Public Employees Retirement System of Ohio Trims Stock Holdings in AptarGroup, Inc. $ATR

Key Points

• The Public Employees Retirement System of Ohio reduced its holdings in AptarGroup, Inc. by 3.4% in the second quarter, owning approximately 0.09% of the company worth $8.8 million after selling shares.
• AptarGroup recently increased its quarterly dividend from $0.45 to $0.48 per share, reflecting a positive change in its return to investors.
• Several analysts rated AptarGroup stock as a "Buy", with a consensus price target of $182.00, despite some downward adjustments in price targets by various brokerages.

Public Employees Retirement System of Ohio lowered its holdings in AptarGroup, Inc. (NYSE:ATR - Free Report) by 3.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 56,223 shares of the industrial products company's stock after selling 1,953 shares during the period. Public Employees Retirement System of Ohio owned about 0.09% of AptarGroup worth $8,795,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Louisiana State Employees Retirement System boosted its holdings in AptarGroup by 0.5% in the first quarter. Louisiana State Employees Retirement System now owns 18,600 shares of the industrial products company's stock valued at $2,760,000 after purchasing an additional 100 shares during the last quarter. Exchange Traded Concepts LLC raised its position in shares of AptarGroup by 1.9% during the 2nd quarter. Exchange Traded Concepts LLC now owns 5,337 shares of the industrial products company's stock worth $835,000 after purchasing an additional 100 shares during the period. Koshinski Asset Management Inc. raised its position in shares of AptarGroup by 1.3% during the 1st quarter. Koshinski Asset Management Inc. now owns 7,818 shares of the industrial products company's stock worth $1,160,000 after purchasing an additional 104 shares during the period. Simplex Trading LLC raised its position in shares of 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 purchasing an additional 116 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of AptarGroup by 1.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 9,515 shares of the industrial products company's stock worth $1,412,000 after purchasing an additional 127 shares during the period. Hedge funds and other institutional investors own 88.52% of the company's stock.

Insiders Place Their Bets

In related news, insider Gael Touya sold 2,500 shares of AptarGroup stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $136.12, for a total transaction of $340,300.00. Following the completion of the sale, the insider owned 31,463 shares of the company's stock, valued at approximately $4,282,743.56. This trade represents a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shiela Vinczeller sold 1,167 shares of AptarGroup stock in a transaction on Friday, September 5th. The shares were sold at an average price of $137.97, for a total value of $161,010.99. Following the sale, 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 company insiders.

AptarGroup Stock Performance

Shares of AptarGroup stock opened at $132.39 on Friday. The stock has a market cap of $8.72 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 2.73 and a beta of 0.57. The business has a fifty day simple moving average of $141.41 and a 200-day simple moving average of $147.87. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.20. AptarGroup, Inc. has a 12 month low of $130.27 and a 12 month high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last issued its earnings results on Thursday, July 31st. The industrial products company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. The business had revenue of $966.01 million during the quarter, compared to analysts' expectations of $954.06 million. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.AptarGroup's revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.41 earnings per share. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. On average, sell-side analysts anticipate 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 given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, October 23rd. This is a positive change from AptarGroup's previous quarterly dividend of $0.45. This represents a $1.92 dividend on an annualized basis and a yield of 1.5%. AptarGroup's payout ratio is 30.98%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ATR. Wells Fargo & Company dropped their price target on AptarGroup from $153.00 to $152.00 and set an "overweight" rating on the stock in a research report on Wednesday, September 10th. KeyCorp assumed coverage on AptarGroup in a research report on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 price target on the stock. Finally, Raymond James Financial reiterated an "outperform" rating and set a $172.00 price target (down from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, AptarGroup presently has a consensus rating of "Buy" and a consensus price target of $182.00.

About AptarGroup

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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