Callan Family Office LLC Purchases Shares of 36,287 Aramark $ARMK

Callan Family Office LLC acquired a new stake in Aramark (NYSE:ARMK - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 36,287 shares of the company's stock, valued at approximately $2,065,000.

Other large investors have also recently made changes to their positions in the company. Heartland Advisors Inc. acquired a new stake in Aramark in the second quarter valued at approximately $9,100,000. Allworth Financial LP acquired a new position in Aramark during the 2nd quarter worth approximately $578,000. Vise Technologies Inc. purchased a new stake in shares of Aramark in the 2nd quarter valued at approximately $544,000. Great Lakes Advisors LLC purchased a new stake in shares of Aramark in the 2nd quarter valued at approximately $5,596,000. Finally, Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of Aramark in the 2nd quarter valued at $7,691,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ARMK shares. Citigroup lifted their price objective on shares of Aramark from $70.50 to $74.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. UBS Group increased their target price on Aramark from $67.00 to $71.00 and gave the company a "buy" rating in a report on Wednesday, August 12th. Bank of America raised their price target on Aramark from $59.00 to $62.00 and gave the company a "buy" rating in a research note on Tuesday, June 2nd. Stifel Nicolaus increased their price objective on Aramark from $54.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, August 12th. Finally, Morgan Stanley set a $63.00 target price on Aramark in a research report on Tuesday, August 11th. Twelve equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $69.14.

Aramark Trading Up 0.6%

Shares of Aramark stock opened at $59.71 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.14 and a debt-to-equity ratio of 1.80. The company has a fifty day simple moving average of $56.95 and a 200-day simple moving average of $48.93. The stock has a market cap of $15.74 billion, a price-to-earnings ratio of 41.76, a PEG 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.

Aramark (NYSE:ARMK - Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. Aramark had a net margin of 1.93% and a return on equity of 17.68%. The firm had revenue of $5.06 billion during the quarter, compared to analysts' expectations of $4.94 billion. During the same period in the previous year, the company earned $0.40 earnings per share. Aramark's quarterly revenue was up 9.3% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities analysts forecast that Aramark will post 2.27 EPS for the current fiscal year.

Aramark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, August 19th. Aramark's payout ratio is presently 33.57%.

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.

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