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

AptarGroup (NYSE:ATR) released its quarterly earnings results on Thursday. The industrial products company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.24, Zacks reports. AptarGroup had a net margin of 9.40% and a return on equity of 14.92%. AptarGroup updated its Q1 2025 guidance to 1.110-1.190 EPS.

AptarGroup Trading Down 1.2 %

AptarGroup stock traded down $1.88 during mid-day trading on Thursday, hitting $156.44. The company’s stock had a trading volume of 446,562 shares, compared to its average volume of 309,619. The stock’s fifty day moving average is $160.78 and its two-hundred day moving average is $158.90. The company has a current ratio of 1.62, a quick ratio of 1.15 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 1 year low of $129.37 and a 1 year high of $178.03.

AptarGroup Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.15%. AptarGroup’s dividend payout ratio is currently 36.14%.

Insider Buying and Selling at AptarGroup

In other news, EVP Kimberly Chainey sold 964 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $168.83, for a total value of $162,752.12. Following the transaction, the executive vice president now directly owns 7,848 shares in the company, valued at approximately $1,324,977.84. This represents a 10.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ATR. Jefferies Financial Group raised AptarGroup from a “hold” rating to a “buy” rating and lifted their price target for the stock from $155.00 to $215.00 in a research note on Monday, October 14th. Wells Fargo & Company decreased their price target on shares of AptarGroup from $185.00 to $180.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Raymond James assumed coverage on shares of AptarGroup in a research note on Tuesday, January 7th. They set an “outperform” rating and a $200.00 price objective for the company. Dbs Bank upgraded AptarGroup from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 16th. Finally, Robert W. Baird lifted their price objective on AptarGroup from $170.00 to $185.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $190.60.

AptarGroup announced that its board has approved a stock buyback plan on Thursday, October 10th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the industrial products company to reacquire up to 4.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board 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.