AptarGroup Inc
ATR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$262.00 | Gllgzr | Rrlpkhrd |
High Inflation Weighing on Aptar's Margins, but We See Opportunity for Long-Term Investors
Business Strategy and Outlook
Aptar is a global leader in dispensing technologies for the healthcare, beauty, and food and beverage markets. The company specializes in nasal spray inhalers, high-end fragrance pumps, and food dispensing closures. While Aptar’s portfolio includes lower-margin products such as shampoo and soap pumps, it has intentionally focused on growing the higher-margin healthcare business over the past decade, and healthcare now accounts for two thirds of profits.