Junto Capital Management LP Invests $132.16 Million in Aramark $ARMK

Junto Capital Management LP acquired a new stake in shares of Aramark (NYSE:ARMK) in the third quarter, HoldingsChannel reports. The fund acquired 3,441,600 shares of the company’s stock, valued at approximately $132,157,000. Aramark makes up about 2.7% of Junto Capital Management LP’s investment portfolio, making the stock its 8th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of ARMK. Gotham Asset Management LLC boosted its stake in Aramark by 151.9% in the third quarter. Gotham Asset Management LLC now owns 171,274 shares of the company’s stock valued at $6,577,000 after acquiring an additional 103,271 shares during the period. Bridgefront Capital LLC boosted its position in Aramark by 250.7% during the 3rd quarter. Bridgefront Capital LLC now owns 36,006 shares of the company’s stock valued at $1,383,000 after purchasing an additional 25,738 shares during the period. California Public Employees Retirement System grew its stake in Aramark by 7.9% during the 3rd quarter. California Public Employees Retirement System now owns 502,160 shares of the company’s stock worth $19,283,000 after buying an additional 36,937 shares during the last quarter. Bank of America Corp DE lifted its stake in Aramark by 76.0% in the third quarter. Bank of America Corp DE now owns 2,487,816 shares of the company’s stock valued at $95,532,000 after buying an additional 1,074,609 shares during the last quarter. Finally, Boothbay Fund Management LLC acquired a new position in shares of Aramark during the third quarter valued at $502,000.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ARMK. Citigroup increased their price objective on shares of Aramark from $49.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Robert W. Baird set a $50.00 target price on shares of Aramark in a research report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. Morgan Stanley set a $45.00 price objective on Aramark in a research report on Tuesday, February 10th. Finally, UBS Group set a $47.00 target price on Aramark and gave the company a “buy” rating in a research report on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Aramark presently has a consensus rating of “Moderate Buy” and a consensus target price of $48.38.

Aramark Price Performance

Shares of NYSE:ARMK opened at $40.00 on Monday. The stock has a market cap of $10.51 billion, a price-to-earnings ratio of 33.61, a PEG ratio of 0.97 and a beta of 1.06. 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 has a 12 month low of $29.92 and a 12 month high of $44.49. The stock’s 50 day moving average price is $39.57 and its 200 day moving average price is $38.64.

Aramark (NYSE:ARMK) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.51 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.76 billion. During the same period last year, the company posted $0.51 EPS. The firm’s quarterly revenue was up 6.1% on a year-over-year basis. 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 firm also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th were given a $0.12 dividend. The ex-dividend date was Wednesday, February 18th. This represents a $0.48 annualized dividend and a yield of 1.2%. Aramark’s payout ratio is 40.34%.

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.