current ratio of 1.28. Aramark has a one year low of $35.07 and a one year high of $62.65.

Aramark (NYSE:ARMK) last posted its earnings results on Tuesday, August 11th. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.48 by $0.04. The firm had revenue of $5.06 billion for the quarter, compared to analyst estimates of $4.94 billion. Aramark had a return on equity of 17.68% and a net margin of 1.93%.Aramark’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period last year, the company earned $0.40 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Research analysts expect that Aramark will post 2.27 EPS for the current year.

Aramark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.48 dividend on an annualized basis and a yield of 0.8%. Aramark’s dividend payout ratio is presently 33.57%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ARMK shares. Royal Bank Of Canada lifted their target price on Aramark from $47.00 to $55.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. UBS Group boosted their target price on shares of Aramark from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday. Stifel Nicolaus raised their target price on shares of Aramark from $54.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Jefferies Financial Group boosted their price target on shares of Aramark from $62.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $70.00 price objective on shares of Aramark in a report on Wednesday. Twelve analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $68.07.

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.