Man Group plc Invests $3.28 Million in AptarGroup, Inc. $ATR

Key Points

• Man Group acquired 26,164 AptarGroup shares worth approximately $3.28 million during the second quarter. Institutional investors now own 88.52% of the company.
• Analyst sentiment is generally positive, with five Buy ratings and three Holds; AptarGroup has a consensus “Moderate Buy” rating and an average price target of $172.80.
• AptarGroup exceeded quarterly earnings and revenue expectations, reporting $1.42 in EPS and $1.03 billion in revenue. The company also maintains a quarterly dividend of $0.48 per share, representing a 1.5% yield.

Man Group plc acquired a new stake in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 26,164 shares of the industrial products company's stock, valued at approximately $3,276,000.

A number of other hedge funds also recently made changes to their positions in the stock. Jupiter Topco LLC purchased a new stake in AptarGroup in the 2nd quarter worth approximately $11,210,000. Hsbc Holdings PLC purchased a new position in AptarGroup during the second quarter valued at approximately $351,000. Palisade Capital Management LP bought a new position in shares of AptarGroup in the second quarter worth approximately $2,211,000. Legal & General Group Plc bought a new position in shares of AptarGroup in the second quarter worth approximately $11,272,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of AptarGroup in the second quarter worth $5,669,000. 88.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ATR. Raymond James Financial restated an "outperform" rating and set a $160.00 price objective on shares of AptarGroup in a research report on Wednesday, July 15th. Zacks Research upgraded AptarGroup from a "strong sell" rating to a "hold" rating in a research note on Monday, May 4th. Weiss Ratings reissued a "hold (c)" rating on shares of AptarGroup in a report on Wednesday, June 24th. Bank of America upgraded AptarGroup from a "neutral" rating to a "buy" rating and set a $173.00 price objective on the stock in a research report on Tuesday, July 14th. Finally, Wells Fargo & Company upped their price objective on AptarGroup from $145.00 to $155.00 and gave the stock an "overweight" rating in a research note on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $172.80.

Insider Transactions at AptarGroup

In other news, insider Hedi Tlili sold 8,854 shares of the stock in a transaction that occurred on 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 in the company, 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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shiela Vinczeller sold 3,555 shares of the business's stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $112.61, for a total transaction of $400,328.55. Following the completion of the sale, the insider owned 27,078 shares in the company, valued at $3,049,253.58. This represents a 11.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 25,987 shares of company stock valued at $3,435,423 over the last quarter. 0.73% of the stock is owned by insiders.

AptarGroup Trading Down 1.0%

Shares of AptarGroup stock opened at $131.71 on Tuesday. AptarGroup, Inc. has a twelve month low of $103.23 and a twelve month high of $146.91. The company has a quick ratio of 1.10, a current ratio of 1.61 and a debt-to-equity ratio of 0.42. The business has a 50-day moving average price of $130.85 and a 200-day moving average price of $127.76. The firm has a market cap of $8.37 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 3.39 and a beta of 0.39.

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

AptarGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, July 30th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, July 30th. AptarGroup's dividend payout ratio is 34.72%.

AptarGroup Profile

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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