American Century Companies Inc. Decreases Position in AptarGroup, Inc. $ATR

Key Points

• American Century Companies Inc. reduced its holdings in AptarGroup, Inc. by 47.9%, owning around 0.43% of the company after selling approximately 261,521 shares during the first quarter.
• AptarGroup, Inc. recently reported earnings per share of $1.66, exceeding analysts' expectations and showing a 6.1% year-over-year revenue growth to $966.01 million.
• The company announced a quarterly dividend of $0.45 per share, resulting in an annualized yield of 1.3%, while maintaining a payout ratio of 30.98%.

American Century Companies Inc. cut its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 47.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 284,842 shares of the industrial products company's stock after selling 261,521 shares during the quarter. American Century Companies Inc. owned approximately 0.43% of AptarGroup worth $42,265,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Simplex Trading LLC boosted its stake in AptarGroup by 107.4% in the 1st quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock worth $33,000 after purchasing an additional 116 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in AptarGroup by 155.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 278 shares of the industrial products company's stock worth $41,000 after purchasing an additional 169 shares during the period. Johnson Financial Group Inc. bought a new position in AptarGroup in the 4th quarter worth approximately $75,000. UMB Bank n.a. boosted its stake in AptarGroup by 116.9% in the 1st quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock worth $89,000 after purchasing an additional 325 shares during the period. Finally, State of Wyoming bought a new position in AptarGroup in the 4th quarter worth approximately $97,000. 88.52% of the stock is currently owned by institutional investors.

AptarGroup Stock Performance

NYSE ATR traded down $2.3370 on Monday, hitting $139.0930. 109,200 shares of the company's stock traded hands, compared to its average volume of 383,150. 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, Inc. has a 1-year low of $130.85 and a 1-year high of $178.03. The firm's 50-day moving average price is $151.32 and its two-hundred day moving average price is $149.67. The firm has a market capitalization of $9.16 billion, a PE ratio of 23.96, a P/E/G ratio of 2.93 and a beta of 0.57.

AptarGroup (NYSE:ATR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The business had revenue of $966.01 million for the quarter, compared to analyst estimates of $954.06 million. During the same quarter in the prior year, the firm posted $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. As a group, analysts expect that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, July 24th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, July 24th. AptarGroup's dividend payout ratio is currently 30.98%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ATR. Wells Fargo & Company reaffirmed an "overweight" rating and set a $153.00 price objective (down from $173.00) on shares of AptarGroup in a report on Monday, August 4th. Wall Street Zen raised AptarGroup from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $172.00 price target (down previously from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, AptarGroup presently has an average rating of "Buy" and a consensus target price of $174.60.

Insider Buying and Selling at AptarGroup

In related news, insider Gael Touya sold 3,300 shares of the stock in a transaction on Friday, June 6th. The stock was sold at an average price of $152.62, for a total value of $503,646.00. Following the completion of the transaction, the insider directly owned 33,963 shares of the company's stock, valued at approximately $5,183,433.06. This represents a 8.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kimberly Chainey sold 1,671 shares of the company's stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $152.79, for a total value of $255,312.09. Following the completion of the sale, the executive vice president owned 11,088 shares of the company's stock, valued at approximately $1,694,135.52. The trade was a 13.10% 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.

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.