Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Aramark (NYSE:ARMK)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Aramark (NYSE:ARMK). In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Aramark stock on April 14th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Beiersdorf Aktiengesellschaft OTCMKTS: BDRFF on 5/2/2025.
• Purchased $1,001 - $15,000 in shares of Alkami Technology NASDAQ: ALKT on 4/30/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 4/29/2025.
• Sold $1,001 - $15,000 in shares of DXC Technology NYSE: DXC on 4/29/2025.
• Sold $1,001 - $15,000 in shares of DOW NYSE: DOW on 4/29/2025.
• Sold $1,001 - $15,000 in shares of Zions Bancorporation, National Association NASDAQ: ZION on 4/29/2025.
• Purchased $1,001 - $15,000 in shares of O'Reilly Automotive NASDAQ: ORLY on 4/29/2025.
• Purchased $1,001 - $15,000 in shares of McKesson NYSE: MCK on 4/29/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/29/2025.
• Sold $1,001 - $15,000 in shares of Humana NYSE: HUM on 4/29/2025.

Aramark Trading Up 1.6 %

Shares of NYSE:ARMK opened at $38.24 on Thursday. The company has a 50 day moving average of $33.91 and a 200-day moving average of $36.92. The company has a current ratio of 0.94, a quick ratio of 0.84 and a debt-to-equity ratio of 1.61. The firm has a market cap of $10.14 billion, a P/E ratio of 30.11 and a beta of 1.20. Aramark has a twelve month low of $29.92 and a twelve month high of $42.49.

Aramark (NYSE:ARMK - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.01. Aramark had a return on equity of 14.72% and a net margin of 1.94%. The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.35 billion. During the same period last year, the company posted $0.30 EPS. The firm's quarterly revenue was up 1.9% on a year-over-year basis. As a group, analysts anticipate that Aramark will post 1.92 earnings per share for the current fiscal year.

Aramark Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 1.10%. Aramark's payout ratio is 33.07%.

Analysts Set New Price Targets

ARMK has been the subject of a number of research analyst reports. Royal Bank of Canada reissued an "outperform" rating and issued a $47.00 price target on shares of Aramark in a report on Thursday, February 6th. UBS Group raised their target price on shares of Aramark from $40.00 to $44.00 and gave the stock a "buy" rating in a report on Wednesday. Citigroup initiated coverage on shares of Aramark in a research report on Monday, February 24th. They issued a "buy" rating and a $48.00 price target on the stock. Finally, Morgan Stanley increased their price objective on Aramark from $40.00 to $42.00 and gave the company an "equal weight" rating in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, Aramark currently has a consensus rating of "Moderate Buy" and an average price target of $43.33.

Institutional Investors Weigh In On Aramark

A number of institutional investors have recently bought and sold shares of ARMK. Bessemer Group Inc. lifted its position in shares of Aramark by 93.0% in the fourth quarter. Bessemer Group Inc. now owns 770 shares of the company's stock worth $29,000 after purchasing an additional 371 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Aramark by 45.7% in the 4th quarter. Jones Financial Companies Lllp now owns 988 shares of the company's stock worth $37,000 after buying an additional 310 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Aramark by 75.2% during the 4th quarter. UMB Bank n.a. now owns 1,354 shares of the company's stock valued at $51,000 after buying an additional 581 shares during the period. Global Retirement Partners LLC grew its holdings in shares of Aramark by 167.2% during the 4th quarter. Global Retirement Partners LLC now owns 1,424 shares of the company's stock valued at $53,000 after acquiring an additional 891 shares in the last quarter. Finally, Lazard Asset Management LLC purchased a new stake in shares of Aramark during the fourth quarter worth $72,000.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Aramark

Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, environmental services, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services.

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