Cinctive Capital Management LP Makes New $971,000 Investment in AptarGroup, Inc. $ATR

Key Points

• Cinctive Capital Management LP has acquired a new position in AptarGroup, Inc., purchasing 6,545 shares valued at around $971,000 in the first quarter.
• Insider activity includes EVP Kimberly Chainey selling 1,671 shares at an average price of $152.79, reducing her ownership by 13.10%.
• AptarGroup's stock price recently opened at $138.29, reflecting a market cap of $9.11 billion with positive quarterly earnings reported above expectations.

Cinctive Capital Management LP bought a new position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 6,545 shares of the industrial products company's stock, valued at approximately $971,000.

Other hedge funds have also modified their holdings of the company. Curi RMB Capital LLC grew its holdings in AptarGroup by 3.9% during the first quarter. Curi RMB Capital LLC now owns 124,327 shares of the industrial products company's stock valued at $18,448,000 after purchasing an additional 4,640 shares during the period. Banque Transatlantique SA acquired a new position in shares of AptarGroup in the 1st quarter valued at $41,728,000. Aprio Wealth Management LLC bought a new stake in shares of AptarGroup in the 1st quarter valued at $2,900,000. Perbak Capital Partners LLP bought a new stake in shares of AptarGroup in the 1st quarter valued at $650,000. Finally, Dark Forest Capital Management LP raised its stake in AptarGroup by 225.2% during the 1st quarter. Dark Forest Capital Management LP now owns 26,045 shares of the industrial products company's stock worth $3,865,000 after buying an additional 18,036 shares during the period. 88.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Shiela Vinczeller sold 1,167 shares of AptarGroup stock in a transaction dated Friday, September 5th. The stock was 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 in the company, valued at approximately $3,467,737.98. This trade represents a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.68% of the company's stock.

Wall Street Analysts Forecast Growth

ATR has been the subject of several recent analyst reports. Raymond James Financial restated an "outperform" rating and issued a $172.00 price target (down from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Wall Street Zen raised AptarGroup from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. KeyCorp assumed coverage on shares of AptarGroup in a report on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 target price on the stock. Finally, Wells Fargo & Company reiterated an "overweight" rating and issued a $153.00 price target (down previously from $173.00) on shares of AptarGroup in a report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $182.17.

AptarGroup Stock Down 0.9%

Shares of NYSE:ATR traded down $1.18 during midday trading on Tuesday, reaching $137.12. The company had a trading volume of 628,597 shares, compared to its average volume of 388,738. The business's 50 day moving average price is $148.19 and its 200 day moving average price is $149.20. AptarGroup, Inc. has a 1-year low of $130.85 and a 1-year high of $178.03. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.20. The stock has a market cap of $9.03 billion, a PE ratio of 23.60, a P/E/G ratio of 2.86 and a beta of 0.57.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.08. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The firm had revenue of $966.01 million for the quarter, compared to analyst estimates of $954.06 million. During the same quarter in the previous year, the firm earned $1.41 EPS. The business's quarterly revenue was up 6.1% on a year-over-year basis. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Research analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Increases Dividend

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