Voya Investment Management LLC Purchases 42,092 Shares of AptarGroup, Inc. $ATR

Key Points

• Voya Investment Management LLC increased its stake in AptarGroup by 56.5% during Q1, acquiring an additional 42,092 shares, now holding approximately 116,532 shares valued at $17.3 million.
• AptarGroup recently announced a quarterly dividend increase to $0.48 per share, reflecting a 6.67% rise from the previous dividend, with an annualized yield of 1.4% and a payout ratio of 30.98%.
• Analysts gave AptarGroup a Buy rating with an average target price of $182.00, despite some price target reductions, while the company reported earnings of $1.66 per share, exceeding expectations.

Voya Investment Management LLC grew its holdings in AptarGroup, Inc. (NYSE:ATR - Free Report) by 56.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 116,532 shares of the industrial products company's stock after purchasing an additional 42,092 shares during the quarter. Voya Investment Management LLC owned about 0.18% of AptarGroup worth $17,291,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in ATR. SVB Wealth LLC bought a new position in shares of AptarGroup during the first quarter worth about $33,000. Simplex Trading LLC increased its stake in shares of AptarGroup by 107.4% in the 1st quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock valued at $33,000 after purchasing an additional 116 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in shares of AptarGroup by 155.0% in the 1st 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. Northwestern Mutual Wealth Management Co. grew its position in AptarGroup by 281.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company's stock worth $47,000 after acquiring an additional 234 shares during the last quarter. Finally, UMB Bank n.a. grew its position in shares of AptarGroup by 116.9% in the 1st quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock valued at $89,000 after buying an additional 325 shares during the last quarter. Institutional investors and hedge funds own 88.52% of the company's stock.

Analyst Ratings Changes

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

AptarGroup Price Performance

Shares of ATR opened at $134.79 on Tuesday. The firm has a market capitalization of $8.88 billion, a PE ratio of 23.20, a price-to-earnings-growth ratio of 2.79 and a beta of 0.57. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.21 and a quick ratio of 0.83. AptarGroup, Inc. has a 1-year low of $130.85 and a 1-year high of $178.03. The company's fifty day moving average price is $145.75 and its 200-day moving average price is $148.84.

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 for the quarter, beating analysts' consensus estimates of $1.58 by $0.08. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The firm had revenue of $966.01 million for the quarter, compared to analyst estimates of $954.06 million. During the same period in the previous year, the company earned $1.41 earnings per share. The business'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. On average, equities research analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Shareholders of record on Thursday, October 23rd will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend 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 payout ratio is currently 30.98%.

Insider Transactions at AptarGroup

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

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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