Bayforest Capital Ltd Has $550,000 Holdings in AptarGroup, Inc. $ATR

Key Points

• Bayforest Capital Ltd increased its holdings in AptarGroup, Inc. by 252.2%, now owning 3,705 shares valued at $550,000.
• AptarGroup recently declared a quarterly dividend of $0.48 per share, up from $0.45, with an ex-dividend date on October 23rd.
• The stock is currently rated as a "Buy" by analysts, with a consensus price target of $182.17.

Bayforest Capital Ltd lifted its position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 252.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,705 shares of the industrial products company's stock after buying an additional 2,653 shares during the quarter. Bayforest Capital Ltd's holdings in AptarGroup were worth $550,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Victory Capital Management Inc. lifted its holdings in shares of 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 worth $329,284,000 after buying an additional 247,519 shares in the last quarter. Boston Trust Walden Corp lifted its holdings in shares of AptarGroup by 0.5% during the first quarter. Boston Trust Walden Corp now owns 1,139,603 shares of the industrial products company's stock worth $169,094,000 after buying an additional 5,892 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of AptarGroup by 12.3% during the first quarter. Dimensional Fund Advisors LP now owns 800,182 shares of the industrial products company's stock worth $118,723,000 after buying an additional 87,719 shares in the last quarter. Fiduciary Management Inc. WI lifted its holdings in shares of AptarGroup by 40.8% during the first quarter. Fiduciary Management Inc. WI now owns 767,636 shares of the industrial products company's stock worth $113,902,000 after buying an additional 222,577 shares in the last quarter. Finally, Federated Hermes Inc. lifted its holdings in shares of AptarGroup by 4.8% during the first quarter. Federated Hermes Inc. now owns 756,352 shares of the industrial products company's stock worth $112,228,000 after buying an additional 34,567 shares in the last quarter. Institutional investors and hedge funds own 88.52% of the company's stock.

AptarGroup Price Performance

AptarGroup stock traded down $1.68 during midday trading on Friday, reaching $135.42. The company's stock had a trading volume of 261,317 shares, compared to its average volume of 442,002. AptarGroup, Inc. has a 52 week low of $130.85 and a 52 week 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 business has a 50-day moving average price of $146.27 and a 200-day moving average price of $148.90. The stock has a market cap of $8.92 billion, a PE ratio of 23.31, a price-to-earnings-growth ratio of 2.83 and a beta of 0.57.

AptarGroup (NYSE:ATR - Get Free Report) last released its earnings results 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 for 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 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 business posted $1.41 earnings per share. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. On average, sell-side analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 13th. Stockholders of record on Thursday, October 23rd will be issued a dividend of $0.48 per share. 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. The ex-dividend date is Thursday, October 23rd. AptarGroup's dividend payout ratio (DPR) is presently 30.98%.

Analysts Set New Price Targets

A number of brokerages recently commented on ATR. KeyCorp began coverage on AptarGroup in a research report on Wednesday, September 3rd. They issued an "overweight" rating and a $220.00 price target on the stock. Raymond James Financial restated an "outperform" rating and issued 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 decreased their price target on AptarGroup from $153.00 to $152.00 and set an "overweight" rating on the stock in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $182.00.

Insider Activity

In related news, 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 value of $340,300.00. Following the transaction, the insider directly owned 31,463 shares of the company's stock, valued at $4,282,743.56. The trade was a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shiela Vinczeller sold 1,167 shares of AptarGroup 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 directly owned 25,134 shares in the company, valued at approximately $3,467,737.98. This represents a 4.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

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.