AptarGroup, Inc. (NYSE:ATR) insider Ursula Saint-Leger sold 66,493 shares of the company’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $90.53, for a total value of $6,019,611.29. Following the completion of the transaction, the insider now owns 42,690 shares in the company, valued at $3,864,725.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
NYSE:ATR opened at $88.50 on Friday. The firm has a market capitalization of $5,614.89, a P/E ratio of 25.73, a price-to-earnings-growth ratio of 2.81 and a beta of 0.79. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.53 and a current ratio of 3.16. AptarGroup, Inc. has a 12 month low of $75.76 and a 12 month high of $92.32.
AptarGroup (NYSE:ATR) last posted its earnings results on Monday, February 12th. The industrial products company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.71 by $0.10. The firm had revenue of $625.90 million for the quarter, compared to analyst estimates of $577.17 million. AptarGroup had a return on equity of 16.97% and a net margin of 8.91%. AptarGroup’s revenue for the quarter was up 16.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.69 earnings per share. analysts predict that AptarGroup, Inc. will post 3.78 EPS for the current fiscal year.
A number of large investors have recently bought and sold shares of the stock. Schwab Charles Investment Management Inc. boosted its stake in AptarGroup by 5.0% in the third quarter. Schwab Charles Investment Management Inc. now owns 404,839 shares of the industrial products company’s stock valued at $34,942,000 after acquiring an additional 19,275 shares in the last quarter. Geode Capital Management LLC boosted its stake in AptarGroup by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 526,607 shares of the industrial products company’s stock valued at $45,435,000 after acquiring an additional 5,899 shares in the last quarter. Rhumbline Advisers boosted its stake in AptarGroup by 6.3% in the third quarter. Rhumbline Advisers now owns 165,333 shares of the industrial products company’s stock valued at $14,270,000 after acquiring an additional 9,810 shares in the last quarter. Jane Street Group LLC boosted its stake in AptarGroup by 48.3% in the third quarter. Jane Street Group LLC now owns 5,492 shares of the industrial products company’s stock valued at $474,000 after acquiring an additional 1,789 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in AptarGroup by 36.9% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,662 shares of the industrial products company’s stock valued at $316,000 after acquiring an additional 987 shares in the last quarter. 92.24% of the stock is currently owned by hedge funds and other institutional investors.
ATR has been the topic of a number of research reports. Zacks Investment Research upgraded AptarGroup from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a research note on Wednesday, January 31st. Wells Fargo reaffirmed a “market perform” rating and set a $90.00 price objective (up previously from $83.00) on shares of AptarGroup in a research report on Wednesday, February 14th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $92.00 price objective on shares of AptarGroup in a research report on Wednesday, February 14th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $85.38.
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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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