Danica Pension Livsforsikringsaktieselskab Sells 147,695 Shares of Aramark $ARMK

Danica Pension Livsforsikringsaktieselskab trimmed its holdings in shares of Aramark (NYSE:ARMK) by 54.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 124,260 shares of the company’s stock after selling 147,695 shares during the period. Danica Pension Livsforsikringsaktieselskab’s holdings in Aramark were worth $5,038,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Oak Thistle LLC lifted its stake in Aramark by 428.2% during the fourth quarter. Oak Thistle LLC now owns 56,069 shares of the company’s stock worth $2,067,000 after purchasing an additional 45,453 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Aramark by 4.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,558,199 shares of the company’s stock valued at $103,709,000 after purchasing an additional 114,662 shares during the period. CWM LLC raised its holdings in shares of Aramark by 236.6% in the 4th quarter. CWM LLC now owns 199,751 shares of the company’s stock worth $7,363,000 after buying an additional 140,401 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Aramark by 1,642.8% in the 4th quarter. SG Americas Securities LLC now owns 91,254 shares of the company’s stock worth $3,364,000 after buying an additional 86,018 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Aramark by 47.5% during the 4th quarter. UBS Group AG now owns 2,002,903 shares of the company’s stock worth $73,827,000 after buying an additional 644,731 shares during the period.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $65.00 price target on shares of Aramark in a research note on Monday, June 29th. Royal Bank Of Canada lifted their price objective on Aramark from $47.00 to $55.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. The Goldman Sachs Group restated a “buy” rating and issued a $51.00 target price on shares of Aramark in a research note on Wednesday, May 13th. Bank of America increased their target price on shares of Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Aramark in a report on Wednesday, July 8th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Aramark currently has a consensus rating of “Moderate Buy” and an average price target of $59.21.

Aramark Trading Up 1.1%

ARMK stock opened at $56.72 on Thursday. The business has a fifty day moving average price of $54.58 and a 200 day moving average price of $45.95. Aramark has a fifty-two week low of $35.07 and a fifty-two week high of $58.68. The stock has a market capitalization of $14.92 billion, a price-to-earnings ratio of 42.33, a P/E/G ratio of 1.07 and a beta of 1.11. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.21 and a quick ratio of 1.07.

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

Aramark Announces Dividend

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. 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 0.8%. Aramark’s dividend payout ratio is currently 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.