17,600 Shares in Aramark $ARMK Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems acquired 17,600 Aramark shares worth approximately $1.0 million in the second quarter. Other institutional investors also increased their positions, including California State Teachers Retirement System, which expanded its stake by more than 5,500%.
• Aramark reported quarterly earnings of $0.52 per share, exceeding estimates of $0.48, while revenue rose 9.3% year over year to $5.06 billion. The company issued fiscal 2026 EPS guidance of $2.18–$2.28.
• Analysts remain broadly positive, with 12 Buy ratings and two Holds, an overall “Moderate Buy” rating, and an average price target of $69.14 versus the stock’s reported $58.53 price. Aramark also pays a $0.12 quarterly dividend, equal to a 0.8% annualized yield.

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Aramark (NYSE:ARMK - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,600 shares of the company's stock, valued at approximately $1,001,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ARMK. California State Teachers Retirement System increased its position in shares of Aramark by 5,568.3% during the 2nd quarter. California State Teachers Retirement System now owns 17,315,296 shares of the company's stock valued at $985,240,000 after purchasing an additional 17,009,819 shares during the period. AlphaGrep UK Ltd acquired a new stake in shares of Aramark in the second quarter valued at $216,000. TD Waterhouse Canada Inc. boosted its stake in Aramark by 88.0% during the second quarter. TD Waterhouse Canada Inc. now owns 1,880 shares of the company's stock valued at $106,000 after buying an additional 880 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in Aramark by 16.2% during the second quarter. Concurrent Investment Advisors LLC now owns 6,806 shares of the company's stock valued at $387,000 after buying an additional 947 shares in the last quarter. Finally, AXQ Capital LP grew its holdings in Aramark by 28.2% during the second quarter. AXQ Capital LP now owns 25,403 shares of the company's stock worth $1,445,000 after acquiring an additional 5,585 shares during the period.

Aramark Trading Down 0.0%

Shares of NYSE ARMK opened at $58.53 on Monday. The company has a quick ratio of 1.14, a current ratio of 1.28 and a debt-to-equity ratio of 1.80. Aramark has a 12 month low of $35.07 and a 12 month high of $62.65. The company has a market cap of $15.43 billion, a price-to-earnings ratio of 40.93, a P/E/G ratio of 1.03 and a beta of 1.12. The business has a fifty day simple moving average of $57.80 and a 200-day simple moving average of $50.91.

Aramark (NYSE:ARMK - Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.04. Aramark had a return on equity of 17.68% and a net margin of 1.93%.The firm had revenue of $5.06 billion for the quarter, compared to analysts' expectations of $4.94 billion. During the same quarter last year, the business posted $0.40 EPS. Aramark's revenue was up 9.3% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Sell-side analysts predict that Aramark will post 2.27 EPS for the current year.

Aramark Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts have commented on ARMK shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $74.00 price target on shares of Aramark in a research report on Wednesday, August 12th. New Street Research set a $70.00 price objective on shares of Aramark in a research note on Thursday, August 13th. JPMorgan Chase & Co. boosted their target price on shares of Aramark from $55.00 to $70.00 and gave the stock an "overweight" rating in a report on Thursday, August 13th. Morgan Stanley set a $63.00 target price on shares of Aramark in a research note on Tuesday, August 11th. Finally, Weiss Ratings upgraded shares of Aramark from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday. Twelve research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Aramark has an average rating of "Moderate Buy" and an average target price of $69.14.

About Aramark

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.

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