AptarGroup (NYSE:ATR) Price Target Cut to $152.00 by Analysts at Wells Fargo & Company

AptarGroup (NYSE:ATR) had its price target lowered by Wells Fargo & Company from $153.00 to $152.00 in a research note published on Wednesday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the industrial products company’s stock.

Other research analysts have also issued research reports about the company. Raymond James Financial reaffirmed an “outperform” rating and set a $172.00 price target (down previously from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. Wall Street Zen raised AptarGroup from a “hold” rating to a “buy” rating in a research report on Wednesday, May 14th. Finally, KeyCorp initiated coverage on AptarGroup in a research report on Wednesday, September 3rd. They set an “overweight” rating and a $220.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $182.00.

AptarGroup Stock Performance

NYSE:ATR opened at $136.26 on Wednesday. The business’s 50-day moving average price is $147.27 and its two-hundred day moving average price is $149.03. AptarGroup has a twelve month low of $130.85 and a twelve month high of $178.03. The stock has a market cap of $8.98 billion, a P/E ratio of 23.45, a PEG ratio of 2.83 and a beta of 0.57. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.20.

AptarGroup (NYSE:ATR) last announced its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.58 by $0.08. The firm had revenue of $966.01 million for the quarter, compared to analyst estimates of $954.06 million. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The company’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.41 EPS. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. As a group, equities analysts predict that AptarGroup will post 5.57 EPS for the current fiscal year.

AptarGroup Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be given a $0.48 dividend. This is a boost from AptarGroup’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, October 23rd. This represents a $1.92 annualized dividend and a yield of 1.4%. AptarGroup’s payout ratio is currently 30.98%.

Insider Transactions at AptarGroup

In other AptarGroup news, insider Shiela Vinczeller sold 1,167 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $137.97, for a total transaction of $161,010.99. Following the completion of the sale, the insider directly owned 25,134 shares in the company, valued at approximately $3,467,737.98. The trade was a 4.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.68% of the company’s stock.

Institutional Investors Weigh In On AptarGroup

A number of hedge funds have recently modified their holdings of the business. Mercer Global Advisors Inc. ADV purchased a new stake in AptarGroup in the 4th quarter worth $295,000. Captrust Financial Advisors lifted its stake in AptarGroup by 2.6% in the 4th quarter. Captrust Financial Advisors now owns 4,691 shares of the industrial products company’s stock worth $737,000 after purchasing an additional 121 shares in the last quarter. Cetera Investment Advisers lifted its stake in AptarGroup by 102.4% in the 4th quarter. Cetera Investment Advisers now owns 3,117 shares of the industrial products company’s stock worth $490,000 after purchasing an additional 1,577 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in AptarGroup in the 4th quarter worth $1,705,000. Finally, Janus Henderson Group PLC lifted its stake in AptarGroup by 2.8% in the 4th quarter. Janus Henderson Group PLC now owns 29,527 shares of the industrial products company’s stock worth $4,633,000 after purchasing an additional 800 shares in the last quarter. Institutional investors own 88.52% of the company’s stock.

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.