Strs Ohio Purchases New Position in AptarGroup, Inc. $ATR

Key Points

• Strs Ohio has acquired a new stake in AptarGroup, Inc., acquiring 12,874 shares valued at approximately $1.91 million during the first quarter.
• AptarGroup has declared an increase in its quarterly dividend to $0.48 per share, up from $0.45, reflecting a 1.4% annualized dividend yield.
• The company reported $1.66 EPS for its latest quarterly earnings, exceeding analysts' expectations of $1.58, with a revenue of approximately $966 million for the quarter.

Strs Ohio acquired a new stake in AptarGroup, Inc. (NYSE:ATR - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 12,874 shares of the industrial products company's stock, valued at approximately $1,910,000.

A number of other large investors have also recently made changes to their positions in the company. Victory Capital Management Inc. raised its stake in AptarGroup by 12.6% during the 1st quarter. Victory Capital Management Inc. now owns 2,219,191 shares of the industrial products company's stock valued at $329,284,000 after acquiring an additional 247,519 shares during the last quarter. Boston Trust Walden Corp raised its stake in AptarGroup by 0.5% during the 1st quarter. Boston Trust Walden Corp now owns 1,139,603 shares of the industrial products company's stock valued at $169,094,000 after acquiring an additional 5,892 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in AptarGroup by 12.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 800,182 shares of the industrial products company's stock valued at $118,723,000 after acquiring an additional 87,719 shares during the last quarter. Fiduciary Management Inc. WI raised its stake in shares of AptarGroup by 40.8% during the 1st quarter. Fiduciary Management Inc. WI now owns 767,636 shares of the industrial products company's stock worth $113,902,000 after buying an additional 222,577 shares in the last quarter. Finally, Federated Hermes Inc. raised its stake in shares of AptarGroup by 4.8% during the 1st quarter. Federated Hermes Inc. now owns 756,352 shares of the industrial products company's stock worth $112,228,000 after buying an additional 34,567 shares in the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.

AptarGroup Price Performance

Shares of ATR stock traded down $0.07 during mid-day trading on Friday, hitting $134.43. 877,176 shares of the stock traded hands, compared to its average volume of 404,187. The firm has a market cap of $8.86 billion, a price-to-earnings ratio of 23.14, a price-to-earnings-growth ratio of 2.77 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. The company's 50-day simple moving average is $143.80 and its 200-day simple moving average is $148.48. AptarGroup, Inc. has a twelve month low of $130.85 and a twelve month high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last released its quarterly earnings data 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. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The business had revenue of $966.01 million during the quarter, compared to analyst estimates of $954.06 million. During the same period last year, the company posted $1.41 EPS. The company's 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 expect that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 13th. Shareholders of record on Thursday, October 23rd will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.4%. This is an increase from AptarGroup's previous quarterly dividend of $0.45. The ex-dividend date is Thursday, October 23rd. AptarGroup's dividend payout ratio is 30.98%.

Insider Transactions at AptarGroup

In other news, insider Shiela Vinczeller sold 1,167 shares of AptarGroup stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $137.97, for a total value of $161,010.99. Following the transaction, the insider directly owned 25,134 shares in the company, valued at approximately $3,467,737.98. The trade was a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Gael Touya sold 2,500 shares of the business's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $136.12, for a total value of $340,300.00. Following the transaction, the insider owned 31,463 shares in the company, valued at $4,282,743.56. This represents a 7.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

Analysts Set New Price Targets

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

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.