Mawer Investment Management Ltd. Buys 197,214 Shares of AptarGroup, Inc. $ATR

Mawer Investment Management Ltd. raised its stake in shares of AptarGroup, Inc. (NYSE:ATRFree Report) by 16.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,400,757 shares of the industrial products company’s stock after purchasing an additional 197,214 shares during the quarter. AptarGroup accounts for about 1.1% of Mawer Investment Management Ltd.’s investment portfolio, making the stock its 22nd biggest position. Mawer Investment Management Ltd.’s holdings in AptarGroup were worth $219,120,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in ATR. Simplex Trading LLC increased its stake in AptarGroup by 107.4% during the first quarter. Simplex Trading LLC now owns 224 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 116 shares during the period. SVB Wealth LLC acquired a new position in shares of AptarGroup in the first quarter valued at $33,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of AptarGroup by 281.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company’s stock valued at $47,000 after buying an additional 234 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of AptarGroup by 164.8% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 331 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 206 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in AptarGroup during the second quarter valued at approximately $74,000. Institutional investors own 88.52% of the company’s stock.

Wall Street Analysts Forecast Growth

ATR has been the subject of several analyst reports. Robert W. Baird cut their target price on AptarGroup from $160.00 to $145.00 and set an “outperform” rating for the company in a research report on Monday, November 3rd. Raymond James Financial reiterated an “outperform” rating and set a $172.00 price objective (down from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. William Blair downgraded shares of AptarGroup from an “outperform” rating to a “market perform” rating in a research note on Monday, November 3rd. Wells Fargo & Company lowered their target price on shares of AptarGroup from $152.00 to $133.00 and set an “overweight” rating on the stock in a report on Monday, November 3rd. Finally, Weiss Ratings cut shares of AptarGroup from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, AptarGroup has an average rating of “Moderate Buy” and a consensus price target of $168.60.

Get Our Latest Stock Report on ATR

AptarGroup Stock Performance

AptarGroup stock opened at $116.28 on Tuesday. The stock has a 50-day simple moving average of $129.93 and a 200 day simple moving average of $143.93. The stock has a market capitalization of $7.63 billion, a price-to-earnings ratio of 20.01, a P/E/G ratio of 2.55 and a beta of 0.55. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.20. AptarGroup, Inc. has a 12-month low of $103.23 and a 12-month high of $178.03.

AptarGroup (NYSE:ATRGet Free Report) last posted its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.05. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The firm had revenue of $961.13 million during the quarter, compared to analysts’ expectations of $950.55 million. During the same quarter last year, the company posted $1.49 EPS. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. AptarGroup has set its Q4 2025 guidance at 1.200-1.28 EPS. On average, research analysts anticipate that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be given a $0.48 dividend. This is a boost from AptarGroup’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, October 23rd. This represents a $1.92 annualized dividend and a yield of 1.7%. AptarGroup’s dividend payout ratio is presently 30.72%.

Insider Activity at AptarGroup

In other AptarGroup news, insider Shiela Vinczeller sold 1,167 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $137.97, for a total transaction of $161,010.99. Following the transaction, the insider owned 25,134 shares of the company’s stock, valued at approximately $3,467,737.98. This represents a 4.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gael Touya sold 2,500 shares of the stock in a transaction on Thursday, September 11th. The shares were 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 in the company, valued at $4,282,743.56. The trade was a 7.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.68% of the company’s stock.

AptarGroup Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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