Y Intercept Hong Kong Ltd Makes New Investment in Aramark $ARMK

Y Intercept Hong Kong Ltd bought a new position in Aramark (NYSE:ARMK) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,592 shares of the company’s stock, valued at approximately $470,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Activest Wealth Management bought a new stake in Aramark during the fourth quarter valued at $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Aramark during the third quarter worth $28,000. Kestra Advisory Services LLC bought a new position in shares of Aramark in the 4th quarter worth about $32,000. Quarry LP acquired a new position in shares of Aramark in the 3rd quarter valued at about $35,000. Finally, Osterweis Capital Management Inc. bought a new stake in shares of Aramark during the 2nd quarter valued at about $40,000.

Analyst Ratings Changes

A number of brokerages have issued reports on ARMK. 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 report on Thursday, May 14th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $51.00 target price on shares of Aramark in a report on Wednesday, May 13th. Bank of America raised their price target on Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Robert W. Baird increased their target price on Aramark from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Stifel Nicolaus raised their target price on Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $59.21.

Aramark Price Performance

Shares of NYSE:ARMK opened at $58.00 on Wednesday. The company has a market capitalization of $15.25 billion, a PE ratio of 43.28, a price-to-earnings-growth ratio of 1.10 and a beta of 1.11. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.07 and a current ratio of 1.21. The stock has a fifty day moving average of $53.38 and a 200-day moving average of $45.13. Aramark has a one year low of $35.07 and a one year high of $58.68.

Aramark (NYSE:ARMK) last announced its 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 return on equity of 17.05% and a net margin of 1.84%.The company 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 firm earned $0.35 earnings per share. 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. As a group, equities analysts anticipate that Aramark will post 2.24 EPS for the current fiscal year.

Aramark Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, May 20th. Aramark’s payout ratio is presently 35.82%.

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.