17,274 Shares in Aramark $ARMK Bought by Moody National Bank Trust Division

Moody National Bank Trust Division bought a new stake in Aramark (NYSE:ARMK) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 17,274 shares of the company’s stock, valued at approximately $983,000.

A number of other large investors have also added to or reduced their stakes in the company. Henshaw Capital LLC grew its position in shares of Aramark by 0.3% in the 1st quarter. Henshaw Capital LLC now owns 76,923 shares of the company’s stock worth $3,118,000 after buying an additional 225 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its position in Aramark by 5.6% during the first quarter. Fifth Third Wealth Advisors LLC now owns 6,444 shares of the company’s stock valued at $261,000 after acquiring an additional 339 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in Aramark by 55.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,152 shares of the company’s stock valued at $42,000 after acquiring an additional 410 shares in the last quarter. Procyon Advisors LLC grew its holdings in Aramark by 5.3% in the first quarter. Procyon Advisors LLC now owns 10,590 shares of the company’s stock worth $429,000 after purchasing an additional 532 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Aramark by 7.4% during the second quarter. Cetera Investment Advisers now owns 8,294 shares of the company’s stock worth $347,000 after purchasing an additional 573 shares in the last quarter.

Analyst Ratings Changes

A number of analysts have recently weighed in on ARMK shares. Robert W. Baird set a $63.00 price objective on Aramark in a research report on Friday, July 24th. Truist Financial increased their price target on Aramark from $58.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Morgan Stanley raised their price target on Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 13th. The Goldman Sachs Group restated a “buy” rating and set a $51.00 price objective on shares of Aramark in a report on Wednesday, May 13th. Finally, Stifel Nicolaus increased their price objective on shares of Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $60.62.

Aramark Stock Performance

Shares of ARMK stock opened at $56.84 on Thursday. The business has a fifty day moving average of $55.56 and a 200 day moving average of $47.26. Aramark has a 1 year low of $35.07 and a 1 year high of $58.68. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.21 and a quick ratio of 1.07. The firm has a market capitalization of $14.95 billion, a price-to-earnings ratio of 42.42, a price-to-earnings-growth ratio of 1.07 and a beta of 1.12.

Aramark (NYSE:ARMK) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, beating 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 business had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.75 billion. During the same period in the prior year, the company earned $0.35 earnings per share. The company’s revenue was up 14.7% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, research analysts expect that Aramark will post 2.24 earnings per share for the current year.

Aramark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, August 19th. Aramark’s dividend payout ratio is 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.