AptarGroup, Inc. (NYSE:ATR) insider Ursula Saint-Leger sold 66,493 shares of AptarGroup stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $90.53, for a total value of $6,019,611.29. Following the transaction, the insider now owns 42,690 shares of the company’s stock, valued at approximately $3,864,725.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of AptarGroup, Inc. (NYSE:ATR) traded up $0.18 during mid-day trading on Friday, reaching $90.46. 204,553 shares of the company’s stock traded hands, compared to its average volume of 300,006. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.16 and a quick ratio of 2.53. The firm has a market capitalization of $5,594.39, a P/E ratio of 26.29, a PEG ratio of 2.80 and a beta of 0.82. AptarGroup, Inc. has a 1 year low of $75.49 and a 1 year high of $92.32.
AptarGroup (NYSE:ATR) last issued its quarterly earnings data on Monday, February 12th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.10. The firm had revenue of $625.90 million during the quarter, compared to the consensus estimate of $577.17 million. AptarGroup had a net margin of 8.91% and a return on equity of 16.97%. The business’s revenue for the quarter was up 16.1% compared to the same quarter last year. During the same period last year, the business posted $0.69 earnings per share. research analysts forecast that AptarGroup, Inc. will post 3.78 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, January 30th. This represents a $1.28 annualized dividend and a yield of 1.41%. AptarGroup’s dividend payout ratio (DPR) is presently 37.43%.
ATR has been the subject of a number of research analyst reports. Robert W. Baird reiterated a “hold” rating and set a $92.00 price target on shares of AptarGroup in a report on Wednesday, February 14th. Zacks Investment Research upgraded AptarGroup from a “hold” rating to a “buy” rating and set a $98.00 price target for the company in a report on Wednesday, January 31st. Finally, Wells Fargo & Co reiterated a “market perform” rating and set a $90.00 price target (up previously from $83.00) on shares of AptarGroup in a report on Wednesday, February 14th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $85.38.
A number of hedge funds have recently modified their holdings of ATR. APG Asset Management N.V. lifted its position in AptarGroup by 490.9% during the fourth quarter. APG Asset Management N.V. now owns 161,900 shares of the industrial products company’s stock worth $11,633,000 after acquiring an additional 134,500 shares during the last quarter. Renaissance Technologies LLC lifted its position in AptarGroup by 146.7% during the fourth quarter. Renaissance Technologies LLC now owns 218,100 shares of the industrial products company’s stock worth $18,818,000 after acquiring an additional 129,700 shares during the last quarter. Champlain Investment Partners LLC lifted its position in AptarGroup by 8.1% during the fourth quarter. Champlain Investment Partners LLC now owns 1,727,600 shares of the industrial products company’s stock worth $149,057,000 after acquiring an additional 129,205 shares during the last quarter. Nuance Investments LLC lifted its position in AptarGroup by 156.5% during the fourth quarter. Nuance Investments LLC now owns 209,324 shares of the industrial products company’s stock worth $18,060,000 after acquiring an additional 127,728 shares during the last quarter. Finally, BlackRock Inc. lifted its position in AptarGroup by 2.0% during the fourth quarter. BlackRock Inc. now owns 5,171,904 shares of the industrial products company’s stock worth $446,231,000 after acquiring an additional 101,984 shares during the last quarter. Hedge funds and other institutional investors own 92.25% of the company’s stock.
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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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