AptarGroup, Inc. $ATR Shares Sold by TruNorth Capital Management LLC

TruNorth Capital Management LLC lowered its position in shares of AptarGroup, Inc. (NYSE:ATR) by 50.0% during the second quarter, Holdings Channel reports. The fund owned 750 shares of the industrial products company’s stock after selling 750 shares during the quarter. TruNorth Capital Management LLC’s holdings in AptarGroup were worth $117,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Institute for Wealth Management LLC. acquired a new stake in AptarGroup during the second quarter worth approximately $240,000. Truist Financial Corp boosted its position in AptarGroup by 7.7% during the second quarter. Truist Financial Corp now owns 22,165 shares of the industrial products company’s stock worth $3,467,000 after acquiring an additional 1,578 shares during the last quarter. Greenleaf Trust purchased a new stake in AptarGroup in the 2nd quarter valued at about $257,000. Steph & Co. purchased a new stake in AptarGroup in the 2nd quarter valued at about $91,000. Finally, Ballentine Partners LLC grew its holdings in AptarGroup by 13.9% in the 2nd quarter. Ballentine Partners LLC now owns 3,611 shares of the industrial products company’s stock valued at $565,000 after buying an additional 440 shares during the period. Institutional investors and hedge funds own 88.52% of the company’s stock.

Analysts Set New Price Targets

ATR has been the subject of several recent analyst reports. Wells Fargo & Company lowered their price target on AptarGroup from $153.00 to $152.00 and set an “overweight” rating for the company in a report on Wednesday, September 10th. Raymond James Financial restated an “outperform” rating and issued a $172.00 price target (down previously from $182.00) on shares of AptarGroup in a report on Monday, August 4th. Finally, KeyCorp initiated coverage on AptarGroup in a report on Wednesday, September 3rd. They issued an “overweight” rating and a $220.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $182.00.

Insider Transactions at AptarGroup

In other news, insider Shiela Vinczeller sold 1,167 shares of the business’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $137.97, for a total transaction of $161,010.99. Following the completion of the sale, the insider owned 25,134 shares in the company, valued at approximately $3,467,737.98. The trade was a 4.44% 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 Gael Touya sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $136.12, for a total value of $340,300.00. Following the completion of the transaction, the insider owned 31,463 shares of the company’s stock, valued at approximately $4,282,743.56. This represents a 7.36% decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

AptarGroup Stock Up 0.3%

Shares of NYSE:ATR opened at $134.09 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.21. AptarGroup, Inc. has a 1 year low of $130.27 and a 1 year high of $178.03. The stock has a market capitalization of $8.83 billion, a P/E ratio of 23.08, a PEG ratio of 2.76 and a beta of 0.55. The stock has a 50-day simple moving average of $139.88 and a 200-day simple moving average of $147.59.

AptarGroup (NYSE:ATR) last issued its earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. AptarGroup had a return on equity of 15.39% and a net margin of 10.84%.The business had revenue of $966.01 million during the quarter, compared to analysts’ expectations of $954.06 million. During the same quarter in the previous year, the business earned $1.41 EPS. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Equities analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 13th. Stockholders of record on Thursday, October 23rd will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Thursday, October 23rd. This is an increase from AptarGroup’s previous quarterly dividend of $0.45. AptarGroup’s dividend payout ratio (DPR) is presently 30.98%.

AptarGroup Company 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.