AptarGroup (NYSE:ATR) Sets New 12-Month Low - Here's What Happened

Key Points

• AptarGroup's share price reached a new 12-month low of $129.28, after trading as low as $129.49 on Tuesday, indicating a decline in market performance.
• Analysts have mixed ratings for AptarGroup, with one assigning a Strong Buy rating, four giving Buy ratings, and two providing a Hold rating, while the consensus price target is $175.40.
• The company recently declared an increased quarterly dividend of $0.48 per share, representing an annualized yield of 1.5%, which is a positive signal for investors.

AptarGroup, Inc. (NYSE:ATR - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $129.49 and last traded at $129.28, with a volume of 48917 shares traded. The stock had previously closed at $130.22.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. KeyCorp started coverage on AptarGroup in a research report on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 price objective for the company. Weiss Ratings downgraded AptarGroup from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, October 8th. Wells Fargo & Company cut their price target on AptarGroup from $153.00 to $152.00 and set an "overweight" rating for the company in a report on Wednesday, September 10th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $172.00 price target (down from $182.00) on shares of AptarGroup in a report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, AptarGroup currently has a consensus rating of "Moderate Buy" and a consensus price target of $175.40.

AptarGroup Price Performance

The company's 50 day moving average price is $136.25 and its 200-day moving average price is $146.73. The company has a market capitalization of $8.58 billion, a PE ratio of 22.40, a PEG ratio of 2.69 and a beta of 0.55. 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 announced its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.08. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The company had revenue of $966.01 million during the quarter, compared to analysts' expectations of $954.06 million. During the same period in the previous year, the company earned $1.41 EPS. The business's quarterly 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 forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be given a dividend of $0.48 per share. This is a positive change from AptarGroup's previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, October 23rd. This represents a $1.92 dividend on an annualized basis and a yield of 1.5%. AptarGroup's dividend payout ratio is currently 30.98%.

Insiders Place Their Bets

In related news, insider Gael Touya sold 2,500 shares of the company's stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $136.12, for a total transaction of $340,300.00. Following the completion of 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shiela Vinczeller sold 1,167 shares of the company's stock in a transaction on 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 of the company's stock, valued at approximately $3,467,737.98. This trade 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 currently owned by corporate insiders.

Institutional Trading of AptarGroup

A number of institutional investors have recently added to or reduced their stakes in ATR. Simplex Trading LLC boosted its position in AptarGroup by 107.4% in the 1st quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock valued at $33,000 after buying an additional 116 shares during the last quarter. SVB Wealth LLC purchased a new position in AptarGroup in the 1st quarter valued at about $33,000. Northwestern Mutual Wealth Management Co. boosted its position in AptarGroup by 281.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company's stock valued at $47,000 after buying an additional 234 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in AptarGroup by 164.8% in 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 buying an additional 206 shares during the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new position in AptarGroup in the 2nd quarter valued at about $74,000. 88.52% of the stock is owned by hedge funds and other institutional investors.

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.

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