Cornerstone Capital Inc. Sells 4,604 Shares of AptarGroup, Inc. $ATR

Cornerstone Capital Inc. cut its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 4.4% during the 2nd quarter, Holdings Channel reports. The firm owned 99,237 shares of the industrial products company’s stock after selling 4,604 shares during the period. AptarGroup makes up 1.6% of Cornerstone Capital Inc.’s holdings, making the stock its 28th largest holding. Cornerstone Capital Inc.’s holdings in AptarGroup were worth $15,524,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ATR. Exchange Traded Concepts LLC grew its position in AptarGroup by 1.9% during the second quarter. Exchange Traded Concepts LLC now owns 5,337 shares of the industrial products company’s stock worth $835,000 after buying an additional 100 shares in the last quarter. Simplex Trading LLC raised its stake in AptarGroup by 107.4% in the first quarter. Simplex Trading LLC now owns 224 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 116 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its position in AptarGroup by 7.8% during the second quarter. Sound View Wealth Advisors Group LLC now owns 1,910 shares of the industrial products company’s stock worth $299,000 after purchasing an additional 139 shares during the period. Portside Wealth Group LLC grew its stake in AptarGroup by 8.3% during the second quarter. Portside Wealth Group LLC now owns 1,963 shares of the industrial products company’s stock worth $307,000 after buying an additional 150 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. increased its holdings in AptarGroup by 4.4% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 3,660 shares of the industrial products company’s stock valued at $573,000 after buying an additional 153 shares during the period. 88.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ATR shares. KeyCorp began coverage on shares of AptarGroup in a research report on Wednesday, September 3rd. They issued an “overweight” rating and a $220.00 target price for the company. Robert W. Baird cut their target price on AptarGroup from $160.00 to $145.00 and set an “outperform” rating for the company in a research note on Monday, November 3rd. Wells Fargo & Company reduced their target price on AptarGroup from $152.00 to $133.00 and set an “overweight” rating on the stock in a report on Monday, November 3rd. Raymond James Financial reissued an “outperform” rating and set a $172.00 price target (down previously from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Finally, William Blair downgraded AptarGroup from an “outperform” rating to a “market perform” rating in a research report on Monday, November 3rd. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, AptarGroup presently has an average rating of “Hold” and a consensus target price of $168.60.

AptarGroup Stock Performance

Shares of AptarGroup stock opened at $121.39 on Tuesday. The company’s 50 day moving average price is $126.45 and its two-hundred day moving average price is $141.72. The firm has a market capitalization of $7.97 billion, a P/E ratio of 20.89, a P/E/G ratio of 2.55 and a beta of 0.55. AptarGroup, Inc. has a fifty-two week low of $103.23 and a fifty-two week high of $174.10. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.21 and a quick ratio of 0.83.

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

AptarGroup Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 13th. Stockholders of record on Thursday, October 23rd were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.6%. This is an increase from AptarGroup’s previous quarterly dividend of $0.45. The ex-dividend date was Thursday, October 23rd. AptarGroup’s dividend payout ratio (DPR) is presently 30.72%.

Insider Activity

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

AptarGroup Profile

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.