AptarGroup, Inc. (NYSE:ATR - Get Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as $130.27 and last traded at $130.82, with a volume of 24493 shares traded. The stock had previously closed at $131.50.
Wall Street Analyst Weigh In
ATR has been the subject of a number of research analyst reports. Raymond James Financial reiterated an "outperform" rating and set a $172.00 price target (down from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Wells Fargo & Company decreased their target price on AptarGroup from $153.00 to $152.00 and set an "overweight" rating on the stock in a report on Wednesday, September 10th. Finally, KeyCorp began coverage on AptarGroup in a research note on Wednesday, September 3rd. They issued an "overweight" rating and a $220.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, AptarGroup currently has an average rating of "Buy" and a consensus price target of $182.00.
Get Our Latest Stock Report on AptarGroup
AptarGroup Trading Down 0.5%
The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.21. The business has a 50 day moving average of $142.39 and a two-hundred day moving average of $148.10. The firm has a market capitalization of $8.62 billion, a price-to-earnings ratio of 22.52, a P/E/G ratio of 2.72 and a beta of 0.57.
AptarGroup (NYSE:ATR - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.08. The business had revenue of $966.01 million during the quarter, compared to analyst estimates of $954.06 million. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.AptarGroup's revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.41 earnings per share. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Equities analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.
AptarGroup Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Shareholders of record on Thursday, October 23rd will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.5%. 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. AptarGroup's payout ratio is presently 30.98%.
Insider Buying and Selling
In related news, insider Gael Touya sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $136.12, for a total value of $340,300.00. Following the completion of the transaction, the insider directly owned 31,463 shares in the company, valued at $4,282,743.56. The trade was a 7.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shiela Vinczeller sold 1,167 shares of the business's stock in a transaction on Friday, September 5th. The shares were sold at an average price of $137.97, for a total transaction of $161,010.99. Following the sale, the insider owned 25,134 shares of the company's stock, valued at approximately $3,467,737.98. This represents a 4.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.
Hedge Funds Weigh In On AptarGroup
A number of institutional investors have recently modified their holdings of ATR. Cetera Investment Advisers lifted its stake in shares of AptarGroup by 102.4% during 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 during the period. State of Wyoming purchased a new stake in shares of AptarGroup during the fourth quarter worth about $97,000. Voloridge Investment Management LLC acquired a new position in AptarGroup during the fourth quarter worth about $408,000. Forum Financial Management LP acquired a new position in AptarGroup during the fourth quarter worth about $221,000. Finally, Mackenzie Financial Corp boosted its holdings in AptarGroup by 412.4% in the 4th quarter. Mackenzie Financial Corp now owns 19,260 shares of the industrial products company's stock valued at $3,026,000 after purchasing an additional 15,501 shares during the last quarter. 88.52% of the stock is owned by hedge funds and other institutional investors.
About AptarGroup
(
Get Free Report)
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.
Further Reading
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