Aramark $ARMK Stock Sold by Cooke & Bieler LP

Key Points

• Cooke & Bieler LP reduced its Aramark stake by 27.4% in the third quarter, selling 639,316 shares and retaining 1.69 million shares valued at approximately $90.5 million.
• Aramark reported quarterly EPS of $0.52, exceeding estimates of $0.48, while revenue rose 9.3% year over year to $5.06 billion. The company provided fiscal 2026 EPS guidance of $2.18–$2.28.
• The company pays a quarterly dividend of $0.12, representing a 0.9% annualized yield. Analysts maintain a consensus “Buy” rating with an average price target of $69.25, above the reported share price of $55.72.

Cooke & Bieler LP decreased its holdings in Aramark (NYSE:ARMK - Free Report) by 27.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,690,085 shares of the company's stock after selling 639,316 shares during the period. Cooke & Bieler LP owned approximately 0.64% of Aramark worth $90,504,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ARMK. Cedar Mountain Advisors LLC acquired a new position in shares of Aramark during the 1st quarter worth approximately $32,000. Elevation Wealth Partners LLC increased its holdings in shares of Aramark by 2,842.9% in the second quarter. Elevation Wealth Partners LLC now owns 618 shares of the company's stock valued at $35,000 after purchasing an additional 597 shares during the last quarter. CX Institutional increased its holdings in shares of Aramark by 76.1% in the third quarter. CX Institutional now owns 694 shares of the company's stock valued at $37,000 after purchasing an additional 300 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Aramark in the second quarter valued at approximately $46,000. Finally, Parallel Advisors LLC lifted its position in Aramark by 67.7% during the first quarter. Parallel Advisors LLC now owns 1,749 shares of the company's stock worth $71,000 after buying an additional 706 shares in the last quarter.

Aramark Stock Down 0.7%

Shares of NYSE ARMK opened at $55.72 on Thursday. The company has a 50 day simple moving average of $56.95 and a 200-day simple moving average of $53.87. The company has a market capitalization of $14.69 billion, a P/E ratio of 25.98, a P/E/G ratio of 0.81 and a beta of 1.12. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.28 and a quick ratio of 1.14. Aramark has a 1 year low of $35.07 and a 1 year high of $62.65.

Aramark (NYSE:ARMK - Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. The firm had revenue of $5.06 billion for 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 firm's quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.40 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities research analysts predict that Aramark will post 2.27 earnings per share for the current year.

Aramark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 19th. Aramark's payout ratio is 33.57%.

Analyst Upgrades and Downgrades

ARMK has been the topic of a number of recent research reports. Royal Bank Of Canada boosted their price objective on Aramark from $60.00 to $70.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 19th. Morgan Stanley set a $63.00 target price on Aramark in a report on Tuesday, August 11th. Jefferies Financial Group raised their target price on Aramark from $62.00 to $70.00 and gave the stock a "buy" rating in a research note on Wednesday, August 12th. Zacks Research upgraded Aramark from a "hold" rating to a "strong-buy" rating in a report on Monday, October 5th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Aramark from $55.00 to $70.00 and gave the company an "overweight" rating in a research report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $69.25.

Aramark Profile

Aramark NYSE: ARMK is a global provider of food services and facilities management. The company serves businesses, schools and universities, hospitals, sports and entertainment venues, correctional facilities, and other organizations through contracted service arrangements.

Aramark's food services include dining programs, catering, concessions, retail food operations, and hospitality services. Its facilities management activities include building operations, housekeeping, custodial services, maintenance, energy management, and related workplace support.

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