AptarGroup, Inc. (NYSE:ATR) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of AptarGroup, Inc. (NYSE:ATR) have been given an average rating of “Moderate Buy” by the six analysts that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $175.40.

Several brokerages recently issued reports on ATR. KeyCorp began coverage on AptarGroup in a research report on Wednesday, September 3rd. They set an “overweight” rating and a $220.00 target price on the stock. Wells Fargo & Company cut their price objective on AptarGroup from $153.00 to $152.00 and set an “overweight” rating on the stock in a report on Wednesday, September 10th. Raymond James Financial reissued an “outperform” rating and issued a $172.00 price objective (down from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Finally, Weiss Ratings lowered AptarGroup from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 8th.

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 stock was sold at an average price of $136.12, for a total value of $340,300.00. Following the transaction, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shiela Vinczeller sold 1,167 shares of the stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $137.97, for a total value of $161,010.99. Following the completion of the transaction, the insider directly owned 25,134 shares in the company, valued at $3,467,737.98. This represents a 4.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.68% of the stock is currently owned by corporate insiders.

Institutional Trading of AptarGroup

A number of hedge funds have recently modified their holdings of ATR. DAVENPORT & Co LLC boosted its stake in shares of AptarGroup by 4.6% in the first quarter. DAVENPORT & Co LLC now owns 5,761 shares of the industrial products company’s stock worth $855,000 after buying an additional 251 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of AptarGroup by 0.3% in the first quarter. Principal Financial Group Inc. now owns 152,984 shares of the industrial products company’s stock worth $22,700,000 after buying an additional 504 shares during the last quarter. OneDigital Investment Advisors LLC boosted its stake in shares of AptarGroup by 23.2% in the first quarter. OneDigital Investment Advisors LLC now owns 2,548 shares of the industrial products company’s stock worth $378,000 after buying an additional 480 shares during the last quarter. EULAV Asset Management boosted its stake in shares of AptarGroup by 7.0% in the first quarter. EULAV Asset Management now owns 308,228 shares of the industrial products company’s stock worth $45,735,000 after buying an additional 20,103 shares during the last quarter. Finally, Bridges Investment Management Inc. boosted its stake in shares of AptarGroup by 0.8% in the first quarter. Bridges Investment Management Inc. now owns 213,473 shares of the industrial products company’s stock worth $31,675,000 after buying an additional 1,755 shares during the last quarter. Hedge funds and other institutional investors own 88.52% of the company’s stock.

AptarGroup Stock Performance

NYSE:ATR opened at $115.89 on Friday. The stock has a 50-day moving average price of $132.82 and a 200 day moving average price of $145.23. AptarGroup has a 12-month low of $103.23 and a 12-month high of $178.03. The stock has a market capitalization of $7.63 billion, a P/E ratio of 19.95, a P/E/G ratio of 2.55 and a beta of 0.55. The company has a current ratio of 1.21, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20.

AptarGroup (NYSE:ATR) last announced its earnings results on Thursday, October 30th. The industrial products company reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $950.55 million. During the same period in the prior year, the company posted $1.49 EPS. The firm’s quarterly 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. Equities research analysts forecast that AptarGroup will post 5.57 EPS for the current fiscal year.

AptarGroup Increases Dividend

The company also recently disclosed 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. This is a boost from AptarGroup’s previous quarterly dividend of $0.45. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, October 23rd. AptarGroup’s dividend payout ratio is currently 33.05%.

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.