Shares of AptarGroup, Inc. (NYSE:ATR – Get Rating) have earned a consensus rating of “Hold” from the seven analysts that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $120.00.
ATR has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reduced their price target on AptarGroup from $145.00 to $125.00 in a research report on Tuesday, July 19th. Robert W. Baird reduced their price target on AptarGroup from $125.00 to $110.00 and set a “neutral” rating for the company in a research report on Monday, August 1st. TheStreet cut AptarGroup from a “b-” rating to a “c+” rating in a research report on Thursday, June 16th. Morgan Stanley reduced their price target on AptarGroup from $126.00 to $120.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Wells Fargo & Company reduced their price target on AptarGroup from $150.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, July 18th.
AptarGroup Stock Down 0.7 %
ATR stock opened at $105.65 on Wednesday. AptarGroup has a fifty-two week low of $94.03 and a fifty-two week high of $136.23. The business’s 50-day moving average is $103.43 and its two-hundred day moving average is $110.83. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.90. The company has a market cap of $6.90 billion, a price-to-earnings ratio of 30.80, a P/E/G ratio of 3.98 and a beta of 0.62.
AptarGroup Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 17th. Investors of record on Wednesday, July 27th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend is Tuesday, July 26th. AptarGroup’s dividend payout ratio is currently 44.31%.
Insider Buying and Selling
In other AptarGroup news, insider Gael Touya sold 59,072 shares of the firm’s stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $108.98, for a total transaction of $6,437,666.56. Following the completion of the transaction, the insider now owns 38,876 shares in the company, valued at approximately $4,236,706.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.20% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On AptarGroup
Institutional investors have recently added to or reduced their stakes in the company. UMB Bank N A MO purchased a new position in AptarGroup during the 4th quarter valued at approximately $28,000. Lumature Wealth Partners LLC grew its holdings in AptarGroup by 64.2% during the 4th quarter. Lumature Wealth Partners LLC now owns 261 shares of the industrial products company’s stock valued at $32,000 after buying an additional 102 shares in the last quarter. CWM LLC grew its holdings in AptarGroup by 58.2% during the 2nd quarter. CWM LLC now owns 348 shares of the industrial products company’s stock valued at $36,000 after buying an additional 128 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in AptarGroup during the 1st quarter valued at approximately $42,000. Finally, Quadrant Capital Group LLC grew its holdings in AptarGroup by 129.7% during the 1st quarter. Quadrant Capital Group LLC now owns 395 shares of the industrial products company’s stock valued at $47,000 after buying an additional 223 shares in the last quarter. Hedge funds and other institutional investors own 87.70% of the company’s stock.
AptarGroup, Inc provides a range of dispensing, sealing, and material science solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Pharma, Beauty + Home, and Food + Beverage.
- Get a free copy of the StockNews.com research report on AptarGroup (ATR)
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