AptarGroup, Inc. (NYSE:ATR) is Boston Trust Walden Corp's 9th Largest Position

Boston Trust Walden Corp increased its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 0.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,139,603 shares of the industrial products company's stock after purchasing an additional 5,892 shares during the period. AptarGroup accounts for about 1.2% of Boston Trust Walden Corp's portfolio, making the stock its 9th largest position. Boston Trust Walden Corp owned about 1.73% of AptarGroup worth $169,094,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Pictet Asset Management Holding SA boosted its stake in AptarGroup by 13.7% in the 4th quarter. Pictet Asset Management Holding SA now owns 9,513 shares of the industrial products company's stock worth $1,494,000 after purchasing an additional 1,146 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in AptarGroup by 1.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 9,418 shares of the industrial products company's stock valued at $1,480,000 after acquiring an additional 127 shares during the period. Empowered Funds LLC lifted its stake in AptarGroup by 5.2% during the 4th quarter. Empowered Funds LLC now owns 2,164 shares of the industrial products company's stock valued at $340,000 after acquiring an additional 107 shares during the period. Stifel Financial Corp lifted its stake in AptarGroup by 172.7% during the 4th quarter. Stifel Financial Corp now owns 11,961 shares of the industrial products company's stock valued at $1,880,000 after acquiring an additional 7,575 shares during the period. Finally, New Age Alpha Advisors LLC acquired a new stake in AptarGroup during the 4th quarter valued at approximately $7,957,000. 88.52% of the stock is currently owned by institutional investors and hedge funds.

AptarGroup Price Performance

ATR traded up $0.44 during trading on Friday, reaching $150.14. The company's stock had a trading volume of 570,488 shares, compared to its average volume of 319,062. The company has a quick ratio of 0.85, a current ratio of 1.25 and a debt-to-equity ratio of 0.22. The firm has a fifty day simple moving average of $151.92 and a two-hundred day simple moving average of $152.52. AptarGroup, Inc. has a 1 year low of $130.85 and a 1 year high of $178.03. The company has a market cap of $9.92 billion, a price-to-earnings ratio of 27.40, a PEG ratio of 3.08 and a beta of 0.59.

AptarGroup (NYSE:ATR - Get Free Report) last released its earnings results on Thursday, May 1st. The industrial products company reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.04. The business had revenue of $887.31 million for the quarter, compared to analyst estimates of $894.26 million. AptarGroup had a net margin of 10.41% and a return on equity of 15.10%. The business's revenue was down 3.1% on a year-over-year basis. During the same period last year, the company posted $1.26 EPS. As a group, analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Announces Dividend

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

Insider Transactions at AptarGroup

In related news, insider Gael Touya sold 3,300 shares of AptarGroup stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $152.62, for a total value of $503,646.00. Following the completion of the sale, the insider now owns 33,963 shares in the company, valued at approximately $5,183,433.06. This trade represents a 8.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Xiangwei Gong sold 7,000 shares of AptarGroup stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $156.49, for a total transaction of $1,095,430.00. Following the completion of the sale, the insider now owns 10,265 shares of the company's stock, valued at $1,606,369.85. This trade represents a 40.54% decrease in their position. The disclosure for this sale can be found here. Insiders sold 45,680 shares of company stock worth $6,983,798 in the last 90 days. Insiders own 0.68% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Wells Fargo & Company restated an "overweight" rating and set a $170.00 price objective (up from $162.00) on shares of AptarGroup in a research note on Tuesday, May 6th. Wall Street Zen raised shares of AptarGroup from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Finally, Raymond James Financial decreased their price target on shares of AptarGroup from $190.00 to $175.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, AptarGroup has an average rating of "Buy" and an average price target of $178.60.

AptarGroup 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.