Insider Selling: AptarGroup (NYSE:ATR) Insider Sells 2,500 Shares of 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 that occurred on Thursday, September 11th. The shares were sold at an average price of $136.12, for a total transaction of $340,300.00. Following the sale, the insider directly owned 31,463 shares in the company, valued at $4,282,743.56. This trade represents a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

AptarGroup Trading Down 0.8%

NYSE ATR traded down $1.06 during trading hours on Friday, hitting $136.04. The company's stock had a trading volume of 31,780 shares, compared to its average volume of 388,906. AptarGroup, Inc. has a twelve month low of $130.85 and a twelve month high of $178.03. The firm has a market capitalization of $8.96 billion, a P/E ratio of 23.44, a PEG ratio of 2.81 and a beta of 0.57. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.20. The stock has a fifty day moving average of $146.79 and a 200 day moving average of $148.97.

AptarGroup (NYSE:ATR - Get Free Report) last released its earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share for the quarter, beating 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 firm had revenue of $966.01 million for the quarter, compared to analyst estimates of $954.06 million. During the same quarter in the prior year, the firm posted $1.41 earnings per share. The company's quarterly revenue was up 6.1% on a year-over-year basis. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Equities research analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 13th. Stockholders of record on Thursday, October 23rd will be issued a $0.48 dividend. This is a positive change from AptarGroup's previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, October 23rd. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. AptarGroup's dividend payout ratio (DPR) is presently 33.05%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Simplex Trading LLC increased 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 buying an additional 116 shares during the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of AptarGroup by 18.2% during the 1st quarter. Avantax Advisory Services Inc. now owns 2,256 shares of the industrial products company's stock worth $335,000 after acquiring an additional 348 shares during the period. UMB Bank n.a. boosted its position in AptarGroup by 116.9% during the first quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock worth $89,000 after purchasing an additional 325 shares during the period. LPL Financial LLC raised its holdings in AptarGroup by 10.4% in the 1st quarter. LPL Financial LLC now owns 47,234 shares of the industrial products company's stock valued at $6,794,000 after acquiring an additional 4,451 shares during the period. Finally, Fifth Third Bancorp boosted its stake in AptarGroup by 18.0% in the 1st quarter. Fifth Third Bancorp now owns 2,837 shares of the industrial products company's stock valued at $421,000 after purchasing an additional 433 shares during the period. Institutional investors and hedge funds own 88.52% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. KeyCorp started coverage on AptarGroup in a report on Wednesday, September 3rd. They set an "overweight" rating and a $220.00 price objective on the stock. Wells Fargo & Company reduced their price target on shares of AptarGroup from $153.00 to $152.00 and set an "overweight" rating for the company in a report on Wednesday. Finally, Raymond James Financial reaffirmed 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 research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price 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.

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