AptarGroup, Inc. $ATR Position Cut by Raymond James Financial Inc.

Key Points

• Raymond James Financial Inc. reduced its stake in AptarGroup, Inc. by 21.4%, selling 29,889 shares during the first quarter, leaving it with approximately $16.3 million in holdings.
• AptarGroup recently reported a quarterly earnings per share of $1.66, exceeding analyst expectations of $1.58, alongside revenue of $966.01 million.
• The company announced a quarterly dividend of $0.45 per share, reflecting an annualized yield of 1.3% and a payout ratio of 30.98%.

Raymond James Financial Inc. decreased its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 21.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,777 shares of the industrial products company's stock after selling 29,889 shares during the period. Raymond James Financial Inc. owned approximately 0.17% of AptarGroup worth $16,289,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Simplex Trading LLC boosted its position in shares of AptarGroup by 107.4% in the first quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock worth $33,000 after buying an additional 116 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in AptarGroup by 155.0% in the first 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 last quarter. UMB Bank n.a. boosted its holdings in 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 purchasing an additional 325 shares during the last quarter. State of Wyoming purchased a new position in AptarGroup in the fourth quarter valued at about $97,000. Finally, Menard Financial Group LLC purchased a new position in AptarGroup in the fourth quarter valued at about $111,000. Hedge funds and other institutional investors own 88.52% of the company's stock.

AptarGroup Stock Up 0.2%

NYSE ATR traded up $0.22 on Friday, hitting $139.11. 370,749 shares of the stock traded hands, compared to its average volume of 500,884. The stock has a 50-day moving average of $150.25 and a 200 day moving average of $149.56. AptarGroup, Inc. has a twelve month low of $130.85 and a twelve month high of $178.03. The company has a market capitalization of $9.16 billion, a P/E ratio of 23.94, a price-to-earnings-growth ratio of 2.88 and a beta of 0.57. The company has a current ratio of 1.21, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20.

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 the consensus estimate of $1.58 by $0.08. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The firm had revenue of $966.01 million for the quarter, compared to analysts' expectations of $954.06 million. During the same quarter in the prior year, the firm posted $1.41 earnings per share. AptarGroup's revenue for the quarter 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, analysts expect that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The company 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. The ex-dividend date was Thursday, July 24th. This represents a $1.80 annualized dividend and a yield of 1.3%. AptarGroup's dividend payout ratio is presently 30.98%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Wall Street Zen raised AptarGroup from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. Raymond James Financial reissued an "outperform" rating and issued a $172.00 price target (down previously from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $153.00 price target (down previously from $173.00) on shares of AptarGroup in a report on Monday, August 4th. One 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. Based on data from MarketBeat, AptarGroup currently has an average rating of "Buy" and an average target price of $174.60.

Insider Buying and Selling

In other news, insider Gael Touya sold 3,300 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $152.62, for a total transaction of $503,646.00. Following the sale, the insider directly owned 33,963 shares in the company, valued at approximately $5,183,433.06. This represents a 8.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kimberly Chainey sold 1,671 shares of the stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $152.79, for a total value of $255,312.09. Following the sale, the executive vice president owned 11,088 shares in the company, valued at $1,694,135.52. The trade was a 13.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by corporate insiders.

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.