Gael Touya Sells 2,500 Shares of AptarGroup (NYSE:ATR) Stock

Key Points

• Gael Touya, an insider at AptarGroup, sold 2,500 shares at an average price of $136.12, resulting in a total of $340,300 from the transaction, decreasing their ownership by 7.36%.
• AptarGroup recently declared a quarterly dividend of $0.48, an increase from the previous $0.45, with the ex-dividend date set for October 23rd.
• Wall Street analysts have set new price targets for AptarGroup, with KeyCorp initiating coverage with an "overweight" rating and a target of $220.00, while others have revised their targets slightly lower.

AptarGroup, Inc. (NYSE:ATR - Get Free Report) insider Gael Touya sold 2,500 shares of the 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 sale, the insider directly owned 31,463 shares in the company, valued at $4,282,743.56. This represents a 7.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

AptarGroup Stock Up 1.3%

Shares of ATR traded up $1.74 during mid-day trading on Wednesday, reaching $136.95. The company's stock had a trading volume of 105,948 shares, compared to its average volume of 388,523. AptarGroup, Inc. has a 12-month low of $130.85 and a 12-month high of $178.03. The stock has a market cap of $9.02 billion, a PE ratio of 23.49, a price-to-earnings-growth ratio of 2.78 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 company's 50 day moving average is $145.25 and its 200 day moving average is $148.74.

AptarGroup (NYSE:ATR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $954.06 million. During the same quarter in the prior year, the business posted $1.41 EPS. The business's revenue for the quarter was up 6.1% on a year-over-year basis. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Equities analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Increases Dividend

The company also recently declared 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 is Thursday, October 23rd. This represents a $1.92 dividend on an annualized basis and a yield of 1.4%. This is a boost from AptarGroup's previous quarterly dividend of $0.45. AptarGroup's dividend payout ratio (DPR) is 30.98%.

Hedge Funds Weigh In On AptarGroup

Several hedge funds and other institutional investors have recently bought and sold shares of ATR. Simplex Trading LLC raised its holdings in AptarGroup by 107.4% during the first quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock worth $33,000 after purchasing an additional 116 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of AptarGroup in the first quarter worth $33,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of AptarGroup by 155.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 278 shares of the industrial products company's stock worth $41,000 after acquiring an additional 169 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of AptarGroup by 281.9% in the first 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, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of AptarGroup by 164.8% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 331 shares of the industrial products company's stock worth $52,000 after acquiring an additional 206 shares during the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ATR has been the topic of a number of research reports. KeyCorp started coverage on AptarGroup in a research note on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 price target on the stock. Wells Fargo & Company lowered their target price on AptarGroup from $153.00 to $152.00 and set an "overweight" rating on the stock in a research note on Wednesday, September 10th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $172.00 target price (down from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $182.00.

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.