Algert Global LLC Buys New Stake in Aramark $ARMK

Key Points

• Algert Global LLC initiated a position in Aramark during the second quarter, purchasing 282,840 shares valued at approximately $16.1 million, or about 0.11% of the company.
• Aramark exceeded quarterly expectations with adjusted earnings of $0.52 per share versus the $0.48 consensus estimate and revenue of $5.06 billion, up 9.3% year over year. The company maintained fiscal 2026 EPS guidance of $2.18–$2.28.
• Analysts remain positive, with a consensus “Moderate Buy” rating and an average price target of $69.14, while Aramark declared a quarterly dividend of $0.12 per share, equivalent to a 0.8% annual yield.

Algert Global LLC purchased a new position in Aramark (NYSE:ARMK - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 282,840 shares of the company's stock, valued at approximately $16,094,000. Algert Global LLC owned approximately 0.11% of Aramark as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in ARMK. Goldman Sachs Group Inc. grew its position in Aramark by 38.2% in the first quarter. Goldman Sachs Group Inc. now owns 489,646 shares of the company's stock valued at $16,903,000 after acquiring an additional 135,224 shares during the period. Creative Planning boosted its stake in shares of Aramark by 36.0% in the 2nd quarter. Creative Planning now owns 9,918 shares of the company's stock valued at $415,000 after purchasing an additional 2,625 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Aramark by 7.4% in the 2nd quarter. Cetera Investment Advisers now owns 8,294 shares of the company's stock worth $347,000 after purchasing an additional 573 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Aramark in the 2nd quarter worth about $640,000. Finally, Cerity Partners LLC increased its position in shares of Aramark by 61.5% during the 2nd quarter. Cerity Partners LLC now owns 16,097 shares of the company's stock worth $674,000 after purchasing an additional 6,127 shares in the last quarter.

Aramark Price Performance

Aramark stock opened at $59.32 on Tuesday. The business's 50-day simple moving average is $57.06 and its 200 day simple moving average is $49.15. The stock has a market cap of $15.64 billion, a price-to-earnings ratio of 41.49, a P/E/G ratio of 1.05 and a beta of 1.12. Aramark has a 12-month low of $35.07 and a 12-month high of $62.65. 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 (NYSE:ARMK - Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. The firm had revenue of $5.06 billion during the quarter, compared to analysts' expectations of $4.94 billion. Aramark had a return on equity of 17.68% and a net margin of 1.93%.The company's quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.40 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, research analysts anticipate that Aramark will post 2.27 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. Investors of record on Wednesday, August 19th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, August 19th. Aramark's dividend payout ratio is currently 33.57%.

Analysts Set New Price Targets

A number of research firms recently commented on ARMK. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $74.00 price target on shares of Aramark in a research report on Wednesday, August 12th. Citigroup boosted their price objective on Aramark from $70.50 to $74.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. Truist Financial increased their target price on Aramark from $58.00 to $70.00 and gave the stock a "buy" rating in a report on Monday, July 27th. JPMorgan Chase & Co. lifted their price target on Aramark from $55.00 to $70.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. Finally, UBS Group upped their price target on shares of Aramark from $67.00 to $71.00 and gave the stock a "buy" rating in a research report on Wednesday, August 12th. Twelve analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $69.14.

Aramark Company 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.

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