Junto Capital Management LP Decreases Position in Aramark $ARMK

Junto Capital Management LP lowered its stake in shares of Aramark (NYSE:ARMK) by 44.1% during the second quarter, Holdings Channel reports. The fund owned 1,847,824 shares of the company’s stock after selling 1,456,535 shares during the period. Aramark comprises 1.9% of Junto Capital Management LP’s investment portfolio, making the stock its 16th largest position. Junto Capital Management LP’s holdings in Aramark were worth $105,141,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of ARMK. Capital International Investors raised its holdings in shares of Aramark by 1.0% in the 4th quarter. Capital International Investors now owns 24,894,503 shares of the company’s stock valued at $917,789,000 after purchasing an additional 247,594 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Aramark during the second quarter worth $1,411,586,000. Jupiter Topco LLC acquired a new position in shares of Aramark during the second quarter worth $1,041,407,000. Janus Henderson Group PLC increased its holdings in Aramark by 0.7% in the fourth quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock valued at $670,702,000 after buying an additional 128,199 shares during the last quarter. Finally, California State Teachers Retirement System raised its stake in Aramark by 5,568.3% in the second quarter. California State Teachers Retirement System now owns 17,315,296 shares of the company’s stock valued at $985,240,000 after buying an additional 17,009,819 shares in the last quarter.

Aramark Stock Performance

Shares of ARMK stock opened at $56.86 on Thursday. The stock’s 50-day moving average is $57.75 and its two-hundred day moving average is $50.67. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.14 and a current ratio of 1.28. Aramark has a 1 year low of $35.07 and a 1 year high of $62.65. The firm has a market cap of $14.99 billion, a price-to-earnings ratio of 39.76, a PEG ratio of 1.01 and a beta of 1.12.

Aramark (NYSE:ARMK) last posted its earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.04. The business had revenue of $5.06 billion during the quarter, compared to the consensus estimate of $4.94 billion. Aramark had a return on equity of 17.68% and a net margin of 1.93%.The business’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.40 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Analysts predict that Aramark will post 2.27 earnings per share for the current year.

Aramark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were paid a $0.12 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $0.48 dividend on an annualized basis and a yield of 0.8%. Aramark’s payout ratio is currently 33.57%.

Analyst Ratings Changes

ARMK has been the subject of several analyst reports. Bank of America upped their price objective on Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. New Street Research set a $70.00 target price on Aramark in a research report on Thursday, August 13th. Royal Bank Of Canada boosted their target price on Aramark from $60.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $70.00 price target on shares of Aramark in a report on Wednesday, August 12th. Finally, Robert W. Baird increased their price target on shares of Aramark from $63.00 to $69.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. Twelve research 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 an average rating of “Moderate Buy” and a consensus target price of $69.14.

Aramark Company Profile

Aramark (NYSE: ARMK) is a global provider of food services and facilities management solutions. The company serves organizations across education, healthcare, business and industry, sports and leisure, corrections, and other institutional markets.

Its food services include dining operations, catering, concessions, hospitality, and culinary programs. Aramark also provides facilities services such as housekeeping, plant operations, maintenance, workplace services, and related support programs designed to help clients manage their physical environments.

Headquartered in Philadelphia, Aramark serves customers in the United States and internationally.