AptarGroup, Inc. (NYSE:ATR) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. 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 7,207,015 shares of the industrial products company's stock after buying an additional 58,777 shares during the quarter. Vanguard Group Inc. owned 10.83% of AptarGroup worth $1,132,222,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of AptarGroup by 18.7% during the fourth quarter. LPL Financial LLC now owns 42,783 shares of the industrial products company's stock worth $6,706,000 after purchasing an additional 6,742 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in AptarGroup during the 4th quarter worth about $2,514,000. Northwest & Ethical Investments L.P. purchased a new position in shares of AptarGroup during the 4th quarter valued at about $1,223,000. Teacher Retirement System of Texas lifted its holdings in shares of AptarGroup by 4.0% in the 4th quarter. Teacher Retirement System of Texas now owns 58,499 shares of the industrial products company's stock valued at $9,190,000 after buying an additional 2,239 shares during the period. Finally, Xponance Inc. boosted its stake in shares of AptarGroup by 14.4% in the fourth quarter. Xponance Inc. now owns 8,155 shares of the industrial products company's stock worth $1,281,000 after buying an additional 1,026 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors and hedge funds.

AptarGroup Price Performance

AptarGroup stock traded up $1.41 during trading on Wednesday, reaching $150.51. The company had a trading volume of 29,159 shares, compared to its average volume of 302,908. The firm has a market capitalization of $10.01 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56. The firm's 50-day simple moving average is $149.32 and its 200 day simple moving average is $158.67. 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, Inc. has a 1-year low of $135.96 and a 1-year high of $178.03.

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AptarGroup (NYSE:ATR - Get Free Report) last announced its earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, beating 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, equities research analysts anticipate that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were issued a dividend of $0.45 per share. The ex-dividend date was Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.20%. AptarGroup's payout ratio is currently 32.49%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ATR shares. StockNews.com cut AptarGroup from a "buy" rating to a "hold" rating in a research report on Monday, February 10th. Wells Fargo & Company cut their target price 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. Raymond James reiterated 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. Bank of America lowered 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. Finally, 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 report on Monday, February 10th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price 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.