Boston Trust Walden Corp Grows Stock Position in AptarGroup, Inc. (NYSE:ATR)

Boston Trust Walden Corp lifted its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,438,442 shares of the industrial products company's stock after buying an additional 21,545 shares during the period. AptarGroup makes up approximately 1.3% of Boston Trust Walden Corp's holdings, making the stock its 11th largest holding. Boston Trust Walden Corp owned about 2.19% of AptarGroup worth $177,820,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. 1832 Asset Management L.P. purchased a new position in AptarGroup during the 1st quarter valued at about $30,000. Janiczek Wealth Management LLC boosted its position in AptarGroup by 57.7% during the 3rd quarter. Janiczek Wealth Management LLC now owns 317 shares of the industrial products company's stock valued at $40,000 after acquiring an additional 116 shares in the last quarter. Belpointe Asset Management LLC boosted its position in AptarGroup by 60.3% during the 1st quarter. Belpointe Asset Management LLC now owns 351 shares of the industrial products company's stock valued at $41,000 after acquiring an additional 132 shares in the last quarter. C M Bidwell & Associates Ltd. boosted its position in AptarGroup by 1,063.3% during the 3rd quarter. C M Bidwell & Associates Ltd. now owns 349 shares of the industrial products company's stock valued at $44,000 after acquiring an additional 319 shares in the last quarter. Finally, Adirondack Trust Co. bought a new stake in AptarGroup during the 3rd quarter valued at approximately $50,000. Hedge funds and other institutional investors own 88.52% of the company's stock.

Insider Transactions at AptarGroup

In other news, CEO Stephan B. Tanda sold 32,000 shares of the company's stock in a transaction on Monday, March 4th. The stock was sold at an average price of $141.67, for a total value of $4,533,440.00. Following the completion of the sale, the chief executive officer now directly owns 159,024 shares in the company, valued at approximately $22,528,930.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other AptarGroup news, CEO Stephan B. Tanda sold 32,000 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $141.67, for a total value of $4,533,440.00. Following the completion of the sale, the chief executive officer now owns 159,024 shares in the company, valued at approximately $22,528,930.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Monnas Giovanna Kampouri sold 2,000 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $142.45, for a total value of $284,900.00. Following the completion of the sale, the director now owns 9,648 shares of the company's stock, valued at approximately $1,374,357.60. The disclosure for this sale can be found here. Insiders sold 37,500 shares of company stock worth $5,318,280 in the last three months. Corporate insiders own 1.00% of the company's stock.

AptarGroup Stock Performance

ATR traded up $0.87 during mid-day trading on Thursday, reaching $141.75. 403,637 shares of the company traded hands, compared to its average volume of 310,339. The stock has a market capitalization of $9.38 billion, a P/E ratio of 33.35, a P/E/G ratio of 3.85 and a beta of 0.59. The company has a quick ratio of 0.83, a current ratio of 1.24 and a debt-to-equity ratio of 0.29. The company's fifty day moving average price is $138.94 and its 200-day moving average price is $130.39. AptarGroup, Inc. has a 52-week low of $111.63 and a 52-week high of $145.35.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings data on Friday, February 9th. The industrial products company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.12 by $0.09. The firm had revenue of $838.48 million during the quarter, compared to analyst estimates of $842.50 million. AptarGroup had a return on equity of 14.46% and a net margin of 8.16%. AptarGroup's revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.92 EPS. On average, sell-side analysts expect that AptarGroup, Inc. will post 5.22 EPS for the current year.

AptarGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Thursday, February 1st were paid a $0.41 dividend. The ex-dividend date was Wednesday, January 31st. This represents a $1.64 annualized dividend and a dividend yield of 1.16%. AptarGroup's dividend payout ratio (DPR) is 38.59%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ATR. Robert W. Baird raised AptarGroup from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from $125.00 to $150.00 in a research report on Wednesday, January 3rd. Wells Fargo & Company boosted their price target on AptarGroup from $157.00 to $160.00 and gave the stock an "overweight" rating in a research report on Thursday, March 7th.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.