Russell Investments Group Ltd. Grows Stake in AptarGroup, Inc. $ATR

Key Points

• Russell Investments Group Ltd. increased its stake in AptarGroup, Inc. by 62.6%, holding a total of 21,857 shares worth approximately $3.24 million as of the latest filing with the SEC.
• Analyst ratings for AptarGroup include an "outperform" rating from Raymond James with a revised price target of $172.00 and an upgraded "buy" rating from Wall Street Zen.
• AptarGroup reported quarterly earnings of $1.66 per share, surpassing estimates, and declared a quarterly dividend of $0.45 per share with a yield of 1.3%.

Russell Investments Group Ltd. lifted its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 62.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,857 shares of the industrial products company's stock after acquiring an additional 8,418 shares during the quarter. Russell Investments Group Ltd.'s holdings in AptarGroup were worth $3,243,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Utah Retirement Systems increased its position in AptarGroup by 0.9% during the 4th quarter. Utah Retirement Systems now owns 10,981 shares of the industrial products company's stock valued at $1,725,000 after purchasing an additional 100 shares during the period. Nia Impact Advisors LLC lifted its position in shares of AptarGroup by 1.0% in the 4th quarter. Nia Impact Advisors LLC now owns 9,690 shares of the industrial products company's stock worth $1,522,000 after purchasing an additional 100 shares during the period. Louisiana State Employees Retirement System boosted its stake in shares of AptarGroup by 0.5% during the 1st 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 in the last quarter. Koshinski Asset Management Inc. increased its position in shares of AptarGroup by 1.3% during the first quarter. Koshinski Asset Management Inc. now owns 7,818 shares of the industrial products company's stock valued at $1,160,000 after buying an additional 104 shares during the period. Finally, Simplex Trading LLC raised its stake in 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 in the last quarter. Hedge funds and other institutional investors own 88.52% of the company's stock.

Analyst Upgrades and Downgrades

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

Insider Activity

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

AptarGroup Price Performance

Shares of NYSE ATR opened at $141.4070 on Friday. The company has a 50 day simple moving average of $151.32 and a two-hundred day simple moving average of $149.72. AptarGroup, Inc. has a fifty-two week low of $130.85 and a fifty-two week high of $178.03. The company 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 (NYSE:ATR - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.08. The company had revenue of $966.01 million for the quarter, compared to the consensus estimate of $954.06 million. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The firm's quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.41 EPS. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Analysts expect that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Dividend Announcement

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

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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