AptarGroup, Inc. $ATR Stake Lessened by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 68.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,745 shares of the industrial products company's stock after selling 8,033 shares during the quarter. Hsbc Holdings PLC's holdings in AptarGroup were worth $555,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Victory Capital Management Inc. raised its stake 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 worth $329,284,000 after acquiring an additional 247,519 shares during the period. Boston Trust Walden Corp raised its stake in AptarGroup by 0.5% during the first quarter. Boston Trust Walden Corp now owns 1,139,603 shares of the industrial products company's stock worth $169,094,000 after acquiring an additional 5,892 shares during the period. Dimensional Fund Advisors LP raised its stake in AptarGroup by 12.3% during the first quarter. Dimensional Fund Advisors LP now owns 800,182 shares of the industrial products company's stock worth $118,723,000 after acquiring an additional 87,719 shares during the period. Federated Hermes Inc. raised its stake in AptarGroup by 4.8% during the first quarter. Federated Hermes Inc. now owns 756,352 shares of the industrial products company's stock worth $112,228,000 after acquiring an additional 34,567 shares during the period. Finally, Handelsbanken Fonder AB raised its stake in AptarGroup by 17.5% during the first quarter. Handelsbanken Fonder AB now owns 703,830 shares of the industrial products company's stock worth $104,434,000 after acquiring an additional 105,000 shares during the period. Institutional investors and hedge funds own 88.52% of the company's stock.

AptarGroup Stock Performance

NYSE ATR traded up $0.03 on Friday, hitting $138.49. The stock had a trading volume of 440,827 shares, compared to its average volume of 432,669. AptarGroup, Inc. has a one year low of $130.85 and a one 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 $9.12 billion, a price-to-earnings ratio of 23.84, a P/E/G ratio of 2.86 and a beta of 0.57. The company's 50-day moving average is $148.55 and its two-hundred day moving average is $149.23.

AptarGroup (NYSE:ATR - Get Free Report) last posted its earnings results on Thursday, July 31st. The industrial products company reported $1.66 EPS 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 during the quarter, compared to analysts' expectations of $954.06 million. During the same quarter in the prior year, the firm earned $1.41 EPS. AptarGroup'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, analysts expect that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Raymond James Financial reiterated an "outperform" rating and set a $172.00 price objective (down previously from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. KeyCorp assumed coverage on shares of AptarGroup in a research note on Wednesday. They set an "overweight" rating and a $220.00 price objective on the stock. Wells Fargo & Company reiterated an "overweight" rating and set a $153.00 price objective (down previously from $173.00) 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 analyst has rated the stock with a Strong Buy rating, five have issued 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 a consensus target price of $182.17.

Insider Activity

In other news, EVP Kimberly Chainey sold 1,671 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 11,088 shares in the company, valued at $1,694,135.52. This trade represents a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.68% of the stock is owned by company insiders.

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.