AptarGroup, Inc. (NYSE:ATR) Insider Hedi Tlili Sells 4,634 Shares

AptarGroup, Inc. (NYSE:ATR) insider Hedi Tlili sold 4,634 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $145.09, for a total transaction of $672,347.06. Following the transaction, the insider now directly owns 9,379 shares of the company’s stock, valued at approximately $1,360,799.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

AptarGroup Trading Up 0.7 %

NYSE:ATR opened at $146.87 on Friday. The company’s 50 day moving average price is $141.55 and its 200-day moving average price is $132.76. AptarGroup, Inc. has a 52 week low of $111.63 and a 52 week high of $148.51. The company has a quick ratio of 0.89, a current ratio of 1.30 and a debt-to-equity ratio of 0.29. The stock has a market cap of $9.73 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 3.89 and a beta of 0.57.

AptarGroup (NYSE:ATR) last posted its quarterly earnings results on Friday, February 9th. The industrial products company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. AptarGroup had a net margin of 8.83% and a return on equity of 15.06%. The firm had revenue of $838.48 million for the quarter, compared to analysts’ expectations of $842.50 million. During the same quarter in the prior year, the company posted $0.92 earnings per share. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. On average, equities research analysts forecast that AptarGroup, Inc. will post 5.34 earnings per share for the current fiscal year.

AptarGroup Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Investors of record on Thursday, April 25th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.12%. The ex-dividend date is Wednesday, April 24th. AptarGroup’s dividend payout ratio is currently 35.19%.

Wall Street Analyst Weigh In

ATR has been the topic of a number of research analyst reports. William Blair upgraded AptarGroup from a “market perform” rating to an “outperform” rating in a research note on Monday, April 29th. Wells Fargo & Company increased their target price on shares of AptarGroup from $160.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, April 29th. Finally, Robert W. Baird lifted their price target on AptarGroup from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, April 29th.

Institutional Investors Weigh In On AptarGroup

Several institutional investors and hedge funds have recently added to or reduced their stakes in ATR. Rise Advisors LLC purchased a new stake in AptarGroup in the first quarter worth approximately $25,000. Global Retirement Partners LLC boosted its stake in shares of AptarGroup by 8,850.0% during the 1st quarter. Global Retirement Partners LLC now owns 179 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 177 shares during the last quarter. C M Bidwell & Associates Ltd. boosted its stake in shares of AptarGroup by 1,063.3% during the 3rd quarter. C M Bidwell & Associates Ltd. now owns 349 shares of the industrial products company’s stock worth $44,000 after acquiring an additional 319 shares during the last quarter. Adirondack Trust Co. purchased a new position in shares of AptarGroup during the 3rd quarter worth $50,000. Finally, Mather Group LLC. purchased a new position in shares of AptarGroup during the 1st quarter worth $52,000. Hedge funds and other institutional investors own 88.52% of the company’s stock.

AptarGroup Company Profile

AptarGroup, Inc designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments.