Empowered Funds LLC Makes New $990,000 Investment in AptarGroup, Inc. $ATR

Key Points

• Empowered Funds LLC acquired 7,910 AptarGroup shares worth approximately $990,000 in the second quarter. Institutional investors collectively own 88.52% of the company, including a new stake by BlackRock valued at about $768 million.
• Analyst sentiment is generally positive: AptarGroup has a “Moderate Buy” consensus rating and an average price target of $172.80, with Wells Fargo and Bank of America recently raising their outlooks.
• AptarGroup exceeded quarterly expectations with adjusted EPS of $1.42 versus the $1.35 consensus and revenue of $1.03 billion. The company also declared a quarterly dividend of $0.48 per share, equivalent to a 1.5% annualized yield.

Empowered Funds LLC purchased a new stake in AptarGroup, Inc. (NYSE:ATR - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 7,910 shares of the industrial products company's stock, valued at approximately $990,000.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in AptarGroup during the 2nd quarter worth about $768,464,000. State Street Corp raised its holdings in shares of AptarGroup by 1.5% during the second quarter. State Street Corp now owns 2,868,365 shares of the industrial products company's stock valued at $448,698,000 after acquiring an additional 43,188 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of AptarGroup by 4.0% in the fourth quarter. Victory Capital Management Inc. now owns 2,291,454 shares of the industrial products company's stock valued at $279,466,000 after acquiring an additional 88,717 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of AptarGroup by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 1,618,896 shares of the industrial products company's stock valued at $197,473,000 after acquiring an additional 15,197 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of AptarGroup by 15.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,504,473 shares of the industrial products company's stock worth $189,581,000 after acquiring an additional 203,672 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at AptarGroup

In other news, insider Hedi Tlili sold 8,854 shares of the company's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $135.00, for a total transaction 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 approximately $2,076,165. This represents a 36.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Gael Touya sold 3,740 shares of the business's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $133.76, for a total value of $500,262.40. Following the sale, the chief executive officer owned 29,102 shares of the company's stock, valued at approximately $3,892,683.52. The trade was a 11.39% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 23,197 shares of company stock worth $3,134,828. 0.73% of the stock is currently owned by insiders.

AptarGroup Stock Performance

Shares of AptarGroup stock opened at $127.19 on Friday. The stock has a market capitalization of $8.09 billion, a price-to-earnings ratio of 23.00, a price-to-earnings-growth ratio of 3.27 and a beta of 0.38. 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 business has a 50-day moving average of $131.24 and a 200 day moving average of $127.52. AptarGroup, Inc. has a 12 month low of $103.23 and a 12 month high of $146.91.

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

AptarGroup Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, July 30th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, July 30th. AptarGroup's dividend payout ratio (DPR) is currently 34.72%.

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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