Corient Private Wealth LP Makes New $2.64 Million Investment in Aramark $ARMK

Corient Private Wealth LP purchased a new stake in shares of Aramark (NYSE:ARMK) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 46,363 shares of the company’s stock, valued at approximately $2,638,000.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. bought a new position in Aramark during the second quarter valued at approximately $1,411,586,000. Jupiter Topco LLC bought a new stake in Aramark in the 2nd quarter worth approximately $1,041,407,000. AQR Capital Management LLC raised its stake in Aramark by 163.1% during the 4th quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock valued at $326,580,000 after buying an additional 5,492,046 shares during the last quarter. Milford Funds Ltd. bought a new position in shares of Aramark during the 4th quarter valued at $181,204,000. Finally, Norges Bank bought a new position in shares of Aramark during the 4th quarter valued at $128,738,000.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ARMK shares. Citigroup lifted their price objective on Aramark from $70.50 to $74.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Royal Bank Of Canada raised their target price on Aramark from $60.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. Morgan Stanley set a $63.00 price target on Aramark in a research note on Tuesday, August 11th. Jefferies Financial Group upped their price target on shares of Aramark from $62.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Finally, Oppenheimer increased their price objective on shares of Aramark from $60.00 to $65.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. Twelve equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $69.14.

Aramark Price Performance

Shares of Aramark stock opened at $56.55 on Wednesday. The stock has a market cap of $14.91 billion, a P/E ratio of 39.55, a P/E/G ratio of 0.99 and a beta of 1.12. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.14 and a current ratio of 1.28. The stock’s fifty day moving average is $57.59 and its 200 day moving average is $49.93. Aramark has a one year low of $35.07 and a one year high of $62.65.

Aramark (NYSE:ARMK) last released its quarterly earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.04. The business had revenue of $5.06 billion during 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.40 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Sell-side analysts anticipate that Aramark will post 2.27 earnings per share for the current year.

Aramark Announces Dividend

The company also recently announced 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. This represents a $0.48 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, August 19th. Aramark’s dividend payout ratio is currently 33.57%.

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.