Sequoia Financial Advisors LLC purchased a new stake in AptarGroup, Inc. (NYSE:ATR – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,493 shares of the industrial products company’s stock, valued at approximately $390,000.
Other large investors have also recently added to or reduced their stakes in the company. Simplex Trading LLC boosted its position in shares of AptarGroup by 107.4% in the first quarter. Simplex Trading LLC now owns 224 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 116 shares during the period. SVB Wealth LLC bought a new stake in AptarGroup in the 1st quarter valued at about $33,000. Northwestern Mutual Wealth Management Co. boosted its holdings in AptarGroup by 281.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 234 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of AptarGroup by 164.8% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 331 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 206 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in shares of AptarGroup during the second quarter worth approximately $74,000. Institutional investors own 88.52% of the company’s stock.
Insiders Place Their Bets
In other AptarGroup news, insider Gael Touya sold 2,500 shares of the firm’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $136.12, for a total value of $340,300.00. Following the completion of the sale, the insider directly owned 31,463 shares in the company, valued at approximately $4,282,743.56. This trade represents a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shiela Vinczeller sold 1,167 shares of the business’s stock in a transaction dated Friday, September 5th. The shares were 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 $3,467,737.98. The trade was a 4.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.
AptarGroup Trading Up 0.5%
AptarGroup (NYSE:ATR – Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.66 EPS for the quarter, beating 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 firm had revenue of $966.01 million for the quarter, compared to analyst estimates of $954.06 million. During the same period last year, the firm posted $1.41 earnings per share. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Equities research analysts predict 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 dividend on an annualized basis and a 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 currently 30.98%.
Wall Street Analyst Weigh In
ATR has been the topic of a number of analyst reports. Wells Fargo & Company reduced their price target on AptarGroup from $153.00 to $152.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 10th. Raymond James Financial reiterated an “outperform” rating and set a $172.00 target price (down from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. Weiss Ratings cut AptarGroup from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Finally, KeyCorp started coverage on shares of AptarGroup in a research report on Wednesday, September 3rd. They set an “overweight” rating and a $220.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $175.40.
View Our Latest Stock Analysis on ATR
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.
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