9,569 Shares in Aramark $ARMK Purchased by Vise Technologies Inc.

Vise Technologies Inc. bought a new stake in Aramark (NYSE:ARMK) in the second quarter, HoldingsChannel.com reports. The fund bought 9,569 shares of the company’s stock, valued at approximately $544,000.

Several other institutional investors also recently made changes to their positions in the stock. Capital International Investors boosted its position in Aramark by 1.0% during the 4th quarter. Capital International Investors now owns 24,894,503 shares of the company’s stock valued at $917,789,000 after purchasing an additional 247,594 shares during the period. BlackRock Inc. acquired a new position in shares of Aramark during the second quarter worth approximately $1,411,586,000. Janus Henderson Group PLC raised its stake in shares of Aramark by 0.7% during the fourth quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock valued at $670,702,000 after purchasing an additional 128,199 shares in the last quarter. Farallon Capital Management LLC increased its stake in Aramark by 4.0% during the 4th quarter. Farallon Capital Management LLC now owns 9,357,046 shares of the company’s stock valued at $344,901,000 after buying an additional 360,844 shares during the period. Finally, AQR Capital Management LLC increased its stake in shares of 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 period.

Aramark Price Performance

Shares of NYSE:ARMK opened at $59.32 on Tuesday. Aramark has a twelve month low of $35.07 and a twelve month high of $62.65. The company has a market cap of $15.64 billion, a price-to-earnings ratio of 41.49, a PEG ratio of 1.05 and a beta of 1.12. The business has a 50 day moving average price of $57.06 and a 200 day moving average price of $49.15. The company has a quick ratio of 1.14, a current ratio of 1.28 and a debt-to-equity ratio of 1.80.

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

Aramark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.8%. Aramark’s dividend payout ratio is currently 33.57%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ARMK. UBS Group boosted their target price on shares of Aramark from $67.00 to $71.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Jefferies Financial Group lifted their price target on Aramark from $62.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $74.00 price objective on shares of Aramark in a research report on Wednesday, August 12th. Royal Bank Of Canada lifted their price objective on Aramark from $60.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $70.00 target price on shares of Aramark in a research report on Wednesday, August 12th. Twelve equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Aramark currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.14.

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.