AptarGroup, Inc. (NYSE:ATR) Shares Acquired by Hemenway Trust Co LLC

Hemenway Trust Co LLC boosted its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 0.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 235,402 shares of the industrial products company's stock after buying an additional 1,844 shares during the quarter. AptarGroup accounts for about 3.0% of Hemenway Trust Co LLC's portfolio, making the stock its 14th largest holding. Hemenway Trust Co LLC owned about 0.35% of AptarGroup worth $36,982,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stonebridge Financial Group LLC acquired a new stake in AptarGroup during the fourth quarter worth about $42,000. Park Place Capital Corp acquired a new stake in shares of AptarGroup during the 4th quarter valued at about $67,000. Principal Securities Inc. increased its stake in shares of AptarGroup by 328.4% in the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company's stock valued at $69,000 after purchasing an additional 335 shares in the last quarter. Huntington National Bank increased its stake in shares of AptarGroup by 35.1% in the 4th quarter. Huntington National Bank now owns 462 shares of the industrial products company's stock valued at $73,000 after purchasing an additional 120 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in AptarGroup by 310.4% in the 4th quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company's stock worth $93,000 after purchasing an additional 447 shares during the period. 88.52% of the stock is currently owned by institutional investors and hedge funds.

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AptarGroup Trading Down 1.8 %

NYSE:ATR traded down $2.57 on Thursday, reaching $141.18. The stock had a trading volume of 120,589 shares, compared to its average volume of 307,323. AptarGroup, Inc. has a 12-month low of $130.85 and a 12-month high of $178.03. The company has a market cap of $9.31 billion, a price-to-earnings ratio of 25.26, a P/E/G ratio of 3.89 and a beta of 0.59. The firm's fifty day moving average is $146.58 and its two-hundred day moving average is $157.86. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95.

AptarGroup (NYSE:ATR - Get Free Report) last released its earnings results on Thursday, February 6th. The industrial products company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.28 by $0.24. AptarGroup had a return on equity of 15.56% and a net margin of 10.45%. Equities analysts expect that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 5th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup's payout ratio is 32.49%.

Wall Street Analysts Forecast Growth

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

AptarGroup 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.