AptarGroup, Inc. $ATR Stock Position Trimmed by Congress Asset Management Co.

Congress Asset Management Co. decreased its position in AptarGroup, Inc. (NYSE:ATR) by 12.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 512,531 shares of the industrial products company’s stock after selling 73,907 shares during the period. Congress Asset Management Co.’s holdings in AptarGroup were worth $80,175,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ATR. Simplex Trading LLC grew its holdings in AptarGroup by 107.4% in the 1st quarter. Simplex Trading LLC now owns 224 shares of the industrial products company’s stock worth $33,000 after buying an additional 116 shares in the last quarter. SVB Wealth LLC acquired a new position in AptarGroup during the 1st quarter worth $33,000. MassMutual Private Wealth & Trust FSB grew its stake 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 purchasing an additional 169 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake 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 purchasing an additional 234 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of AptarGroup by 164.8% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 331 shares of the industrial products company’s stock valued at $52,000 after purchasing an additional 206 shares during the period. Institutional investors own 88.52% of the company’s stock.

Insider Activity at AptarGroup

In other news, insider Gael Touya sold 2,500 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $136.12, for a total value of $340,300.00. Following the completion of the sale, the insider owned 31,463 shares in the company, valued at $4,282,743.56. This represents a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Shiela Vinczeller sold 1,167 shares of the firm’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $137.97, for a total value of $161,010.99. Following the completion of the sale, the insider directly owned 25,134 shares of the company’s stock, valued at approximately $3,467,737.98. This trade represents a 4.44% decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ATR shares. Wells Fargo & Company reduced their price objective on shares of AptarGroup from $153.00 to $152.00 and set an “overweight” rating for the company in a report on Wednesday, September 10th. Raymond James Financial reaffirmed an “outperform” rating and issued a $172.00 price target (down from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. Finally, KeyCorp began coverage on shares of AptarGroup in a research note on Wednesday, September 3rd. They set an “overweight” rating and a $220.00 price objective on the stock. One 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.com, AptarGroup currently has a consensus rating of “Buy” and a consensus price target of $182.00.

AptarGroup Price Performance

Shares of NYSE:ATR opened at $130.92 on Friday. The company has a market capitalization of $8.63 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 2.71 and a beta of 0.57. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.21. The stock has a fifty day moving average of $141.89 and a 200-day moving average of $147.96. AptarGroup, Inc. has a one year low of $130.27 and a one year high of $178.03.

AptarGroup (NYSE:ATR) last announced its earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, topping 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 company had revenue of $966.01 million for the quarter, compared to analyst estimates of $954.06 million. During the same period in the previous year, the firm earned $1.41 earnings per share. AptarGroup’s revenue for the quarter was up 6.1% compared to the same quarter last year. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. As a group, equities analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 13th. Stockholders of record on Thursday, October 23rd will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.5%. This is an increase from AptarGroup’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, October 23rd. AptarGroup’s payout ratio is 30.98%.

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.