Brokerages Set AptarGroup, Inc. (NYSE:ATR) PT at $181.60

Shares of AptarGroup, Inc. (NYSE:ATR - Get Free Report) have been given a consensus rating of "Buy" by the seven analysts that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $181.60.

A number of equities research analysts recently weighed in on ATR shares. Bank of America downgraded shares of AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price target for the company. in a research note on Monday, January 6th. Raymond James reissued an "outperform" rating and issued a $190.00 price target (down previously from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. StockNews.com cut AptarGroup from a "buy" rating to a "hold" rating in a report on Monday, February 10th. Robert W. Baird lowered their price target on AptarGroup from $185.00 to $160.00 and set an "outperform" rating for the company in a research note on Monday, February 10th. Finally, Wells Fargo & Company reduced their price objective on shares of AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a research note on Monday, February 10th.

AptarGroup Price Performance

Shares of AptarGroup stock traded down $1.13 during trading on Wednesday, reaching $143.87. The company's stock had a trading volume of 390,597 shares, compared to its average volume of 307,399. AptarGroup has a one year low of $130.85 and a one year high of $178.03. The stock has a 50-day moving average price of $145.60 and a two-hundred day moving average price of $157.16. The stock has a market capitalization of $9.49 billion, a P/E ratio of 25.97, a price-to-earnings-growth ratio of 3.89 and a beta of 0.59. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28.

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

AptarGroup Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in AptarGroup by 0.8% in the 4th 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 lifted its holdings in shares of AptarGroup by 33.1% in the fourth 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 in the last quarter. Geode Capital Management LLC boosted its position in shares of AptarGroup by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 1,555,556 shares of the industrial products company's stock worth $248,570,000 after buying an additional 40,268 shares during the period. Mawer Investment Management Ltd. grew its holdings in shares of AptarGroup by 4.4% during 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 in the last quarter. Finally, Northern Trust Corp raised its position in AptarGroup by 10.7% in the 4th quarter. Northern Trust Corp now owns 1,116,612 shares of the industrial products company's stock valued at $175,420,000 after buying an additional 108,321 shares during the last quarter. 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.