AptarGroup (NYSE:ATR) Posts Quarterly Earnings Results, Beats Estimates By $0.24 EPS

AptarGroup (NYSE:ATR) announced its quarterly earnings data on Thursday. The industrial products company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.24, Zacks reports. AptarGroup had a return on equity of 14.92% and a net margin of 9.40%. AptarGroup updated its Q1 2025 guidance to 1.110-1.190 EPS.

AptarGroup Stock Down 1.2 %

NYSE ATR traded down $1.88 during trading on Thursday, hitting $156.44. The stock had a trading volume of 446,562 shares, compared to its average volume of 309,619. AptarGroup has a 12 month low of $129.37 and a 12 month high of $178.03. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.15 and a current ratio of 1.62. The company’s 50-day moving average price is $160.78 and its two-hundred day moving average price is $158.90. The company has a market capitalization of $10.41 billion, a PE ratio of 31.41, a P/E/G ratio of 2.59 and a beta of 0.59.

AptarGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 5th will be given a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $1.80 annualized dividend and a yield of 1.15%. AptarGroup’s dividend payout ratio is currently 36.14%.

Insider Activity at AptarGroup

In related news, EVP Kimberly Chainey sold 964 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $168.83, for a total transaction of $162,752.12. Following the transaction, the executive vice president now directly owns 7,848 shares in the company, valued at approximately $1,324,977.84. The trade was a 10.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.00% of the stock is owned by insiders.

AptarGroup announced that its board has initiated a stock buyback plan on Thursday, October 10th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the industrial products company to reacquire up to 4.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Raymond James initiated coverage on AptarGroup in a research report on Tuesday, January 7th. They set an “outperform” rating and a $200.00 target price for the company. Robert W. Baird boosted their price objective on shares of AptarGroup from $170.00 to $185.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Bank of America lowered shares of AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 target price on the stock. in a report on Monday, January 6th. Jefferies Financial Group raised shares of AptarGroup from a “hold” rating to a “buy” rating and boosted their price target for the company from $155.00 to $215.00 in a report on Monday, October 14th. Finally, Dbs Bank raised AptarGroup from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 16th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, AptarGroup has a consensus rating of “Buy” and an average price target of $190.60.

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.