Man Group plc Takes $10.20 Million Position in Aramark $ARMK

Key Points

• Man Group plc acquired 179,219 Aramark shares worth approximately $10.2 million, giving it a roughly 0.07% stake. Other major investors, including BlackRock and Jupiter Topco, also established significant positions.
• Analysts remain broadly positive, with 12 Buy ratings and two Holds. Aramark has a “Moderate Buy” consensus rating and an average price target of $69.14, above its reported $58.06 share price.
• Aramark beat quarterly earnings and revenue expectations, reporting $0.52 EPS and $5.06 billion in revenue, while revenue rose 9.3% year over year. The company also declared a quarterly dividend of $0.12 per share, equivalent to a 0.8% annual yield.

Man Group plc purchased a new stake in Aramark (NYSE:ARMK - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 179,219 shares of the company's stock, valued at approximately $10,198,000. Man Group plc owned about 0.07% of Aramark at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Aramark in the 2nd quarter valued at approximately $1,411,586,000. Jupiter Topco LLC bought a new position in shares of Aramark during the 2nd quarter valued at approximately $1,041,407,000. AQR Capital Management LLC raised its holdings in Aramark by 163.1% during the 4th quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company's stock valued at $326,580,000 after buying an additional 5,492,046 shares during the period. Milford Funds Ltd. purchased a new stake in Aramark during the 4th quarter valued at $181,204,000. Finally, Norges Bank bought a new stake in Aramark in the fourth quarter worth $128,738,000.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Citigroup boosted their price objective on shares of Aramark from $70.50 to $74.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Truist Financial upped their price target on shares of Aramark from $58.00 to $70.00 and gave the company a "buy" rating in a report on Monday, July 27th. Bank of America increased their price objective on shares of Aramark from $59.00 to $62.00 and gave the stock a "buy" rating in a research report on Tuesday, June 2nd. UBS Group boosted their target price on Aramark from $67.00 to $71.00 and gave the company a "buy" rating in a research report on Wednesday, August 12th. Finally, The Goldman Sachs Group restated a "buy" rating and set a $70.00 price objective on shares of Aramark in a report on Wednesday, August 12th. Twelve investment 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, Aramark presently has an average rating of "Moderate Buy" and a consensus target price of $69.14.

Aramark Stock Performance

ARMK stock opened at $58.06 on Friday. Aramark has a one year low of $35.07 and a one year high of $62.65. The firm has a market cap of $15.31 billion, a price-to-earnings ratio of 40.60, a PEG ratio of 1.03 and a beta of 1.12. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.14 and a current ratio of 1.28. The firm has a 50-day simple moving average of $57.48 and a two-hundred day simple moving average of $49.65.

Aramark (NYSE:ARMK - Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. The company 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%. Aramark's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.40 earnings per share. 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 declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.48 dividend on an annualized basis and a yield of 0.8%. Aramark's payout ratio is currently 33.57%.

About Aramark

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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