PointState Capital LP Invests $135.08 Million in Aramark $ARMK

Key Points

• PointState Capital LP acquired 2.37 million Aramark shares worth approximately $135.1 million, giving it a 0.90% stake and making Aramark its 19th-largest holding.
• Aramark exceeded quarterly expectations, reporting $0.52 in EPS versus a $0.48 consensus estimate and $5.06 billion in revenue, up 9.3% year over year.
• Analysts remain broadly positive, with 12 Buy ratings and two Holds; the consensus price target is $69.14, while Aramark maintains a quarterly dividend of $0.12 per share.

PointState Capital LP acquired a new stake in Aramark (NYSE:ARMK - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,373,938 shares of the company's stock, valued at approximately $135,077,000. Aramark accounts for 1.7% of PointState Capital LP's holdings, making the stock its 19th largest holding. PointState Capital LP owned approximately 0.90% of Aramark as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ARMK. Activest Wealth Management bought a new stake in shares of Aramark during the 4th quarter valued at $27,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Aramark in the 3rd quarter worth $28,000. Cedar Mountain Advisors LLC bought a new position in shares of Aramark in the 1st quarter worth $32,000. Kestra Advisory Services LLC bought a new stake in Aramark in the fourth quarter valued at about $32,000. Finally, Elevation Wealth Partners LLC lifted its stake in 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 buying an additional 597 shares during the period.

Aramark Stock Performance

Shares of ARMK opened at $59.55 on Thursday. The firm has a market cap of $15.70 billion, a P/E ratio of 41.64, a PEG ratio of 1.04 and a beta of 1.12. Aramark has a twelve month low of $35.07 and a twelve month high of $62.65. 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's 50 day moving average price is $57.27 and its two-hundred day moving average price is $49.44.

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 business had revenue of $5.06 billion for 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 firm's revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.40 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, analysts forecast that Aramark will post 2.27 EPS for the current fiscal year.

Aramark Dividend Announcement

The company 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 dividend of $0.12 per share. The ex-dividend date is Wednesday, August 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.8%. Aramark's dividend payout ratio (DPR) is presently 33.57%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ARMK. Oppenheimer boosted their target price on Aramark from $60.00 to $65.00 and gave the stock an "outperform" rating in a research report on Monday, June 29th. Citigroup increased their price target 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. UBS Group lifted their price objective on shares of Aramark from $67.00 to $71.00 and gave the stock a "buy" rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. boosted their price objective on shares of Aramark from $55.00 to $70.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. Finally, Jefferies Financial Group increased their target price on shares of Aramark from $62.00 to $70.00 and gave the stock a "buy" rating in a report on Wednesday, August 12th. Twelve equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Aramark has an average rating of "Moderate Buy" and a consensus target price of $69.14.

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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