Notis McConarty Edward acquired a new position in shares of AptarGroup, Inc. (NYSE:ATR – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 36,484 shares of the industrial products company’s stock, valued at approximately $4,568,000. AptarGroup accounts for about 2.0% of Notis McConarty Edward’s holdings, making the stock its 19th biggest holding. Notis McConarty Edward owned 0.06% of AptarGroup as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of AptarGroup in the second quarter valued at $768,464,000. River Road Asset Management LLC bought a new stake in shares of AptarGroup in the 4th quarter worth about $111,919,000. Norges Bank purchased a new position in shares of AptarGroup during the 4th quarter worth about $91,097,000. Bank of New York Mellon Corp purchased a new position in shares of AptarGroup during the 2nd quarter worth about $59,778,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of AptarGroup by 35.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,300,801 shares of the industrial products company’s stock worth $158,649,000 after purchasing an additional 341,440 shares during the period. Institutional investors own 88.52% of the company’s stock.
Insider Transactions at AptarGroup
In related news, CEO Stephan B. Tanda sold 9,838 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $136.16, for a total value of $1,339,542.08. Following the transaction, the chief executive officer owned 238,729 shares of the company’s stock, valued at $32,505,340.64. This represents a 3.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shiela Vinczeller sold 3,555 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $112.61, for a total value of $400,328.55. Following the completion of the transaction, the insider directly owned 27,078 shares in the company, valued at approximately $3,049,253.58. This trade represents a 11.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 22,247 shares of company stock valued at $2,935,161. 0.73% of the stock is currently owned by company insiders.
AptarGroup Stock Up 1.0%
AptarGroup (NYSE:ATR – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.35 by $0.07. AptarGroup had a net margin of 9.22% and a return on equity of 13.31%. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the firm posted $1.66 EPS. The firm’s revenue was up 6.3% compared to the same quarter last year. AptarGroup has set its Q3 2026 guidance at 1.450-1.530 EPS. Equities research analysts expect that AptarGroup, Inc. will post 5.48 earnings per share for the current year.
AptarGroup Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, July 30th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. AptarGroup’s dividend payout ratio (DPR) is 34.72%.
Analyst Upgrades and Downgrades
ATR has been the topic of a number of recent analyst reports. Bank of America raised shares of AptarGroup from a “neutral” rating to a “buy” rating and set a $173.00 price objective on the stock in a research report on Tuesday, July 14th. Zacks Research upgraded AptarGroup from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Wells Fargo & Company upped their target price on AptarGroup from $145.00 to $155.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of AptarGroup in a report on Wednesday, June 24th. Finally, Raymond James Financial reissued an “outperform” rating and set a $160.00 price target on shares of AptarGroup in a research note on Wednesday, July 15th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $172.80.
Read Our Latest Analysis on ATR
About AptarGroup
AptarGroup, Inc is a global provider of advanced dispensing, sealing and protection solutions for consumer and pharmaceutical markets. The company designs and manufactures a broad portfolio of products that enable the controlled delivery of liquids, gels, powders and aerosols. Its customer base spans beauty and personal care, home care, food and beverage, and pharmaceutical sectors, where innovation in packaging and drug‐delivery devices drives brand differentiation and regulatory compliance.
In the consumer markets, AptarGroup offers pumps, actuators, valves, closures and specialized bottles engineered for precision, convenience and sustainability.
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