BlackRock Inc. Takes $768.46 Million Position in AptarGroup, Inc. $ATR

Key Points

• BlackRock acquired a new 6.14 million-share stake in AptarGroup worth approximately $768.5 million, giving it a 9.65% ownership position. Institutional investors collectively own 88.52% of the company.
• AptarGroup beat quarterly expectations, reporting $1.42 in earnings per share versus the $1.35 consensus and $1.03 billion in revenue, up 6.3% year over year. The company guided to third-quarter EPS of $1.45–$1.53.
• Analyst sentiment is moderately bullish, with five Buy and three Hold ratings and an average price target of $172.80, compared with a recent share price of $134.51. The company also pays a quarterly dividend of $0.48, yielding about 1.4% annually.

BlackRock Inc. purchased a new stake in AptarGroup, Inc. (NYSE:ATR - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,137,894 shares of the industrial products company's stock, valued at approximately $768,464,000. BlackRock Inc. owned 9.65% of AptarGroup at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of ATR. Rothschild Investment LLC lifted its position in shares of AptarGroup by 231.1% during the 4th quarter. Rothschild Investment LLC now owns 202 shares of the industrial products company's stock valued at $25,000 after buying an additional 141 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of AptarGroup by 214.1% during the first quarter. Geneos Wealth Management Inc. now owns 201 shares of the industrial products company's stock worth $25,000 after purchasing an additional 137 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new position in shares of AptarGroup during the 3rd quarter worth about $32,000. Ameriflex Group Inc. purchased a new position in AptarGroup in the 4th quarter valued at about $35,000. Finally, Whittier Trust Co. boosted its holdings in AptarGroup by 169.5% in the 1st quarter. Whittier Trust Co. now owns 283 shares of the industrial products company's stock worth $36,000 after buying an additional 178 shares during the last quarter. Hedge funds and other institutional investors own 88.52% of the company's stock.

AptarGroup Trading Up 1.2%

Shares of ATR stock opened at $134.51 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.61 and a quick ratio of 1.10. The firm has a market cap of $8.55 billion, a PE ratio of 24.32, a price-to-earnings-growth ratio of 3.32 and a beta of 0.39. The company has a 50-day moving average of $129.20 and a two-hundred day moving average of $127.64. AptarGroup, Inc. has a 1-year low of $103.23 and a 1-year high of $146.91.

AptarGroup (NYSE:ATR - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.35 by $0.07. AptarGroup had a return on equity of 13.31% and a net margin of 9.22%.The business had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $1.01 billion. During the same period in the previous year, the firm posted $1.66 earnings per share. The company's revenue was up 6.3% on a year-over-year basis. AptarGroup has set its Q3 2026 guidance at 1.450-1.530 EPS. On average, analysts predict that AptarGroup, Inc. will post 5.48 EPS for the current year.

AptarGroup Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, July 30th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, July 30th. AptarGroup's dividend payout ratio is 34.72%.

Analysts Set New Price Targets

ATR has been the subject of a number of research reports. Zacks Research raised shares of AptarGroup from a "strong sell" rating to a "hold" rating in a report on Monday, May 4th. Bank of America raised shares of AptarGroup from a "neutral" rating to a "buy" rating and set a $173.00 price target on the stock in a research note on Tuesday, July 14th. Raymond James Financial restated an "outperform" rating and set a $160.00 price target on shares of AptarGroup in a research report on Wednesday, July 15th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of AptarGroup in a research note on Wednesday, June 24th. Finally, Wells Fargo & Company upped their price objective on shares of AptarGroup from $145.00 to $155.00 and gave the company an "overweight" rating in a research note on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, AptarGroup presently has an average rating of "Moderate Buy" and an average price target of $172.80.

Insider Buying and Selling at AptarGroup

In other news, CEO Stephan B. Tanda sold 9,838 shares of the company's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $136.16, for a total transaction of $1,339,542.08. Following the completion of the transaction, the chief executive officer directly owned 238,729 shares of the company's stock, valued at approximately $32,505,340.64. This represents a 3.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Hedi Tlili sold 8,854 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $135.00, for a total value of $1,195,290.00. Following the completion of the transaction, the insider directly owned 15,379 shares of the company's stock, valued at $2,076,165. This trade represents a 36.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,247 shares of company stock worth $2,935,161 over the last ninety days. Corporate insiders own 0.73% of the company's stock.

About AptarGroup

AptarGroup, Inc is a global provider of advanced dispensing, sealing and protection solutions for consumer and pharmaceutical markets. The company designs and manufactures a broad portfolio of products that enable the controlled delivery of liquids, gels, powders and aerosols. Its customer base spans beauty and personal care, home care, food and beverage, and pharmaceutical sectors, where innovation in packaging and drug‐delivery devices drives brand differentiation and regulatory compliance.

In the consumer markets, AptarGroup offers pumps, actuators, valves, closures and specialized bottles engineered for precision, convenience and sustainability.

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