Curi RMB Capital LLC Has $18.45 Million Stake in AptarGroup, Inc. $ATR

Key Points

• Curi RMB Capital LLC increased its shares in AptarGroup, Inc. by 3.9%, owning a total of 124,327 shares valued at $18.4 million.
• Several institutional investors, including Victory Capital Management and Fiduciary Management, also raised their stakes, indicating strong interest in the company among hedge funds.
• AptarGroup reported strong quarterly earnings, with $1.66 earnings per share, surpassing estimates, and a revenue increase of 6.1% year-over-year.

Curi RMB Capital LLC boosted its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 3.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 124,327 shares of the industrial products company's stock after acquiring an additional 4,640 shares during the period. Curi RMB Capital LLC owned approximately 0.19% of AptarGroup worth $18,448,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ATR. Bank of America Corp DE lifted its holdings in AptarGroup by 297.2% during the fourth quarter. Bank of America Corp DE now owns 473,021 shares of the industrial products company's stock worth $74,312,000 after acquiring an additional 353,935 shares in the last quarter. Banque Transatlantique SA acquired a new stake in shares of AptarGroup in the 1st quarter valued at about $41,728,000. Victory Capital Management Inc. raised its stake in shares of AptarGroup by 12.6% in the 1st quarter. Victory Capital Management Inc. now owns 2,219,191 shares of the industrial products company's stock valued at $329,284,000 after purchasing an additional 247,519 shares during the period. Fiduciary Management Inc. WI raised its stake in shares of AptarGroup by 40.8% in the 1st quarter. Fiduciary Management Inc. WI now owns 767,636 shares of the industrial products company's stock valued at $113,902,000 after purchasing an additional 222,577 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of AptarGroup by 20,143.0% in the 1st quarter. GAMMA Investing LLC now owns 202,835 shares of the industrial products company's stock valued at $300,970,000 after purchasing an additional 201,833 shares during the period. 88.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ATR has been the topic of a number of recent research reports. Raymond James Financial reaffirmed an "outperform" rating and issued a $172.00 target price (down previously from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. Wall Street Zen raised AptarGroup from a "hold" rating to a "buy" rating in a research report on Wednesday, May 14th. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $153.00 target price (down previously from $173.00) on shares of AptarGroup in a research report on Monday, August 4th. Finally, KeyCorp initiated coverage on AptarGroup in a research report on Wednesday, September 3rd. They issued an "overweight" rating and a $220.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $182.17.

AptarGroup Price Performance

ATR stock traded down $0.14 during midday trading on Monday, reaching $138.48. 616,104 shares of the stock were exchanged, compared to its average volume of 387,326. The stock has a market capitalization of $9.12 billion, a PE ratio of 23.83, a P/E/G ratio of 2.86 and a beta of 0.57. AptarGroup, Inc. has a 52 week low of $130.85 and a 52 week high of $178.03. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.21 and a quick ratio of 0.83. The company has a fifty day moving average price of $148.55 and a 200 day moving average price of $149.25.

AptarGroup (NYSE:ATR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 earnings per share for the quarter, topping analysts' consensus estimates 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 previous year, the company posted $1.41 EPS. AptarGroup'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 fiscal year.

AptarGroup Announces Dividend

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

Insider Transactions at AptarGroup

In related news, insider Shiela Vinczeller sold 1,167 shares of the business's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $137.97, for a total value of $161,010.99. Following the completion of the sale, the insider directly owned 25,134 shares of the company's stock, valued at $3,467,737.98. The trade was a 4.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Kimberly Chainey sold 1,671 shares of the business's stock in a transaction dated 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 directly owned 11,088 shares of the company's stock, valued at $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. Insiders own 0.68% of the company's stock.

AptarGroup 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.