Outlook Wealth Advisors LLC Makes New $680,000 Investment in Aramark $ARMK

Outlook Wealth Advisors LLC acquired a new stake in shares of Aramark (NYSE:ARMK) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 16,769 shares of the company’s stock, valued at approximately $680,000.

Several other large investors have also recently modified their holdings of ARMK. Corient Private Wealth LLC grew its position in Aramark by 16.0% during the 4th quarter. Corient Private Wealth LLC now owns 10,281 shares of the company’s stock worth $379,000 after acquiring an additional 1,418 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Aramark by 413.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,807 shares of the company’s stock valued at $140,000 after purchasing an additional 3,065 shares during the period. Compound Planning Inc. purchased a new stake in shares of Aramark during the fourth quarter valued at approximately $372,000. Invesco Ltd. grew its holdings in shares of Aramark by 12.6% in the fourth quarter. Invesco Ltd. now owns 2,114,597 shares of the company’s stock worth $77,944,000 after purchasing an additional 236,226 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of Aramark by 155.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 90,641 shares of the company’s stock worth $3,341,000 after buying an additional 55,144 shares during the period.

Wall Street Analyst Weigh In

A number of research firms recently commented on ARMK. Bank of America upped their price target on shares of Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. UBS Group boosted their price objective on shares of Aramark from $48.00 to $56.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $54.00 price objective on shares of Aramark in a research note on Wednesday, May 13th. Citigroup increased their target price on shares of Aramark from $63.00 to $70.50 and gave the stock a “buy” rating in a report on Monday. Finally, Morgan Stanley raised their target price on Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 13th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $56.96.

Aramark Stock Performance

NYSE:ARMK opened at $53.53 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 1.85. The firm’s fifty day simple moving average is $49.75 and its 200 day simple moving average is $43.03. The stock has a market cap of $14.08 billion, a P/E ratio of 39.95, a price-to-earnings-growth ratio of 1.10 and a beta of 1.12. Aramark has a twelve month low of $35.07 and a twelve month high of $54.93.

Aramark (NYSE:ARMK) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. Aramark had a net margin of 1.84% and a return on equity of 17.05%. The business had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.75 billion. During the same period in the prior year, the business earned $0.35 EPS. The company’s revenue for the quarter 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 predict that Aramark will post 2.24 EPS for the current year.

Aramark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, May 20th. Aramark’s payout ratio is presently 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.