Invesco Ltd. Acquires 11,551 Shares of AptarGroup, Inc. $ATR

Key Points

• Invesco Ltd. increased its stake in AptarGroup, Inc. by 5.8%, acquiring 11,551 additional shares, bringing its total ownership to approximately 0.32% valued at $31.5 million.
• AptarGroup reported a quarterly earnings per share of $1.66, surpassing analyst estimates of $1.58, with a year-over-year revenue growth of 6.1%.
• The company recently declared a quarterly dividend of $0.45, resulting in an annualized yield of 1.3%, with a payout ratio of approximately 31%.

Invesco Ltd. increased its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 5.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 212,122 shares of the industrial products company's stock after buying an additional 11,551 shares during the quarter. Invesco Ltd. owned 0.32% of AptarGroup worth $31,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Utah Retirement Systems raised its holdings in AptarGroup by 0.9% in the 4th quarter. Utah Retirement Systems now owns 10,981 shares of the industrial products company's stock valued at $1,725,000 after buying an additional 100 shares during the last quarter. Nia Impact Advisors LLC raised its holdings in AptarGroup by 1.0% in the 4th quarter. Nia Impact Advisors LLC now owns 9,690 shares of the industrial products company's stock valued at $1,522,000 after buying an additional 100 shares during the last quarter. Louisiana State Employees Retirement System raised its holdings in AptarGroup by 0.5% in the 1st quarter. Louisiana State Employees Retirement System now owns 18,600 shares of the industrial products company's stock valued at $2,760,000 after buying an additional 100 shares during the last quarter. Koshinski Asset Management Inc. raised its holdings in AptarGroup by 1.3% in the 1st quarter. Koshinski Asset Management Inc. now owns 7,818 shares of the industrial products company's stock valued at $1,160,000 after buying an additional 104 shares during the last quarter. Finally, Simplex Trading LLC raised its holdings in AptarGroup by 107.4% in the 1st quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock valued at $33,000 after buying an additional 116 shares during the last quarter. Institutional investors own 88.52% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on ATR shares. Raymond James Financial reiterated an "outperform" rating and issued a $172.00 target price (down from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Wells Fargo & Company reiterated an "overweight" rating and issued a $153.00 target price (down from $173.00) on shares of AptarGroup in a report on Monday, August 4th. Finally, Wall Street Zen upgraded AptarGroup from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $174.60.

Insiders Place Their Bets

In related news, EVP Kimberly Chainey sold 1,671 shares of the stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $152.79, for a total value 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 approximately $1,694,135.52. This represents a 13.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Gael Touya sold 3,300 shares of the stock in a transaction on Friday, June 6th. The shares were sold at an average price of $152.62, for a total value of $503,646.00. Following the completion of the sale, the insider directly owned 33,963 shares of the company's stock, valued at $5,183,433.06. The trade was a 8.86% 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 Trading Up 0.5%

ATR traded up $0.7670 during trading on Friday, hitting $141.4070. The company's stock had a trading volume of 356,524 shares, compared to its average volume of 540,879. AptarGroup, Inc. has a twelve month low of $130.85 and a twelve month 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's fifty day moving average price is $151.32 and its 200-day moving average price is $149.72. The firm has a market capitalization of $9.32 billion, a P/E ratio of 24.34, a PEG ratio of 2.93 and a beta of 0.57.

AptarGroup (NYSE:ATR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.08. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The firm had revenue of $966.01 million for the quarter, compared to analyst estimates of $954.06 million. During the same period in the previous year, the firm earned $1.41 earnings per share. The company's 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 anticipate that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, July 24th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, July 24th. AptarGroup's dividend payout ratio is presently 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.