AptarGroup (NYSE:ATR) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of AptarGroup (NYSE:ATR) from a strong sell rating to a hold rating in a research report report published on Monday morning,Zacks.com reports.

Other research analysts also recently issued reports about the company. Weiss Ratings restated a “hold (c)” rating on shares of AptarGroup in a research note on Friday, March 27th. Wells Fargo & Company raised their price target on AptarGroup from $144.00 to $145.00 and gave the company an “overweight” rating in a research note on Monday. KeyCorp restated an “overweight” rating and issued a $220.00 price target on shares of AptarGroup in a research note on Friday, January 9th. Finally, Robert W. Baird set a $156.00 price target on AptarGroup in a research note on Monday, February 9th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $173.25.

AptarGroup Trading Up 1.2%

NYSE ATR opened at $122.05 on Monday. The stock has a market capitalization of $7.79 billion, a price-to-earnings ratio of 20.90, a PEG ratio of 2.85 and a beta of 0.42. The stock’s 50 day moving average price is $129.75 and its two-hundred day moving average price is $126.58. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.14 and a current ratio of 1.66. AptarGroup has a 52 week low of $103.23 and a 52 week high of $164.28.

AptarGroup (NYSE:ATR) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. The firm had revenue of $982.87 million during the quarter, compared to the consensus estimate of $955.95 million. AptarGroup had a return on equity of 13.98% and a net margin of 9.98%.The business’s revenue was up 10.8% compared to the same quarter last year. During the same period last year, the company earned $1.20 earnings per share. AptarGroup has set its Q2 2026 guidance at 1.320-1.400 EPS. As a group, analysts anticipate that AptarGroup will post 5.42 earnings per share for the current fiscal year.

AptarGroup declared that its Board of Directors has approved a stock buyback program on Thursday, February 5th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the industrial products company to repurchase up to 7.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

AptarGroup Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 6th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Wednesday, May 6th. AptarGroup’s payout ratio is currently 32.88%.

Insider Activity at AptarGroup

In other news, insider Gael Touya sold 3,500 shares of AptarGroup stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $141.35, for a total transaction of $494,725.00. Following the completion of the transaction, the insider directly owned 27,963 shares in the company, valued at approximately $3,952,570.05. The trade was a 11.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.73% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp boosted its stake in shares of AptarGroup by 1.5% during the 2nd quarter. State Street Corp now owns 2,868,365 shares of the industrial products company’s stock worth $448,698,000 after acquiring an additional 43,188 shares during the period. Mawer Investment Management Ltd. boosted its stake in shares of AptarGroup by 97.0% during the 3rd quarter. Mawer Investment Management Ltd. now owns 2,759,026 shares of the industrial products company’s stock worth $368,771,000 after acquiring an additional 1,358,269 shares during the period. Victory Capital Management Inc. boosted its stake in shares of AptarGroup by 4.0% during the 4th quarter. Victory Capital Management Inc. now owns 2,291,454 shares of the industrial products company’s stock worth $279,466,000 after acquiring an additional 88,717 shares during the period. Geode Capital Management LLC boosted its stake in shares of AptarGroup by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,618,896 shares of the industrial products company’s stock worth $197,473,000 after acquiring an additional 15,197 shares during the period. Finally, Boston Trust Walden Corp boosted its stake in shares of AptarGroup by 14.6% during the 4th quarter. Boston Trust Walden Corp now owns 1,414,719 shares of the industrial products company’s stock worth $172,539,000 after acquiring an additional 180,365 shares during the period. 88.52% of the stock is currently owned by institutional investors.

About AptarGroup

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.