AptarGroup, Inc. $ATR Shares Sold by Puzo Michael J

Key Points

• Puzo Michael J has reduced its stake in AptarGroup, Inc. by 4.5%, now holding 70,890 shares, which accounts for 3.2% of its portfolio.
• AptarGroup reported a quarterly earnings per share (EPS) of $1.66, surpassing analysts' expectations, with a revenue of $966.01 million for the quarter.
• The company has announced an increase in its quarterly dividend to $0.48 per share, representing a 1.5% yield.

Puzo Michael J cut its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 4.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,890 shares of the industrial products company's stock after selling 3,338 shares during the quarter. AptarGroup accounts for 3.2% of Puzo Michael J's portfolio, making the stock its 13th largest position. Puzo Michael J owned 0.11% of AptarGroup worth $11,089,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Focus Partners Wealth boosted its holdings in AptarGroup by 94.4% in the first quarter. Focus Partners Wealth now owns 65,871 shares of the industrial products company's stock valued at $9,774,000 after purchasing an additional 31,985 shares during the last quarter. Simplex Trading LLC increased its holdings in AptarGroup by 107.4% during 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in AptarGroup by 8.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 228,066 shares of the industrial products company's stock worth $33,840,000 after purchasing an additional 18,315 shares during the last quarter. Royal Bank of Canada increased its holdings in AptarGroup by 4.8% during the 1st quarter. Royal Bank of Canada now owns 131,284 shares of the industrial products company's stock worth $19,480,000 after purchasing an additional 6,031 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in AptarGroup by 18.2% during the 1st quarter. Avantax Advisory Services Inc. now owns 2,256 shares of the industrial products company's stock worth $335,000 after purchasing an additional 348 shares during the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.

AptarGroup Trading Down 1.0%

NYSE:ATR opened at $130.50 on Wednesday. AptarGroup, Inc. has a 12-month low of $129.81 and a 12-month high of $178.03. The firm has a market capitalization of $8.60 billion, a P/E ratio of 22.46, a P/E/G ratio of 2.72 and a beta of 0.55. 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 business has a 50 day simple moving average of $137.66 and a 200 day simple moving average of $147.21.

AptarGroup (NYSE:ATR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $954.06 million. During the same quarter in the previous year, the firm posted $1.41 EPS. The business's revenue for the quarter was up 6.1% compared to the same quarter last year. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Equities research analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be given a dividend of $0.48 per share. The ex-dividend date is Thursday, October 23rd. This represents a $1.92 dividend on an annualized basis and a yield of 1.5%. This is an increase from AptarGroup's previous quarterly dividend of $0.45. AptarGroup's payout ratio is presently 30.98%.

Insider Buying and Selling

In related news, insider Gael Touya sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $136.12, for a total transaction of $340,300.00. Following the completion of the transaction, the insider owned 31,463 shares in the company, valued at $4,282,743.56. The trade was a 7.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shiela Vinczeller sold 1,167 shares of the business's stock in a transaction that occurred 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 transaction, the insider owned 25,134 shares of the company's stock, valued at $3,467,737.98. This represents a 4.44% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ATR shares. Weiss Ratings restated a "buy (b-)" rating on shares of AptarGroup in a report on Saturday, September 27th. Wells Fargo & Company lowered their price target on AptarGroup from $153.00 to $152.00 and set an "overweight" rating for the company in a report on Wednesday, September 10th. Raymond James Financial reiterated an "outperform" rating and issued a $172.00 price target (down from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Finally, KeyCorp assumed coverage on AptarGroup in a report on Wednesday, September 3rd. They issued an "overweight" rating and a $220.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, AptarGroup currently has a consensus rating of "Buy" and an average target price of $182.00.

About AptarGroup

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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