South Dakota Investment Council Takes $1.10 Million Position in AptarGroup, Inc. (NYSE:ATR)

South Dakota Investment Council bought a new stake in shares of AptarGroup, Inc. (NYSE:ATR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 8,903 shares of the industrial products company’s stock, valued at approximately $1,101,000.

Several other institutional investors also recently made changes to their positions in ATR. CWM LLC grew its holdings in shares of AptarGroup by 39.0% during the third quarter. CWM LLC now owns 467 shares of the industrial products company’s stock valued at $58,000 after purchasing an additional 131 shares during the last quarter. Ropes Wealth Advisors LLC boosted its position in shares of AptarGroup by 7.8% during the third quarter. Ropes Wealth Advisors LLC now owns 2,323 shares of the industrial products company’s stock worth $290,000 after buying an additional 168 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of AptarGroup by 3.2% during the third quarter. Robeco Institutional Asset Management B.V. now owns 194,028 shares of the industrial products company’s stock worth $24,261,000 after buying an additional 5,931 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of AptarGroup by 1.7% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 11,364 shares of the industrial products company’s stock worth $1,421,000 after buying an additional 189 shares during the period. Finally, Hanson & Doremus Investment Management boosted its position in shares of AptarGroup by 20.7% during the third quarter. Hanson & Doremus Investment Management now owns 12,797 shares of the industrial products company’s stock worth $1,600,000 after buying an additional 2,191 shares during the period. 88.52% of the stock is owned by institutional investors.

Insider Buying and Selling at AptarGroup

In other AptarGroup news, CEO Stephan B. Tanda sold 32,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $141.67, for a total transaction of $4,533,440.00. Following the sale, the chief executive officer now directly owns 159,024 shares of the company’s stock, valued at approximately $22,528,930.08. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other AptarGroup news, CEO Stephan B. Tanda sold 32,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $141.67, for a total transaction of $4,533,440.00. Following the sale, the chief executive officer now directly owns 159,024 shares of the company’s stock, valued at approximately $22,528,930.08. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Gael Touya sold 3,500 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $142.84, for a total transaction of $499,940.00. Following the completion of the transaction, the insider now directly owns 33,426 shares in the company, valued at $4,774,569.84. The disclosure for this sale can be found here. Insiders have sold a total of 37,500 shares of company stock valued at $5,318,280 in the last three months. 1.00% of the stock is currently owned by company insiders.

AptarGroup Price Performance

Shares of NYSE:ATR opened at $140.26 on Friday. AptarGroup, Inc. has a one year low of $111.63 and a one year high of $145.35. The stock has a fifty day moving average of $140.85 and a 200-day moving average of $131.98. The company has a market capitalization of $9.28 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 3.84 and a beta of 0.59. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.83 and a current ratio of 1.24.

AptarGroup (NYSE:ATR) last announced its quarterly earnings data on Friday, February 9th. The industrial products company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. AptarGroup had a return on equity of 14.46% and a net margin of 8.16%. The company had revenue of $838.48 million during the quarter, compared to the consensus estimate of $842.50 million. During the same quarter in the prior year, the firm earned $0.92 EPS. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. As a group, equities analysts anticipate that AptarGroup, Inc. will post 5.21 EPS for the current fiscal year.

AptarGroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, April 25th will be given a dividend of $0.41 per share. The ex-dividend date is Wednesday, April 24th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.17%. AptarGroup’s dividend payout ratio (DPR) is presently 38.59%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ATR shares. Robert W. Baird upgraded AptarGroup from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $125.00 to $150.00 in a research report on Wednesday, January 3rd. Wells Fargo & Company upped their target price on AptarGroup from $157.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, March 7th.

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.