Acadian Asset Management LLC Lowers Position in AptarGroup, Inc. $ATR

Key Points

• Acadian Asset Management LLC has decreased its stake in AptarGroup, Inc. by 10.1%, now holding 482,937 shares worth approximately $71.6 million.
• Several institutional investors have increased their stakes in AptarGroup, including Simplex Trading LLC, which boosted its holding by 107.4%, and Northwestern Mutual Wealth Management, which increased its stake by 281.9%.
• AptarGroup recently declared a quarterly dividend of $0.48 per share, reflecting a positive change from the previous dividend and indicating a 1.4% yield for shareholders.

Acadian Asset Management LLC cut its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 10.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 482,937 shares of the industrial products company's stock after selling 54,365 shares during the quarter. Acadian Asset Management LLC owned approximately 0.73% of AptarGroup worth $71,645,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Simplex Trading LLC increased its position in shares of AptarGroup by 107.4% in the first 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 in the last quarter. SVB Wealth LLC purchased a new stake in shares of AptarGroup in the first quarter valued at approximately $33,000. MassMutual Private Wealth & Trust FSB increased its position in shares of AptarGroup by 155.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 278 shares of the industrial products company's stock valued at $41,000 after buying an additional 169 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of AptarGroup by 281.9% in the first 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 in the last quarter. Finally, UMB Bank n.a. increased its position in shares of AptarGroup by 116.9% in the first quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock valued at $89,000 after buying an additional 325 shares in the last quarter. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on ATR. Raymond James Financial restated an "outperform" rating and issued a $172.00 price objective (down from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. Wells Fargo & Company cut their price objective on AptarGroup from $153.00 to $152.00 and set an "overweight" rating for the company in a research report on Wednesday. Finally, KeyCorp assumed coverage on AptarGroup in a research report on Wednesday, September 3rd. They issued an "overweight" rating and a $220.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, AptarGroup presently has a consensus rating of "Buy" and an average price target of $182.00.

AptarGroup Price Performance

ATR traded down $1.68 during trading on Friday, reaching $135.42. The company's stock had a trading volume of 261,317 shares, compared to its average volume of 442,002. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.20. The firm has a fifty day simple moving average of $146.27 and a two-hundred day simple moving average of $148.90. AptarGroup, Inc. has a 1 year low of $130.85 and a 1 year high of $178.03. The company has a market cap of $8.92 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 2.83 and a beta of 0.57.

AptarGroup (NYSE:ATR - Get Free Report) last issued its earnings results 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. The company had revenue of $966.01 million during the quarter, compared to analysts' expectations of $954.06 million. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The firm's quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.41 EPS. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. As a group, analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 13th. Shareholders of record on Thursday, October 23rd will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.4%. The ex-dividend date is Thursday, October 23rd. This is an increase from AptarGroup's previous quarterly dividend of $0.45. AptarGroup's dividend payout ratio (DPR) is currently 30.98%.

Insider Buying and Selling at AptarGroup

In other AptarGroup news, insider Gael Touya sold 2,500 shares of the company's 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 completion of the sale, the insider directly owned 31,463 shares in the company, valued at $4,282,743.56. This represents a 7.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 shares were 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 of the company's stock, valued at approximately $3,467,737.98. The trade was 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 corporate insiders.

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.