Pinnbrook Capital Management LP Takes $14.66 Million Position in Aramark $ARMK

Key Points

• Pinnbrook Capital Management purchased 257,700 Aramark shares worth approximately $14.66 million, giving the stock a 1.6% portfolio weighting and making it the fund’s 18th-largest position.
• Institutional interest increased broadly, with BlackRock initiating a stake valued at roughly $1.41 billion and AQR Capital Management boosting its holdings by 163.1%.
• Aramark reported quarterly EPS of $0.52 and revenue of $5.06 billion, exceeding analyst estimates. Analysts maintain a “Moderate Buy” consensus with an average price target of $69.14, while the company declared a quarterly dividend of $0.12.

Pinnbrook Capital Management LP purchased a new position in Aramark (NYSE:ARMK - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 257,700 shares of the company's stock, valued at approximately $14,663,000. Aramark comprises approximately 1.6% of Pinnbrook Capital Management LP's investment portfolio, making the stock its 18th biggest position. Pinnbrook Capital Management LP owned about 0.10% of Aramark at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in Aramark during the 2nd quarter worth approximately $1,411,586,000. AQR Capital Management LLC lifted its stake in shares of Aramark by 163.1% during the fourth quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company's stock worth $326,580,000 after buying an additional 5,492,046 shares during the period. Milford Funds Ltd. purchased a new stake in shares of Aramark during the fourth quarter valued at $181,204,000. Norges Bank purchased a new stake in shares of Aramark during the fourth quarter valued at $128,738,000. Finally, Cooke & Bieler LP acquired a new position in shares of Aramark in the 4th quarter valued at $118,110,000.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ARMK shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $74.00 price objective on shares of Aramark in a research note on Wednesday, August 12th. Weiss Ratings lowered shares of Aramark from a "hold (c+)" rating to a "hold (c)" rating in a report on Wednesday, August 12th. UBS Group increased their price target on Aramark from $67.00 to $71.00 and gave the stock a "buy" rating in a research report on Wednesday, August 12th. Morgan Stanley set a $63.00 price objective on Aramark in a research note on Tuesday, August 11th. Finally, Jefferies Financial Group boosted their price objective on Aramark from $62.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, August 12th. Twelve 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 a consensus rating of "Moderate Buy" and an average target price of $69.14.

Aramark Price Performance

Shares of Aramark stock opened at $59.71 on Friday. The stock has a market capitalization of $15.74 billion, a P/E ratio of 41.76, a PEG ratio of 1.05 and a beta of 1.12. The business has a 50 day simple moving average of $56.95 and a two-hundred day simple moving average of $48.93. Aramark has a 12 month low of $35.07 and a 12 month high of $62.65. 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 (NYSE:ARMK - Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.48 by $0.04. The firm had revenue of $5.06 billion during the quarter, compared to the consensus estimate of $4.94 billion. Aramark had a return on equity of 17.68% and a net margin of 1.93%.The firm's revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.40 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, analysts predict that Aramark will post 2.27 EPS for the current fiscal year.

Aramark Announces Dividend

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. The ex-dividend date is Wednesday, August 19th. This represents a $0.48 dividend on an annualized basis and a yield of 0.8%. Aramark's dividend payout ratio is currently 33.57%.

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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