Bright Rock Capital Management LLC held its position in shares of AptarGroup, Inc. (NYSE:ATR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,500 shares of the industrial products company’s stock at the end of the second quarter. Bright Rock Capital Management LLC’s holdings in AptarGroup were worth $651,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Speece Thorson Capital Group Inc. increased its position in shares of AptarGroup by 2.9% in the first quarter. Speece Thorson Capital Group Inc. now owns 149,104 shares of the industrial products company’s stock worth $11,480,000 after buying an additional 4,165 shares during the last quarter. BTIM Corp. increased its position in shares of AptarGroup by 13.5% in the first quarter. BTIM Corp. now owns 961,797 shares of the industrial products company’s stock worth $74,049,000 after buying an additional 114,371 shares during the last quarter. Diversified Trust Co purchased a new position in shares of AptarGroup during the first quarter worth $257,000. Retirement Systems of Alabama increased its position in shares of AptarGroup by 32.6% in the first quarter. Retirement Systems of Alabama now owns 187,755 shares of the industrial products company’s stock worth $14,455,000 after buying an additional 46,111 shares during the last quarter. Finally, Hermes Investment Management Ltd. increased its position in shares of AptarGroup by 1.4% in the first quarter. Hermes Investment Management Ltd. now owns 562,033 shares of the industrial products company’s stock worth $43,271,000 after buying an additional 7,973 shares during the last quarter. Institutional investors and hedge funds own 90.02% of the company’s stock.

AptarGroup, Inc. (NYSE:ATR) opened at 81.51 on Friday. AptarGroup, Inc. has a 12-month low of $70.32 and a 12-month high of $90.79. The firm has a market capitalization of $5.11 billion, a P/E ratio of 23.97 and a beta of 0.96. The firm has a 50 day moving average of $86.45 and a 200 day moving average of $80.60.

AptarGroup (NYSE:ATR) last released its earnings results on Thursday, July 27th. The industrial products company reported $1.01 EPS for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.05. The company had revenue of $617.75 million for the quarter, compared to analysts’ expectations of $624.74 million. AptarGroup had a return on equity of 16.91% and a net margin of 9.36%. The business’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.91 EPS. On average, analysts forecast that AptarGroup, Inc. will post $3.34 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 16th. Stockholders of record on Wednesday, July 26th will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Monday, July 24th. AptarGroup’s payout ratio is 37.54%.

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A number of brokerages recently weighed in on ATR. BMO Capital Markets restated a “hold” rating and set a $92.00 target price on shares of AptarGroup in a report on Thursday, July 20th. Deutsche Bank AG restated a “buy” rating and set a $90.00 target price (up from $87.00) on shares of AptarGroup in a report on Tuesday, July 18th. BidaskClub downgraded shares of AptarGroup from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. KeyCorp restated a “hold” rating on shares of AptarGroup in a report on Friday, June 23rd. Finally, Jefferies Group LLC restated a “hold” rating and set a $77.00 target price on shares of AptarGroup in a report on Thursday, June 8th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. AptarGroup currently has a consensus rating of “Hold” and a consensus price target of $81.83.

In other news, Director King W. Harris sold 14,000 shares of AptarGroup stock in a transaction on Wednesday, June 7th. The stock was sold at an average price of $85.43, for a total transaction of $1,196,020.00. Following the sale, the director now directly owns 189,974 shares in the company, valued at approximately $16,229,478.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Gael Touya sold 35,000 shares of AptarGroup stock in a transaction on Monday, July 31st. The stock was sold at an average price of $81.25, for a total value of $2,843,750.00. Following the sale, the insider now owns 33,092 shares in the company, valued at $2,688,725. The disclosure for this sale can be found here. Insiders have sold a total of 143,226 shares of company stock worth $11,874,458 over the last quarter. Company insiders own 5.30% of the company’s stock.

AptarGroup Company 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.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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