Cornerstone Capital Inc. Purchases Shares of 198,775 AptarGroup, Inc. $ATR

Cornerstone Capital Inc. purchased a new stake in AptarGroup, Inc. (NYSE:ATRFree Report) during the second quarter, Holdings Channel reports. The firm purchased 198,775 shares of the industrial products company’s stock, valued at approximately $24,887,000. AptarGroup makes up approximately 2.2% of Cornerstone Capital Inc.’s portfolio, making the stock its 18th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its holdings in AptarGroup by 20.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 543 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 91 shares during the last quarter. State of Wyoming raised its position in AptarGroup by 4.5% in the first quarter. State of Wyoming now owns 2,252 shares of the industrial products company’s stock valued at $284,000 after purchasing an additional 98 shares during the period. Salomon & Ludwin LLC lifted its stake in AptarGroup by 38.5% during the fourth quarter. Salomon & Ludwin LLC now owns 360 shares of the industrial products company’s stock worth $44,000 after purchasing an additional 100 shares in the last quarter. Coldstream Capital Management Inc. lifted its stake in AptarGroup by 2.8% during the third quarter. Coldstream Capital Management Inc. now owns 3,923 shares of the industrial products company’s stock worth $524,000 after purchasing an additional 105 shares in the last quarter. Finally, Vident Advisory LLC boosted its position in shares of AptarGroup by 5.1% during the second quarter. Vident Advisory LLC now owns 2,304 shares of the industrial products company’s stock worth $360,000 after buying an additional 112 shares during the period. Hedge funds and other institutional investors own 88.52% of the company’s stock.

AptarGroup Stock Performance

NYSE:ATR opened at $132.00 on Friday. The company has a fifty day simple moving average of $127.47 and a two-hundred day simple moving average of $127.36. The company has a market cap of $8.39 billion, a price-to-earnings ratio of 23.87, a price-to-earnings-growth ratio of 3.26 and a beta of 0.39. The company has a quick ratio of 1.10, a current ratio of 1.61 and a debt-to-equity ratio of 0.42. AptarGroup, Inc. has a 52 week low of $103.23 and a 52 week high of $146.91.

AptarGroup (NYSE:ATRGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.07. The business had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. AptarGroup had a return on equity of 13.31% and a net margin of 9.22%.The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. 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. As a group, equities analysts anticipate that AptarGroup, Inc. will post 5.48 earnings per share for the current fiscal year.

AptarGroup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, July 30th will be issued a dividend of $0.48 per share. The ex-dividend date is Thursday, July 30th. This represents a $1.92 annualized dividend and a yield of 1.5%. AptarGroup’s dividend payout ratio is 34.72%.

Insider Buying and Selling at AptarGroup

In other news, insider Shiela Vinczeller sold 3,555 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $112.61, for a total transaction of $400,328.55. Following the completion of the transaction, the insider directly owned 27,078 shares of the company’s stock, valued at approximately $3,049,253.58. The trade was a 11.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Hedi Tlili sold 8,854 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $135.00, for a total transaction of $1,195,290.00. Following the sale, the insider owned 15,379 shares in the company, valued at $2,076,165. The trade was a 36.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 22,247 shares of company stock valued at $2,935,161 in the last quarter. Corporate insiders own 0.73% of the company’s stock.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on ATR

AptarGroup Profile

(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.

See Also

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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