AptarGroup, Inc. (NYSE:ATR) Position Lifted by National Bank of Canada FI

National Bank of Canada FI grew its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 6,677.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,348 shares of the industrial products company's stock after acquiring an additional 24,974 shares during the period. National Bank of Canada FI's holdings in AptarGroup were worth $3,115,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. C M Bidwell & Associates Ltd. raised its position 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 worth $44,000 after purchasing an additional 319 shares during the last quarter. Adirondack Trust Co. acquired a new stake in AptarGroup in the 3rd quarter valued at about $50,000. GAMMA Investing LLC purchased a new position in AptarGroup in the 4th quarter worth approximately $61,000. Signaturefd LLC boosted its holdings in shares of AptarGroup by 41.8% during the 4th quarter. Signaturefd LLC now owns 699 shares of the industrial products company's stock worth $86,000 after purchasing an additional 206 shares during the last quarter. Finally, Clearstead Advisors LLC grew its position in shares of AptarGroup by 117.7% in the third quarter. Clearstead Advisors LLC now owns 751 shares of the industrial products company's stock valued at $94,000 after purchasing an additional 406 shares in the last quarter. Institutional investors and hedge funds own 88.52% of the company's stock.

Wall Street Analysts Forecast Growth

ATR has been the topic of a number of analyst reports. Wells Fargo & Company lifted their price objective on AptarGroup from $160.00 to $163.00 and gave the stock an "overweight" rating in a research report on Monday, April 29th. William Blair upgraded AptarGroup from a "market perform" rating to an "outperform" rating in a report on Monday, April 29th. Finally, Robert W. Baird upped their price objective on shares of AptarGroup from $150.00 to $170.00 and gave the company an "outperform" rating in a report on Monday, April 29th.

Insider Buying and Selling at AptarGroup

In other news, 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 transaction, the insider now directly owns 33,426 shares in the company, valued at approximately $4,774,569.84. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, 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 transaction, the insider now directly owns 33,426 shares in the company, valued at approximately $4,774,569.84. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $4,533,440.00. Following the completion of the transaction, the chief executive officer now owns 159,024 shares in the company, valued at $22,528,930.08. The disclosure for this sale can be found here. Insiders sold a total of 45,334 shares of company stock worth $6,467,171 over the last three months. Insiders own 1.00% of the company's stock.

AptarGroup Trading Down 0.4 %

AptarGroup stock traded down $0.62 during mid-day trading on Monday, hitting $147.87. The company's stock had a trading volume of 167,458 shares, compared to its average volume of 323,251. The stock's fifty day moving average is $142.42 and its two-hundred day moving average is $133.77. 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 firm has a market capitalization of $9.80 billion, a PE ratio of 31.68, a price-to-earnings-growth ratio of 3.96 and a beta of 0.57. AptarGroup, Inc. has a 1 year low of $111.63 and a 1 year high of $151.73.

AptarGroup (NYSE:ATR - Get Free Report) last released its quarterly earnings results on Friday, February 9th. The industrial products company reported $1.21 earnings per share for the quarter, topping analysts' consensus estimates of $1.12 by $0.09. The business had revenue of $838.48 million during the quarter, compared to analysts' expectations of $842.50 million. AptarGroup had a return on equity of 15.06% and a net margin of 8.83%. The company's revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.92 EPS. On average, analysts anticipate that AptarGroup, Inc. will post 5.36 EPS for the current year.

AptarGroup Announces Dividend

The business also recently announced 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 1.11%. The ex-dividend date is Wednesday, April 24th. AptarGroup's dividend payout ratio (DPR) is presently 35.19%.

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.