AptarGroup, Inc. (NYSE:ATR) Stock Holdings Lifted by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC lifted its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 24.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 31,722 shares of the industrial products company’s stock after buying an additional 6,150 shares during the period. Aptus Capital Advisors LLC’s holdings in AptarGroup were worth $4,467,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ATR. Allspring Global Investments Holdings LLC lifted its stake in AptarGroup by 0.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,077,577 shares of the industrial products company’s stock valued at $155,053,000 after buying an additional 5,089 shares during the last quarter. Norges Bank bought a new stake in AptarGroup in the 4th quarter valued at about $89,855,000. Dimensional Fund Advisors LP boosted its stake in AptarGroup by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 666,510 shares of the industrial products company’s stock valued at $82,398,000 after purchasing an additional 8,534 shares during the period. Bank of New York Mellon Corp grew its position in AptarGroup by 2.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 646,912 shares of the industrial products company’s stock worth $91,092,000 after purchasing an additional 12,533 shares during the last quarter. Finally, Fiduciary Management Inc. WI increased its stake in shares of AptarGroup by 4.8% in the fourth quarter. Fiduciary Management Inc. WI now owns 539,569 shares of the industrial products company’s stock valued at $66,702,000 after purchasing an additional 24,838 shares during the period. Institutional investors and hedge funds own 88.52% of the company’s stock.

AptarGroup Stock Up 0.6 %

NYSE:ATR traded up $0.91 during trading hours on Friday, hitting $153.19. 178,473 shares of the company’s stock traded hands, compared to its average volume of 262,409. AptarGroup, Inc. has a twelve month low of $120.36 and a twelve month high of $153.44. The firm has a market cap of $10.17 billion, a P/E ratio of 32.87, a P/E/G ratio of 3.15 and a beta of 0.57. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.36. The stock’s fifty day moving average price is $145.22 and its two-hundred day moving average price is $144.08.

AptarGroup (NYSE:ATR) last released its quarterly earnings data on Thursday, July 25th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.01. The firm had revenue of $910.10 million during the quarter, compared to analysts’ expectations of $930.15 million. AptarGroup had a return on equity of 15.13% and a net margin of 9.00%. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.23 earnings per share. On average, research analysts expect that AptarGroup, Inc. will post 5.36 earnings per share for the current fiscal year.

AptarGroup Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, July 25th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.18%. This is an increase from AptarGroup’s previous quarterly dividend of $0.41. The ex-dividend date was Thursday, July 25th. AptarGroup’s dividend payout ratio is presently 38.63%.

Insiders Place Their Bets

In other news, EVP Kimberly Chainey sold 825 shares of AptarGroup stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $146.77, for a total value of $121,085.25. Following the transaction, the executive vice president now owns 8,812 shares of the company’s stock, valued at $1,293,337.24. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other AptarGroup news, CEO Stephan B. Tanda sold 32,000 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $147.56, for a total value of $4,721,920.00. Following the sale, the chief executive officer now owns 174,118 shares of the company’s stock, valued at approximately $25,692,852.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kimberly Chainey sold 825 shares of the firm’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $146.77, for a total transaction of $121,085.25. Following the completion of the sale, the executive vice president now owns 8,812 shares in the company, valued at approximately $1,293,337.24. The disclosure for this sale can be found here. Insiders sold 45,607 shares of company stock valued at $6,725,027 over the last quarter. Insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company boosted their price objective on AptarGroup from $163.00 to $168.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 17th.

About AptarGroup

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.