Somerville Kurt F Purchases New Position in AptarGroup, Inc. $ATR

Somerville Kurt F purchased a new stake in AptarGroup, Inc. (NYSE:ATRFree Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 55,419 shares of the industrial products company’s stock, valued at approximately $6,938,000. AptarGroup makes up approximately 1.7% of Somerville Kurt F’s investment portfolio, making the stock its 25th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of AptarGroup by 30,035.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 136,211 shares of the industrial products company’s stock valued at $15,220,000 after buying an additional 135,759 shares during the last quarter. Aurora Investment Counsel purchased a new stake in AptarGroup in the fourth quarter valued at $1,310,000. Intech Investment Management LLC lifted its position in AptarGroup by 696.8% in the fourth quarter. Intech Investment Management LLC now owns 100,020 shares of the industrial products company’s stock valued at $12,198,000 after acquiring an additional 87,467 shares during the last quarter. California State Teachers Retirement System lifted its position in AptarGroup by 24.4% in the first quarter. California State Teachers Retirement System now owns 77,227 shares of the industrial products company’s stock valued at $9,732,000 after acquiring an additional 15,158 shares during the last quarter. Finally, Louisiana State Employees Retirement System acquired a new position in AptarGroup in the first quarter valued at $2,357,000. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

AptarGroup Trading Up 1.0%

NYSE ATR opened at $133.00 on Thursday. The stock has a market capitalization of $8.46 billion, a P/E ratio of 24.05, a P/E/G ratio of 3.24 and a beta of 0.39. AptarGroup, Inc. has a 52-week low of $103.23 and a 52-week high of $146.91. The firm has a 50-day moving average price of $128.54 and a 200 day moving average price of $127.53. The company has a quick ratio of 1.10, a current ratio of 1.61 and a debt-to-equity ratio of 0.42.

AptarGroup (NYSE:ATRGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.07. AptarGroup had a return on equity of 13.31% and a net margin of 9.22%.The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the company earned $1.66 EPS. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. AptarGroup has set its Q3 2026 guidance at 1.450-1.530 EPS. Equities research analysts expect that AptarGroup, Inc. will post 5.48 EPS for the current year.

AptarGroup Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, July 30th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, July 30th. AptarGroup’s dividend payout ratio (DPR) is currently 34.72%.

Insider Activity

In related news, insider Shiela Vinczeller sold 3,555 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $112.61, for a total transaction of $400,328.55. Following the transaction, the insider owned 27,078 shares of the company’s stock, valued at $3,049,253.58. This represents a 11.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Hedi Tlili sold 8,854 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $135.00, for a total value of $1,195,290.00. Following the completion of the transaction, the insider owned 15,379 shares of the company’s stock, valued at $2,076,165. The trade was a 36.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 22,247 shares of company stock valued at $2,935,161 in the last three months. 0.73% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on ATR shares. Raymond James Financial reaffirmed an “outperform” rating and set a $160.00 price objective on shares of AptarGroup in a report on Wednesday, July 15th. Wells Fargo & Company boosted their target price on AptarGroup from $145.00 to $155.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Zacks Research raised AptarGroup from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Weiss Ratings restated a “hold (c)” rating on shares of AptarGroup in a research note on Wednesday, June 24th. Finally, Bank of America upgraded AptarGroup from a “neutral” rating to a “buy” rating and set a $173.00 price target on the stock in a research note on Tuesday, July 14th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $172.80.

Get Our Latest Analysis on AptarGroup

About AptarGroup

(Free Report)

AptarGroup, Inc is a global provider of advanced dispensing, sealing and protection solutions for consumer and pharmaceutical markets. The company designs and manufactures a broad portfolio of products that enable the controlled delivery of liquids, gels, powders and aerosols. Its customer base spans beauty and personal care, home care, food and beverage, and pharmaceutical sectors, where innovation in packaging and drug‐delivery devices drives brand differentiation and regulatory compliance.

In the consumer markets, AptarGroup offers pumps, actuators, valves, closures and specialized bottles engineered for precision, convenience and sustainability.

See Also

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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