Farmers & Merchants Investments Inc. Has $10.47 Million Stock Position in AptarGroup, Inc. $ATR

Key Points

• Farmers & Merchants Investments Inc. increased its stake in AptarGroup, Inc. by 5.8%, acquiring an additional 3,691 shares, bringing its total to 66,913 shares valued at approximately $10.47 million.
• AptarGroup reported a quarterly EPS of $1.66, exceeding analyst expectations, with a year-over-year revenue increase of 6.1%.
• The company announced a new quarterly dividend of $0.48, up from the previous $0.45, reflecting a dividend yield of 1.4% and a payout ratio of 30.98%.

Farmers & Merchants Investments Inc. boosted its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 5.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,913 shares of the industrial products company's stock after acquiring an additional 3,691 shares during the quarter. Farmers & Merchants Investments Inc. owned 0.10% of AptarGroup worth $10,467,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of ATR. Banque Transatlantique SA bought a new position in shares of AptarGroup in the 1st quarter worth $41,728,000. Victory Capital Management Inc. raised its position in AptarGroup by 12.6% during the first quarter. Victory Capital Management Inc. now owns 2,219,191 shares of the industrial products company's stock valued at $329,284,000 after acquiring an additional 247,519 shares in the last quarter. Fiduciary Management Inc. WI lifted its stake in shares of AptarGroup by 40.8% in the first quarter. Fiduciary Management Inc. WI now owns 767,636 shares of the industrial products company's stock worth $113,902,000 after buying an additional 222,577 shares in the last quarter. GAMMA Investing LLC increased its holdings in AptarGroup by 20,143.0% in the 1st quarter. GAMMA Investing LLC now owns 202,835 shares of the industrial products company's stock valued at $300,970,000 after purchasing an additional 201,833 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in AptarGroup in the 1st quarter valued at about $21,549,000. Institutional investors and hedge funds own 88.52% of the company's stock.

Wall Street Analysts Forecast Growth

ATR has been the subject of a number of analyst reports. Wells Fargo & Company cut their price target on AptarGroup from $153.00 to $152.00 and set an "overweight" rating for the company in a report on Wednesday, September 10th. Raymond James Financial reaffirmed an "outperform" rating and issued a $172.00 price target (down from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. Finally, KeyCorp began coverage on AptarGroup in a research report on Wednesday, September 3rd. They issued an "overweight" rating and a $220.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, AptarGroup presently has a consensus rating of "Buy" and an average price target of $182.00.

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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Gael Touya sold 2,500 shares of the company's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $136.12, for a total transaction of $340,300.00. Following the completion of the transaction, the insider directly owned 31,463 shares of the company's stock, valued at approximately $4,282,743.56. The trade was a 7.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company's stock.

AptarGroup Stock Down 1.2%

ATR traded down $1.68 during trading on Monday, hitting $132.76. 402,147 shares of the company's stock traded hands, compared to its average volume of 430,219. The company's 50 day simple moving average is $143.31 and its two-hundred day simple moving average is $148.32. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of 22.85, a PEG ratio of 2.77 and a beta of 0.57. 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, Inc. has a 12-month low of $130.85 and a 12-month 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 (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.08. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The business had revenue of $966.01 million for the quarter, compared to the consensus estimate of $954.06 million. During the same period in the prior year, the business posted $1.41 earnings per share. The company's quarterly revenue was up 6.1% compared to the same quarter last year. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Analysts predict that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be given a $0.48 dividend. This is a positive change 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 payout ratio is currently 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.