Leeward Investments LLC MA Trims Stock Holdings in Aramark $ARMK

Leeward Investments LLC MA lowered its stake in shares of Aramark (NYSE:ARMK) by 3.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 278,390 shares of the company’s stock after selling 9,644 shares during the period. Leeward Investments LLC MA owned 0.11% of Aramark worth $11,286,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ARMK. Outlook Wealth Advisors LLC acquired a new stake in shares of Aramark during the 1st quarter worth about $680,000. Corient Private Wealth LLC lifted its stake in shares of Aramark by 16.0% during the fourth quarter. Corient Private Wealth LLC now owns 10,281 shares of the company’s stock valued at $379,000 after buying an additional 1,418 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Aramark by 413.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,807 shares of the company’s stock valued at $140,000 after buying an additional 3,065 shares during the period. Compound Planning Inc. acquired a new stake in Aramark during the fourth quarter worth approximately $372,000. Finally, Invesco Ltd. grew its stake in Aramark by 12.6% in the 4th quarter. Invesco Ltd. now owns 2,114,597 shares of the company’s stock worth $77,944,000 after acquiring an additional 236,226 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ARMK. JPMorgan Chase & Co. increased their price target on Aramark from $49.00 to $55.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. UBS Group lifted their price objective on Aramark from $48.00 to $56.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Bank of America increased their price objective on shares of Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Royal Bank Of Canada raised their target price on shares of Aramark from $47.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Finally, Morgan Stanley upped their price target 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. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $56.96.

Aramark Price Performance

ARMK stock opened at $53.88 on Wednesday. The company has a market cap of $14.17 billion, a PE ratio of 40.21, a price-to-earnings-growth ratio of 1.10 and a beta of 1.12. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85. The stock has a 50-day moving average price of $49.97 and a two-hundred day moving average price of $43.14. Aramark has a 12-month low of $35.07 and a 12-month high of $54.93.

Aramark (NYSE:ARMK) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. Aramark had a return on equity of 17.05% and a net margin of 1.84%.The business had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.75 billion. During the same period in the previous year, the company posted $0.35 EPS. The company’s revenue was up 14.7% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, research analysts predict that Aramark will post 2.24 EPS for the current year.

Aramark Announces Dividend

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. This represents a $0.48 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, May 20th. Aramark’s payout ratio is 35.82%.

Aramark 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.