Bull Harbor Capital LLC Invests $678,000 in Aramark $ARMK

Bull Harbor Capital LLC purchased a new stake in Aramark (NYSE:ARMK) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 16,728 shares of the company’s stock, valued at approximately $678,000.

A number of other large investors also recently bought and sold shares of the business. Capital International Investors boosted its position in Aramark by 1.0% during the fourth quarter. Capital International Investors now owns 24,894,503 shares of the company’s stock worth $917,789,000 after purchasing an additional 247,594 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of Aramark by 0.7% in the fourth quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock valued at $670,702,000 after buying an additional 128,199 shares in the last quarter. Farallon Capital Management LLC increased its position in shares of Aramark by 4.0% in the fourth 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 in the last quarter. AQR Capital Management LLC raised its stake in shares of Aramark by 163.1% during the 4th quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock worth $326,580,000 after buying an additional 5,492,046 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Aramark by 13.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,177,184 shares of the company’s stock worth $290,962,000 after buying an additional 868,900 shares during the period.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. UBS Group reissued a “buy” rating and issued a $67.00 price target on shares of Aramark in a research note on Monday, July 13th. Oppenheimer upped their price objective on shares of Aramark from $60.00 to $65.00 and gave the stock an “outperform” rating in a research report on Monday, June 29th. Morgan Stanley lifted their target price on shares of Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating and set a $51.00 target price on shares of Aramark in a research note on Wednesday, May 13th. Finally, Truist Financial upped their price target on shares of Aramark from $58.00 to $70.00 and gave the stock a “buy” rating in a research report on Monday. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.62.

Aramark Stock Up 0.3%

Shares of ARMK opened at $57.33 on Friday. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.07 and a current ratio of 1.21. Aramark has a one year low of $35.07 and a one year high of $58.68. The stock has a market capitalization of $15.07 billion, a price-to-earnings ratio of 42.78, a PEG ratio of 1.09 and a beta of 1.11. The stock has a 50 day moving average price of $55.19 and a 200 day moving average price of $46.75.

Aramark (NYSE:ARMK) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Aramark had a return on equity of 17.05% and a net margin of 1.84%.The company had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.75 billion. During the same quarter last year, the firm posted $0.35 EPS. The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities research analysts forecast that Aramark will post 2.24 earnings per share for the current fiscal year.

Aramark Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. Aramark’s dividend payout ratio (DPR) is currently 35.82%.

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.