Deutsche Bank AG Takes $13.90 Million Position in Aramark $ARMK

Key Points

• Deutsche Bank acquired 244,242 Aramark shares worth approximately $13.9 million during the second quarter, representing about 0.09% of the company.
• Aramark exceeded quarterly expectations, reporting $0.52 EPS versus the $0.48 consensus and $5.06 billion in revenue, up 9.3% year over year. The company reaffirmed fiscal 2026 EPS guidance of $2.18–$2.28.
• Analysts remain generally bullish, with 12 Buy ratings and two Holds, a “Moderate Buy” consensus, and an average price target of $69.14 versus the reported $59.71 share price.

Deutsche Bank AG bought a new stake in shares of Aramark (NYSE:ARMK - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 244,242 shares of the company's stock, valued at approximately $13,897,000. Deutsche Bank AG owned approximately 0.09% of Aramark at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in ARMK. Henshaw Capital LLC increased its holdings in Aramark by 0.3% in the first quarter. Henshaw Capital LLC now owns 76,923 shares of the company's stock worth $3,118,000 after purchasing an additional 225 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in shares of Aramark by 5.6% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 6,444 shares of the company's stock worth $261,000 after buying an additional 339 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its position in shares of Aramark by 55.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,152 shares of the company's stock worth $42,000 after buying an additional 410 shares during the period. Procyon Advisors LLC increased its stake in shares of Aramark by 5.3% in the 1st quarter. Procyon Advisors LLC now owns 10,590 shares of the company's stock valued at $429,000 after acquiring an additional 532 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in Aramark by 7.4% during the second quarter. Cetera Investment Advisers now owns 8,294 shares of the company's stock worth $347,000 after acquiring an additional 573 shares in the last quarter.

Aramark Stock Performance

ARMK opened at $59.71 on Friday. Aramark has a 1-year low of $35.07 and a 1-year high of $62.65. The company 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. The company's fifty day moving average price is $56.95 and its two-hundred day moving average price is $48.93. The company has a current ratio of 1.28, a quick ratio of 1.14 and a debt-to-equity ratio of 1.80.

Aramark (NYSE:ARMK - Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 1.93% and a return on equity of 17.68%. The business's revenue was up 9.3% on a year-over-year basis. During the same period last year, the company earned $0.40 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, analysts expect that Aramark will post 2.27 EPS for the current fiscal year.

Aramark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.48 annualized dividend and a yield of 0.8%. Aramark's dividend payout ratio (DPR) is presently 33.57%.

Analyst Ratings Changes

Several research firms have weighed in on ARMK. Truist Financial lifted their price target on shares of Aramark from $58.00 to $70.00 and gave the company a "buy" rating in a research note on Monday, July 27th. The Goldman Sachs Group restated a "buy" rating and issued a $70.00 target price on shares of Aramark in a research note on Wednesday, August 12th. Bank of America boosted their target price on Aramark from $59.00 to $62.00 and gave the company a "buy" rating in a research report on Tuesday, June 2nd. Morgan Stanley set a $63.00 price target on Aramark in a research note on Tuesday, August 11th. Finally, UBS Group increased their price target on Aramark from $67.00 to $71.00 and gave the stock a "buy" rating in a report on Wednesday, August 12th. Twelve research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, 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.

Want to see what other hedge funds are holding ARMK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aramark (NYSE:ARMK - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source