Wealth Enhancement Advisory Services LLC Buys 2,176 Shares of AptarGroup, Inc. $ATR

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in AptarGroup by 22.9%, acquiring an additional 2,176 shares, bringing its total holdings to 11,691 shares valued at $1,883,000.
• The company announced a quarterly dividend of $0.48, an increase from the previous $0.45, equating to an annualized dividend yield of 1.5%.
• AptarGroup's latest earnings report showed a revenue of $966.01 million, exceeding estimates, with an EPS of $1.66, surpassing projections by $0.08.

Wealth Enhancement Advisory Services LLC boosted its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 22.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,691 shares of the industrial products company's stock after purchasing an additional 2,176 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in AptarGroup were worth $1,883,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in ATR. Banque Transatlantique SA bought a new stake in AptarGroup in the 1st quarter worth approximately $41,728,000. Victory Capital Management Inc. grew its position in AptarGroup by 12.6% in the 1st quarter. Victory Capital Management Inc. now owns 2,219,191 shares of the industrial products company's stock worth $329,284,000 after purchasing an additional 247,519 shares during the period. Fiduciary Management Inc. WI grew its position in AptarGroup by 40.8% in the 1st quarter. Fiduciary Management Inc. WI now owns 767,636 shares of the industrial products company's stock worth $113,902,000 after purchasing an additional 222,577 shares during the period. Nuveen LLC bought a new stake in AptarGroup in the 1st quarter worth approximately $21,549,000. Finally, Segall Bryant & Hamill LLC bought a new stake in AptarGroup in the 1st quarter worth approximately $20,082,000. Institutional investors own 88.52% of the company's stock.

Analyst Ratings Changes

ATR has been the subject of a number of recent research reports. Raymond James Financial reissued an "outperform" rating and set a $172.00 price objective (down previously from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. KeyCorp initiated coverage on shares of AptarGroup in a research report on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 price objective for the company. Finally, Wells Fargo & Company cut their price objective on shares of AptarGroup from $153.00 to $152.00 and set an "overweight" rating for the company in a research report on Wednesday, September 10th. 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 stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $182.00.

AptarGroup Trading Up 1.2%

Shares of ATR stock opened at $132.39 on Monday. The company has a market cap of $8.72 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 2.73 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. The firm has a fifty day moving average price of $141.41 and a 200-day moving average price of $147.89. AptarGroup, Inc. has a 1 year low of $130.27 and a 1 year high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last issued its 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 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%. AptarGroup's quarterly 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 EPS. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. As a group, equities analysts predict that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, October 23rd. This represents a $1.92 annualized dividend and a yield of 1.5%. This is an increase from AptarGroup's previous quarterly dividend of $0.45. AptarGroup's payout ratio is currently 30.98%.

Insider Buying and Selling at AptarGroup

In related news, insider Shiela Vinczeller sold 1,167 shares of the company's stock in a transaction on Friday, September 5th. The shares were sold at an average price of $137.97, for a total value 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 represents a 4.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Gael Touya sold 2,500 shares of the company's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $136.12, for a total transaction of $340,300.00. Following the completion of the transaction, the insider directly owned 31,463 shares of the company's stock, valued at $4,282,743.56. This represents a 7.36% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company's stock.

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.

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