Somerville Kurt F Makes New Investment in AptarGroup, Inc. $ATR

Somerville Kurt F acquired a new stake in shares of AptarGroup, Inc. (NYSE:ATRFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 55,419 shares of the industrial products company’s stock, valued at approximately $6,938,000. AptarGroup makes up approximately 1.7% of Somerville Kurt F’s portfolio, making the stock its 25th largest holding. Somerville Kurt F owned 0.09% of AptarGroup at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in shares of AptarGroup by 20.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 543 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 91 shares during the period. State of Wyoming increased its position in shares of AptarGroup by 4.5% during the first quarter. State of Wyoming now owns 2,252 shares of the industrial products company’s stock valued at $284,000 after acquiring an additional 98 shares during the last quarter. Salomon & Ludwin LLC increased its position in shares of AptarGroup by 38.5% during the fourth quarter. Salomon & Ludwin LLC now owns 360 shares of the industrial products company’s stock valued at $44,000 after acquiring an additional 100 shares during the last quarter. Coldstream Capital Management Inc. raised its stake in shares of AptarGroup by 2.8% in the 3rd quarter. Coldstream Capital Management Inc. now owns 3,923 shares of the industrial products company’s stock valued at $524,000 after acquiring an additional 105 shares during the period. Finally, Vident Advisory LLC raised its stake in shares of AptarGroup by 5.1% in the 2nd quarter. Vident Advisory LLC now owns 2,304 shares of the industrial products company’s stock valued at $360,000 after acquiring an additional 112 shares during the period. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at AptarGroup

In related news, insider Shiela Vinczeller sold 3,555 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $112.61, for a total transaction of $400,328.55. Following the completion of the transaction, the insider owned 27,078 shares in the company, valued at approximately $3,049,253.58. The trade was a 11.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Stephan B. Tanda sold 9,838 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $136.16, for a total transaction of $1,339,542.08. Following the transaction, the chief executive officer 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. In the last three months, insiders sold 22,247 shares of company stock valued at $2,935,161. Insiders own 0.73% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on ATR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of AptarGroup in a research report on Wednesday, June 24th. Bank of America raised AptarGroup from a “neutral” rating to a “buy” rating and set a $173.00 target price on the stock in a research report on Tuesday, July 14th. Wells Fargo & Company upped their price target on AptarGroup from $145.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Zacks Research upgraded AptarGroup from a “strong sell” rating to a “hold” rating in a research report 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 research note on Wednesday, July 15th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $172.80.

Read Our Latest Stock Analysis on AptarGroup

AptarGroup Stock Up 1.0%

Shares of NYSE:ATR opened at $133.00 on Thursday. The firm’s 50 day moving average price is $128.54 and its 200 day moving average price is $127.53. The stock has a market cap of $8.46 billion, a price-to-earnings ratio of 24.05, a price-to-earnings-growth ratio of 3.24 and a beta of 0.39. AptarGroup, Inc. has a fifty-two week low of $103.23 and a fifty-two week high of $146.91. The company has a quick ratio of 1.10, a current ratio of 1.61 and a debt-to-equity ratio of 0.42.

AptarGroup (NYSE:ATRGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.07. AptarGroup had a net margin of 9.22% and a return on equity of 13.31%. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the firm earned $1.66 earnings per share. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. AptarGroup has set its Q3 2026 guidance at 1.450-1.530 EPS. As a group, equities research analysts predict that AptarGroup, Inc. will post 5.48 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

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

AptarGroup Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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