Swiss National Bank Has $15.98 Million Holdings in AptarGroup, Inc. (NYSE:ATR)

Swiss National Bank trimmed its position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 10.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 129,300 shares of the industrial products company's stock after selling 14,700 shares during the quarter. Swiss National Bank owned about 0.20% of AptarGroup worth $15,984,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ATR. C M Bidwell & Associates Ltd. boosted its holdings in shares of 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 during the last quarter. Adirondack Trust Co. purchased a new stake in AptarGroup during the 3rd quarter valued at approximately $50,000. GAMMA Investing LLC purchased a new stake in AptarGroup during the 4th quarter valued at approximately $61,000. Signaturefd LLC grew its holdings in AptarGroup by 41.8% during the 4th quarter. Signaturefd LLC now owns 699 shares of the industrial products company's stock valued at $86,000 after buying an additional 206 shares in the last quarter. Finally, Clearstead Advisors LLC grew its holdings in AptarGroup by 117.7% during the 3rd quarter. Clearstead Advisors LLC now owns 751 shares of the industrial products company's stock valued at $94,000 after buying an additional 406 shares in the last quarter. 88.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ATR shares. Wells Fargo & Company increased their price objective on shares of AptarGroup from $160.00 to $163.00 and gave the company an "overweight" rating in a report on Monday, April 29th. Robert W. Baird raised their target price on shares of AptarGroup from $150.00 to $170.00 and gave the company an "outperform" rating in a report on Monday, April 29th. Finally, William Blair raised shares of AptarGroup from a "market perform" rating to an "outperform" rating in a report on Monday, April 29th.

Insiders Place Their Bets

In other AptarGroup news, insider Gael Touya sold 3,500 shares of AptarGroup stock in a transaction on Monday, March 11th. The shares were sold at an average price of $142.84, for a total transaction of $499,940.00. Following the completion of the transaction, the insider now directly owns 33,426 shares of the company's stock, valued at $4,774,569.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Stephan B. Tanda sold 32,000 shares of the company's stock in a transaction that occurred 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 sale, the chief executive officer now owns 159,024 shares in the company, valued at $22,528,930.08. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Gael Touya sold 3,500 shares of the company's stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $142.84, for a total value of $499,940.00. Following the completion of the sale, the insider now owns 33,426 shares in the company, valued at approximately $4,774,569.84. The disclosure for this sale can be found here. Insiders sold 45,334 shares of company stock valued at $6,467,171 over the last three months. 1.00% of the stock is owned by company insiders.

AptarGroup Price Performance

Shares of ATR stock traded down $0.59 on Friday, reaching $148.49. The company's stock had a trading volume of 186,303 shares, compared to its average volume of 324,963. The stock's fifty day simple moving average is $142.26 and its 200-day simple moving average is $133.43. AptarGroup, Inc. has a 1 year low of $111.63 and a 1 year high of $151.73. The company has a current ratio of 1.30, a quick ratio of 0.89 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $9.84 billion, a price-to-earnings ratio of 31.98, a price-to-earnings-growth ratio of 3.93 and a beta of 0.57.

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 company had revenue of $838.48 million during the quarter, compared to analyst estimates of $842.50 million. AptarGroup had a net margin of 8.83% and a return on equity of 15.06%. AptarGroup's quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.92 earnings per share. Analysts forecast that AptarGroup, Inc. will post 5.34 earnings per share for the current fiscal year.

AptarGroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Thursday, April 25th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.10%. The ex-dividend date is Wednesday, April 24th. AptarGroup's payout ratio is 35.19%.

About AptarGroup

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.