AptarGroup, Inc. (NYSE:ATR) EVP Sells $121,085.25 in Stock

AptarGroup, Inc. (NYSE:ATRGet Free Report) EVP Kimberly Chainey sold 825 shares of the company’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $146.77, for a total transaction of $121,085.25. Following the transaction, the executive vice president now owns 8,812 shares of the company’s stock, valued at approximately $1,293,337.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

AptarGroup Stock Down 0.3 %

Shares of NYSE:ATR opened at $145.57 on Friday. AptarGroup, Inc. has a 52-week low of $111.63 and a 52-week high of $151.73. The stock has a market cap of $9.65 billion, a P/E ratio of 31.24, a PEG ratio of 3.15 and a beta of 0.60. The business has a fifty day moving average of $144.53 and a two-hundred day moving average of $136.78. The company has a quick ratio of 0.89, a current ratio of 1.30 and a debt-to-equity ratio of 0.29.

AptarGroup (NYSE:ATRGet Free Report) last announced its quarterly earnings data on Thursday, April 25th. The industrial products company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.13. AptarGroup had a net margin of 8.83% and a return on equity of 15.06%. The firm had revenue of $915.45 million during the quarter, compared to analyst estimates of $897.40 million. On average, research analysts expect that AptarGroup, Inc. will post 5.36 earnings per share for the current year.

AptarGroup Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 16th. Stockholders of record on Thursday, April 25th were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Wednesday, April 24th. AptarGroup’s payout ratio is presently 35.19%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. DekaBank Deutsche Girozentrale raised its position in AptarGroup by 9.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 17,607 shares of the industrial products company’s stock valued at $2,532,000 after purchasing an additional 1,583 shares during the period. Tidal Investments LLC lifted its position in AptarGroup by 53.4% in the first quarter. Tidal Investments LLC now owns 9,596 shares of the industrial products company’s stock valued at $1,381,000 after buying an additional 3,340 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in AptarGroup during the first quarter worth about $269,000. Perbak Capital Partners LLP acquired a new stake in shares of AptarGroup during the first quarter valued at about $6,791,000. Finally, Aristides Capital LLC purchased a new stake in shares of AptarGroup in the 1st quarter valued at approximately $264,000. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ATR. Wells Fargo & Company lifted their price target on AptarGroup from $160.00 to $163.00 and gave the stock an “overweight” rating in a research note on Monday, April 29th. William Blair upgraded shares of AptarGroup from a “market perform” rating to an “outperform” rating in a research report on Monday, April 29th. Finally, Robert W. Baird raised their price target on shares of AptarGroup from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, April 29th.

Read Our Latest Analysis on AptarGroup

AptarGroup Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for AptarGroup (NYSE:ATR)

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