Hanseatic Management Services Inc. Makes New Investment in Aramark $ARMK

Hanseatic Management Services Inc. acquired a new position in shares of Aramark (NYSE:ARMK) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 10,606 shares of the company’s stock, valued at approximately $568,000.

Other large investors have also recently made changes to their positions in the company. Public Employees Retirement System of Ohio acquired a new stake in Aramark during the 2nd quarter worth about $4,248,000. Bank of America Corp DE purchased a new stake in Aramark during the 2nd quarter valued at about $137,742,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Aramark in the second quarter valued at about $1,001,000. Corient Private Wealth LP increased its holdings in shares of Aramark by 477.3% in the second quarter. Corient Private Wealth LP now owns 65,214 shares of the company’s stock valued at $3,711,000 after purchasing an additional 53,917 shares during the period. Finally, BlackRock Inc. purchased a new position in shares of Aramark in the second quarter worth about $1,411,586,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on ARMK shares. Zacks Research raised Aramark from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Weiss Ratings upgraded shares of Aramark from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 15th. Morgan Stanley set a $63.00 price target on shares of Aramark in a research report on Tuesday, August 11th. UBS Group reissued a “buy” rating on shares of Aramark in a research report on Tuesday, September 8th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $70.00 price objective on shares of Aramark in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $69.25.

Aramark Price Performance

Shares of ARMK opened at $55.45 on Thursday. The business’s 50-day moving average is $56.30 and its two-hundred day moving average is $49.86. The company has a market capitalization of $14.62 billion, a P/E ratio of 38.77, a P/E/G ratio of 0.76 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. Aramark has a fifty-two week low of $35.07 and a fifty-two week high of $62.65.

Aramark (NYSE:ARMK) last released its quarterly earnings data on Tuesday, August 11th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates 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%. The company’s revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business posted $0.40 EPS. 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 announced a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 19th. Aramark’s dividend payout ratio (DPR) is 33.57%.

Aramark Profile

Aramark (NYSE: ARMK) is a global provider of food services and facilities management. The company serves businesses, schools and universities, hospitals, sports and entertainment venues, correctional facilities, and other organizations through contracted service arrangements.

Aramark’s food services include dining programs, catering, concessions, retail food operations, and hospitality services. Its facilities management activities include building operations, housekeeping, custodial services, maintenance, energy management, and related workplace support.