Sone Capital Management LLC purchased a new stake in AptarGroup, Inc. (NYSE:ATR – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 90,366 shares of the industrial products company’s stock, valued at approximately $11,314,000.
A number of other hedge funds have also modified their holdings of the business. BlackRock Inc. acquired a new stake in shares of AptarGroup during the 2nd quarter worth about $768,464,000. State Street Corp lifted its position in AptarGroup by 1.5% in the second quarter. State Street Corp now owns 2,868,365 shares of the industrial products company’s stock valued at $448,698,000 after buying an additional 43,188 shares during the last quarter. Victory Capital Management Inc. boosted its stake in AptarGroup by 4.0% during the fourth quarter. Victory Capital Management Inc. now owns 2,291,454 shares of the industrial products company’s stock worth $279,466,000 after buying an additional 88,717 shares during the period. Geode Capital Management LLC boosted its stake in AptarGroup by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 1,618,896 shares of the industrial products company’s stock worth $197,473,000 after buying an additional 15,197 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in AptarGroup by 15.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,504,473 shares of the industrial products company’s stock worth $189,581,000 after buying an additional 203,672 shares during the period. 88.52% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company boosted their price target on shares of AptarGroup from $145.00 to $155.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Zacks Research raised shares of AptarGroup from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Raymond James Financial reiterated an “outperform” rating and issued a $160.00 target price on shares of AptarGroup in a report on Wednesday, July 15th. Weiss Ratings reissued a “hold (c)” rating on shares of AptarGroup in a research report on Wednesday, June 24th. Finally, Bank of America upgraded AptarGroup from a “neutral” rating to a “buy” rating and set a $173.00 price target on the stock in a research note on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, AptarGroup has a consensus rating of “Moderate Buy” and an average price target of $172.80.
AptarGroup Stock Performance
Shares of AptarGroup stock opened at $134.74 on Tuesday. The stock has a market capitalization of $8.57 billion, a price-to-earnings ratio of 24.36, a price-to-earnings-growth ratio of 3.32 and a beta of 0.39. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.61 and a quick ratio of 1.10. The business has a 50-day moving average of $129.54 and a 200 day moving average of $127.73. AptarGroup, Inc. has a 12 month low of $103.23 and a 12 month high of $146.91.
AptarGroup (NYSE:ATR – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.07. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.01 billion. AptarGroup had a net margin of 9.22% and a return on equity of 13.31%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.66 earnings per share. AptarGroup has set its Q3 2026 guidance at 1.450-1.530 EPS. As a group, sell-side analysts forecast that AptarGroup, Inc. will post 5.48 earnings per share for the current year.
AptarGroup Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, July 30th were issued a $0.48 dividend. The ex-dividend date was Thursday, July 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. AptarGroup’s payout ratio is 34.72%.
Insider Buying and Selling
In other AptarGroup news, insider Shiela Vinczeller sold 3,555 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $112.61, for a total value of $400,328.55. Following the completion of the transaction, the insider owned 27,078 shares of the company’s stock, valued at $3,049,253.58. This trade represents a 11.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Stephan B. Tanda sold 9,838 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $136.16, for a total transaction of $1,339,542.08. Following the completion of the transaction, the chief executive officer directly owned 238,729 shares of the company’s stock, valued at $32,505,340.64. This represents a 3.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,247 shares of company stock valued at $2,935,161 in the last ninety days. Company insiders own 0.73% of the company’s stock.
AptarGroup Company Profile
AptarGroup, Inc is a global provider of advanced dispensing, sealing and protection solutions for consumer and pharmaceutical markets. The company designs and manufactures a broad portfolio of products that enable the controlled delivery of liquids, gels, powders and aerosols. Its customer base spans beauty and personal care, home care, food and beverage, and pharmaceutical sectors, where innovation in packaging and drug?delivery devices drives brand differentiation and regulatory compliance.
In the consumer markets, AptarGroup offers pumps, actuators, valves, closures and specialized bottles engineered for precision, convenience and sustainability.
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