Mather Group LLC. Acquires Shares of 358 AptarGroup, Inc. (NYSE:ATR)

Mather Group LLC. acquired a new stake in AptarGroup, Inc. (NYSE:ATR) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 358 shares of the industrial products company’s stock, valued at approximately $52,000.

Several other large investors have also made changes to their positions in the business. First Financial Bank Trust Division acquired a new position in AptarGroup during the first quarter worth $3,038,000. Kapitalo Investimentos Ltda purchased a new position in AptarGroup in the 4th quarter valued at about $313,000. HighPoint Advisor Group LLC acquired a new stake in shares of AptarGroup in the fourth quarter worth approximately $204,000. Fisher Asset Management LLC boosted its stake in AptarGroup by 1.2% during the 4th quarter. Fisher Asset Management LLC now owns 30,268 shares of the industrial products company’s stock worth $3,742,000 after purchasing an additional 366 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of AptarGroup during the fourth quarter worth $367,000. 88.52% of the stock is owned by institutional investors and hedge funds.

AptarGroup Stock Up 0.7 %

ATR stock opened at $146.85 on Monday. AptarGroup, Inc. has a one year low of $111.63 and a one year high of $151.73. The firm has a market cap of $9.73 billion, a PE ratio of 31.51, a PEG ratio of 3.10 and a beta of 0.60. The firm’s 50 day moving average price is $145.65 and its 200-day moving average price is $138.23. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.89 and a current ratio of 1.30.

AptarGroup (NYSE:ATR) last posted its earnings results on Thursday, April 25th. The industrial products company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.13. The company had revenue of $915.45 million for the quarter, compared to the consensus estimate of $897.40 million. AptarGroup had a return on equity of 15.06% and a net margin of 8.83%. On average, equities research analysts anticipate that AptarGroup, Inc. will post 5.36 EPS for the current year.

AptarGroup Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 16th. Shareholders of record on Thursday, April 25th were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Wednesday, April 24th. AptarGroup’s dividend payout ratio (DPR) is presently 35.19%.

Insider Buying and Selling at AptarGroup

In related news, insider Hedi Tlili sold 4,634 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $145.09, for a total transaction of $672,347.06. Following the completion of the transaction, the insider now owns 9,379 shares of the company’s stock, valued at approximately $1,360,799.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Marc Prieur sold 3,200 shares of the stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $148.92, for a total value of $476,544.00. Following the transaction, the insider now owns 16,616 shares of the company’s stock, valued at $2,474,454.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Hedi Tlili sold 4,634 shares of AptarGroup stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $145.09, for a total transaction of $672,347.06. Following the sale, the insider now owns 9,379 shares in the company, valued at $1,360,799.11. The disclosure for this sale can be found here. Insiders sold a total of 8,659 shares of company stock worth $1,269,976 over the last three months. Insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Wells Fargo & Company boosted their target price on AptarGroup from $160.00 to $163.00 and gave the stock an “overweight” rating in a report on Monday, April 29th. William Blair raised AptarGroup from a “market perform” rating to an “outperform” rating in a research note on Monday, April 29th. Finally, Robert W. Baird lifted their price target on AptarGroup from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday, April 29th.

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.