AptarGroup, Inc. (NYSE:ATR) Holdings Lifted by Northwestern Mutual Investment Management Company LLC

Northwestern Mutual Investment Management Company LLC boosted its stake in shares of AptarGroup, Inc. (NYSE:ATR) by 1.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,903 shares of the industrial products company’s stock after acquiring an additional 162 shares during the quarter. Northwestern Mutual Investment Management Company LLC’s holdings in AptarGroup were worth $863,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Great Lakes Advisors LLC raised its position in shares of AptarGroup by 0.4% in the 2nd quarter. Great Lakes Advisors LLC now owns 5,683 shares of the industrial products company’s stock worth $494,000 after acquiring an additional 20 shares in the last quarter. Toronto Dominion Bank raised its position in shares of AptarGroup by 1.7% in the 1st quarter. Toronto Dominion Bank now owns 1,771 shares of the industrial products company’s stock worth $137,000 after acquiring an additional 30 shares in the last quarter. Bbva Compass Bancshares Inc. raised its position in shares of AptarGroup by 1.0% in the 1st quarter. Bbva Compass Bancshares Inc. now owns 4,327 shares of the industrial products company’s stock worth $333,000 after acquiring an additional 44 shares in the last quarter. Advisor Partners LLC increased its position in AptarGroup by 0.8% during the 2nd quarter. Advisor Partners LLC now owns 6,875 shares of the industrial products company’s stock valued at $597,000 after buying an additional 53 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its position in AptarGroup by 1.2% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,993 shares of the industrial products company’s stock valued at $434,000 after buying an additional 59 shares in the last quarter. Institutional investors own 92.08% of the company’s stock.

In other news, insider Gael Touya sold 35,000 shares of the company’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $81.25, for a total value of $2,843,750.00. Following the completion of the transaction, the insider now directly owns 33,092 shares in the company, valued at $2,688,725. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Monnas Giovanna Kampouri sold 2,000 shares of the stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $82.13, for a total transaction of $164,260.00. Following the transaction, the director now owns 6,469 shares in the company, valued at $531,298.97. The disclosure for this sale can be found here. 5.30% of the stock is owned by corporate insiders.

A number of research analysts recently weighed in on the company. BidaskClub lowered AptarGroup from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Jefferies Group LLC reissued a “hold” rating and issued a $78.00 target price (down previously from $81.00) on shares of AptarGroup in a report on Monday, July 31st. Vertical Research raised AptarGroup from a “sell” rating to a “hold” rating and lifted their target price for the stock from $70.00 to $77.00 in a report on Monday, July 31st. Zacks Investment Research upgraded AptarGroup from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Finally, BMO Capital Markets restated a “hold” rating and issued a $92.00 price target on shares of AptarGroup in a research note on Thursday, July 20th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $81.40.

Shares of AptarGroup, Inc. (NYSE:ATR) opened at 84.86 on Friday. AptarGroup, Inc. has a one year low of $70.32 and a one year high of $90.79. The company has a market capitalization of $5.32 billion, a PE ratio of 24.96 and a beta of 0.96. The stock has a 50 day moving average price of $82.91 and a 200 day moving average price of $82.20.

AptarGroup (NYSE:ATR) last issued its quarterly earnings results on Thursday, July 27th. The industrial products company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.96 by $0.05. AptarGroup had a net margin of 9.36% and a return on equity of 16.91%. The firm had revenue of $617.75 million during the quarter, compared to analyst estimates of $624.74 million. During the same quarter in the prior year, the business posted $0.91 earnings per share. AptarGroup’s revenue for the quarter was down .4% compared to the same quarter last year. On average, equities research analysts predict that AptarGroup, Inc. will post $3.34 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 16th. Stockholders of record on Wednesday, July 26th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend was Monday, July 24th. AptarGroup’s payout ratio is currently 37.54%.

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AptarGroup Profile

AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.

Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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