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

Key Points

• AptarGroup, Inc. has received a consensus recommendation of "Buy" from analysts, with an average price target of $182.00.
• The company recently declared an increased quarterly dividend of $0.48, up from $0.45, indicating a solid 1.4% yield.
• AptarGroup reported a 6.1% increase in revenue year-over-year, achieving $966.01 million and surpassing analysts' expectations.

AptarGroup, Inc. (NYSE:ATR - Get Free Report) has been assigned a consensus recommendation of "Buy" from the seven analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $182.00.

A number of brokerages have recently weighed in on ATR. Wells Fargo & Company cut their target price on shares of AptarGroup from $153.00 to $152.00 and set an "overweight" rating on the stock in a research note on Wednesday, September 10th. Raymond James Financial reissued an "outperform" rating and set a $172.00 price objective (down previously from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. Finally, KeyCorp started coverage on shares of AptarGroup in a research note on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 price objective on the stock.

Insider Activity

In related news, insider Gael Touya sold 2,500 shares of the business's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $136.12, for a total transaction of $340,300.00. Following the sale, the insider owned 31,463 shares of the company's stock, valued at $4,282,743.56. The trade was a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Shiela Vinczeller sold 1,167 shares of the business's 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 sale, the insider directly owned 25,134 shares in the company, valued at $3,467,737.98. The trade was a 4.44% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ATR. Mercer Global Advisors Inc. ADV bought a new position in shares of AptarGroup in the fourth quarter worth approximately $295,000. Captrust Financial Advisors lifted its stake in shares of AptarGroup by 2.6% in the fourth quarter. Captrust Financial Advisors now owns 4,691 shares of the industrial products company's stock worth $737,000 after buying an additional 121 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of AptarGroup by 102.4% in the fourth quarter. Cetera Investment Advisers now owns 3,117 shares of the industrial products company's stock worth $490,000 after buying an additional 1,577 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of AptarGroup by 2.8% in the fourth quarter. Janus Henderson Group PLC now owns 29,527 shares of the industrial products company's stock worth $4,633,000 after buying an additional 800 shares in the last quarter. Finally, Lazard Asset Management LLC raised its holdings in shares of AptarGroup by 13.9% during the fourth quarter. Lazard Asset Management LLC now owns 27,709 shares of the industrial products company's stock valued at $4,352,000 after purchasing an additional 3,390 shares during the last quarter. Institutional investors own 88.52% of the company's stock.

AptarGroup Trading Down 0.3%

Shares of ATR stock traded down $0.44 during mid-day trading on Friday, reaching $134.79. The stock had a trading volume of 298,033 shares, compared to its average volume of 416,543. The stock's 50-day moving average price is $145.75 and its two-hundred day moving average price is $148.84. AptarGroup has a 52-week low of $130.85 and a 52-week high of $178.03. The firm has a market capitalization of $8.88 billion, a PE ratio of 23.20, a price-to-earnings-growth ratio of 2.79 and a beta of 0.57. 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 - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.08. The firm had revenue of $966.01 million for the quarter, compared to analysts' expectations of $954.06 million. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The company's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.41 earnings per share. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Equities analysts expect that AptarGroup will post 5.57 earnings per share for the current fiscal year.

AptarGroup Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, October 23rd. This is an increase from AptarGroup's previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a yield of 1.4%. AptarGroup's payout ratio is presently 30.98%.

AptarGroup Company Profile

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.