AptarGroup (NYSE:ATR – Get Free Report) had its price target upped by stock analysts at Wells Fargo & Company from $144.00 to $145.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the industrial products company’s stock. Wells Fargo & Company‘s price target points to a potential upside of 19.67% from the company’s previous close.
A number of other brokerages also recently commented on ATR. Weiss Ratings reissued a “hold (c)” rating on shares of AptarGroup in a research report on Friday, March 27th. KeyCorp reaffirmed an “overweight” rating and issued a $220.00 price target on shares of AptarGroup in a report on Friday, January 9th. Finally, Robert W. Baird set a $156.00 price target on AptarGroup in a report on Monday, February 9th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $173.25.
View Our Latest Report on AptarGroup
AptarGroup Trading Up 1.8%
AptarGroup (NYSE:ATR – Get Free Report) last released its earnings results on Thursday, April 30th. The industrial products company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.04. The company had revenue of $982.87 million during the quarter, compared to the consensus estimate of $955.95 million. AptarGroup had a return on equity of 13.98% and a net margin of 9.98%.AptarGroup’s revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.20 EPS. AptarGroup has set its Q2 2026 guidance at 1.320-1.400 EPS. As a group, equities research analysts forecast that AptarGroup will post 5.38 earnings per share for the current year.
AptarGroup announced that its Board of Directors has authorized a share buyback plan on Thursday, February 5th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the industrial products company to buy up to 7.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
Insider Activity at AptarGroup
In other news, insider Gael Touya sold 3,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $141.35, for a total transaction of $494,725.00. Following the completion of the sale, the insider owned 27,963 shares in the company, valued at $3,952,570.05. This represents a 11.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.73% of the stock is owned by company insiders.
Institutional Investors Weigh In On AptarGroup
Several large investors have recently modified their holdings of ATR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of AptarGroup by 28.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,399 shares of the industrial products company’s stock worth $356,000 after purchasing an additional 534 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of AptarGroup by 22.2% during the first quarter. Goldman Sachs Group Inc. now owns 88,716 shares of the industrial products company’s stock worth $13,164,000 after purchasing an additional 16,145 shares during the last quarter. Empowered Funds LLC raised its stake in shares of AptarGroup by 31.0% during the first quarter. Empowered Funds LLC now owns 2,835 shares of the industrial products company’s stock worth $421,000 after purchasing an additional 671 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of AptarGroup by 29.3% during the second quarter. Cetera Investment Advisers now owns 3,402 shares of the industrial products company’s stock worth $532,000 after purchasing an additional 770 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of AptarGroup by 135.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 747 shares of the industrial products company’s stock worth $117,000 after purchasing an additional 430 shares during the last quarter. Hedge funds and other institutional investors own 88.52% of the company’s stock.
AptarGroup Company Profile
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.
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