Louisiana State Employees Retirement System raised its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 1.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,900 shares of the industrial products company’s stock after purchasing an additional 200 shares during the quarter. Louisiana State Employees Retirement System’s holdings in AptarGroup were worth $1,798,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in ATR. FMR LLC lifted its holdings in AptarGroup by 92.3% during the 4th quarter. FMR LLC now owns 2,001,521 shares of the industrial products company’s stock valued at $188,283,000 after purchasing an additional 960,567 shares during the last quarter. Federated Investors Inc. PA lifted its holdings in AptarGroup by 2,451.7% during the 3rd quarter. Federated Investors Inc. PA now owns 610,990 shares of the industrial products company’s stock valued at $65,828,000 after purchasing an additional 587,046 shares during the last quarter. Norges Bank acquired a new stake in AptarGroup during the 4th quarter valued at $47,857,000. Bessemer Group Inc. lifted its holdings in AptarGroup by 105.4% during the 4th quarter. Bessemer Group Inc. now owns 817,478 shares of the industrial products company’s stock valued at $76,900,000 after purchasing an additional 419,489 shares during the last quarter. Finally, BlackRock Inc. lifted its holdings in AptarGroup by 3.3% during the 4th quarter. BlackRock Inc. now owns 5,529,612 shares of the industrial products company’s stock valued at $520,170,000 after purchasing an additional 174,573 shares during the last quarter. 91.26% of the stock is owned by institutional investors and hedge funds.
ATR stock opened at $109.62 on Wednesday. The company has a current ratio of 1.93, a quick ratio of 1.38 and a debt-to-equity ratio of 0.79. The firm has a market cap of $6.92 billion, a price-to-earnings ratio of 27.41, a PEG ratio of 2.51 and a beta of 0.81. AptarGroup, Inc. has a fifty-two week low of $88.26 and a fifty-two week high of $112.31.
AptarGroup (NYSE:ATR) last posted its quarterly earnings data on Wednesday, February 20th. The industrial products company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.07. The firm had revenue of $685.03 million for the quarter, compared to analysts’ expectations of $668.21 million. AptarGroup had a return on equity of 18.66% and a net margin of 7.04%. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.81 EPS. As a group, equities analysts expect that AptarGroup, Inc. will post 4.24 EPS for the current fiscal year.
ATR has been the subject of several research reports. Zacks Investment Research raised AptarGroup from a “sell” rating to a “hold” rating in a report on Tuesday, March 26th. Vertical Research raised AptarGroup from a “sell” rating to a “hold” rating in a report on Monday, January 7th. UBS Group set a $106.00 price target on AptarGroup and gave the company a “hold” rating in a report on Friday, January 18th. KeyCorp reaffirmed a “hold” rating on shares of AptarGroup in a report on Friday, February 22nd. Finally, William Blair reiterated an “outperform” rating on shares of AptarGroup in a research report on Thursday, February 21st. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $105.78.
In other AptarGroup news, Director Stephen J. Hagge sold 3,634 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $101.28, for a total transaction of $368,051.52. Following the transaction, the director now owns 70,671 shares in the company, valued at approximately $7,157,558.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.00% of the stock is owned by company insiders.
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AptarGroup Company Profile
AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Beauty + Home, Pharma, and Food + Beverage.
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