Mountain Pacific Investment Advisers LLC Sells 4,201 Shares of AptarGroup, Inc. $ATR

Key Points

• Mountain Pacific Investment Advisers LLC reduced its stake in AptarGroup by 1.4%, selling 4,201 shares and holding 303,044 shares, making it the firm's 8th largest position.
• AptarGroup recently announced an increase in its quarterly dividend from $0.45 to $0.48, with an ex-dividend date set for October 23rd.
• Analysts have given AptarGroup an average rating of "Buy" with price targets ranging from $152.00 to $220.00, indicating a mixed outlook for the stock.

Mountain Pacific Investment Advisers LLC reduced its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 1.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 303,044 shares of the industrial products company's stock after selling 4,201 shares during the quarter. AptarGroup comprises 3.4% of Mountain Pacific Investment Advisers LLC's holdings, making the stock its 8th largest position. Mountain Pacific Investment Advisers LLC owned 0.46% of AptarGroup worth $47,405,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in ATR. Simplex Trading LLC increased its stake in shares of AptarGroup by 107.4% during the first quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock worth $33,000 after purchasing an additional 116 shares during the period. SVB Wealth LLC bought a new position in AptarGroup during the 1st quarter worth $33,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of AptarGroup by 281.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company's stock worth $47,000 after buying an additional 234 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of AptarGroup by 164.8% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 331 shares of the industrial products company's stock worth $52,000 after buying an additional 206 shares in the last quarter. Finally, UMB Bank n.a. boosted its position in shares of AptarGroup by 116.9% in the first quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock valued at $89,000 after acquiring an additional 325 shares during the period. Institutional investors own 88.52% of the company's stock.

Insider Activity

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

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Raymond James Financial reiterated an "outperform" rating and issued a $172.00 price objective (down previously from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. KeyCorp began coverage on shares of AptarGroup in a report on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 target price on the stock. Finally, 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 research note on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, AptarGroup currently has an average rating of "Buy" and an average target price of $182.00.

AptarGroup Stock Performance

Shares of AptarGroup stock opened at $134.09 on Thursday. The company has a current ratio of 1.21, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20. The company has a market cap of $8.83 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 2.76 and a beta of 0.55. The company has a 50 day moving average of $139.88 and a 200-day moving average of $147.59. AptarGroup, Inc. has a 1-year low of $130.27 and a 1-year high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last announced 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 net margin of 10.84% and a return on equity of 15.39%. The business had revenue of $966.01 million for the quarter, compared to analysts' expectations of $954.06 million. During the same period last year, the firm posted $1.41 earnings per share. The firm'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. As a group, equities research analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 13th. Shareholders of record on Thursday, October 23rd will be given a $0.48 dividend. 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 yield of 1.4%. The ex-dividend date is Thursday, October 23rd. AptarGroup's dividend payout ratio (DPR) 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.

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