Okabena Investment Services Inc. Buys Shares of 2,750 AptarGroup, Inc. $ATR

Okabena Investment Services Inc. purchased a new stake in AptarGroup, Inc. (NYSE:ATR) during the 1st quarter, Holdings Channel reports. The firm purchased 2,750 shares of the industrial products company’s stock, valued at approximately $408,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ATR. Synovus Financial Corp bought a new position in AptarGroup in the 1st quarter worth approximately $1,104,000. Jump Financial LLC increased its stake in AptarGroup by 191.9% during the 1st quarter. Jump Financial LLC now owns 4,598 shares of the industrial products company’s stock valued at $682,000 after buying an additional 3,023 shares during the period. SVB Wealth LLC bought a new stake in shares of AptarGroup during the 1st quarter worth about $33,000. Smartleaf Asset Management LLC boosted its holdings in shares of AptarGroup by 44.5% in the first quarter. Smartleaf Asset Management LLC now owns 939 shares of the industrial products company’s stock valued at $138,000 after acquiring an additional 289 shares in the last quarter. Finally, Bahl & Gaynor Inc. increased its stake in shares of AptarGroup by 15.5% during the first quarter. Bahl & Gaynor Inc. now owns 51,545 shares of the industrial products company’s stock valued at $7,648,000 after acquiring an additional 6,903 shares during the period. 88.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on ATR shares. Raymond James Financial restated an “outperform” rating and issued a $172.00 target price (down from $182.00) on shares of AptarGroup in a research report on Monday, August 4th. Wells Fargo & Company restated an “overweight” rating and issued a $153.00 price objective (down previously from $173.00) on shares of AptarGroup in a report on Monday, August 4th. Finally, Wall Street Zen raised AptarGroup from a “hold” rating to a “buy” rating in a report on Wednesday, May 14th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, AptarGroup has an average rating of “Buy” and an average target price of $174.60.

Insider Buying and Selling at AptarGroup

In related news, EVP Kimberly Chainey sold 1,671 shares of the company’s stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $152.79, for a total transaction of $255,312.09. Following the transaction, the executive vice president directly owned 11,088 shares of the company’s stock, valued at approximately $1,694,135.52. The trade was a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gael Touya sold 3,300 shares of the firm’s stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $152.62, for a total value of $503,646.00. Following the sale, the insider owned 33,963 shares of the company’s stock, valued at $5,183,433.06. The trade was a 8.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

AptarGroup Stock Performance

Shares of NYSE ATR opened at $139.52 on Thursday. The stock’s fifty day simple moving average is $150.69 and its 200 day simple moving average is $149.51. The stock has a market capitalization of $9.19 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 2.89 and a beta of 0.57. 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 52-week low of $130.85 and a 52-week high of $178.03.

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

AptarGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Thursday, July 24th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.3%. The ex-dividend date was Thursday, July 24th. AptarGroup’s payout ratio is presently 30.98%.

AptarGroup 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.