AptarGroup (NYSE:ATR) Given New $145.00 Price Target at Robert W. Baird

AptarGroup (NYSE:ATR) had its price objective cut by Robert W. Baird from $160.00 to $145.00 in a research report released on Monday, MarketBeat.com reports. They currently have an outperform rating on the industrial products company’s stock.

A number of other equities research analysts have also recently issued reports on the company. Weiss Ratings cut AptarGroup from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Wells Fargo & Company lowered their price objective on AptarGroup from $153.00 to $152.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 10th. KeyCorp began coverage on AptarGroup in a research note on Wednesday, September 3rd. They issued an “overweight” rating and a $220.00 price objective on the stock. Finally, Raymond James Financial reiterated an “outperform” rating and set a $172.00 price target (down from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $168.60.

AptarGroup Trading Down 2.5%

Shares of AptarGroup stock opened at $113.14 on Monday. AptarGroup has a 52-week low of $103.23 and a 52-week high of $178.03. The stock’s 50-day simple moving average is $132.29 and its 200 day simple moving average is $145.02. The stock has a market capitalization of $7.45 billion, a P/E ratio of 19.47, a P/E/G ratio of 2.55 and a beta of 0.55. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.21.

AptarGroup (NYSE:ATR) last announced its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.62 earnings per share (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 business had revenue of $961.13 million for the quarter, compared to analysts’ expectations of $950.55 million. During the same period in the previous year, the business 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. As a group, research analysts anticipate that AptarGroup will post 5.57 EPS 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 1.7%. AptarGroup’s payout ratio is currently 30.72%.

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 SEC filing for this sale provides additional information. Corporate insiders own 0.68% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Hall Laurie J Trustee increased its position in shares of AptarGroup by 0.3% in the third quarter. Hall Laurie J Trustee now owns 26,885 shares of the industrial products company’s stock worth $3,593,000 after purchasing an additional 85 shares during the last quarter. Bridge Creek Capital Management LLC increased its position in shares of AptarGroup by 0.3% in the third quarter. Bridge Creek Capital Management LLC now owns 26,402 shares of the industrial products company’s stock worth $3,529,000 after purchasing an additional 91 shares during the last quarter. Louisiana State Employees Retirement System increased its position in shares of AptarGroup by 0.5% in the first 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 during the last quarter. Exchange Traded Concepts LLC increased its position in shares of AptarGroup by 1.9% in the second 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 during the last quarter. Finally, Vident Advisory LLC increased its position in shares of AptarGroup by 5.1% in the second quarter. Vident Advisory LLC now owns 2,304 shares of the industrial products company’s stock worth $360,000 after purchasing an additional 112 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors.

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.