Strengthening Families & Communities LLC Takes $2.37 Million Position in AptarGroup, Inc. $ATR

Strengthening Families & Communities LLC bought a new stake in shares of AptarGroup, Inc. (NYSE:ATR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,735 shares of the industrial products company’s stock, valued at approximately $2,371,000.

Several other large investors have also added to or reduced their stakes in ATR. Jones Financial Companies Lllp lifted its stake in AptarGroup by 93.8% in the third quarter. Jones Financial Companies Lllp now owns 1,213 shares of the industrial products company’s stock valued at $161,000 after buying an additional 587 shares during the period. Mawer Investment Management Ltd. lifted its position in shares of AptarGroup by 97.0% during the 3rd quarter. Mawer Investment Management Ltd. now owns 2,759,026 shares of the industrial products company’s stock valued at $368,771,000 after acquiring an additional 1,358,269 shares during the period. AlphaQuest LLC acquired a new position in shares of AptarGroup during the 3rd quarter valued at $2,143,000. Arizona State Retirement System boosted its stake in AptarGroup by 1.5% during the third quarter. Arizona State Retirement System now owns 19,542 shares of the industrial products company’s stock worth $2,612,000 after acquiring an additional 290 shares in the last quarter. Finally, AE Wealth Management LLC boosted its stake in AptarGroup by 21.4% during the third quarter. AE Wealth Management LLC now owns 230,631 shares of the industrial products company’s stock worth $30,826,000 after acquiring an additional 40,731 shares in the last quarter. Institutional investors and hedge funds own 88.52% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ATR shares. Wells Fargo & Company reiterated an “equal weight” rating and set a $133.00 price objective on shares of AptarGroup in a report on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of AptarGroup in a research note on Monday, December 29th. Zacks Research cut AptarGroup from a “hold” rating to a “strong sell” rating in a research note on Friday, November 14th. William Blair downgraded AptarGroup from an “outperform” rating to a “market perform” rating in a report on Monday, November 3rd. Finally, KeyCorp reiterated an “overweight” rating and issued a $220.00 target price on shares of AptarGroup in a report on Friday, January 9th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, AptarGroup currently has a consensus rating of “Hold” and a consensus price target of $167.50.

AptarGroup Stock Performance

Shares of AptarGroup stock opened at $124.62 on Tuesday. The company has a market cap of $8.18 billion, a PE ratio of 19.94, a price-to-earnings-growth ratio of 4.46 and a beta of 0.48. AptarGroup, Inc. has a 52 week low of $103.23 and a 52 week high of $164.28. The business has a 50 day moving average price of $122.92 and a 200-day moving average price of $130.26. The company has a quick ratio of 0.82, a current ratio of 1.19 and a debt-to-equity ratio of 0.20.

AptarGroup Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 4th will be paid a $0.48 dividend. The ex-dividend date is Wednesday, February 4th. This represents a $1.92 annualized dividend and a dividend yield of 1.5%. AptarGroup’s dividend payout ratio is presently 30.72%.

Insider Activity at AptarGroup

In related news, CAO Daniel Ackerman sold 15,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $121.23, for a total transaction of $1,818,450.00. Following the transaction, the chief accounting officer directly owned 29,607 shares of the company’s stock, valued at $3,589,256.61. This trade represents a 33.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.68% of the stock is currently owned by corporate insiders.

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.