Steward Partners Investment Advisory LLC acquired a new stake in AptarGroup, Inc. (NYSE:ATR) during the third quarter, according to its most recent filing with the SEC. The firm acquired 4,779 shares of the industrial products company’s stock, valued at approximately $412,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ATR. Bank of Montreal Can boosted its position in AptarGroup by 8.8% in the 2nd quarter. Bank of Montreal Can now owns 10,147 shares of the industrial products company’s stock valued at $882,000 after buying an additional 819 shares during the last quarter. TD Asset Management Inc. boosted its position in AptarGroup by 30.5% in the 2nd quarter. TD Asset Management Inc. now owns 24,846 shares of the industrial products company’s stock valued at $2,158,000 after buying an additional 5,800 shares during the last quarter. Cigna Investments Inc. New bought a new position in AptarGroup in the 2nd quarter valued at $206,000. Schwab Charles Investment Management Inc. boosted its position in AptarGroup by 40.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 385,564 shares of the industrial products company’s stock valued at $33,491,000 after buying an additional 111,356 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its position in AptarGroup by 1.2% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,993 shares of the industrial products company’s stock valued at $434,000 after buying an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 90.85% of the company’s stock.

AptarGroup, Inc. (NYSE:ATR) opened at $86.57 on Tuesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.75 and a quick ratio of 2.29. The firm has a market capitalization of $5,418.32, a price-to-earnings ratio of 26.36, a PEG ratio of 3.06 and a beta of 0.95. AptarGroup, Inc. has a 12 month low of $71.44 and a 12 month high of $90.79.

AptarGroup (NYSE:ATR) last posted its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.83 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.03. The company had revenue of $624.33 million for the quarter, compared to the consensus estimate of $599.31 million. AptarGroup had a return on equity of 16.82% and a net margin of 9.24%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.82 EPS. sell-side analysts forecast that AptarGroup, Inc. will post 3.35 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 22nd. Stockholders of record on Wednesday, November 1st were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date was Tuesday, October 31st. AptarGroup’s dividend payout ratio (DPR) is currently 37.43%.

A number of research analysts have commented on the company. Zacks Investment Research lowered AptarGroup from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Robert W. Baird reiterated a “hold” rating and issued a $85.00 price objective on shares of AptarGroup in a research report on Thursday, October 12th. KeyCorp reiterated a “hold” rating on shares of AptarGroup in a research report on Friday, October 27th. Jefferies Group reiterated a “hold” rating and issued a $78.00 price objective on shares of AptarGroup in a research report on Thursday, August 31st. Finally, BidaskClub lowered AptarGroup from a “hold” rating to a “sell” rating in a research report on Thursday, August 24th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $84.57.

In other news, CFO Robert Kuhn sold 5,000 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $87.43, for a total value of $437,150.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ralf K. Wunderlich sold 26,000 shares of the stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $87.03, for a total value of $2,262,780.00. The disclosure for this sale can be found here. In the last three months, insiders sold 77,910 shares of company stock worth $6,745,469. 5.30% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION WARNING: “Steward Partners Investment Advisory LLC Acquires Shares of 4,779 AptarGroup, Inc. (ATR)” was originally published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of international copyright legislation. The original version of this piece can be accessed at https://www.watchlistnews.com/steward-partners-investment-advisory-llc-acquires-shares-of-4779-aptargroup-inc-atr/1772865.html.

About AptarGroup

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.

Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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.