AptarGroup, Inc. (NYSE:ATR) Receives Average Rating of “Moderate Buy” from Brokerages

AptarGroup, Inc. (NYSE:ATR) has been given an average recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $168.60.

A number of research firms have recently commented on ATR. Wells Fargo & Company cut their target price on shares of AptarGroup from $152.00 to $133.00 and set an “overweight” rating for the company in a research note on Monday, November 3rd. KeyCorp initiated coverage on AptarGroup in a research note on Wednesday, September 3rd. They set an “overweight” rating and a $220.00 price objective for the company. Raymond James Financial reissued an “outperform” rating and set a $172.00 target price (down previously from $182.00) on shares of AptarGroup in a report on Monday, August 4th. William Blair lowered AptarGroup from an “outperform” rating to a “market perform” rating in a research note on Monday, November 3rd. Finally, Robert W. Baird reduced their price objective on AptarGroup from $160.00 to $145.00 and set an “outperform” rating for the company in a research note on Monday, November 3rd.

Insider Transactions at AptarGroup

In other news, insider Shiela Vinczeller sold 1,167 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $137.97, for a total transaction of $161,010.99. Following the transaction, the insider directly owned 25,134 shares in the company, valued at $3,467,737.98. The trade was a 4.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Gael Touya sold 2,500 shares of the business’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $136.12, for a total value of $340,300.00. Following the transaction, the insider directly owned 31,463 shares in the company, valued at $4,282,743.56. This trade represents a 7.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.68% of the company’s stock.

Institutional Investors Weigh In On AptarGroup

Hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp boosted its holdings in AptarGroup by 1.5% in the 2nd quarter. State Street Corp now owns 2,868,365 shares of the industrial products company’s stock valued at $448,698,000 after purchasing an additional 43,188 shares during the last quarter. Mawer Investment Management Ltd. grew its position in AptarGroup by 97.0% in the third quarter. Mawer Investment Management Ltd. now owns 2,759,026 shares of the industrial products company’s stock worth $368,771,000 after acquiring an additional 1,358,269 shares during the period. Victory Capital Management Inc. increased its stake in AptarGroup by 12.6% during the first quarter. Victory Capital Management Inc. now owns 2,219,191 shares of the industrial products company’s stock worth $329,284,000 after acquiring an additional 247,519 shares during the last quarter. Geode Capital Management LLC increased its stake in AptarGroup by 3.7% during the second quarter. Geode Capital Management LLC now owns 1,749,276 shares of the industrial products company’s stock worth $282,868,000 after acquiring an additional 62,540 shares during the last quarter. Finally, Boston Trust Walden Corp raised its position in AptarGroup by 16.4% in the third quarter. Boston Trust Walden Corp now owns 1,234,354 shares of the industrial products company’s stock valued at $164,984,000 after purchasing an additional 174,084 shares during the period. 88.52% of the stock is currently owned by institutional investors and hedge funds.

AptarGroup Stock Up 0.1%

AptarGroup stock opened at $116.21 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.21 and a quick ratio of 0.83. The stock has a market capitalization of $7.63 billion, a PE ratio of 20.00, a price-to-earnings-growth ratio of 2.55 and a beta of 0.55. The business has a 50 day simple moving average of $130.39 and a 200-day simple moving average of $144.21. AptarGroup has a 12 month low of $103.23 and a 12 month high of $178.03.

AptarGroup (NYSE:ATR) last released its quarterly earnings results on Thursday, October 30th. The industrial products company reported $1.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.05. The firm had revenue of $961.13 million for the quarter, compared to analysts’ expectations of $950.55 million. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.49 EPS. AptarGroup has set its Q4 2025 guidance at 1.200-1.28 EPS. On average, analysts anticipate that AptarGroup will post 5.57 EPS for the current fiscal year.

AptarGroup Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 13th. Stockholders of record on Thursday, October 23rd will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.7%. This is a positive change from AptarGroup’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, October 23rd. AptarGroup’s dividend payout ratio (DPR) is currently 30.72%.

About AptarGroup

AptarGroup, Inc designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments.