AptarGroup, Inc. $ATR Shares Sold by Allspring Global Investments Holdings LLC

Key Points

• Allspring Global Investments Holdings LLC reduced its stake in AptarGroup, Inc. by 10.5%, selling 99,711 shares to hold approximately 1.29% of the company, worth $135.7 million.
• AptarGroup recently declared a quarterly dividend of $0.48 per share, an increase from the previous $0.45, reflecting a 1.5% dividend yield.
• The company's latest earnings report showed $1.66 earnings per share, exceeding estimates, with a net margin of 10.84% and a 6.1% year-over-year revenue increase.

Allspring Global Investments Holdings LLC lessened its position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 10.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 853,266 shares of the industrial products company's stock after selling 99,711 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 1.29% of AptarGroup worth $135,678,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ATR. Banque Transatlantique SA acquired a new stake in AptarGroup during the first quarter valued at $41,728,000. Victory Capital Management Inc. grew its position in AptarGroup by 12.6% during the first quarter. Victory Capital Management Inc. now owns 2,219,191 shares of the industrial products company's stock valued at $329,284,000 after buying an additional 247,519 shares during the period. Fiduciary Management Inc. WI grew its position in AptarGroup by 40.8% during the first quarter. Fiduciary Management Inc. WI now owns 767,636 shares of the industrial products company's stock valued at $113,902,000 after buying an additional 222,577 shares during the period. Nuveen LLC acquired a new stake in AptarGroup during the first quarter valued at $21,549,000. Finally, Segall Bryant & Hamill LLC acquired a new stake in AptarGroup during the first quarter valued at $20,082,000. Institutional investors and hedge funds own 88.52% of the company's stock.

AptarGroup Stock Performance

NYSE:ATR opened at $130.84 on Monday. The company's 50-day moving average price is $136.41 and its 200-day moving average price is $146.84. The company has a current ratio of 1.21, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20. The company has a market cap of $8.62 billion, a P/E ratio of 22.52, a P/E/G ratio of 2.69 and a beta of 0.55. AptarGroup, Inc. has a twelve month low of $129.81 and a twelve month high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.08. The firm had revenue of $966.01 million for the quarter, compared to the consensus estimate of $954.06 million. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The company's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period last year, the firm posted $1.41 earnings per share. 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. Stockholders of record on Thursday, October 23rd will be paid a $0.48 dividend. This is an increase from AptarGroup's previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, October 23rd. AptarGroup's payout ratio is 30.98%.

Insider Activity

In other news, insider Shiela Vinczeller sold 1,167 shares of the firm's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $137.97, for a total value of $161,010.99. Following the transaction, 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 transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Gael Touya sold 2,500 shares of AptarGroup stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $136.12, for a total transaction of $340,300.00. Following the transaction, the insider directly owned 31,463 shares in the company, valued at $4,282,743.56. This trade represents a 7.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.68% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on ATR shares. Weiss Ratings lowered shares of AptarGroup from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, October 8th. KeyCorp began coverage on shares of AptarGroup in a report on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 price objective on the stock. Raymond James Financial reaffirmed an "outperform" rating and set a $172.00 price objective (down from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Finally, Wells Fargo & Company decreased their price objective on shares of AptarGroup from $153.00 to $152.00 and set an "overweight" rating on the stock in a report on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $182.00.

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.

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