16,696 AptarGroup, Inc. $ATR Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC trimmed its stake in shares of AptarGroup, Inc. (NYSE:ATR) by 10.4% during the third quarter, Holdings Channel reports. The firm owned 144,239 shares of the industrial products company’s stock after selling 16,696 shares during the period. Confluence Investment Management LLC’s holdings in AptarGroup were worth $17,476,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ATR. Aurora Investment Counsel acquired a new stake in AptarGroup in the 4th quarter valued at $1,310,000. California State Teachers Retirement System raised its stake in AptarGroup by 24.4% during the first quarter. California State Teachers Retirement System now owns 77,227 shares of the industrial products company’s stock worth $9,732,000 after acquiring an additional 15,158 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of AptarGroup by 7.2% during the first quarter. Bank of America Corp DE now owns 485,718 shares of the industrial products company’s stock valued at $61,210,000 after acquiring an additional 32,420 shares during the period. First Trust Advisors LP lifted its holdings in shares of AptarGroup by 42.6% during the first quarter. First Trust Advisors LP now owns 538,554 shares of the industrial products company’s stock valued at $67,868,000 after acquiring an additional 160,763 shares during the period. Finally, Louisiana State Employees Retirement System acquired a new stake in shares of AptarGroup in the 1st quarter valued at $2,357,000. 88.52% of the stock is currently owned by institutional investors.

AptarGroup Price Performance

AptarGroup stock traded up $0.04 on Thursday, reaching $121.20. The company’s stock had a trading volume of 124,978 shares, compared to its average volume of 490,873. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.10 and a current ratio of 1.61. The company has a market cap of $7.71 billion, a price-to-earnings ratio of 21.92, a PEG ratio of 3.15 and a beta of 0.38. The business’s fifty day moving average price is $130.03 and its 200 day moving average price is $125.53. AptarGroup, Inc. has a twelve month low of $103.23 and a twelve month high of $146.91.

AptarGroup (NYSE:ATR) last announced its earnings results on Thursday, July 30th. The industrial products company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.35 by $0.07. AptarGroup had a return on equity of 13.31% and a net margin of 9.22%.The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the business earned $1.66 earnings per share. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. AptarGroup has set its Q3 2026 guidance at 1.450-1.530 EPS. Equities analysts expect that AptarGroup, Inc. will post 5.48 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, July 30th were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, July 30th. This represents a $1.92 dividend on an annualized basis and a yield of 1.6%. AptarGroup’s dividend payout ratio is currently 34.72%.

Insider Activity at AptarGroup

In other AptarGroup news, insider Hedi Tlili sold 8,854 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $135.00, for a total value of $1,195,290.00. Following the completion of the sale, the insider owned 15,379 shares in the company, valued at approximately $2,076,165. This trade represents a 36.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Shiela Vinczeller sold 765 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $130.37, for a total transaction of $99,733.05. Following the completion of the sale, the insider owned 26,313 shares of the company’s stock, valued at $3,430,425.81. The trade was a 2.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 23,197 shares of company stock worth $3,134,828 in the last quarter. Insiders own 0.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on ATR shares. Bank of America upgraded shares of AptarGroup from a “neutral” rating to a “buy” rating and set a $173.00 target price for the company in a research report on Tuesday, July 14th. Weiss Ratings restated a “hold (c)” rating on shares of AptarGroup in a research report on Monday, September 21st. Raymond James Financial reaffirmed an “outperform” rating and set a $160.00 price objective on shares of AptarGroup in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company raised their price objective on shares of AptarGroup from $145.00 to $155.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $172.80.

AptarGroup Company Profile

AptarGroup, Inc (NYSE: ATR) is a global company that designs and manufactures dispensing, drug-delivery and packaging solutions. Its products are used by pharmaceutical, consumer health, beauty, personal care, food and beverage companies, helping customers deliver, protect and package a wide range of products.

The company operates through three primary businesses: Aptar Pharma, which develops delivery systems for nasal, inhaled, ophthalmic and other drug applications; Aptar Beauty, which supplies dispensing systems, pumps, sprayers and packaging components for beauty and personal care products; and Aptar Closures, which produces dispensing closures and other packaging systems for food, beverage, personal care and household products.

Aptar serves customers internationally through manufacturing, research and development, and commercial operations across North America, Europe, Asia and other global markets.