Mutual of America Capital Management LLC Trims Position in AptarGroup, Inc. $ATR

Mutual of America Capital Management LLC decreased its position in shares of AptarGroup, Inc. (NYSE:ATR) by 4.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 32,843 shares of the industrial products company’s stock after selling 1,380 shares during the quarter. Mutual of America Capital Management LLC’s holdings in AptarGroup were worth $5,138,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Louisiana State Employees Retirement System lifted its stake in shares of AptarGroup by 0.5% during the first quarter. Louisiana State Employees Retirement System now owns 18,600 shares of the industrial products company’s stock valued at $2,760,000 after buying an additional 100 shares during the period. Exchange Traded Concepts LLC raised its stake in AptarGroup by 1.9% during the second quarter. Exchange Traded Concepts LLC now owns 5,337 shares of the industrial products company’s stock worth $835,000 after purchasing an additional 100 shares during the period. Koshinski Asset Management Inc. raised its stake in AptarGroup by 1.3% during the first quarter. Koshinski Asset Management Inc. now owns 7,818 shares of the industrial products company’s stock worth $1,160,000 after purchasing an additional 104 shares during the period. Simplex Trading LLC raised its stake in AptarGroup by 107.4% during the first quarter. Simplex Trading LLC now owns 224 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 116 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in AptarGroup by 1.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,515 shares of the industrial products company’s stock worth $1,412,000 after purchasing an additional 127 shares during the period. Hedge funds and other institutional investors own 88.52% of the company’s stock.

Wall Street Analysts Forecast Growth

ATR has been the topic of a number of recent analyst reports. Weiss Ratings downgraded shares of AptarGroup from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Raymond James Financial reaffirmed an “outperform” rating and set a $172.00 price target (down previously from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. Wells Fargo & Company cut their price target on shares of AptarGroup from $153.00 to $152.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 10th. Finally, KeyCorp initiated coverage on shares of AptarGroup in a research note on Wednesday, September 3rd. They set an “overweight” rating and a $220.00 price target on the stock. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, AptarGroup has an average rating of “Moderate Buy” and an average target price of $175.40.

Insiders Place Their Bets

In related news, insider Shiela Vinczeller sold 1,167 shares of the firm’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $137.97, for a total transaction 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $340,300.00. Following the sale, the insider directly owned 31,463 shares of the company’s stock, valued at approximately $4,282,743.56. The trade was a 7.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by company insiders.

AptarGroup Price Performance

AptarGroup stock opened at $130.65 on Wednesday. AptarGroup, Inc. has a 52-week low of $127.85 and a 52-week high of $178.03. The firm has a fifty day moving average of $134.99 and a 200-day moving average of $145.99. The firm has a market capitalization of $8.61 billion, a P/E ratio of 22.49, a PEG ratio of 2.67 and a beta of 0.55. 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:ATR) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.08. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The company had revenue of $966.01 million during the quarter, compared to analyst estimates of $954.06 million. During the same quarter in the prior year, the business earned $1.41 earnings per share. The business’s quarterly revenue 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, analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, October 23rd. This is a positive change from AptarGroup’s previous quarterly dividend of $0.45. AptarGroup’s dividend payout ratio (DPR) 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.