Synovus Financial Corp Makes New Investment in AptarGroup, Inc. $ATR

Synovus Financial Corp bought a new position in shares of AptarGroup, Inc. (NYSE:ATR) in the 1st quarter, HoldingsChannel.com reports. The fund bought 7,439 shares of the industrial products company’s stock, valued at approximately $1,104,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ATR. Bank of America Corp DE boosted its position in shares of AptarGroup by 297.2% during the fourth quarter. Bank of America Corp DE now owns 473,021 shares of the industrial products company’s stock worth $74,312,000 after buying an additional 353,935 shares during the period. Victory Capital Management Inc. boosted its position in shares of AptarGroup by 12.6% during the first quarter. Victory Capital Management Inc. now owns 2,219,191 shares of the industrial products company’s stock worth $329,284,000 after buying an additional 247,519 shares during the period. Fiduciary Management Inc. WI boosted its position in shares of AptarGroup by 40.8% during the first quarter. Fiduciary Management Inc. WI now owns 767,636 shares of the industrial products company’s stock worth $113,902,000 after buying an additional 222,577 shares during the period. GAMMA Investing LLC boosted its position in shares of AptarGroup by 20,143.0% during the first quarter. GAMMA Investing LLC now owns 202,835 shares of the industrial products company’s stock worth $300,970,000 after buying an additional 201,833 shares during the period. Finally, Nuveen LLC purchased a new position in shares of AptarGroup during the first quarter worth $21,549,000. Institutional investors and hedge funds own 88.52% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Wells Fargo & Company restated an “overweight” rating and set a $153.00 price target (down from $173.00) on shares of AptarGroup in a research report on Monday, August 4th. Raymond James Financial restated an “outperform” rating and set a $172.00 price target (down from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. Finally, Wall Street Zen upgraded AptarGroup from a “hold” rating to a “buy” rating in a research report on Wednesday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $174.60.

AptarGroup Trading Down 0.1%

NYSE:ATR opened at $139.52 on Thursday. The firm has a market cap of $9.19 billion, a PE ratio of 24.01, a price-to-earnings-growth ratio of 2.89 and a beta of 0.57. The stock has a fifty day moving average price of $150.69 and a 200 day moving average price of $149.51. AptarGroup, Inc. has a 12-month low of $130.85 and a 12-month high of $178.03. The company has a current ratio of 1.21, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20.

AptarGroup (NYSE:ATR) last released its earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. The firm had revenue of $966.01 million during the quarter, compared to analyst estimates of $954.06 million. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.AptarGroup’s revenue was up 6.1% compared to the same quarter last year. During the same period last year, the business posted $1.41 earnings per share. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Sell-side analysts anticipate that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Thursday, July 24th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, July 24th. AptarGroup’s payout ratio is 30.98%.

Insider Transactions at AptarGroup

In other AptarGroup news, insider Gael Touya sold 3,300 shares of AptarGroup stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $152.62, for a total transaction of $503,646.00. Following the completion of the sale, the insider directly owned 33,963 shares of the company’s stock, valued at $5,183,433.06. The trade was a 8.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Kimberly Chainey sold 1,671 shares of AptarGroup stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $152.79, for a total value of $255,312.09. Following the sale, the executive vice president directly owned 11,088 shares of the company’s stock, valued at $1,694,135.52. This trade represents a 13.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

AptarGroup Profile

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.