Meiji Yasuda Asset Management Co Ltd. Has $2.95 Million Stock Position in AptarGroup, Inc. $ATR

Key Points

• Meiji Yasuda Asset Management Co Ltd. has reduced its holdings in AptarGroup, Inc. by 32%, now owning 19,908 shares worth approximately $2.95 million after selling 9,374 shares.
• Goldman Sachs has increased its stake in AptarGroup by 22.2%, now holding 88,716 shares valued at about $13.16 million, reflecting strong interest from institutional investors.
• AptarGroup has announced a quarterly dividend increase to $0.48 per share, up from $0.45, which represents a 1.4% dividend yield for investors.

Meiji Yasuda Asset Management Co Ltd. lowered its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 32.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,908 shares of the industrial products company's stock after selling 9,374 shares during the period. Meiji Yasuda Asset Management Co Ltd.'s holdings in AptarGroup were worth $2,954,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. SVB Wealth LLC acquired a new stake in shares of AptarGroup in the first quarter valued at approximately $33,000. Simplex Trading LLC grew its holdings in AptarGroup by 107.4% during the 1st quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock worth $33,000 after acquiring an additional 116 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in shares of AptarGroup by 155.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 278 shares of the industrial products company's stock valued at $41,000 after purchasing an additional 169 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of AptarGroup by 281.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company's stock worth $47,000 after purchasing an additional 234 shares during the last quarter. Finally, UMB Bank n.a. grew its stake in shares of AptarGroup by 116.9% during the first quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock worth $89,000 after purchasing an additional 325 shares during the period. Institutional investors own 88.52% of the company's stock.

AptarGroup Stock Down 1.2%

ATR stock traded down $1.68 during mid-day trading on Friday, hitting $135.42. 261,317 shares of the company were exchanged, compared to its average volume of 416,543. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.21. AptarGroup, Inc. has a 1-year low of $130.85 and a 1-year high of $178.03. The firm's 50 day simple moving average is $146.27 and its 200 day simple moving average is $148.92. The firm has a market cap of $8.92 billion, a P/E ratio of 23.31, a P/E/G ratio of 2.79 and a beta of 0.57.

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, topping the consensus estimate of $1.58 by $0.08. The company had revenue of $966.01 million during the quarter, compared to the consensus estimate of $954.06 million. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The firm's revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.41 earnings per share. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. On average, sell-side analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be issued a dividend of $0.48 per share. The ex-dividend date is Thursday, October 23rd. This is a boost from AptarGroup's previous quarterly dividend of $0.45. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. AptarGroup's dividend payout ratio is 33.05%.

Insider Transactions at AptarGroup

In related news, insider Shiela Vinczeller sold 1,167 shares of AptarGroup stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $137.97, for a total value of $161,010.99. Following the sale, the insider owned 25,134 shares of the company's stock, valued at approximately $3,467,737.98. This trade represents a 4.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Gael Touya sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $136.12, for a total value of $340,300.00. Following the completion of the sale, the insider owned 31,463 shares in the company, valued at $4,282,743.56. The trade was a 7.36% decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

AptarGroup 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.