Zacks Research Estimates AptarGroup's Q2 Earnings (NYSE:ATR)

AptarGroup, Inc. (NYSE:ATR - Free Report) - Equities research analysts at Zacks Research lowered their Q2 2026 earnings estimates for shares of AptarGroup in a research report issued to clients and investors on Wednesday, January 29th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings of $1.67 per share for the quarter, down from their prior forecast of $1.69. The consensus estimate for AptarGroup's current full-year earnings is $5.38 per share.

Other equities research analysts have also recently issued research reports about the stock. Jefferies Financial Group upgraded shares of AptarGroup from a "hold" rating to a "buy" rating and raised their target price for the stock from $155.00 to $215.00 in a report on Monday, October 14th. Dbs Bank upgraded AptarGroup from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 16th. Bank of America cut AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 target price on the stock. in a research report on Monday, January 6th. Wells Fargo & Company reduced their price target on shares of AptarGroup from $185.00 to $180.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Finally, Robert W. Baird raised their price objective on shares of AptarGroup from $170.00 to $185.00 and gave the stock an "outperform" rating in a report on Monday, October 28th. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $190.60.

AptarGroup Stock Performance

ATR traded down $1.88 during midday trading on Monday, hitting $156.44. 446,562 shares of the company traded hands, compared to its average volume of 309,619. The company's 50-day moving average is $160.78 and its 200 day moving average is $158.90. The company has a quick ratio of 1.15, a current ratio of 1.62 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $10.41 billion, a PE ratio of 31.41, a price-to-earnings-growth ratio of 2.59 and a beta of 0.59. AptarGroup has a 52 week low of $129.37 and a 52 week high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.24. AptarGroup had a return on equity of 14.92% and a net margin of 9.40%.

Institutional Investors Weigh In On AptarGroup

A number of institutional investors have recently bought and sold shares of ATR. CIBC Asset Management Inc lifted its position in AptarGroup by 3.6% during the third quarter. CIBC Asset Management Inc now owns 1,977 shares of the industrial products company's stock valued at $317,000 after purchasing an additional 68 shares during the last quarter. Smartleaf Asset Management LLC raised its position in shares of AptarGroup by 12.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company's stock valued at $102,000 after buying an additional 72 shares in the last quarter. Commerce Bank lifted its holdings in shares of AptarGroup by 3.3% in the 3rd quarter. Commerce Bank now owns 2,349 shares of the industrial products company's stock valued at $376,000 after acquiring an additional 75 shares during the last quarter. Ballentine Partners LLC grew its position in AptarGroup by 2.3% in the third quarter. Ballentine Partners LLC now owns 3,315 shares of the industrial products company's stock worth $531,000 after acquiring an additional 76 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in AptarGroup by 9.3% during the fourth quarter. Blue Trust Inc. now owns 961 shares of the industrial products company's stock worth $154,000 after acquiring an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 88.52% of the company's stock.

Insider Activity

In other news, EVP Kimberly Chainey sold 964 shares of the firm's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $168.83, for a total transaction of $162,752.12. Following the sale, the executive vice president now directly owns 7,848 shares in the company, valued at $1,324,977.84. This trade represents a 10.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.00% of the company's stock.

AptarGroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Wednesday, February 5th. AptarGroup's dividend payout ratio (DPR) is currently 36.14%.

AptarGroup announced that its board has initiated a stock repurchase plan on Thursday, October 10th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the industrial products company to purchase up to 4.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are 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.