Shares of AptarGroup, Inc. (NYSE:ATR) have received an average recommendation of “Hold” from the ten research firms that are covering the firm, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $105.67.

Several equities analysts have recently weighed in on ATR shares. Zacks Investment Research raised AptarGroup from a “hold” rating to a “buy” rating and set a $121.00 price objective on the stock in a research note on Monday, October 1st. Vertical Research raised AptarGroup from a “sell” rating to a “hold” rating in a research note on Monday.

In related news, Director Stephen J. Hagge sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $104.92, for a total transaction of $2,623,000.00. Following the transaction, the director now directly owns 110,105 shares of the company’s stock, valued at approximately $11,552,216.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Maritza Gomez Montiel sold 707 shares of the business’s stock in a transaction that occurred on Wednesday, January 9th. The stock was sold at an average price of $93.58, for a total value of $66,161.06. Following the transaction, the director now directly owns 4,033 shares in the company, valued at $377,408.14. The disclosure for this sale can be found here. Insiders own 3.40% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in ATR. C M Bidwell & Associates Ltd. raised its position in shares of AptarGroup by 3,866.7% in the 3rd quarter. C M Bidwell & Associates Ltd. now owns 1,190 shares of the industrial products company’s stock valued at $128,000 after purchasing an additional 1,160 shares in the last quarter. First Hawaiian Bank acquired a new position in shares of AptarGroup in the 3rd quarter valued at approximately $144,000. Advisors Asset Management Inc. raised its position in shares of AptarGroup by 59.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,348 shares of the industrial products company’s stock valued at $145,000 after purchasing an additional 505 shares in the last quarter. Moneta Group Investment Advisors LLC raised its position in shares of AptarGroup by 99.8% in the 2nd quarter. Moneta Group Investment Advisors LLC now owns 1,698 shares of the industrial products company’s stock valued at $159,000 after purchasing an additional 848 shares in the last quarter. Finally, CIBC Asset Management Inc acquired a new position in shares of AptarGroup in the 3rd quarter valued at approximately $211,000. 90.31% of the stock is currently owned by hedge funds and other institutional investors.

NYSE ATR opened at $94.58 on Friday. The stock has a market capitalization of $5.87 billion, a PE ratio of 27.49, a PEG ratio of 2.53 and a beta of 0.83. AptarGroup has a 1-year low of $79.97 and a 1-year high of $112.31. The company has a current ratio of 1.87, a quick ratio of 1.34 and a debt-to-equity ratio of 0.81.

AptarGroup (NYSE:ATR) last released its quarterly earnings data on Thursday, November 1st. The industrial products company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.06. The business had revenue of $665.78 million for the quarter, compared to analyst estimates of $673.54 million. AptarGroup had a return on equity of 18.42% and a net margin of 7.52%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 EPS. Sell-side analysts expect that AptarGroup will post 3.92 EPS for the current fiscal year.

AptarGroup Company Profile

AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates in three segments: Beauty + Home, Pharma, and Food + Beverage.

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Analyst Recommendations for AptarGroup (NYSE:ATR)

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