Farther Finance Advisors LLC Buys 280 Shares of AptarGroup, Inc. (NYSE:ATR)
Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp increased its position in shares of AptarGroup by 0.5% during the 3rd quarter. State Street Corp now owns 2,889,811 shares of the industrial products company’s stock valued at $462,919,000 after purchasing an additional 14,001 shares during the last quarter. FMR LLC increased its position in shares of AptarGroup by 13.0% during the 3rd quarter. FMR LLC now owns 1,864,198 shares of the industrial products company’s stock valued at $298,626,000 after purchasing an additional 214,097 shares during the last quarter. Geode Capital Management LLC increased its position in shares of AptarGroup by 5.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company’s stock valued at $245,444,000 after purchasing an additional 83,452 shares during the last quarter. Congress Asset Management Co. increased its position in shares of AptarGroup by 4.1% during the 4th quarter. Congress Asset Management Co. now owns 703,308 shares of the industrial products company’s stock valued at $110,490,000 after purchasing an additional 27,614 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of AptarGroup by 8.6% during the 4th quarter. Bank of New York Mellon Corp now owns 642,478 shares of the industrial products company’s stock valued at $100,933,000 after purchasing an additional 50,752 shares during the last quarter. Institutional investors own 88.52% of the company’s stock.
Shares of ATR opened at $145.07 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95. AptarGroup, Inc. has a 1 year low of $135.96 and a 1 year high of $178.03. The company has a 50 day simple moving average of $150.42 and a two-hundred day simple moving average of $158.72. The firm has a market cap of $9.65 billion, a P/E ratio of 26.19, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56.
AptarGroup (NYSE:ATR – Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.24. AptarGroup had a net margin of 10.45% and a return on equity of 15.56%. On average, equities analysts expect that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were given a dividend of $0.45 per share. The ex-dividend date was Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.24%. AptarGroup’s dividend payout ratio is currently 32.49%.
Several equities research analysts have recently commented on the stock. Raymond James reaffirmed an “outperform” rating and set a $190.00 price target (down previously from $200.00) on shares of AptarGroup in a research report on Monday, February 10th. StockNews.com lowered shares of AptarGroup from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Bank of America lowered shares of AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 target price for the company. in a report on Monday, January 6th. Wells Fargo & Company reduced their target price on shares of AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Finally, Robert W. Baird reduced their target price on shares of AptarGroup from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, February 10th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $181.60.
View Our Latest Stock Report on AptarGroup
AptarGroup, Inc designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments.
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