Rep. Jonathan L. Jackson Sells Aramark (NYSE:ARMK) Shares

Representative Jonathan L. Jackson (D-Illinois) recently sold shares of Aramark NYSE: ARMK. In a filing disclosed on May 13th, the Representative disclosed that they had sold between $15,001 and $50,000 in Aramark stock on April 10th. The trade occurred in the Representative's "MORGAN STANLEY TRUST ACCOUNT" account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 4/21/2025.
• Purchased $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Purchased $50,001 - $100,000 in shares of Netflix NASDAQ: NFLX on 4/16/2025.
• Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $50,001 - $100,000 in shares of Microsoft NASDAQ: MSFT on 4/10/2025.
• Sold $15,001 - $50,000 in shares of Salesforce NYSE: CRM on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of McKesson NYSE: MCK on 3/4/2025.

Aramark Stock Performance

NYSE:ARMK opened at $38.92 on Thursday. The stock has a fifty day moving average price of $34.15 and a 200-day moving average price of $36.91. The company has a market cap of $10.20 billion, a price-to-earnings ratio of 30.65 and a beta of 1.20. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.84 and a current ratio of 0.94. Aramark has a fifty-two week low of $29.92 and a fifty-two week high of $42.49.

Aramark (NYSE:ARMK - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.34 earnings per share 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 the consensus estimate of $4.35 billion. During the same period in the prior year, the company posted $0.30 EPS. The company's revenue was up 1.9% compared to the same quarter last year. As a group, equities analysts anticipate that Aramark will post 1.92 EPS for the current fiscal year.

Aramark Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.08%. Aramark's payout ratio is 32.31%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Citigroup assumed coverage on Aramark in a research report on Monday, February 24th. They set a "buy" rating and a $48.00 price objective for the company. Morgan Stanley upped their price objective on Aramark from $40.00 to $42.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 7th. Royal Bank of Canada restated an "outperform" rating and set a $47.00 price objective on shares of Aramark in a research report on Wednesday. Finally, UBS Group upped their price objective on Aramark from $40.00 to $44.00 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $43.33.

Hedge Funds Weigh In On Aramark

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Aramark by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 25,497,580 shares of the company's stock worth $951,315,000 after purchasing an additional 178,147 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Aramark by 29.5% in the first quarter. Massachusetts Financial Services Co. MA now owns 17,605,896 shares of the company's stock valued at $607,756,000 after buying an additional 4,012,162 shares during the period. Janus Henderson Group PLC increased its stake in shares of Aramark by 3.5% in the fourth quarter. Janus Henderson Group PLC now owns 16,268,682 shares of the company's stock valued at $606,986,000 after buying an additional 554,239 shares during the period. Fiduciary Management Inc. WI increased its stake in shares of Aramark by 13.8% in the first quarter. Fiduciary Management Inc. WI now owns 13,037,630 shares of the company's stock valued at $450,059,000 after buying an additional 1,582,890 shares during the period. Finally, Franklin Resources Inc. increased its stake in shares of Aramark by 29.5% in the fourth quarter. Franklin Resources Inc. now owns 8,511,152 shares of the company's stock valued at $317,551,000 after buying an additional 1,940,214 shares during the period.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. He declared candidacy for the 2026 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.

Aramark Company Profile

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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