Centaurus Financial Inc. Purchases Shares of 26,228 Aramark $ARMK

Centaurus Financial Inc. acquired a new position in shares of Aramark (NYSE:ARMK) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 26,228 shares of the company’s stock, valued at approximately $1,063,000.

A number of other large investors also recently modified their holdings of the stock. Capital International Investors lifted its holdings in shares of Aramark by 1.0% in the fourth 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 in the last quarter. Janus Henderson Group PLC grew its holdings in Aramark by 0.7% during the fourth quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock worth $670,702,000 after buying an additional 128,199 shares in the last quarter. Farallon Capital Management LLC raised its position in Aramark by 4.0% in 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 last quarter. AQR Capital Management LLC raised its position in Aramark by 163.1% in 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. Finally, Dimensional Fund Advisors LP lifted its stake in Aramark by 13.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,177,184 shares of the company’s stock valued at $290,962,000 after acquiring an additional 868,900 shares in the last quarter.

Aramark Trading Down 0.4%

Shares of Aramark stock opened at $57.01 on Friday. The firm has a market cap of $14.99 billion, a PE ratio of 42.54, a P/E/G ratio of 1.09 and a beta of 1.11. Aramark has a 1 year low of $35.07 and a 1 year high of $58.68. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.21 and a quick ratio of 1.07. The stock has a fifty day moving average price of $55.31 and a 200-day moving average price of $46.83.

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

Aramark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Wednesday, May 20th. Aramark’s payout ratio is presently 35.82%.

Analysts Set New Price Targets

Several analysts have recently issued reports on ARMK shares. Stifel Nicolaus upped their target price on shares of Aramark from $47.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Robert W. Baird set a $63.00 price target on shares of Aramark in a research report on Friday, July 24th. Bank of America boosted their price target on shares of Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Truist Financial increased their price objective on shares of Aramark from $58.00 to $70.00 and gave the company a “buy” rating in a research note on Monday. Finally, UBS Group reissued a “buy” rating and set a $67.00 target price on shares of Aramark in a research report on Monday, July 13th. Eleven equities 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, the company presently has a consensus rating of “Moderate Buy” and an average target price of $60.62.

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.