Kidder Stephen W trimmed its holdings in AptarGroup, Inc. (NYSE:ATR – Free Report) by 0.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,099 shares of the industrial products company’s stock after selling 549 shares during the quarter. AptarGroup makes up approximately 3.0% of Kidder Stephen W’s holdings, making the stock its 14th biggest position. Kidder Stephen W owned 0.10% of AptarGroup worth $9,871,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SVB Wealth LLC bought a new position in AptarGroup in the 1st quarter worth approximately $33,000. Simplex Trading LLC boosted its position in shares of 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 acquiring an additional 116 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of AptarGroup by 281.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company’s stock valued at $47,000 after acquiring an additional 234 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of AptarGroup by 164.8% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 331 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 206 shares during the last quarter. Finally, Steph & Co. bought a new position in shares of AptarGroup during the 2nd quarter valued at approximately $91,000. 88.52% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on ATR shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of AptarGroup in a research report on Saturday, September 27th. KeyCorp started coverage on AptarGroup in a research report on Wednesday, September 3rd. They set an “overweight” rating and a $220.00 target price for the company. Raymond James Financial reiterated an “outperform” rating and set a $172.00 target price (down from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. Finally, Wells Fargo & Company lowered their target price on AptarGroup from $153.00 to $152.00 and set an “overweight” rating for the company in a research report on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $182.00.
AptarGroup Stock Down 1.0%
Shares of ATR opened at $130.50 on Wednesday. The company has a market cap of $8.60 billion, a PE ratio of 22.46, a P/E/G ratio of 2.72 and a beta of 0.55. The business has a fifty day moving average of $137.66 and a 200 day moving average of $147.21. AptarGroup, Inc. has a 52-week low of $129.81 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.
AptarGroup (NYSE:ATR – Get Free Report) last released its earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The business had revenue of $966.01 million for the quarter, compared to analyst estimates of $954.06 million. During the same quarter last year, the firm posted $1.41 earnings per share. The business’s revenue was up 6.1% compared to the same quarter last year. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. On average, sell-side analysts expect that AptarGroup, Inc. will post 5.57 EPS for the current year.
AptarGroup Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 13th. Shareholders of record on Thursday, October 23rd will be paid a $0.48 dividend. The ex-dividend date 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 yield of 1.5%. AptarGroup’s payout ratio is 30.98%.
Insiders Place Their Bets
In other AptarGroup news, insider Gael Touya sold 2,500 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $136.12, for a total value of $340,300.00. Following the sale, the insider owned 31,463 shares in the company, valued at $4,282,743.56. This trade represents a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Shiela Vinczeller sold 1,167 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $137.97, for a total value of $161,010.99. Following the completion of the sale, the insider 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 disclosure for this sale can be found here. Company insiders own 0.68% 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.
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