Allianz Asset Management GmbH Acquires 6,320 Shares of AptarGroup, Inc. $ATR

Allianz Asset Management GmbH raised its holdings in shares of AptarGroup, Inc. (NYSE:ATRFree Report) by 143.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,724 shares of the industrial products company’s stock after purchasing an additional 6,320 shares during the quarter. Allianz Asset Management GmbH’s holdings in AptarGroup were worth $1,678,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ATR. Simplex Trading LLC increased its stake in AptarGroup by 107.4% during the 1st 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. SVB Wealth LLC bought a new stake in shares of AptarGroup in the 1st quarter worth $33,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of AptarGroup by 281.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 234 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of AptarGroup by 164.8% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 331 shares of the industrial products company’s stock worth $52,000 after acquiring an additional 206 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of AptarGroup in the 2nd quarter worth $74,000. Institutional investors own 88.52% of the company’s stock.

Insider Transactions at AptarGroup

In other news, insider Gael Touya sold 2,500 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $136.12, for a total value of $340,300.00. Following the sale, the insider directly owned 31,463 shares of the company’s stock, valued at approximately $4,282,743.56. This represents a 7.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Shiela Vinczeller sold 1,167 shares of the stock in a transaction dated Friday, September 5th. The stock was 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Wells Fargo & Company reduced their target price on shares of AptarGroup from $153.00 to $152.00 and set an “overweight” rating for the company in a research note on Wednesday, September 10th. KeyCorp began coverage on shares of AptarGroup in a research report on Wednesday, September 3rd. They set an “overweight” rating and a $220.00 price target for the company. Weiss Ratings restated a “hold (c+)” rating on shares of AptarGroup in a research report on Friday. Finally, Raymond James Financial restated 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. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, AptarGroup currently has an average rating of “Moderate Buy” and a consensus price target of $175.40.

View Our Latest Stock Report on AptarGroup

AptarGroup Price Performance

NYSE ATR opened at $128.74 on Friday. The company has a market cap of $8.48 billion, a PE ratio of 22.16, a price-to-earnings-growth ratio of 2.65 and a beta of 0.55. AptarGroup, Inc. has a 52 week low of $127.85 and a 52 week high of $178.03. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.20. The firm’s 50-day simple moving average is $134.41 and its two-hundred day simple moving average is $145.91.

AptarGroup (NYSE:ATRGet Free Report) last released 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 business had revenue of $966.01 million for the quarter, compared to the consensus estimate of $954.06 million. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The company’s revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.41 earnings per share. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Research analysts predict that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 13th. Stockholders of record on Thursday, October 23rd will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, October 23rd. This is a positive change from AptarGroup’s previous quarterly dividend of $0.45. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.5%. AptarGroup’s payout ratio is currently 33.05%.

AptarGroup Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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