Palisade Capital Management LP Makes New $2.21 Million Investment in AptarGroup, Inc. $ATR

Palisade Capital Management LP acquired a new position in shares of AptarGroup, Inc. (NYSE:ATR) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,663 shares of the industrial products company’s stock, valued at approximately $2,211,000.

A number of other institutional investors and hedge funds also recently modified their holdings of ATR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in AptarGroup by 28.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,399 shares of the industrial products company’s stock worth $356,000 after purchasing an additional 534 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of AptarGroup by 22.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 88,716 shares of the industrial products company’s stock worth $13,164,000 after buying an additional 16,145 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of AptarGroup by 31.0% during the 1st quarter. Empowered Funds LLC now owns 2,835 shares of the industrial products company’s stock worth $421,000 after buying an additional 671 shares during the period. Cetera Investment Advisers grew its stake in AptarGroup by 29.3% in the 2nd quarter. Cetera Investment Advisers now owns 3,402 shares of the industrial products company’s stock valued at $532,000 after buying an additional 770 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in AptarGroup by 135.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 747 shares of the industrial products company’s stock valued at $117,000 after buying an additional 430 shares during the last quarter. 88.52% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ATR shares. Wells Fargo & Company boosted their price objective on AptarGroup from $145.00 to $155.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Bank of America upgraded AptarGroup from a “neutral” rating to a “buy” rating and set a $173.00 target price on the stock in a research note on Tuesday, July 14th. Weiss Ratings reissued a “hold (c)” rating on shares of AptarGroup in a report on Wednesday, June 24th. Zacks Research upgraded AptarGroup from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of AptarGroup in a report on Wednesday, July 15th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $172.80.

Insider Buying and Selling

In related news, insider Hedi Tlili sold 8,854 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $135.00, for a total value of $1,195,290.00. Following the completion of the sale, the insider directly owned 15,379 shares in the company, valued at $2,076,165. This represents a 36.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Stephan B. Tanda sold 9,838 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $136.16, for a total value of $1,339,542.08. Following the completion of the sale, the chief executive officer directly owned 238,729 shares of the company’s stock, valued at approximately $32,505,340.64. The trade was a 3.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 22,247 shares of company stock worth $2,935,161 in the last 90 days. Insiders own 0.73% of the company’s stock.

AptarGroup Stock Up 0.1%

NYSE ATR opened at $134.86 on Wednesday. The business has a fifty day moving average price of $129.83 and a two-hundred day moving average price of $127.77. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.61 and a quick ratio of 1.10. AptarGroup, Inc. has a fifty-two week low of $103.23 and a fifty-two week high of $146.91. The stock has a market capitalization of $8.57 billion, a PE ratio of 24.39, a PEG ratio of 3.44 and a beta of 0.39.

AptarGroup (NYSE:ATR) last released its earnings results on Thursday, July 30th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.07. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. AptarGroup had a return on equity of 13.31% and a net margin of 9.22%.The business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.66 earnings per share. AptarGroup has set its Q3 2026 guidance at 1.450-1.530 EPS. Equities analysts expect that AptarGroup, Inc. will post 5.48 earnings per share for the current fiscal year.

AptarGroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, July 30th were given a dividend of $0.48 per share. The ex-dividend date was Thursday, July 30th. This represents a $1.92 dividend on an annualized basis and a yield of 1.4%. AptarGroup’s payout ratio is currently 34.72%.

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.