Aramark (NYSE:ARMK – Get Free Report) had its price objective raised by equities researchers at JPMorgan Chase & Co. from $49.00 to $55.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 10.88% from the stock’s previous close.
ARMK has been the subject of several other reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a report on Friday, March 27th. Bank of America assumed coverage on Aramark in a report on Tuesday, February 17th. They issued a “buy” rating and a $50.00 price objective for the company. UBS Group boosted their price target on Aramark from $48.00 to $56.00 and gave the stock a “buy” rating in a report on Wednesday. Truist Financial boosted their price target on Aramark from $50.00 to $58.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Morgan Stanley set a $50.00 price target on Aramark in a report on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Aramark currently has an average rating of “Moderate Buy” and an average target price of $52.83.
Check Out Our Latest Stock Report on ARMK
Aramark Price Performance
Aramark (NYSE:ARMK – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The firm had revenue of $4.91 billion during the quarter, compared to analysts’ expectations of $4.75 billion. Aramark had a return on equity of 16.15% and a net margin of 1.69%.The company’s quarterly revenue was up 14.7% compared to the same quarter last year. 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, analysts anticipate that Aramark will post 2.22 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Aramark
A number of institutional investors have recently modified their holdings of ARMK. Goldman Sachs Group Inc. raised its holdings in shares of Aramark by 38.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 489,646 shares of the company’s stock worth $16,903,000 after buying an additional 135,224 shares in the last quarter. Creative Planning grew its position in Aramark by 36.0% during the 2nd quarter. Creative Planning now owns 9,918 shares of the company’s stock worth $415,000 after acquiring an additional 2,625 shares during the last quarter. Cetera Investment Advisers grew its position 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 acquiring an additional 573 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Aramark during the 2nd quarter worth $640,000. Finally, Cerity Partners LLC grew its position in Aramark by 61.5% during the 2nd quarter. Cerity Partners LLC now owns 16,097 shares of the company’s stock worth $674,000 after acquiring an additional 6,127 shares during the last quarter.
Key Stories Impacting Aramark
Here are the key news stories impacting Aramark this week:
- Positive Sentiment: Aramark reported Q2 adjusted EPS of $0.49 and revenue of $4.91 billion, both ahead of Wall Street estimates, while revenue rose 14.7% year over year. Aramark Reports Second Quarter Earnings
- Positive Sentiment: Management raised its FY2026 outlook toward the high end of prior revenue expectations and reaffirmed its profit-growth targets, signaling continued momentum and better-than-expected business trends. Aramark jumps 9.7% as Q2 results top expectations and FY26 outlook is nudged higher
- Positive Sentiment: Truist raised its price target on Aramark to $58 from $50 and kept a Buy rating, implying meaningful upside from recent trading levels. Truist price target raise
- Positive Sentiment: Stifel lifted its price target to $54 from $47 and reiterated a Buy rating, while Baird also increased its target to $58 and maintained an Outperform rating. Stifel and Baird price target raises
- Positive Sentiment: Investor sentiment also got a boost from coverage highlighting Aramark as an emerging beneficiary of AI infrastructure spending, helping fuel the stock’s move to fresh highs. AI Infrastructure Spending Is Creating An Unlikely Winner: Aramark
- Neutral Sentiment: Several articles also discussed Aramark’s Q2 earnings call transcript and analyst roundup coverage, but these were mostly follow-up items rather than new market-moving developments. Aramark Q2 2026 Earnings Call Transcript
- Negative Sentiment: One Seeking Alpha note argued that upside may be limited at current valuation and highlighted risks such as higher debt and execution challenges, but that view was outweighed today by the earnings beat and analyst upgrades. Aramark: Upside Is Now Muted After Q2 2026
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.
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