AptarGroup, Inc. $ATR Shares Sold by Boston Family Office LLC

Key Points

• Boston Family Office LLC decreased its holdings in AptarGroup, Inc. by 3.4%, now owning 166,528 shares valued at approximately $24.71 million, making it the firm's 15th largest position.
• AptarGroup's recent earnings showed a profit of $1.66 per share for the last quarter, exceeding estimates and resulting in a year-over-year revenue increase of 6.1%.
• The company also declared a quarterly dividend of $0.45 per share, yielding 1.3%, with a payout ratio of approximately 30.98%.

Boston Family Office LLC trimmed its position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 3.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 166,528 shares of the industrial products company's stock after selling 5,924 shares during the period. AptarGroup comprises 1.7% of Boston Family Office LLC's holdings, making the stock its 15th biggest holding. Boston Family Office LLC owned approximately 0.25% of AptarGroup worth $24,709,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. boosted its position in AptarGroup by 14.7% in the 4th quarter. Russell Investments Group Ltd. now owns 13,439 shares of the industrial products company's stock valued at $2,111,000 after buying an additional 1,727 shares during the period. Advisory Services Network LLC boosted its position in AptarGroup by 33.7% in the 4th quarter. Advisory Services Network LLC now owns 1,928 shares of the industrial products company's stock valued at $303,000 after buying an additional 486 shares during the period. Raymond James Financial Inc. purchased a new stake in AptarGroup in the 4th quarter valued at about $21,941,000. Sterling Capital Management LLC boosted its position in AptarGroup by 55.4% in the 4th quarter. Sterling Capital Management LLC now owns 3,912 shares of the industrial products company's stock valued at $615,000 after buying an additional 1,394 shares during the period. Finally, Barclays PLC boosted its position in AptarGroup by 83.5% in the 4th quarter. Barclays PLC now owns 54,138 shares of the industrial products company's stock valued at $8,506,000 after buying an additional 24,639 shares during the period. 88.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ATR has been the subject of several research reports. Wells Fargo & Company reissued an "overweight" rating and issued a $153.00 price objective (down from $173.00) on shares of AptarGroup in a research report on Monday, August 4th. Raymond James Financial reiterated an "outperform" rating and set a $172.00 price objective (down previously from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. Finally, Wall Street Zen upgraded shares of AptarGroup from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $174.60.

AptarGroup Trading Up 1.1%

Shares of ATR traded up $1.4950 during trading on Wednesday, reaching $141.0850. 356,423 shares of the company traded hands, compared to its average volume of 384,591. The stock has a 50-day simple moving average of $152.00 and a 200-day simple moving average of $150.06. 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 twelve month low of $130.85 and a twelve month high of $178.03. The stock has a market cap of $9.29 billion, a PE ratio of 24.29, a price-to-earnings-growth ratio of 2.85 and a beta of 0.57.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 EPS 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 during the quarter, compared to analyst estimates of $954.06 million. During the same quarter last year, the firm posted $1.41 earnings per share. The business'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. On average, analysts anticipate that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, July 24th were paid a $0.45 dividend. The ex-dividend date of this dividend was Thursday, July 24th. This represents a $1.80 annualized dividend and a dividend yield of 1.3%. AptarGroup's dividend payout ratio (DPR) is presently 30.98%.

Insider Buying and Selling

In related news, EVP Kimberly Chainey sold 1,671 shares of AptarGroup stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $152.79, for a total value of $255,312.09. Following the completion of the transaction, the executive vice president owned 11,088 shares in the company, valued at $1,694,135.52. The trade was a 13.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Xiangwei Gong sold 7,000 shares of AptarGroup stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $156.49, for a total transaction of $1,095,430.00. Following the completion of the transaction, the insider owned 10,265 shares of the company's stock, valued at $1,606,369.85. This represents a 40.54% decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,971 shares of company stock worth $1,854,388 over the last 90 days. 0.68% of the stock is owned by insiders.

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.