Aramark $ARMK Shares Sold by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. lowered its position in shares of Aramark (NYSE:ARMK) by 65.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,477 shares of the company’s stock after selling 31,674 shares during the quarter. Levin Capital Strategies L.P.’s holdings in Aramark were worth $607,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Torren Management LLC acquired a new stake in Aramark during the fourth quarter valued at approximately $43,000. M&T Bank Corp grew its holdings in shares of Aramark by 27.4% during the fourth quarter. M&T Bank Corp now owns 6,645 shares of the company’s stock valued at $245,000 after purchasing an additional 1,431 shares during the last quarter. Exencial Wealth Advisors LLC grew its holdings in shares of Aramark by 15.9% during the fourth quarter. Exencial Wealth Advisors LLC now owns 21,373 shares of the company’s stock valued at $788,000 after purchasing an additional 2,933 shares during the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of Aramark by 9.8% during the fourth quarter. Pictet Asset Management Holding SA now owns 40,104 shares of the company’s stock valued at $1,478,000 after purchasing an additional 3,575 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of Aramark by 47.5% during the fourth quarter. UBS Group AG now owns 2,002,903 shares of the company’s stock valued at $73,827,000 after purchasing an additional 644,731 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have recently commented on ARMK shares. Robert W. Baird set a $50.00 target price on Aramark in a report on Wednesday, February 11th. Bank of America started coverage on Aramark in a report on Tuesday, February 17th. They set a “buy” rating and a $50.00 target price for the company. Citigroup upped their target price on Aramark from $49.00 to $51.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a report on Friday, March 27th. Finally, Truist Financial upped their target price on Aramark from $46.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Aramark currently has an average rating of “Moderate Buy” and an average target price of $48.67.

Aramark Stock Performance

Shares of ARMK stock opened at $44.96 on Thursday. Aramark has a 12-month low of $32.50 and a 12-month high of $46.88. The firm has a market capitalization of $11.82 billion, a price-to-earnings ratio of 37.78, a price-to-earnings-growth ratio of 1.11 and a beta of 1.06. The business has a 50 day simple moving average of $42.04 and a 200 day simple moving average of $39.62. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.27 and a quick ratio of 1.13.

Aramark (NYSE:ARMK) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. Aramark had a return on equity of 16.15% and a net margin of 1.69%.The business had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.76 billion. During the same period in the prior year, the company posted $0.51 EPS. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities research analysts anticipate that Aramark will post 2.22 EPS for the current year.

Aramark Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, February 18th. Aramark’s dividend payout ratio is 40.34%.

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.