AptarGroup, Inc. $ATR Shares Acquired by Bank of America Corp DE

Key Points

• Bank of America increased its AptarGroup stake by 7.2% in the first quarter to 485,718 shares valued at approximately $61.2 million. Institutional investors and hedge funds collectively own 88.52% of the company.
• Analysts maintain a generally positive outlook, with five Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $172.80. Bank of America upgraded the stock to Buy with a $173 target.
• AptarGroup exceeded quarterly expectations with adjusted EPS of $1.42 versus the $1.35 consensus and revenue of $1.03 billion. The company also declared a quarterly dividend of $0.48 per share, equating to a 1.4% annualized yield.

Bank of America Corp DE boosted its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 7.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 485,718 shares of the industrial products company's stock after buying an additional 32,420 shares during the quarter. Bank of America Corp DE owned 0.76% of AptarGroup worth $61,210,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Edgestream Partners L.P. grew its stake in AptarGroup by 66.5% during the 1st quarter. Edgestream Partners L.P. now owns 24,308 shares of the industrial products company's stock valued at $3,063,000 after purchasing an additional 9,706 shares in the last quarter. Janus Henderson Group PLC lifted its position in shares of AptarGroup by 6.4% in the 1st quarter. Janus Henderson Group PLC now owns 30,127 shares of the industrial products company's stock worth $3,799,000 after buying an additional 1,800 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in AptarGroup by 53.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,491 shares of the industrial products company's stock valued at $188,000 after acquiring an additional 521 shares during the period. California State Teachers Retirement System boosted its position in AptarGroup by 24.4% during the 1st quarter. California State Teachers Retirement System now owns 77,227 shares of the industrial products company's stock valued at $9,732,000 after purchasing an additional 15,158 shares during the period. Finally, Empowered Funds LLC grew its position in shares of AptarGroup by 125.1% during the first quarter. Empowered Funds LLC now owns 7,483 shares of the industrial products company's stock worth $943,000 after acquiring an additional 4,158 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on ATR. Zacks Research upgraded AptarGroup from a "strong sell" rating to a "hold" rating in a research report on Monday, May 4th. Bank of America upgraded shares of AptarGroup from a "neutral" rating to a "buy" rating and set a $173.00 target price on the stock in a report on Tuesday, July 14th. Weiss Ratings reissued a "hold (c)" rating on shares of AptarGroup in a research note on Wednesday, June 24th. Wells Fargo & Company raised their target price on shares of AptarGroup from $145.00 to $155.00 and gave the stock an "overweight" rating in a report on Monday, August 3rd. Finally, Raymond James Financial restated an "outperform" rating and issued a $160.00 price target on shares of AptarGroup in a research report on Wednesday, July 15th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $172.80.

Insider Activity

In other AptarGroup news, insider Shiela Vinczeller sold 3,555 shares of the business's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $112.61, for a total transaction of $400,328.55. Following the sale, the insider directly owned 27,078 shares of the company's stock, valued at $3,049,253.58. The trade was a 11.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Stephan B. Tanda sold 9,838 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $136.16, for a total value of $1,339,542.08. Following the completion of the sale, the chief executive officer owned 238,729 shares of the company's stock, valued at $32,505,340.64. The trade was a 3.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,247 shares of company stock worth $2,935,161 over the last 90 days. 0.73% of the stock is owned by company insiders.

AptarGroup Trading Down 1.6%

Shares of ATR opened at $133.27 on Tuesday. The business's 50-day moving average price is $125.84 and its 200 day moving average price is $127.15. The stock has a market capitalization of $8.47 billion, a P/E ratio of 24.10, a P/E/G ratio of 3.34 and a beta of 0.39. AptarGroup, Inc. has a 1-year low of $103.23 and a 1-year high of $146.91. The company has a current ratio of 1.61, a quick ratio of 1.10 and a debt-to-equity ratio of 0.42.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.42 EPS for the quarter, beating analysts' consensus estimates of $1.35 by $0.07. AptarGroup had a net margin of 9.22% and a return on equity of 13.31%. The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the firm earned $1.66 earnings per share. The business's quarterly revenue was up 6.3% on a year-over-year basis. AptarGroup has set its Q3 2026 guidance at 1.450-1.530 EPS. Analysts expect that AptarGroup, Inc. will post 5.47 earnings per share for the current year.

AptarGroup Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, July 30th will be issued a dividend of $0.48 per share. The ex-dividend date is Thursday, July 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. AptarGroup's payout ratio is currently 34.72%.

AptarGroup Profile

AptarGroup, Inc is a global provider of advanced dispensing, sealing and protection solutions for consumer and pharmaceutical markets. The company designs and manufactures a broad portfolio of products that enable the controlled delivery of liquids, gels, powders and aerosols. Its customer base spans beauty and personal care, home care, food and beverage, and pharmaceutical sectors, where innovation in packaging and drug‐delivery devices drives brand differentiation and regulatory compliance.

In the consumer markets, AptarGroup offers pumps, actuators, valves, closures and specialized bottles engineered for precision, convenience and sustainability.

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