Great Lakes Advisors LLC Has $4.76 Million Stock Position in Aramark $ARMK

Great Lakes Advisors LLC grew its position in Aramark (NYSE:ARMK) by 33.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 123,841 shares of the company’s stock after purchasing an additional 30,815 shares during the period. Great Lakes Advisors LLC’s holdings in Aramark were worth $4,755,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ARMK. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Aramark in the 3rd quarter valued at approximately $132,000. Y Intercept Hong Kong Ltd acquired a new stake in Aramark in the third quarter valued at approximately $954,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in Aramark by 71.3% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 55,266 shares of the company’s stock valued at $2,122,000 after acquiring an additional 23,011 shares during the last quarter. Jackson Thornton Wealth Management LLC bought a new stake in Aramark in the third quarter worth approximately $209,000. Finally, NorthCrest Asset Manangement LLC acquired a new position in shares of Aramark during the 3rd quarter worth $245,000.

Analyst Ratings Changes

Several research firms recently issued reports on ARMK. Citigroup lifted their price objective on shares of Aramark from $46.50 to $49.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. UBS Group restated a “buy” rating on shares of Aramark in a report on Tuesday, January 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aramark in a research note on Monday, December 29th. Morgan Stanley increased their price objective on Aramark from $43.00 to $44.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Finally, Stifel Nicolaus set a $44.00 target price on Aramark in a report on Monday, November 17th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $45.83.

Aramark Stock Performance

ARMK opened at $38.45 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The stock’s 50 day moving average price is $38.00 and its two-hundred day moving average price is $38.93. The firm has a market capitalization of $10.11 billion, a P/E ratio of 31.52, a price-to-earnings-growth ratio of 1.28 and a beta of 1.11. Aramark has a 12-month low of $29.92 and a 12-month high of $44.49.

Aramark (NYSE:ARMK) last issued its quarterly earnings results on Monday, November 17th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). The business had revenue of $5.05 billion for the quarter, compared to analyst estimates of $5.16 billion. Aramark had a return on equity of 16.39% and a net margin of 1.76%.The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.54 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. On average, equities analysts forecast that Aramark will post 1.92 earnings per share for the current year.

Aramark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Friday, December 5th were given a $0.12 dividend. The ex-dividend date was Friday, December 5th. This represents a $0.48 annualized dividend and a yield of 1.2%. This is a positive change from Aramark’s previous quarterly dividend of $0.11. Aramark’s dividend payout ratio (DPR) is 39.34%.

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.