Fiduciary Management Inc. WI Lowers Position in Aramark $ARMK

Fiduciary Management Inc. WI reduced its position in Aramark (NYSE:ARMK) by 7.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 11,476,736 shares of the company’s stock after selling 893,505 shares during the quarter. Aramark comprises 4.7% of Fiduciary Management Inc. WI’s investment portfolio, making the stock its largest holding. Fiduciary Management Inc. WI’s holdings in Aramark were worth $423,032,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of ARMK. Norges Bank bought a new stake in shares of Aramark in the 4th quarter valued at about $128,738,000. Junto Capital Management LP bought a new stake in shares of Aramark in the 3rd quarter valued at about $132,157,000. Cooke & Bieler LP bought a new stake in shares of Aramark in the 4th quarter valued at about $118,110,000. Pinebridge Investments LLC bought a new stake in shares of Aramark in the 4th quarter valued at about $97,780,000. Finally, AQR Capital Management LLC boosted its holdings in shares of Aramark by 281.1% in the 3rd quarter. AQR Capital Management LLC now owns 3,367,964 shares of the company’s stock valued at $129,296,000 after buying an additional 2,484,319 shares in the last quarter.

Aramark Stock Performance

Shares of Aramark stock opened at $53.45 on Friday. The firm has a market capitalization of $14.05 billion, a P/E ratio of 39.89, a PEG ratio of 1.10 and a beta of 1.12. 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 50 day moving average price of $47.12 and a 200 day moving average price of $41.71. Aramark has a 52 week low of $35.07 and a 52 week high of $54.57.

Aramark (NYSE:ARMK) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Aramark had a net margin of 1.84% and a return on equity of 17.05%. The company had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.75 billion. During the same period last year, the firm posted $0.35 EPS. Aramark’s revenue for the quarter was up 14.7% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Sell-side 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 was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.48 dividend on an annualized basis and a yield of 0.9%. Aramark’s dividend payout ratio (DPR) is currently 35.82%.

Analyst Ratings Changes

A number of analysts have recently weighed in on ARMK shares. Oppenheimer raised their price target on shares of Aramark from $43.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, March 25th. Bank of America increased their price objective on shares of Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Truist Financial increased their price objective on shares of Aramark from $50.00 to $58.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Morgan Stanley increased their price objective on shares of Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Finally, Royal Bank Of Canada increased their price objective on shares of Aramark from $47.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $54.50.

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.