Legal & General Group Plc decreased its holdings in shares of AptarGroup, Inc. (NYSE:ATR – Free Report) by 18.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 109,160 shares of the industrial products company’s stock after selling 24,803 shares during the period. Legal & General Group Plc’s holdings in AptarGroup were worth $13,313,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. State Street Corp boosted its stake in shares of AptarGroup by 1.5% in the second quarter. State Street Corp now owns 2,868,365 shares of the industrial products company’s stock valued at $448,698,000 after buying an additional 43,188 shares in the last quarter. Boston Trust Walden Corp raised its position in AptarGroup by 14.6% in the fourth quarter. Boston Trust Walden Corp now owns 1,414,719 shares of the industrial products company’s stock worth $172,539,000 after acquiring an additional 180,365 shares in the last quarter. Dimensional Fund Advisors LP raised its position in AptarGroup by 7.4% in the third quarter. Dimensional Fund Advisors LP now owns 959,361 shares of the industrial products company’s stock worth $128,220,000 after acquiring an additional 66,405 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in AptarGroup by 3.9% in the third quarter. JPMorgan Chase & Co. now owns 554,168 shares of the industrial products company’s stock valued at $74,072,000 after acquiring an additional 21,019 shares during the period. Finally, AQR Capital Management LLC boosted its position in shares of AptarGroup by 32.6% during the 3rd quarter. AQR Capital Management LLC now owns 536,933 shares of the industrial products company’s stock worth $71,321,000 after purchasing an additional 131,867 shares in the last quarter. 88.52% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
ATR has been the topic of a number of recent analyst reports. Zacks Research raised shares of AptarGroup from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Robert W. Baird set a $156.00 price objective on shares of AptarGroup in a report on Monday, February 9th. Wells Fargo & Company upped their target price on shares of AptarGroup from $144.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of AptarGroup in a report on Friday, March 27th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $173.25.
AptarGroup Trading Down 0.1%
Shares of ATR stock opened at $112.24 on Wednesday. AptarGroup, Inc. has a fifty-two week low of $103.23 and a fifty-two week high of $164.28. The stock has a market cap of $7.16 billion, a P/E ratio of 19.22, a P/E/G ratio of 2.66 and a beta of 0.40. The business has a fifty day simple moving average of $122.92 and a 200-day simple moving average of $125.78. The company has a quick ratio of 1.14, a current ratio of 1.66 and a debt-to-equity ratio of 0.43.
AptarGroup (NYSE:ATR – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.15 by $0.04. The business had revenue of $982.87 million for the quarter, compared to analyst estimates of $955.95 million. AptarGroup had a net margin of 9.98% and a return on equity of 13.98%. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.20 EPS. AptarGroup has set its Q2 2026 guidance at 1.320-1.400 EPS. On average, analysts forecast that AptarGroup, Inc. will post 5.42 earnings per share for the current fiscal year.
AptarGroup Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 6th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, May 6th. AptarGroup’s dividend payout ratio is 32.88%.
AptarGroup announced that its Board of Directors has approved a share repurchase plan on Thursday, February 5th that authorizes the company to buyback $600.00 million in outstanding shares. This buyback authorization authorizes the industrial products company to reacquire up to 7.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.
Insider Activity at AptarGroup
In other news, EVP Irene Elizabeth Hudson sold 1,264 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $123.43, for a total value of $156,015.52. Following the sale, the executive vice president directly owned 1,480 shares in the company, valued at $182,676.40. This represents a 46.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.73% of the stock is owned by corporate insiders.
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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