Natixis Advisors LLC Has $19.02 Million Stock Position in AptarGroup, Inc. (NYSE:ATR)

Natixis Advisors LLC boosted its holdings in AptarGroup, Inc. (NYSE:ATR - Free Report) by 6.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 121,095 shares of the industrial products company's stock after acquiring an additional 7,592 shares during the quarter. Natixis Advisors LLC owned 0.18% of AptarGroup worth $19,024,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. CIBC Asset Management Inc grew its holdings in shares of AptarGroup by 3.6% in the 3rd quarter. CIBC Asset Management Inc now owns 1,977 shares of the industrial products company's stock worth $317,000 after purchasing an additional 68 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in AptarGroup by 12.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company's stock valued at $102,000 after purchasing an additional 72 shares during the last quarter. Commerce Bank boosted its position in AptarGroup by 3.3% in the third quarter. Commerce Bank now owns 2,349 shares of the industrial products company's stock valued at $376,000 after buying an additional 75 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of AptarGroup by 9.3% during the fourth quarter. Blue Trust Inc. now owns 961 shares of the industrial products company's stock worth $154,000 after buying an additional 82 shares in the last quarter. Finally, Hanson & Doremus Investment Management raised its stake in shares of AptarGroup by 0.6% in the fourth quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company's stock valued at $2,621,000 after acquiring an additional 99 shares during the last quarter. Institutional investors and hedge funds own 88.52% of the company's stock.

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Wall Street Analysts Forecast Growth

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

AptarGroup Trading Down 0.1 %

Shares of NYSE ATR traded down $0.13 during mid-day trading on Friday, hitting $145.07. The company's stock had a trading volume of 601,908 shares, compared to its average volume of 290,887. AptarGroup, Inc. has a one year low of $135.96 and a one year high of $178.03. The company's fifty day simple moving average is $150.42 and its 200-day simple moving average is $158.72. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95. The stock has a market cap of $9.65 billion, a price-to-earnings ratio of 26.19, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56.

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, topping analysts' consensus estimates of $1.28 by $0.24. AptarGroup had a net margin of 10.45% and a return on equity of 15.56%. On average, sell-side analysts anticipate that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup's payout ratio 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.