William Blair Has Negative Outlook of AptarGroup Q2 Earnings

AptarGroup, Inc. (NYSE:ATR - Free Report) - Equities research analysts at William Blair lowered their Q2 2025 earnings per share (EPS) estimates for shares of AptarGroup in a research note issued to investors on Monday, October 28th. William Blair analyst M. Larew now anticipates that the industrial products company will post earnings per share of $1.53 for the quarter, down from their prior forecast of $1.64. The consensus estimate for AptarGroup's current full-year earnings is $5.36 per share. William Blair also issued estimates for AptarGroup's FY2025 earnings at $6.12 EPS.

Several other research firms have also commented on ATR. Dbs Bank raised AptarGroup from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 16th. Wells Fargo & Company upped their price target on AptarGroup from $168.00 to $185.00 and gave the company an "overweight" rating in a report on Tuesday, October 15th. Robert W. Baird upped their price objective on shares of AptarGroup from $170.00 to $185.00 and gave the company an "outperform" rating in a research note on Monday. Finally, Jefferies Financial Group upgraded AptarGroup from a "hold" rating to a "buy" rating and lifted their target price for the stock from $155.00 to $215.00 in a research report on Monday, October 14th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, AptarGroup currently has an average rating of "Buy" and an average price target of $195.00.

AptarGroup Stock Up 0.2 %

Shares of ATR stock traded up $0.31 during trading hours on Wednesday, reaching $169.02. 290,334 shares of the stock were exchanged, compared to its average volume of 293,120. The firm has a market capitalization of $11.20 billion, a P/E ratio of 36.21, a P/E/G ratio of 3.29 and a beta of 0.58. The business's fifty day moving average is $157.79 and its two-hundred day moving average is $149.48. AptarGroup has a 12-month low of $121.61 and a 12-month high of $171.41. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.36 and a quick ratio of 0.95.

Institutional Trading of AptarGroup

A number of institutional investors have recently modified their holdings of the business. DekaBank Deutsche Girozentrale boosted its position in shares of AptarGroup by 9.9% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 17,607 shares of the industrial products company's stock worth $2,532,000 after purchasing an additional 1,583 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its position in AptarGroup by 167.2% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 6,690 shares of the industrial products company's stock worth $957,000 after buying an additional 4,186 shares during the period. Ontario Teachers Pension Plan Board increased its holdings in AptarGroup by 90.2% in the first quarter. Ontario Teachers Pension Plan Board now owns 19,023 shares of the industrial products company's stock valued at $2,737,000 after buying an additional 9,021 shares in the last quarter. Duality Advisers LP lifted its position in shares of AptarGroup by 139.0% during the 1st quarter. Duality Advisers LP now owns 14,187 shares of the industrial products company's stock valued at $2,041,000 after acquiring an additional 8,251 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in shares of AptarGroup during the 2nd quarter worth approximately $2,735,000. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other AptarGroup news, CEO Stephan B. Tanda sold 30,000 shares of the company's stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $169.60, for a total transaction of $5,088,000.00. Following the completion of the sale, the chief executive officer now directly owns 174,118 shares of the company's stock, valued at $29,530,412.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other AptarGroup news, CEO Stephan B. Tanda sold 30,000 shares of the company's stock in a transaction on Monday, October 28th. The shares were sold at an average price of $169.60, for a total transaction of $5,088,000.00. Following the completion of the transaction, the chief executive officer now owns 174,118 shares in the company, valued at approximately $29,530,412.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Xiangwei Gong sold 800 shares of AptarGroup stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $146.56, for a total transaction of $117,248.00. Following the completion of the sale, the insider now directly owns 20,174 shares in the company, valued at approximately $2,956,701.44. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 47,457 shares of company stock valued at $7,680,110 over the last quarter. 1.00% of the stock is currently owned by insiders.

AptarGroup Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 14th. Stockholders of record on Thursday, October 24th will be paid a dividend of $0.45 per share. The ex-dividend date is Thursday, October 24th. This represents a $1.80 annualized dividend and a dividend yield of 1.06%. AptarGroup's dividend payout ratio (DPR) is 38.63%.

AptarGroup declared that its Board of Directors has initiated a stock repurchase program on Thursday, October 10th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the industrial products company to purchase up to 4.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

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.