97,222 Shares in Aramark $ARMK Acquired by ING Groep NV

ING Groep NV bought a new stake in Aramark (NYSE:ARMK) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 97,222 shares of the company’s stock, valued at approximately $3,733,000.

Other hedge funds also recently bought and sold shares of the company. Krilogy Financial LLC acquired a new position in shares of Aramark in the 3rd quarter valued at $464,000. Baader Bank Aktiengesellschaft bought a new position in Aramark during the third quarter worth about $366,000. Profund Advisors LLC grew its stake in Aramark by 11.1% in the third quarter. Profund Advisors LLC now owns 5,861 shares of the company’s stock valued at $225,000 after acquiring an additional 585 shares during the period. AdvisorShares Investments LLC increased its holdings in shares of Aramark by 105.5% in the third quarter. AdvisorShares Investments LLC now owns 3,895 shares of the company’s stock worth $150,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Savant Capital LLC acquired a new stake in shares of Aramark during the third quarter worth about $405,000.

Wall Street Analysts Forecast Growth

ARMK has been the subject of several research analyst reports. Morgan Stanley set a $45.00 price objective on Aramark in a research report on Tuesday. Citigroup lifted their price target on shares of Aramark from $49.00 to $51.00 and gave the company a “buy” rating in a research note on Thursday. Stifel Nicolaus increased their price objective on shares of Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a research report on Monday, December 29th. Finally, UBS Group set a $47.00 target price on shares of Aramark and gave the stock a “buy” rating in a research note on Wednesday. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.83.

Aramark Price Performance

NYSE ARMK opened at $39.18 on Friday. The firm’s 50 day moving average is $38.33 and its 200-day moving average is $38.67. The company has a quick ratio of 0.88, a current ratio of 1.27 and a debt-to-equity ratio of 1.94. The company has a market capitalization of $10.30 billion, a PE ratio of 32.93, a price-to-earnings-growth ratio of 1.37 and a beta of 1.09. Aramark has a 12-month low of $29.92 and a 12-month high of $44.49.

Aramark (NYSE:ARMK) last released its earnings results on Tuesday, February 10th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. Aramark had a net margin of 1.69% and a return on equity of 16.15%. The business had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.76 billion. During the same quarter last year, the firm earned $0.51 earnings per share. The firm’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. Equities research analysts anticipate that Aramark will post 1.92 earnings per share for the current fiscal year.

Aramark Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th will be given a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. Aramark’s payout ratio is currently 39.34%.

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.