Shiela Vinczeller Sells 995 Shares of AptarGroup, Inc. (NYSE:ATR) Stock

AptarGroup, Inc. (NYSE:ATR) insider Shiela Vinczeller sold 995 shares of the business’s stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $152.42, for a total transaction of $151,657.90. Following the completion of the transaction, the insider now owns 26,301 shares in the company, valued at $4,008,798.42. The trade was a 3.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

AptarGroup Stock Performance

Shares of AptarGroup stock opened at $153.30 on Friday. AptarGroup, Inc. has a 12 month low of $130.85 and a 12 month high of $178.03. The firm has a market capitalization of $10.11 billion, a P/E ratio of 27.67, a P/E/G ratio of 3.89 and a beta of 0.58. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28. The business has a fifty day simple moving average of $146.85 and a two-hundred day simple moving average of $155.80.

AptarGroup (NYSE:ATR) last posted its quarterly earnings data on Thursday, May 1st. The industrial products company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.16 by $0.04. The business had revenue of $887.31 million for 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%. AptarGroup’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.26 earnings per share. On average, equities analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 1st will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Thursday, May 1st. AptarGroup’s dividend payout ratio (DPR) is presently 32.85%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ATR shares. Raymond James reduced their price target on AptarGroup from $190.00 to $175.00 and set an “outperform” rating on the stock in a report on Tuesday, April 22nd. StockNews.com upgraded shares of AptarGroup from a “hold” rating to a “buy” rating in a report on Monday, May 5th. Wells Fargo & Company restated an “overweight” rating and issued a $170.00 price objective (up from $162.00) on shares of AptarGroup in a report on Tuesday. Finally, Robert W. Baird cut their target price on shares of AptarGroup from $185.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, February 10th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, AptarGroup presently has an average rating of “Buy” and a consensus target price of $178.60.

Institutional Inflows and Outflows

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

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.