AptarGroup (NYSE:ATR) Releases Quarterly Earnings Results, Beats Estimates By $0.24 EPS

AptarGroup (NYSE:ATR - Get Free Report) posted its earnings results on Thursday. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.28 by $0.24, Zacks reports. AptarGroup had a net margin of 10.45% and a return on equity of 15.62%. AptarGroup updated its Q1 2025 guidance to 1.110-1.190 EPS.

AptarGroup Price Performance

Shares of AptarGroup stock traded down $0.04 on Monday, reaching $143.14. 621,928 shares of the stock were exchanged, compared to its average volume of 356,701. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.15 and a current ratio of 1.62. The firm has a market cap of $9.52 billion, a PE ratio of 25.84, a P/E/G ratio of 2.57 and a beta of 0.59. The firm's 50 day moving average is $159.87 and its 200-day moving average is $159.05. AptarGroup has a one year low of $134.57 and a one year high of $178.03.

AptarGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th will be paid a dividend of $0.45 per share. The ex-dividend date is Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a yield of 1.26%. AptarGroup's payout ratio is 32.49%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Wells Fargo & Company reduced their price objective on AptarGroup from $180.00 to $170.00 and set an "overweight" rating for the company in a report on Monday. Robert W. Baird reduced their price target on AptarGroup from $185.00 to $160.00 and set an "outperform" rating for the company in a research note on Monday. Raymond James reiterated an "outperform" rating and set a $190.00 price objective (down previously from $200.00) on shares of AptarGroup in a research report on Monday. Jefferies Financial Group upgraded shares of AptarGroup from a "hold" rating to a "buy" rating and upped their price target for the company from $155.00 to $215.00 in a research note on Monday, October 14th. Finally, Dbs Bank raised shares of AptarGroup from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 16th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, AptarGroup currently has a consensus rating of "Buy" and an average target price of $181.60.

Insider Buying and Selling at AptarGroup

In other news, EVP Kimberly Chainey sold 964 shares of the business's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $168.83, for a total transaction of $162,752.12. Following the completion of the transaction, the executive vice president now owns 7,848 shares of the company's stock, valued at approximately $1,324,977.84. The trade was a 10.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.00% of the company's stock.

About AptarGroup

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.