Aramark $ARMK Shares Purchased by Wellington Management Group LLP

Wellington Management Group LLP boosted its holdings in Aramark (NYSE:ARMK) by 250.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 542,447 shares of the company’s stock after acquiring an additional 387,785 shares during the period. Wellington Management Group LLP’s holdings in Aramark were worth $30,865,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in ARMK. BlackRock Inc. bought a new stake in shares of Aramark in the 2nd quarter worth approximately $1,411,586,000. Jupiter Topco LLC acquired a new stake in Aramark in the second quarter worth $1,041,407,000. AQR Capital Management LLC increased its position in Aramark by 163.1% in the fourth 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. Milford Funds Ltd. bought a new stake in Aramark in the fourth quarter valued at $181,204,000. Finally, Norges Bank acquired a new position in shares of Aramark during the fourth quarter valued at $128,738,000.

Analyst Upgrades and Downgrades

ARMK has been the subject of a number of analyst reports. Morgan Stanley set a $63.00 target price on shares of Aramark in a research note on Tuesday, August 11th. Bank of America lifted their target price on Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Weiss Ratings lowered Aramark from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $74.00 price target on shares of Aramark in a research note on Wednesday, August 12th. 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. Twelve analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.14.

Aramark Stock Performance

ARMK opened at $56.78 on Friday. The business has a 50 day moving average price of $57.71 and a two-hundred day moving average price of $50.23. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.28 and a quick ratio of 1.14. The company has a market capitalization of $14.97 billion, a price-to-earnings ratio of 39.71, a price-to-earnings-growth ratio of 1.01 and a beta of 1.12. Aramark has a 1-year low of $35.07 and a 1-year high of $62.65.

Aramark (NYSE:ARMK) last issued 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 company had revenue of $5.06 billion for the quarter, compared to analysts’ expectations of $4.94 billion. Aramark had a return on equity of 17.68% and a net margin of 1.93%.The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the firm earned $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 EPS for the current fiscal year.

Aramark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be given a $0.12 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $0.48 annualized dividend and a yield of 0.8%. Aramark’s payout ratio is 33.57%.

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.