Inspire Investing LLC Trims Stock Holdings in AptarGroup, Inc. $ATR

Key Points

• Inspire Investing LLC has significantly reduced its holdings in AptarGroup, Inc. by 68.9%, ending the first quarter with 2,118 shares valued at $314,000.
• Multiple institutional investors, including Victory Capital Management Inc. and Dimensional Fund Advisors LP, increased their stakes in AptarGroup during the first quarter, indicating continued institutional interest in the company.
• AptarGroup has announced a quarterly dividend increase to $0.48 per share, with the ex-dividend date set for October 23rd, reflecting a commitment to returning value to shareholders.

Inspire Investing LLC reduced its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 68.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,118 shares of the industrial products company's stock after selling 4,682 shares during the period. Inspire Investing LLC's holdings in AptarGroup were worth $314,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in ATR. Simplex Trading LLC boosted its stake in shares of AptarGroup by 107.4% in the first quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock valued at $33,000 after buying an additional 116 shares during the period. SVB Wealth LLC acquired a new stake in AptarGroup in the first quarter valued at $33,000. MassMutual Private Wealth & Trust FSB increased its holdings in AptarGroup by 155.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 278 shares of the industrial products company's stock valued at $41,000 after purchasing an additional 169 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in AptarGroup by 281.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company's stock valued at $47,000 after acquiring an additional 234 shares during the last quarter. Finally, UMB Bank n.a. boosted its position in AptarGroup by 116.9% during the first quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock valued at $89,000 after acquiring an additional 325 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors.

AptarGroup Stock Down 0.1%

NYSE ATR traded down $0.07 during trading hours on Friday, hitting $134.43. The company's stock had a trading volume of 877,176 shares, compared to its average volume of 392,115. AptarGroup, Inc. has a 52 week low of $130.85 and a 52 week high of $178.03. The company has a market capitalization of $8.86 billion, a PE ratio of 23.14, a price-to-earnings-growth ratio of 2.78 and a beta of 0.57. 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's 50-day simple moving average is $144.27 and its two-hundred day simple moving average is $148.56.

AptarGroup (NYSE:ATR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.08. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The business had revenue of $966.01 million for the quarter, compared to analysts' expectations of $954.06 million. During the same quarter last year, the firm earned $1.41 EPS. The firm'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. Research analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 13th. Shareholders of record on Thursday, October 23rd will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, October 23rd. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. This is an increase from AptarGroup's previous quarterly dividend of $0.45. AptarGroup's payout ratio is 30.98%.

Insider Activity at AptarGroup

In other AptarGroup news, insider Shiela Vinczeller sold 1,167 shares of AptarGroup stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $137.97, for a total transaction 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 trade represents a 4.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Gael Touya sold 2,500 shares of AptarGroup 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 transaction, the insider directly owned 31,463 shares in the company, valued at approximately $4,282,743.56. This represents a 7.36% decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ATR. KeyCorp began coverage on shares of AptarGroup in a research report on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 price target on the stock. Raymond James Financial reaffirmed an "outperform" rating and set a $172.00 price target (down previously from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. Finally, Wells Fargo & Company cut their price objective on shares of AptarGroup from $153.00 to $152.00 and set an "overweight" rating on the stock in a research report on Wednesday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus 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.