Natixis Advisors LLC reduced its position in shares of AptarGroup, Inc. (NYSE:ATR – Free Report) by 4.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,497 shares of the industrial products company’s stock after selling 5,863 shares during the period. Natixis Advisors LLC owned approximately 0.20% of AptarGroup worth $15,671,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Azzad Asset Management Inc. ADV purchased a new position in shares of AptarGroup during the 3rd quarter valued at $1,383,000. Nordea Investment Management AB purchased a new position in AptarGroup in the fourth quarter worth $7,314,000. Northwestern Mutual Wealth Management Co. grew its position in AptarGroup by 30,035.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 136,211 shares of the industrial products company’s stock worth $15,220,000 after acquiring an additional 135,759 shares in the last quarter. Intech Investment Management LLC grew its position in AptarGroup by 696.8% in the fourth quarter. Intech Investment Management LLC now owns 100,020 shares of the industrial products company’s stock worth $12,198,000 after acquiring an additional 87,467 shares in the last quarter. Finally, First Trust Advisors LP grew its position in AptarGroup by 218.1% in the third quarter. First Trust Advisors LP now owns 372,369 shares of the industrial products company’s stock worth $49,771,000 after acquiring an additional 255,291 shares in the last quarter. 88.52% of the stock is currently owned by hedge funds and other institutional investors.
AptarGroup Price Performance
Shares of AptarGroup stock opened at $113.30 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.66 and a quick ratio of 1.14. The business’s 50 day simple moving average is $122.03 and its two-hundred day simple moving average is $125.56. The stock has a market capitalization of $7.23 billion, a P/E ratio of 19.40, a price-to-earnings-growth ratio of 2.68 and a beta of 0.40. AptarGroup, Inc. has a one year low of $103.23 and a one year high of $164.28.
AptarGroup Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 6th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Wednesday, May 6th. AptarGroup’s dividend payout ratio is currently 32.88%.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on ATR shares. Robert W. Baird set a $156.00 target price on shares of AptarGroup in a research report on Monday, February 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of AptarGroup in a research report on Friday, March 27th. Wells Fargo & Company upped their target price on shares of AptarGroup from $144.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Zacks Research upgraded shares of AptarGroup from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $173.25.
Check Out Our Latest Analysis on AptarGroup
Insider Transactions at AptarGroup
In other news, insider Shiela Vinczeller sold 3,555 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $112.61, for a total transaction of $400,328.55. Following the completion of the sale, the insider directly owned 27,078 shares in the company, valued at approximately $3,049,253.58. This represents a 11.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Irene Elizabeth Hudson sold 1,264 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $123.43, for a total transaction of $156,015.52. Following the sale, the executive vice president owned 1,480 shares of the company’s stock, valued at approximately $182,676.40. This represents a 46.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.73% of the company’s stock.
About AptarGroup
AptarGroup, Inc is a global provider of advanced dispensing, sealing and protection solutions for consumer and pharmaceutical markets. The company designs and manufactures a broad portfolio of products that enable the controlled delivery of liquids, gels, powders and aerosols. Its customer base spans beauty and personal care, home care, food and beverage, and pharmaceutical sectors, where innovation in packaging and drug‐delivery devices drives brand differentiation and regulatory compliance.
In the consumer markets, AptarGroup offers pumps, actuators, valves, closures and specialized bottles engineered for precision, convenience and sustainability.
Featured Articles
- Five stocks we like better than AptarGroup
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Receive News & Ratings for AptarGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AptarGroup and related companies with MarketBeat.com's FREE daily email newsletter.
