Dark Forest Capital Management LP Grows Position in AptarGroup, Inc. $ATR

Key Points

• Dark Forest Capital Management LP increased its shares in AptarGroup by 225.2% during Q1, now holding 26,045 shares valued at approximately $3.87 million.
• Several institutional investors also raised their stakes in AptarGroup, with Royal Bank of Canada owning 131,284 shares worth $19.48 million after a 4.8% increase.
• AptarGroup reported a quarterly EPS of $1.66, exceeding estimates, and announced a dividend of $0.45 per share, indicating a yield of 1.3% for investors.

Dark Forest Capital Management LP boosted its holdings in AptarGroup, Inc. (NYSE:ATR - Free Report) by 225.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,045 shares of the industrial products company's stock after buying an additional 18,036 shares during the quarter. Dark Forest Capital Management LP's holdings in AptarGroup were worth $3,865,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of ATR. Simplex Trading LLC increased its position in shares of AptarGroup by 107.4% during the 1st quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock valued at $33,000 after purchasing an additional 116 shares during the last quarter. SVB Wealth LLC purchased a new position in shares of AptarGroup in the first quarter worth approximately $33,000. MassMutual Private Wealth & Trust FSB boosted its holdings 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 buying an additional 169 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings 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 buying an additional 234 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in shares of AptarGroup by 116.9% in 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. Hedge funds and other institutional investors own 88.52% of the company's stock.

Insider Transactions at AptarGroup

In other news, EVP Kimberly Chainey sold 1,671 shares of the business's stock in a transaction 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 transaction, the executive vice president owned 11,088 shares of the company's stock, valued at approximately $1,694,135.52. The trade was a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.68% of the stock is currently owned by company insiders.

AptarGroup Stock Performance

AptarGroup stock traded up $0.03 during midday trading on Friday, hitting $138.49. The stock had a trading volume of 440,827 shares, compared to its average volume of 432,669. The firm's fifty day moving average is $148.55 and its two-hundred day moving average is $149.23. The company has a market capitalization of $9.12 billion, a PE ratio of 23.84, a P/E/G ratio of 2.86 and a beta of 0.57. 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.

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, topping the consensus estimate of $1.58 by $0.08. The company had revenue of $966.01 million during the quarter, compared to analyst estimates of $954.06 million. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The firm's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.41 EPS. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. On average, research analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Announces Dividend

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

Wall Street Analyst Weigh In

ATR has been the topic of a number of research reports. Wells Fargo & Company reissued an "overweight" rating and issued a $153.00 price objective (down previously from $173.00) on shares of AptarGroup in a report on Monday, August 4th. KeyCorp initiated coverage on shares of AptarGroup in a report on Wednesday. They issued an "overweight" rating and a $220.00 price objective on the stock. Raymond James Financial reissued an "outperform" rating and issued a $172.00 price objective (down previously from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Finally, Wall Street Zen raised shares of AptarGroup from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $182.17.

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.