AptarGroup, Inc. (NYSE:ATR) EVP Kimberly Chainey Sells 1,671 Shares

AptarGroup, Inc. (NYSE:ATR - Get Free Report) EVP Kimberly Chainey sold 1,671 shares of the business's stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $152.79, for a total value of $255,312.09. Following the transaction, the executive vice president now owns 11,088 shares in the company, valued at $1,694,135.52. The trade was a 13.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

AptarGroup Stock Down 0.4%

Shares of NYSE ATR traded down $0.62 during trading on Wednesday, reaching $151.92. 380,125 shares of the stock were exchanged, compared to its average volume of 314,826. The company has a market capitalization of $10.03 billion, a price-to-earnings ratio of 27.42, a price-to-earnings-growth ratio of 3.89 and a beta of 0.59. The business's 50-day moving average price is $150.17 and its 200 day moving average price is $153.41. The company has a quick ratio of 0.95, a current ratio of 1.38 and a debt-to-equity ratio of 0.28. AptarGroup, Inc. has a twelve month low of $130.85 and a twelve month high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The industrial products company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.04. The company had revenue of $887.31 million during the quarter, compared to analyst estimates of $894.26 million. AptarGroup had a net margin of 10.45% and a return on equity of 15.56%. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the business earned $1.26 EPS. As a group, equities analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 1st were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend was Thursday, May 1st. AptarGroup's dividend payout ratio (DPR) is 32.85%.

Institutional Trading of AptarGroup

Several large investors have recently added to or reduced their stakes in ATR. Vanguard Group Inc. lifted its holdings in AptarGroup by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 7,207,015 shares of the industrial products company's stock worth $1,132,222,000 after purchasing an additional 58,777 shares during the period. FMR LLC boosted its holdings in shares of AptarGroup by 33.1% in the fourth quarter. FMR LLC now owns 2,481,563 shares of the industrial products company's stock valued at $389,854,000 after acquiring an additional 617,365 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of AptarGroup by 12.6% during the first quarter. Victory Capital Management Inc. now owns 2,219,191 shares of the industrial products company's stock valued at $329,284,000 after acquiring an additional 247,519 shares during the period. Geode Capital Management LLC lifted its position in AptarGroup by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 1,555,556 shares of the industrial products company's stock worth $248,570,000 after purchasing an additional 40,268 shares during the period. Finally, Mawer Investment Management Ltd. boosted its stake in AptarGroup by 4.4% during the 4th quarter. Mawer Investment Management Ltd. now owns 1,208,753 shares of the industrial products company's stock valued at $189,895,000 after purchasing an additional 50,651 shares in the last quarter. 88.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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.