Eurizon Capital SGR S.p.A. Invests $4.10 Million in Aramark $ARMK

Eurizon Capital SGR S.p.A. purchased a new position in Aramark (NYSE:ARMK) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 111,301 shares of the company’s stock, valued at approximately $4,104,000.

Several other institutional investors have also recently made changes to their positions in ARMK. Goldman Sachs Group Inc. increased its holdings in shares of Aramark by 38.2% in the first quarter. Goldman Sachs Group Inc. now owns 489,646 shares of the company’s stock worth $16,903,000 after purchasing an additional 135,224 shares during the period. Creative Planning increased its holdings in shares of Aramark by 36.0% in the second quarter. Creative Planning now owns 9,918 shares of the company’s stock worth $415,000 after purchasing an additional 2,625 shares during the period. Cetera Investment Advisers increased its holdings in shares of Aramark by 7.4% in the second quarter. Cetera Investment Advisers now owns 8,294 shares of the company’s stock worth $347,000 after purchasing an additional 573 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in shares of Aramark in the second quarter worth $640,000. Finally, Cerity Partners LLC increased its holdings in shares of Aramark by 61.5% in the second quarter. Cerity Partners LLC now owns 16,097 shares of the company’s stock worth $674,000 after purchasing an additional 6,127 shares during the period.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Morgan Stanley upped their target price on shares of Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 13th. UBS Group upped their target price on shares of Aramark from $48.00 to $56.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $51.00 target price on shares of Aramark in a research report on Wednesday, May 13th. Truist Financial upped their target price on shares of Aramark from $50.00 to $58.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $54.00 target price on shares of Aramark in a research report on Wednesday, May 13th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.25.

Aramark Stock Performance

Aramark stock opened at $54.30 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 1.85. The company has a market capitalization of $14.28 billion, a PE ratio of 40.52, a P/E/G ratio of 1.10 and a beta of 1.12. The firm has a fifty day simple moving average of $46.05 and a two-hundred day simple moving average of $41.30. Aramark has a twelve month low of $35.07 and a twelve month high of $54.42.

Aramark (NYSE:ARMK) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The business had revenue of $4.91 billion during 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 revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.35 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Research analysts expect that Aramark will post 2.24 EPS for the current year.

Aramark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $0.48 annualized dividend and a yield of 0.9%. Aramark’s payout ratio 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.