Envestnet Portfolio Solutions Inc. decreased its position in AptarGroup, Inc. (NYSE:ATR – Free Report) by 11.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,684 shares of the industrial products company’s stock after selling 351 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in AptarGroup were worth $420,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. Louisiana State Employees Retirement System boosted its stake in AptarGroup by 0.5% in the 1st quarter. Louisiana State Employees Retirement System now owns 18,600 shares of the industrial products company’s stock worth $2,760,000 after purchasing an additional 100 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in AptarGroup by 1.9% in the 2nd quarter. Exchange Traded Concepts LLC now owns 5,337 shares of the industrial products company’s stock worth $835,000 after purchasing an additional 100 shares in the last quarter. Koshinski Asset Management Inc. boosted its stake in AptarGroup by 1.3% in the 1st quarter. Koshinski Asset Management Inc. now owns 7,818 shares of the industrial products company’s stock worth $1,160,000 after purchasing an additional 104 shares in the last quarter. Simplex Trading LLC boosted its stake in AptarGroup by 107.4% in the 1st quarter. Simplex Trading LLC now owns 224 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 116 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in AptarGroup by 1.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 9,515 shares of the industrial products company’s stock worth $1,412,000 after purchasing an additional 127 shares in the last quarter. Institutional investors own 88.52% of the company’s stock.
Insider Activity at AptarGroup
In other news, insider Shiela Vinczeller sold 1,167 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $137.97, for a total value of $161,010.99. Following the transaction, the insider owned 25,134 shares in the company, valued at $3,467,737.98. This represents a 4.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Gael Touya sold 2,500 shares of the 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 completion of the transaction, the insider 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 can be found here. 0.68% of the stock is owned by corporate insiders.
AptarGroup Price Performance
AptarGroup (NYSE:ATR – Get Free Report) last posted its earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.08. The business had revenue of $966.01 million for the quarter, compared to analysts’ expectations of $954.06 million. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.41 EPS. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. As a group, analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.
AptarGroup Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Stockholders of record on Thursday, October 23rd will be paid a $0.48 dividend. This is a boost from AptarGroup’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, October 23rd. This represents a $1.92 annualized dividend and a dividend yield of 1.5%. AptarGroup’s dividend payout ratio (DPR) is currently 30.98%.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on ATR shares. Wells Fargo & Company dropped their price target on shares of AptarGroup from $153.00 to $152.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 10th. KeyCorp started coverage on shares of AptarGroup in a research note on Wednesday, September 3rd. They issued an “overweight” rating and a $220.00 price target on the stock. Raymond James Financial restated an “outperform” rating and set a $172.00 target price (down previously from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. Finally, Weiss Ratings cut shares of AptarGroup from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $175.40.
Check Out Our Latest Research Report on AptarGroup
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.
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