Deutsche Bank Aktiengesellschaft started coverage on shares of AptarGroup (NYSE:ATR – Free Report) in a research report sent to investors on Wednesday morning, Marketbeat reports. The brokerage issued a buy rating and a $150.00 price objective on the industrial products company’s stock.
A number of other brokerages have also issued reports on ATR. Bank of America upgraded 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. Raymond James Financial reissued an “outperform” rating and issued a $160.00 price target on shares of AptarGroup in a report on Wednesday, July 15th. Weiss Ratings restated a “hold (c)” rating on shares of AptarGroup in a research report on Monday, September 21st. Finally, Wells Fargo & Company increased their price objective on shares of AptarGroup from $145.00 to $155.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $164.14.
View Our Latest Stock Analysis on ATR
AptarGroup Price Performance
AptarGroup (NYSE:ATR – Get 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 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 the consensus estimate of $1.01 billion. During the same quarter in the prior year, the business posted $1.66 earnings per share. AptarGroup’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. Sell-side analysts predict that AptarGroup will post 5.49 earnings per share for the current fiscal year.
AptarGroup Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, July 30th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, July 30th. AptarGroup’s dividend payout ratio (DPR) is currently 34.72%.
Insider Buying and Selling at AptarGroup
In other AptarGroup news, insider Shiela Vinczeller sold 765 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $130.37, for a total value of $99,733.05. Following the completion of the sale, the insider owned 26,313 shares in the company, valued at approximately $3,430,425.81. This represents a 2.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Stephan B. Tanda sold 9,838 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 238,729 shares in the company, valued at $32,505,340.64. This trade represents a 3.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 23,197 shares of company stock valued at $3,134,828. Insiders own 0.73% of the company’s stock.
Institutional Investors Weigh In On AptarGroup
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wedmont Private Capital purchased a new stake in AptarGroup in the 3rd quarter valued at $231,000. Diversified Management Inc. purchased a new position in shares of AptarGroup during the 3rd quarter worth $2,118,000. GAMMA Investing LLC raised its holdings in shares of AptarGroup by 60.7% during the 3rd quarter. GAMMA Investing LLC now owns 2,583 shares of the industrial products company’s stock worth $313,000 after acquiring an additional 976 shares during the period. Farther Finance Advisors LLC boosted its position in shares of AptarGroup by 58.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 475 shares of the industrial products company’s stock valued at $58,000 after acquiring an additional 175 shares during the last quarter. Finally, Steph & Co. boosted its position in shares of AptarGroup by 11.5% during the 3rd quarter. Steph & Co. now owns 1,039 shares of the industrial products company’s stock valued at $126,000 after acquiring an additional 107 shares during the last quarter. Institutional investors and hedge funds own 88.52% of the company’s stock.
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.
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