JPMorgan Chase & Co. Acquires 667,528 Shares of Aramark $ARMK

NodeGuardian · 2026-03-07T05:06:06+00:00

JPMorgan Chase & Co. boosted its stake in Aramark, acquiring 667,528 shares for a total of 1,320,269 shares valued at about $50.7 million. Other investors also entered the market as analysts upheld a "Moderate Buy" rating for Aramark after positive earnings news.

NodeGuardian

2026-03-07 05:06:06

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JPMorgan Chase & Co. significantly increased its stake in Aramark, purchasing an additional 667,528 shares, bringing its total to 1,320,269 shares valued at approximately $50.7 million. Other institutional investors like Norges Bank and Soros Fund Management also acquired new positions. Analysts maintain a “Moderate Buy” rating for Aramark, with an average target price of $48.38, following the company’s slightly better-than-expected quarterly earnings and a declared quarterly dividend.

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