Inspire Investing LLC Reduces Stake 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 lessened its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 68.9% in the first quarter, according to its most recent disclosure with the SEC. 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 SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Strs Ohio acquired a new stake in AptarGroup in the first quarter valued at approximately $1,910,000. Focus Partners Wealth lifted its holdings in shares of 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 in the last quarter. Bayforest Capital Ltd lifted its holdings in shares of AptarGroup by 252.2% in the first quarter. Bayforest Capital Ltd now owns 3,705 shares of the industrial products company's stock valued at $550,000 after purchasing an additional 2,653 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of AptarGroup by 8.7% in the first 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 valued at $33,840,000 after purchasing an additional 18,315 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of AptarGroup by 31.0% in the first quarter. Empowered Funds LLC now owns 2,835 shares of the industrial products company's stock valued at $421,000 after purchasing an additional 671 shares in the last quarter. Institutional investors and hedge funds own 88.52% of the company's stock.

AptarGroup Stock Performance

Shares of NYSE ATR traded down $0.07 during mid-day trading on Friday, hitting $134.43. The company had a trading volume of 877,176 shares, compared to its average volume of 430,219. The company has a market capitalization of $8.86 billion, a price-to-earnings ratio of 23.14, a P/E/G ratio of 2.77 and a beta of 0.57. AptarGroup, Inc. has a 1 year low of $130.85 and a 1 year high of $178.03. 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 stock's 50-day moving average price is $143.80 and its 200-day moving average price is $148.47.

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. The company had revenue of $966.01 million during the quarter, compared to analysts' expectations of $954.06 million. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The firm's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the business earned $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 year.

AptarGroup Increases Dividend

The business also recently announced 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 a boost from AptarGroup's previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, October 23rd. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. AptarGroup's dividend payout ratio is presently 30.98%.

Insider Transactions at AptarGroup

In other news, insider Shiela Vinczeller sold 1,167 shares of the stock in a transaction that occurred on 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 transaction, the insider owned 25,134 shares of the company's stock, valued at approximately $3,467,737.98. This represents a 4.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gael Touya sold 2,500 shares of the company'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 value of $340,300.00. Following the completion of the sale, 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 disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

Analyst Ratings Changes

ATR has been the topic of a number of recent research reports. KeyCorp initiated coverage on AptarGroup in a report on Wednesday, September 3rd. They issued an "overweight" rating and a $220.00 target price on the stock. Raymond James Financial reiterated an "outperform" rating and set a $172.00 price target (down from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Finally, Wells Fargo & Company dropped their price target on 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 one has given a Hold rating to the stock. Based on data from MarketBeat, AptarGroup has an average rating of "Buy" and an average price target 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.