AQR Capital Management LLC Has $25.16 Million Holdings in AptarGroup, Inc. $ATR

Key Points

• AQR Capital Management LLC reduced its position in AptarGroup by 7.1%, owning 171,621 shares valued at approximately $25.16 million after selling 13,131 shares in the first quarter.
• AptarGroup announced a quarterly dividend increase to $0.48 per share, up from $0.45, with a dividend yield of 1.4% expected to be paid on November 13th.
• After a recent earnings report, analysts have set a consensus target price for AptarGroup at $182, with various ratings including "Buy" and "Overweight" from multiple research firms.

AQR Capital Management LLC cut its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 7.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 171,621 shares of the industrial products company's stock after selling 13,131 shares during the period. AQR Capital Management LLC owned 0.26% of AptarGroup worth $25,156,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of ATR. Simplex Trading LLC raised 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 worth $33,000 after acquiring an additional 116 shares during the last quarter. SVB Wealth LLC bought a new position in shares of AptarGroup in the first quarter worth about $33,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of AptarGroup by 155.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 278 shares of the industrial products company's stock worth $41,000 after acquiring an additional 169 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of AptarGroup by 281.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company's stock worth $47,000 after acquiring an additional 234 shares during the last quarter. Finally, UMB Bank n.a. raised its stake in shares of AptarGroup by 116.9% during the first quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock worth $89,000 after buying an additional 325 shares during the last quarter. 88.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ATR has been the subject of a number of recent research reports. KeyCorp initiated coverage on shares of AptarGroup in a research note on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 price target for the company. Raymond James Financial reissued an "outperform" rating and set a $172.00 price target (down from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. Finally, Wells Fargo & Company dropped their price target on shares of AptarGroup from $153.00 to $152.00 and set an "overweight" rating for the company in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $182.00.

Insider Buying and Selling

In other news, insider Gael Touya sold 2,500 shares of the company's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $136.12, for a total value 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. This represents a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shiela Vinczeller sold 1,167 shares of the company'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 transaction of $161,010.99. Following the completion of 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 disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

AptarGroup Trading Down 1.2%

NYSE ATR traded down $1.68 during trading on Friday, reaching $135.42. 261,317 shares of the stock traded hands, compared to its average volume of 442,002. The firm has a market cap of $8.92 billion, a price-to-earnings ratio of 23.31, a price-to-earnings-growth ratio of 2.83 and a beta of 0.57. The stock's 50-day moving average price is $146.27 and its 200 day moving average price is $148.90. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.20. AptarGroup, Inc. has a fifty-two week low of $130.85 and a fifty-two week high of $178.03.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.08. The firm had revenue of $966.01 million during the quarter, compared to analysts' expectations of $954.06 million. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The business's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.41 earnings per share. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Increases Dividend

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

AptarGroup Company 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.