Public Employees Retirement System of Ohio Invests $4.25 Million in Aramark $ARMK

Key Points

• Public Employees Retirement System of Ohio purchased 74,665 Aramark shares worth approximately $4.25 million in the second quarter. BlackRock and other institutional investors also initiated or increased positions.
• Aramark exceeded quarterly expectations with $0.52 EPS versus the $0.48 consensus and revenue of $5.06 billion, up 9.3% year over year. The company issued fiscal 2026 EPS guidance of $2.18–$2.28 and declared a $0.12 quarterly dividend.
• Wall Street sentiment remains favorable, with 12 analysts rating the stock a Buy and two rating it a Hold. The average price target is $69.14, compared with a recent share price of $57.19.

Public Employees Retirement System of Ohio bought a new stake in shares of Aramark (NYSE:ARMK - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 74,665 shares of the company's stock, valued at approximately $4,248,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Aramark in the second quarter valued at approximately $1,411,586,000. Entropy Technologies LP acquired a new position in Aramark during the 1st quarter valued at $2,552,000. Callan Family Office LLC bought a new stake in Aramark in the 2nd quarter valued at $2,065,000. Bank of New York Mellon Corp boosted its holdings in Aramark by 4.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,558,199 shares of the company's stock valued at $103,709,000 after purchasing an additional 114,662 shares during the period. Finally, Sei Investments Co. grew its position in Aramark by 18.1% in the 1st quarter. Sei Investments Co. now owns 242,743 shares of the company's stock worth $9,841,000 after purchasing an additional 37,222 shares during the last quarter.

Aramark Trading Up 0.8%

ARMK stock opened at $57.19 on Friday. Aramark has a 1-year low of $35.07 and a 1-year high of $62.65. 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 business's 50 day moving average is $57.69 and its 200-day moving average is $50.18. The firm has a market cap of $15.08 billion, a P/E ratio of 39.99, a P/E/G ratio of 1.00 and a beta of 1.12.

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

Aramark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given 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 33.57%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ARMK shares. Stifel Nicolaus upped their price objective on shares of Aramark from $54.00 to $70.00 and gave the company a "buy" rating in a research report on Wednesday, August 12th. The Goldman Sachs Group restated a "buy" rating and set a $70.00 price target on shares of Aramark in a research note on Wednesday, August 12th. New Street Research set a $70.00 price objective on Aramark in a report on Thursday, August 13th. Citigroup raised their target price on Aramark from $70.50 to $74.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. Finally, Morgan Stanley set a $63.00 price target on shares of Aramark in a research note on Tuesday, August 11th. Twelve analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $69.14.

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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