Elefante Mark B purchased a new stake in shares of AptarGroup, Inc. (NYSE:ATR – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 39,327 shares of the industrial products company’s stock, valued at approximately $4,924,000. AptarGroup accounts for about 2.1% of Elefante Mark B’s portfolio, making the stock its 21st largest position.
A number of other institutional investors and hedge funds have also modified their holdings of ATR. Northwestern Mutual Wealth Management Co. grew its holdings in AptarGroup by 20.1% in the fourth 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 stake in shares of AptarGroup by 4.5% during the 1st quarter. State of Wyoming now owns 2,252 shares of the industrial products company’s stock worth $284,000 after buying an additional 98 shares during the last quarter. Coldstream Capital Management Inc. raised its stake in shares of AptarGroup by 2.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 3,923 shares of the industrial products company’s stock worth $524,000 after buying an additional 105 shares during the last quarter. Vident Advisory LLC boosted its position in shares of AptarGroup by 5.1% in the 2nd 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 in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of AptarGroup by 47.0% in the 4th quarter. IFP Advisors Inc now owns 369 shares of the industrial products company’s stock worth $45,000 after buying an additional 118 shares in the last quarter. Institutional investors and hedge funds own 88.52% of the company’s stock.
Insider Buying and Selling at AptarGroup
In other news, insider Hedi Tlili sold 8,854 shares of AptarGroup stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $135.00, for a total value of $1,195,290.00. Following the completion of the sale, the insider owned 15,379 shares of the company’s stock, valued at $2,076,165. The trade was a 36.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shiela Vinczeller sold 3,555 shares of the company’s 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 completion of the transaction, the insider owned 27,078 shares of the company’s stock, valued at $3,049,253.58. The trade was a 11.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 22,247 shares of company stock worth $2,935,161. Insiders own 0.73% of the company’s stock.
AptarGroup Price Performance
AptarGroup (NYSE:ATR – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.07. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. AptarGroup had a net margin of 9.22% and a return on equity of 13.31%. The company’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.66 earnings per share. AptarGroup has set its Q3 2026 guidance at 1.450-1.530 EPS. Equities analysts predict that AptarGroup, Inc. will post 5.48 earnings per share for the current year.
AptarGroup Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, July 30th were issued a $0.48 dividend. The ex-dividend date was Thursday, July 30th. This represents a $1.92 annualized dividend and a yield of 1.4%. AptarGroup’s payout ratio is 34.72%.
Analyst Ratings Changes
Several equities analysts have weighed in on ATR shares. Zacks Research upgraded shares of AptarGroup from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Wells Fargo & Company upped their price target on shares of AptarGroup from $145.00 to $155.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Raymond James Financial reiterated an “outperform” rating and issued a $160.00 price target on shares of AptarGroup in a research report on Wednesday, July 15th. Weiss Ratings reissued a “hold (c)” rating on shares of AptarGroup in a research note on Wednesday, June 24th. Finally, 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. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $172.80.
View Our Latest Stock Analysis on ATR
AptarGroup Profile
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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