AptarGroup, Inc. $ATR Shares Sold by Somerville Kurt F

Somerville Kurt F trimmed its position in shares of AptarGroup, Inc. (NYSE:ATRFree Report) by 1.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,314 shares of the industrial products company’s stock after selling 1,557 shares during the quarter. AptarGroup accounts for approximately 3.0% of Somerville Kurt F’s investment portfolio, making the stock its 11th biggest position. Somerville Kurt F owned 0.17% of AptarGroup worth $17,882,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. KLP Kapitalforvaltning AS boosted its holdings in AptarGroup by 3.7% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 17,000 shares of the industrial products company’s stock valued at $2,659,000 after acquiring an additional 600 shares during the period. Consolidated Planning Corp boosted its stake in shares of AptarGroup by 11.8% in the 2nd quarter. Consolidated Planning Corp now owns 8,102 shares of the industrial products company’s stock valued at $1,267,000 after buying an additional 857 shares during the period. Institute for Wealth Management LLC. purchased a new position in shares of AptarGroup in the 2nd quarter valued at about $240,000. Truist Financial Corp boosted its stake in shares of AptarGroup by 7.7% in the 2nd quarter. Truist Financial Corp now owns 22,165 shares of the industrial products company’s stock valued at $3,467,000 after buying an additional 1,578 shares during the period. Finally, Greenleaf Trust purchased a new position in shares of AptarGroup in the 2nd quarter valued at about $257,000. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. KeyCorp assumed coverage on AptarGroup in a research note on Wednesday, September 3rd. They issued an “overweight” rating and a $220.00 price objective for the company. Wells Fargo & Company decreased their price objective on AptarGroup from $153.00 to $152.00 and set an “overweight” rating for the company in a research note on Wednesday, September 10th. Raymond James Financial restated an “outperform” rating and set a $172.00 target price (down previously from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of AptarGroup in a research note on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $182.00.

View Our Latest Stock Report on AptarGroup

AptarGroup Price Performance

ATR stock opened at $130.50 on Wednesday. The business has a 50 day moving average price of $137.66 and a 200 day moving average price of $147.21. The stock has a market cap of $8.60 billion, a price-to-earnings ratio of 22.46, a PEG ratio of 2.72 and a beta of 0.55. AptarGroup, Inc. has a fifty-two week low of $129.81 and a fifty-two week high of $178.03. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.20.

AptarGroup (NYSE:ATRGet Free Report) last released its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. The company had revenue of $966.01 million for the quarter, compared to analyst estimates of $954.06 million. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The firm’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.41 earnings per share. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Equities research analysts anticipate 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. Shareholders of record on Thursday, October 23rd will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.5%. 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. AptarGroup’s dividend payout ratio is presently 30.98%.

Insider Activity at AptarGroup

In other AptarGroup news, insider Gael Touya sold 2,500 shares of AptarGroup stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $136.12, for a total transaction of $340,300.00. Following the transaction, the insider owned 31,463 shares of the company’s stock, valued at $4,282,743.56. The trade was a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Shiela Vinczeller sold 1,167 shares of AptarGroup stock in a transaction that occurred 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 transaction, the insider directly owned 25,134 shares in the company, 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. Insiders own 0.68% of the company’s stock.

About AptarGroup

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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