Rockefeller Capital Management L.P. Purchases 5,305 Shares of AptarGroup, Inc. (NYSE:ATR)

Rockefeller Capital Management L.P. grew its position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 120,634 shares of the industrial products company's stock after acquiring an additional 5,305 shares during the period. Rockefeller Capital Management L.P. owned about 0.18% of AptarGroup worth $18,952,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ATR. Howard Capital Management Group LLC raised its position in AptarGroup by 0.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 131,875 shares of the industrial products company's stock valued at $21,125,000 after purchasing an additional 558 shares during the last quarter. Stifel Financial Corp increased its stake in shares of AptarGroup by 4.1% during the third quarter. Stifel Financial Corp now owns 4,386 shares of the industrial products company's stock valued at $703,000 after buying an additional 174 shares during the period. MML Investors Services LLC bought a new position in shares of AptarGroup during the third quarter valued at approximately $209,000. Toronto Dominion Bank boosted its holdings in AptarGroup by 15.3% in the third quarter. Toronto Dominion Bank now owns 8,263 shares of the industrial products company's stock valued at $1,324,000 after acquiring an additional 1,098 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in AptarGroup in the 3rd quarter worth $126,000. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on ATR shares. Robert W. Baird reduced their price target on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. StockNews.com lowered AptarGroup from a "buy" rating to a "hold" rating in a research report on Monday, February 10th. Bank of America cut AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 target price for the company. in a research note on Monday, January 6th. Wells Fargo & Company decreased their price objective on AptarGroup from $180.00 to $170.00 and set an "overweight" rating for the company in a report on Monday, February 10th. Finally, Raymond James restated an "outperform" rating and set a $190.00 target price (down previously from $200.00) on shares of AptarGroup in a report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $181.60.

AptarGroup Stock Down 0.8 %

Shares of ATR traded down $1.13 on Friday, hitting $143.87. 390,597 shares of the stock traded hands, compared to its average volume of 307,523. AptarGroup, Inc. has a one year low of $130.85 and a one year high of $178.03. The company has a market capitalization of $9.49 billion, a PE ratio of 25.97, a P/E/G ratio of 3.89 and a beta of 0.59. The business has a 50 day simple moving average of $145.60 and a 200 day simple moving average of $157.14. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38.

AptarGroup (NYSE:ATR - Get Free Report) last posted its earnings results on Thursday, February 6th. The industrial products company reported $1.52 EPS for the quarter, topping analysts' consensus estimates of $1.28 by $0.24. AptarGroup had a return on equity of 15.56% and a net margin of 10.45%. As a group, equities analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 1st will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.25%. AptarGroup's dividend payout ratio (DPR) is 32.49%.

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.