Bank of New York Mellon Corp reduced its position in shares of AptarGroup, Inc. (NYSE:ATR – Free Report) by 7.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 536,513 shares of the industrial products company’s stock after selling 41,206 shares during the period. Bank of New York Mellon Corp’s holdings in AptarGroup were worth $65,433,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. State Street Corp increased its holdings in AptarGroup by 1.5% during the 2nd quarter. State Street Corp now owns 2,868,365 shares of the industrial products company’s stock worth $448,698,000 after purchasing an additional 43,188 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of AptarGroup by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 1,618,896 shares of the industrial products company’s stock valued at $197,473,000 after acquiring an additional 15,197 shares in the last quarter. Boston Trust Walden Corp grew its holdings in shares of AptarGroup by 14.6% in the fourth quarter. Boston Trust Walden Corp now owns 1,414,719 shares of the industrial products company’s stock valued at $172,539,000 after acquiring an additional 180,365 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of AptarGroup by 7.4% in the third quarter. Dimensional Fund Advisors LP now owns 959,361 shares of the industrial products company’s stock valued at $128,220,000 after acquiring an additional 66,405 shares in the last quarter. Finally, Norges Bank bought a new position in shares of AptarGroup in the fourth quarter valued at approximately $91,097,000. 88.52% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
ATR has been the subject of several recent analyst reports. Wells Fargo & Company upped their target price on AptarGroup from $144.00 to $145.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Weiss Ratings reissued a “hold (c)” rating on shares of AptarGroup in a report on Friday, March 27th. Finally, Zacks Research raised AptarGroup from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Four 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, AptarGroup presently has an average rating of “Moderate Buy” and an average target price of $173.25.
Insiders Place Their Bets
In other news, insider Shiela Vinczeller sold 3,555 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $112.61, for a total value of $400,328.55. Following the completion of the transaction, the insider directly owned 27,078 shares of the company’s stock, valued at $3,049,253.58. This trade represents a 11.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Irene Elizabeth Hudson sold 1,264 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $123.43, for a total value of $156,015.52. Following the completion of the transaction, the executive vice president directly owned 1,480 shares of the company’s stock, valued at $182,676.40. The trade was a 46.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.73% of the stock is owned by company insiders.
AptarGroup Price Performance
AptarGroup stock opened at $115.94 on Wednesday. AptarGroup, Inc. has a one year low of $103.23 and a one year high of $164.28. The business has a fifty day moving average price of $121.66 and a 200-day moving average price of $125.53. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.66 and a quick ratio of 1.14. The firm has a market capitalization of $7.40 billion, a P/E ratio of 19.85, a PEG ratio of 2.65 and a beta of 0.40.
AptarGroup (NYSE:ATR – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. AptarGroup had a return on equity of 13.98% and a net margin of 9.98%.The firm had revenue of $982.87 million during the quarter, compared to analyst estimates of $955.95 million. During the same period last year, the company earned $1.20 earnings per share. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. AptarGroup has set its Q2 2026 guidance at 1.320-1.400 EPS. As a group, equities research analysts forecast that AptarGroup, Inc. will post 5.42 EPS for the current year.
AptarGroup Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 6th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, May 6th. AptarGroup’s dividend payout ratio (DPR) is presently 32.88%.
About AptarGroup
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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