18,360 Shares in AptarGroup, Inc. $ATR Acquired by Element Capital Management LLC

Key Points

• Element Capital Management LLC acquired 18,360 shares of AptarGroup, Inc., valued at approximately $2.7 million, marking a significant new stake in the company.
• In the last quarter, insider selling occurred with Xiangwei Gong and Gael Touya selling a total of 10,300 shares, indicating a decrease in their ownership positions.
• AptarGroup reported a quarterly revenue of $966.01 million and earnings per share of $1.66, exceeding analysts' expectations and highlighting a 6.1% year-over-year revenue growth.

Element Capital Management LLC purchased a new position in AptarGroup, Inc. (NYSE:ATR - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 18,360 shares of the industrial products company's stock, valued at approximately $2,724,000.

Other hedge funds also recently bought and sold shares of the company. Stifel Financial Corp boosted its stake in AptarGroup by 172.7% in the 4th quarter. Stifel Financial Corp now owns 11,961 shares of the industrial products company's stock worth $1,880,000 after purchasing an additional 7,575 shares in the last quarter. Avantax Advisory Services Inc. boosted its stake in AptarGroup by 18.2% in the 1st quarter. Avantax Advisory Services Inc. now owns 2,256 shares of the industrial products company's stock worth $335,000 after purchasing an additional 348 shares in the last quarter. UMB Bank n.a. boosted its stake in AptarGroup by 116.9% in the 1st quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock worth $89,000 after purchasing an additional 325 shares in the last quarter. LPL Financial LLC boosted its stake in AptarGroup by 10.4% in the 1st quarter. LPL Financial LLC now owns 47,234 shares of the industrial products company's stock worth $6,794,000 after purchasing an additional 4,451 shares in the last quarter. Finally, Curi RMB Capital LLC boosted its stake in AptarGroup by 16.5% in the 4th quarter. Curi RMB Capital LLC now owns 119,687 shares of the industrial products company's stock worth $18,803,000 after purchasing an additional 16,949 shares in the last quarter. Institutional investors own 88.52% of the company's stock.

Analysts Set New Price Targets

ATR has been the topic of a number of analyst reports. 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 research note on Monday, August 4th. Raymond James Financial restated an "outperform" rating and set a $172.00 target price (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 equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $174.60.

Insider Transactions at AptarGroup

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

AptarGroup Stock Performance

ATR traded up $0.2870 during midday trading on Wednesday, hitting $139.8770. 55,938 shares of the company traded hands, compared to its average volume of 382,780. 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 firm has a market capitalization of $9.22 billion, a PE ratio of 24.05, a price-to-earnings-growth ratio of 2.85 and a beta of 0.57. The company's 50-day moving average is $152.00 and its 200 day moving average is $150.06. AptarGroup, Inc. has a 52 week low of $130.85 and a 52 week high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last issued its quarterly earnings data 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 net margin of 10.84% and a return on equity of 15.39%. The firm had revenue of $966.01 million for the quarter, compared to analysts' expectations of $954.06 million. During the same quarter in the prior year, the business 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. On average, research analysts expect that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Dividend Announcement

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. This represents a $1.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Thursday, July 24th. AptarGroup's dividend payout ratio is 30.98%.

AptarGroup 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.