SEC Form SC 13G/A filed by Aramark (Amendment)

$ARMK
Restaurants
Consumer Discretionary
Get the next $ARMK alert in real time by email
SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3 )*

            

Aramark


(Name of Issuer)

Common Stock


(Title of Class of Securities)

03852U106


(CUSIP Number)

December 29, 2023


(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.)


CUSIP No. 03852U106

1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Capital International Investors
95-1411037
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5. SOLE VOTING POWER 24,377,784
6. SHARED VOTING POWER 0
7. SOLE DISPOSITIVE POWER 24,579,435
8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

24,579,435 Beneficial ownership disclaimed pursuant to Rule 13d-4
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.4%
12. TYPE OF REPORTING PERSON

IA




















Item 1.
(a) Name of Issuer
Aramark
(b) Address of Issuer's Principal Executive Offices
2400 Market Street, Philadelphia, PA 19103
Item 2.
(a) Name of Person Filing
Capital International Investors
(b) Address of Principal Business Office or, if None, Residence
333 South Hope Street, 55th Fl, Los Angeles, CA 90071
(c) Citizenship
N/A
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
03852U106
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned:
24,579,435 **
(b) Percent of Class:
9.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 24,377,784
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of 24,579,435
(iv) shared power to dispose or to direct the disposition of 0
**Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 24,579,435 shares or 9.4% of the 262,292,388 shares believed to be outstanding.
Item 5. Ownership of Five Percent or Less of Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
American Balanced Fund
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
Not Applicable
Item 8. Identification and Classification of Members of the Group.

Not Applicable. This schedule is not being filed pursuant to Rule 13d-1(b)(1)(ii)(J) or Rule 13d-1(d).
Item 9. Notice of Dissolution of Group.

Not Applicable
Item 10. Certification.

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital International Investors
By: /s/ Jae Won Chung
Date: February 07, 2024
Name: Jae Won Chung
Title: Vice President and Associate Counsel, Fund Business Management Group, Capital Research and Management Company

Get the next $ARMK alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$ARMK

DatePrice TargetRatingAnalyst
2/24/2025$48.00Buy
Citigroup
9/17/2024$36.00 → $42.50Sector Perform → Outperform
RBC Capital Mkts
8/7/2024$36.00 → $39.00Hold → Buy
Deutsche Bank
1/17/2024$33.00Buy
Goldman
1/8/2024$33.00Buy
Truist
10/9/2023$44.00 → $29.00Hold → Buy
Jefferies
9/1/2023$45.00 → $47.00Neutral → Buy
Citigroup
8/22/2023$43.00Neutral → Buy
UBS
More analyst ratings

$ARMK
Press Releases

Fastest customizable press release news feed in the world

See more
  • Aramark to Host Conference Call on Second Quarter Fiscal 2025 Results

    Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its second quarter fiscal 2025 results on Tuesday, May 6, 2025 at 8:30 a.m. ET. A news release containing the results will be issued before the call. The conference call will be broadcast live on the Aramark Investor Relations website. Those parties interested in participation via dial-in may register here. Once registration is completed, participants will be provided with a number containing a personalized PIN to access the call. A replay of the call and related earnings materials will be available through the Archives section of the website. About Aramark Ara

    $ARMK
    Restaurants
    Consumer Discretionary
  • Aramark's IN2WORK Job Skills Program Turns 20: Educational Path in Correctional Facilities Has Grown to 32 States, more than 290 Programs, and more than 14,000 Graduates

    Aramark Correctional Services is celebrating the 20th anniversary of its IN2WORK (I2W) program, a milestone in the journey of working with thousands of justice-impacted individuals, offering education and industry certifications for a path to success both during and post-incarceration. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250402392828/en/Aramark Correctional Services is celebrating the 20th anniversary of its IN2WORK (I2W) program, a milestone in the journey of working with thousands of justice-impacted individuals, offering education and industry certifications for a path to success both during and post-incarceration.

    $ARMK
    Restaurants
    Consumer Discretionary
  • Aramark Receives Extel's All-American Executive Team Most Honored Company Award

    Prestigious Wall Street Award Recognizes Company Leadership and Investor Relations Teams Aramark, (NYSE:ARMK), was honored on March 20th for its selection in the large, aggregated industry (Business, Education, Professional Services) category to the All-American Executive Team rankings by Extel (formerly Institutional Investor). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250323525239/en/Aramark is proud to receive the Most Honored Company Award from Extel (formerly Institutional Investor). "We are honored and humbled to receive this recognition from the Wall Street community," said John Zillmer, Aramark CEO. "This award is a

    $ARMK
    Restaurants
    Consumer Discretionary

$ARMK
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$ARMK
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$ARMK
SEC Filings

See more

$ARMK
Leadership Updates

Live Leadership Updates

See more
  • DiversityComm Magazine Names Aramark as a 2024 Top Supplier Diversity Program for Women's Business Enterprises

    Aramark, (NYSE:ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, was recognized on DiversityComm, Inc.'s (DCI) annual list of the Best of the Best Top Supplier Diversity Programs for Women's Business Enterprises (WBEs). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240326337706/en/Aramark was recognized on DiversityComm, Inc.'s annual list of the Best of the Best Top Supplier Diversity Programs for Women's Business Enterprises. (Graphic: Business Wire) DiversityComm's Best of the Best lists recogn

    $ARMK
    Restaurants
    Consumer Discretionary
  • Aramark Announces Tom Ondrof Plans to Retire as Chief Financial Officer; Jim Tarangelo, SVP Finance & Treasurer, Appointed Successor

    Ondrof to serve as Strategic Advisor Aramark (NYSE:ARMK) today announced that Tom Ondrof, Chief Financial Officer, plans to retire from his current position on January 12, 2024, at which time he will serve as a Strategic Advisor through May 2024. Jim Tarangelo, Aramark's Senior Vice President Finance & Treasurer, has been appointed to succeed Ondrof as Chief Financial Officer, effective January 13. "Tom leaves a strong legacy that's both broad and deep," said John Zillmer, Aramark's Chief Executive Officer. "When I asked him to join Aramark shortly after my return, he left a hard-earned retirement to help us create and drive a successful growth strategy based on our hospitality culture,

    $ARMK
    Restaurants
    Consumer Discretionary
  • Veralto Set to Join S&P 500; Vestis to Join S&P MidCap 400; Others to Join S&P SmallCap 600

    NEW YORK, Sept. 28, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, the S&P MidCap 400 and the S&P SmallCap 600 indices: Veralto Corp. (NYSE:VLTO) will be added to the S&P 500 effective prior to the open of trading on Monday, October 2, replacing DXC Technology Co. (NYSE:DXC) which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 3. DXC Technologies will replace Ebix Inc. (NASD: EBIX) in the S&P SmallCap 600 also effective prior to the open of trading on October 3. S&P 500 &100 constituent Danaher Corp. (NYSE:DHR) is spinning off Veralto in a transaction expected to be completed on October 2. Followin

    $ARMK
    $AVD
    $DHR
    $DXC
    Restaurants
    Consumer Discretionary
    Agricultural Chemicals
    Industrials

$ARMK
Financials

Live finance-specific insights

See more
  • Aramark to Host Conference Call on Second Quarter Fiscal 2025 Results

    Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its second quarter fiscal 2025 results on Tuesday, May 6, 2025 at 8:30 a.m. ET. A news release containing the results will be issued before the call. The conference call will be broadcast live on the Aramark Investor Relations website. Those parties interested in participation via dial-in may register here. Once registration is completed, participants will be provided with a number containing a personalized PIN to access the call. A replay of the call and related earnings materials will be available through the Archives section of the website. About Aramark Ara

    $ARMK
    Restaurants
    Consumer Discretionary
  • Aramark Reports First Quarter Earnings

    YEAR-OVER-YEAR SUMMARY Revenue +3%; Organic Revenue +5% Highest revenue for any quarter in Global FSS history Foodservice revenue +5%; Foodservice Organic revenue +6% Operating Income +30%1; Adjusted Operating Income (AOI) +13%2 Record AOI for a first quarter in Global FSS history Operating Income margin +100 bps1; AOI margin +40 bps2 GAAP EPS +264%1 to $0.39; Adjusted EPS +25%2 to $0.51 Results reflected execution of profitable growth strategies across organization Expanded Global Supply Chain Footprint; Increased Purchasing Scale Completed GPO acquisition in Europe, increasing supply chain spend by $500 million Total Global Supply Chain spend excee

    $ARMK
    Restaurants
    Consumer Discretionary
  • Aramark Declares Quarterly Dividend

    Aramark's (NYSE:ARMK) Board of Directors approved a quarterly dividend of 10.5 cents per share of common stock payable on February 24, 2025 to stockholders of record at the close of business on February 10, 2025. About Aramark Aramark (NYSE:ARMK) proudly serves the world's leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Aramark has been recog

    $ARMK
    Restaurants
    Consumer Discretionary

$ARMK
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more