Northern Trust Corp Has $164.13 Million Position in AptarGroup, Inc. $ATR

Key Points

• Northern Trust Corp sold 10,467 shares of AptarGroup, lowering its holdings by 0.9% to approximately 1.67% ownership of the company, valued at $164.13 million.
• AptarGroup reported $1.66 EPS for its last quarter, surpassing estimates and showing a 6.1% revenue increase year-over-year.
• The company has declared a quarterly dividend of $0.45, resulting in an annual yield of 1.3%, with a payout ratio of 30.98%.

Northern Trust Corp decreased its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 0.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,106,145 shares of the industrial products company's stock after selling 10,467 shares during the quarter. Northern Trust Corp owned approximately 1.67% of AptarGroup worth $164,130,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bank of America Corp DE boosted its stake in AptarGroup by 297.2% in the fourth quarter. Bank of America Corp DE now owns 473,021 shares of the industrial products company's stock worth $74,312,000 after purchasing an additional 353,935 shares in the last quarter. Victory Capital Management Inc. boosted its stake in AptarGroup by 12.6% in 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 purchasing an additional 247,519 shares in the last quarter. GAMMA Investing LLC boosted its stake in AptarGroup by 20,143.0% in the first quarter. GAMMA Investing LLC now owns 202,835 shares of the industrial products company's stock worth $300,970,000 after purchasing an additional 201,833 shares in the last quarter. Nuveen LLC acquired a new position in AptarGroup in the first quarter worth $21,549,000. Finally, Segall Bryant & Hamill LLC acquired a new position in AptarGroup in the first quarter worth $20,082,000. Institutional investors and hedge funds own 88.52% of the company's stock.

Insiders Place Their Bets

In other news, insider Gael Touya sold 3,300 shares of AptarGroup stock in a transaction on Friday, June 6th. The stock was sold at an average price of $152.62, for a total value of $503,646.00. Following the transaction, the insider owned 33,963 shares in the company, valued at approximately $5,183,433.06. This trade represents a 8.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kimberly Chainey sold 1,671 shares of AptarGroup stock in a transaction 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 owned 11,088 shares in the company, valued at approximately $1,694,135.52. The trade was a 13.10% decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by company insiders.

AptarGroup Stock Performance

Shares of NYSE ATR traded up $0.7670 during trading hours on Friday, reaching $141.4070. 356,524 shares of the stock were exchanged, compared to its average volume of 543,892. The firm has a market capitalization of $9.32 billion, a price-to-earnings ratio of 24.34, a P/E/G ratio of 2.93 and a beta of 0.57. 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 52 week low of $130.85 and a 52 week high of $178.03. The stock's fifty day simple moving average is $151.32 and its 200 day simple moving average is $149.67.

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

AptarGroup Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have recently issued reports on ATR. Wall Street Zen raised AptarGroup from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Raymond James Financial reaffirmed an "outperform" rating and set a $172.00 price target (down previously from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and set a $153.00 price target (down previously from $173.00) on shares of AptarGroup in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, AptarGroup currently has an average rating of "Buy" and an average target price of $174.60.

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.