AptarGroup, Inc. (NYSE:ATR) Director Stephen J. Hagge sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $86.12, for a total value of $2,153,000.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
AptarGroup, Inc. (ATR) traded up $0.94 during trading on Tuesday, reaching $89.00. 255,868 shares of the company’s stock were exchanged, compared to its average volume of 278,996. The firm has a market cap of $5,456.94, a price-to-earnings ratio of 26.55, a price-to-earnings-growth ratio of 3.08 and a beta of 0.95. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.29 and a current ratio of 2.75. AptarGroup, Inc. has a 52-week low of $71.44 and a 52-week high of $90.79.
AptarGroup (NYSE:ATR) last released its earnings results on Thursday, October 26th. The industrial products company reported $0.83 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.03. AptarGroup had a net margin of 9.24% and a return on equity of 16.82%. The firm had revenue of $624.33 million during the quarter, compared to analyst estimates of $599.31 million. During the same quarter in the previous year, the business earned $0.82 EPS. The business’s revenue was up 5.9% on a year-over-year basis. analysts forecast that AptarGroup, Inc. will post 3.35 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Wednesday, November 1st were paid a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, October 31st. This represents a $1.28 dividend on an annualized basis and a yield of 1.44%. AptarGroup’s payout ratio is currently 37.43%.
ATR has been the topic of several recent research reports. BidaskClub lowered shares of AptarGroup from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. Zacks Investment Research upgraded shares of AptarGroup from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Jefferies Group restated a “hold” rating and issued a $78.00 price target on shares of AptarGroup in a research report on Thursday, August 31st. KeyCorp reissued a “hold” rating on shares of AptarGroup in a research note on Friday, September 22nd. Finally, Robert W. Baird reissued a “hold” rating and set a $85.00 target price on shares of AptarGroup in a research note on Thursday, October 12th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $84.57.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Great Lakes Advisors LLC increased its stake in AptarGroup by 0.4% in the second quarter. Great Lakes Advisors LLC now owns 5,683 shares of the industrial products company’s stock valued at $494,000 after acquiring an additional 20 shares during the period. Coldstream Capital Management Inc. grew its stake in AptarGroup by 1.1% during the second quarter. Coldstream Capital Management Inc. now owns 2,805 shares of the industrial products company’s stock worth $244,000 after buying an additional 30 shares during the last quarter. Citigroup Inc. grew its stake in AptarGroup by 0.5% during the second quarter. Citigroup Inc. now owns 6,323 shares of the industrial products company’s stock worth $549,000 after buying an additional 34 shares during the last quarter. Advisory Services Network LLC grew its stake in AptarGroup by 1.1% during the second quarter. Advisory Services Network LLC now owns 4,464 shares of the industrial products company’s stock worth $388,000 after buying an additional 50 shares during the last quarter. Finally, Advisor Partners LLC grew its stake in AptarGroup by 0.8% during the second quarter. Advisor Partners LLC now owns 6,875 shares of the industrial products company’s stock worth $597,000 after buying an additional 53 shares during the last quarter. 90.92% of the stock is currently owned by institutional investors and hedge funds.
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AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.
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