AptarGroup, Inc. $ATR Shares Purchased by Voya Investment Management LLC

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 lifted its stake in shares of 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 firm owned 116,532 shares of the industrial products company's stock after acquiring an additional 42,092 shares during the quarter. Voya Investment Management LLC owned approximately 0.18% of AptarGroup worth $17,291,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Strs Ohio purchased a new position in AptarGroup during the first quarter valued at approximately $1,910,000. Focus Partners Wealth grew its holdings in AptarGroup by 94.4% in the first quarter. Focus Partners Wealth now owns 65,871 shares of the industrial products company's stock worth $9,774,000 after purchasing an additional 31,985 shares during the last quarter. Bayforest Capital Ltd grew its holdings in AptarGroup by 252.2% in the first quarter. Bayforest Capital Ltd now owns 3,705 shares of the industrial products company's stock worth $550,000 after purchasing an additional 2,653 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in AptarGroup by 8.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 228,066 shares of the industrial products company's stock worth $33,840,000 after purchasing an additional 18,315 shares during the last quarter. Finally, Empowered Funds LLC grew its holdings in AptarGroup by 31.0% in the first quarter. Empowered Funds LLC now owns 2,835 shares of the industrial products company's stock worth $421,000 after purchasing an additional 671 shares during the last quarter. 88.52% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related 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 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 represents a 7.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shiela Vinczeller sold 1,167 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $137.97, for a total transaction of $161,010.99. Following the completion of the sale, the insider directly 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. 0.68% of the stock is currently owned by corporate insiders.

AptarGroup Stock Performance

NYSE ATR traded down $0.07 on Friday, reaching $134.43. 877,176 shares of the company's stock traded hands, compared to its average volume of 404,187. The stock has a 50 day moving average price of $143.80 and a 200-day moving average price of $148.48. The firm has a market cap of $8.86 billion, a price-to-earnings ratio of 23.14, a P/E/G ratio of 2.77 and a beta of 0.57. AptarGroup, Inc. has a fifty-two week low of $130.85 and a fifty-two week high of $178.03. 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 issued its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 earnings per share for the quarter, topping analysts' consensus estimates of $1.58 by $0.08. The business had revenue of $966.01 million during the quarter, compared to the consensus estimate of $954.06 million. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The company's revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.41 earnings per share. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Equities research analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, October 23rd. This represents a $1.92 annualized dividend and a yield of 1.4%. This is a boost from AptarGroup's previous quarterly dividend of $0.45. AptarGroup's dividend payout ratio is currently 30.98%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ATR. KeyCorp began coverage on shares of AptarGroup in a report on Wednesday, September 3rd. They issued an "overweight" rating and a $220.00 price target on the stock. Raymond James Financial reissued 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. Finally, Wells Fargo & Company dropped their price objective on shares of AptarGroup from $153.00 to $152.00 and set an "overweight" rating on the stock in a report on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $182.00.

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.