AptarGroup, Inc. (NYSE:ATR) Shares Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp lifted its position in shares of AptarGroup, Inc. (NYSE:ATR) by 310.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 591 shares of the industrial products company’s stock after buying an additional 447 shares during the period. Jones Financial Companies Lllp’s holdings in AptarGroup were worth $93,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CIBC Asset Management Inc boosted its holdings in shares of AptarGroup by 3.6% during the third quarter. CIBC Asset Management Inc now owns 1,977 shares of the industrial products company’s stock worth $317,000 after purchasing an additional 68 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in AptarGroup by 12.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company’s stock worth $102,000 after buying an additional 72 shares during the last quarter. Commerce Bank grew its holdings in AptarGroup by 3.3% in the 3rd quarter. Commerce Bank now owns 2,349 shares of the industrial products company’s stock valued at $376,000 after buying an additional 75 shares during the period. Blue Trust Inc. grew its holdings in AptarGroup by 9.3% in the 4th quarter. Blue Trust Inc. now owns 961 shares of the industrial products company’s stock valued at $154,000 after buying an additional 82 shares during the period. Finally, Hanson & Doremus Investment Management grew its holdings in AptarGroup by 0.6% in the 4th quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company’s stock valued at $2,621,000 after buying an additional 99 shares during the period. 88.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the company. Robert W. Baird lowered their price target on AptarGroup from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, February 10th. Raymond James restated an “outperform” rating and issued a $190.00 price target (down previously from $200.00) on shares of AptarGroup in a report on Monday, February 10th. Bank of America cut AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price target for the company. in a report on Monday, January 6th. StockNews.com cut AptarGroup from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Finally, Wells Fargo & Company lowered their price target on AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $181.60.

AptarGroup Stock Up 1.4 %

Shares of NYSE:ATR opened at $146.81 on Monday. 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. The stock has a market capitalization of $9.76 billion, a P/E ratio of 26.50, a PEG ratio of 3.89 and a beta of 0.56. The stock has a 50-day simple moving average of $151.14 and a 200-day simple moving average of $159.04.

AptarGroup (NYSE:ATR) last issued its earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.24. AptarGroup had a return on equity of 15.56% and a net margin of 10.45%. Equities analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date was Wednesday, February 5th. AptarGroup’s dividend payout ratio is presently 32.49%.

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.