Puzo Michael J Buys Shares of 60,108 AptarGroup, Inc. $ATR

Puzo Michael J bought a new stake in shares of AptarGroup, Inc. (NYSE:ATRFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 60,108 shares of the industrial products company’s stock, valued at approximately $7,526,000. AptarGroup accounts for 1.9% of Puzo Michael J’s portfolio, making the stock its 23rd largest holding.

A number of other institutional investors have also recently made changes to their positions in ATR. BlackRock Inc. bought a new position in AptarGroup during the second quarter valued at approximately $768,464,000. River Road Asset Management LLC purchased a new stake in AptarGroup in the fourth quarter worth approximately $111,919,000. Norges Bank bought a new stake in AptarGroup in the 4th quarter worth approximately $91,097,000. Bank of New York Mellon Corp bought a new stake in AptarGroup in the 2nd quarter worth approximately $59,778,000. Finally, Dimensional Fund Advisors LP grew its position in AptarGroup by 35.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,300,801 shares of the industrial products company’s stock worth $158,649,000 after purchasing an additional 341,440 shares during the period. Hedge funds and other institutional investors own 88.52% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ATR. Raymond James Financial reiterated an “outperform” rating and set a $160.00 target price on shares of AptarGroup in a research note on Wednesday, July 15th. Zacks Research upgraded AptarGroup from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Wells Fargo & Company lifted their price objective on AptarGroup from $145.00 to $155.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Bank of America upgraded AptarGroup from a “neutral” rating to a “buy” rating and set a $173.00 price objective for the company in a research report on Tuesday, July 14th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of AptarGroup in a report on Wednesday, June 24th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $172.80.

Read Our Latest Analysis on AptarGroup

AptarGroup Stock Performance

Shares of NYSE ATR opened at $133.00 on Thursday. AptarGroup, Inc. has a 12-month low of $103.23 and a 12-month high of $146.91. The firm has a market capitalization of $8.46 billion, a price-to-earnings ratio of 24.05, a price-to-earnings-growth ratio of 3.24 and a beta of 0.39. The company has a current ratio of 1.61, a quick ratio of 1.10 and a debt-to-equity ratio of 0.42. The firm has a 50 day moving average of $128.54 and a 200 day moving average of $127.53.

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

AptarGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, July 30th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, July 30th. AptarGroup’s dividend payout ratio is 34.72%.

Insider Buying and Selling

In related news, CEO Stephan B. Tanda sold 9,838 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $136.16, for a total value of $1,339,542.08. Following the transaction, the chief executive officer directly owned 238,729 shares of the company’s stock, valued at approximately $32,505,340.64. This trade represents a 3.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shiela Vinczeller sold 3,555 shares of AptarGroup stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $112.61, for a total value of $400,328.55. Following the transaction, the insider owned 27,078 shares in the company, valued at $3,049,253.58. This trade represents a 11.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 22,247 shares of company stock valued at $2,935,161. 0.73% of the stock is owned by company insiders.

About AptarGroup

(Free Report)

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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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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