Waddell & Associates LLC Makes New Investment in Aramark $ARMK

Waddell & Associates LLC bought a new stake in Aramark (NYSE:ARMK) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,725 shares of the company’s stock, valued at approximately $358,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ARMK. Activest Wealth Management bought a new stake in shares of Aramark in the fourth quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Aramark in the third quarter valued at approximately $28,000. Quarry LP bought a new stake in shares of Aramark in the third quarter valued at approximately $35,000. Osterweis Capital Management Inc. bought a new stake in shares of Aramark in the second quarter valued at approximately $40,000. Finally, Torren Management LLC bought a new stake in shares of Aramark in the fourth quarter valued at approximately $43,000.

Wall Street Analyst Weigh In

ARMK has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $54.00 target price on shares of Aramark in a research note on Wednesday, May 13th. UBS Group upped their target price on Aramark from $48.00 to $56.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Truist Financial upped their target price on Aramark from $50.00 to $58.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Citigroup restated a “buy” rating on shares of Aramark in a research note on Monday, May 18th. Finally, Robert W. Baird upped their target price on Aramark from $50.00 to $58.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $54.50.

Aramark Stock Performance

NYSE ARMK opened at $53.81 on Wednesday. The company has a market capitalization of $14.15 billion, a price-to-earnings ratio of 40.16, a PEG ratio of 1.09 and a beta of 1.12. Aramark has a twelve month low of $35.07 and a twelve month high of $54.57. The stock has a fifty day simple moving average of $47.65 and a 200 day simple moving average of $41.98. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 1.85.

Aramark (NYSE:ARMK) last posted 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. The business had revenue of $4.91 billion during the quarter, compared to the consensus estimate of $4.75 billion. Aramark had a return on equity of 17.05% and a net margin of 1.84%.Aramark’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.35 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Sell-side analysts expect that Aramark will post 2.24 EPS for the current year.

Aramark Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were paid a $0.12 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.48 annualized dividend and a dividend yield of 0.9%. Aramark’s dividend payout ratio (DPR) is currently 35.82%.

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.