AptarGroup, Inc. (NYSE:ATR) Holdings Increased by Boston Trust Walden Corp

Boston Trust Walden Corp increased its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 0.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,139,603 shares of the industrial products company's stock after acquiring an additional 5,892 shares during the quarter. AptarGroup comprises about 1.2% of Boston Trust Walden Corp's holdings, making the stock its 9th biggest holding. Boston Trust Walden Corp owned 1.73% of AptarGroup worth $169,094,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ATR. MassMutual Private Wealth & Trust FSB raised its stake in AptarGroup by 155.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 278 shares of the industrial products company's stock valued at $41,000 after purchasing an additional 169 shares in the last quarter. Principal Securities Inc. lifted its holdings in shares of AptarGroup by 328.4% in the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company's stock worth $69,000 after acquiring an additional 335 shares during the last quarter. Huntington National Bank lifted its holdings in shares of AptarGroup by 35.1% in the 4th quarter. Huntington National Bank now owns 462 shares of the industrial products company's stock worth $73,000 after acquiring an additional 120 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of AptarGroup in the 4th quarter worth approximately $75,000. Finally, UMB Bank n.a. lifted its holdings in shares of AptarGroup by 116.9% in the 1st quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock worth $89,000 after acquiring an additional 325 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ATR. Raymond James Financial lowered their price objective on shares of AptarGroup from $190.00 to $175.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd. Wall Street Zen upgraded shares of AptarGroup from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and issued a $170.00 target price (up from $162.00) on shares of AptarGroup in a research note on Tuesday, May 6th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, AptarGroup has an average rating of "Buy" and a consensus target price of $178.60.

AptarGroup Trading Up 0.3%

NYSE:ATR traded up $0.44 during midday trading on Friday, reaching $150.14. 570,488 shares of the stock traded hands, compared to its average volume of 318,560. The company has a fifty day moving average of $152.04 and a 200 day moving average of $152.09. AptarGroup, Inc. has a 12 month low of $130.85 and a 12 month high of $178.03. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.85 and a current ratio of 1.25. The stock has a market capitalization of $9.92 billion, a P/E ratio of 27.40, a PEG ratio of 3.09 and a beta of 0.59.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The industrial products company reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $1.16 by $0.04. AptarGroup had a net margin of 10.41% and a return on equity of 15.10%. The company had revenue of $887.31 million during the quarter, compared to analyst estimates of $894.26 million. During the same period in the prior year, the business posted $1.26 EPS. The firm's revenue was down 3.1% compared to the same quarter last year. On average, research analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 1st were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date was Thursday, May 1st. AptarGroup's payout ratio is currently 32.85%.

Insider Buying and Selling at AptarGroup

In other AptarGroup news, CEO Stephan B. Tanda sold 17,771 shares of the business's stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $151.24, for a total transaction of $2,687,686.04. Following the transaction, the chief executive officer now directly owns 204,986 shares of the company's stock, valued at approximately $31,002,082.64. The trade was a 7.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kimberly Chainey sold 1,671 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $152.79, for a total transaction of $255,312.09. Following the transaction, the executive vice president now directly owns 11,088 shares in the company, valued at approximately $1,694,135.52. The trade was a 13.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 45,680 shares of company stock valued at $6,983,798. 0.68% of the stock is currently owned by company insiders.

AptarGroup Company Profile

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.