265 Shares in AptarGroup, Inc. (NYSE:ATR) Bought by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC bought a new stake in shares of AptarGroup, Inc. (NYSE:ATR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 265 shares of the industrial products company’s stock, valued at approximately $42,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ATR. Empowered Funds LLC raised its stake in shares of AptarGroup by 5.2% in the 4th quarter. Empowered Funds LLC now owns 2,164 shares of the industrial products company’s stock valued at $340,000 after acquiring an additional 107 shares in the last quarter. EULAV Asset Management grew its holdings in AptarGroup by 25.5% during the fourth quarter. EULAV Asset Management now owns 288,125 shares of the industrial products company’s stock valued at $45,264,000 after purchasing an additional 58,599 shares during the last quarter. Longboard Asset Management LP bought a new position in shares of AptarGroup in the fourth quarter valued at approximately $225,000. Alliance Wealth Advisors LLC UT acquired a new stake in shares of AptarGroup in the fourth quarter worth $302,000. Finally, Hanson & Doremus Investment Management boosted its holdings in shares of AptarGroup by 0.6% during the 4th quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company’s stock worth $2,621,000 after buying an additional 99 shares during the period. Institutional investors and hedge funds own 88.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wells Fargo & Company dropped their target price on shares of AptarGroup from $180.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday. StockNews.com cut AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday. Raymond James reaffirmed an “outperform” rating and issued a $190.00 target price (down previously from $200.00) on shares of AptarGroup in a report on Monday. Robert W. Baird cut their price target on AptarGroup from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Monday. Finally, Bank of America downgraded shares of AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price objective on the stock. in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $181.60.

AptarGroup Trading Up 0.9 %

Shares of AptarGroup stock opened at $142.92 on Friday. AptarGroup, Inc. has a 52-week low of $134.57 and a 52-week high of $178.03. The firm has a market capitalization of $9.51 billion, a PE ratio of 25.80, a price-to-earnings-growth ratio of 2.57 and a beta of 0.59. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.62 and a quick ratio of 1.15. The company’s fifty day moving average price is $158.06 and its two-hundred day moving average price is $158.91.

AptarGroup (NYSE:ATR) last posted its earnings results on Thursday, February 6th. The industrial products company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.28 by $0.24. AptarGroup had a return on equity of 15.62% and a net margin of 10.45%. On average, analysts expect that AptarGroup, Inc. will post 5.95 EPS for the current year.

AptarGroup Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Wednesday, February 5th. AptarGroup’s payout ratio is 32.49%.

AptarGroup 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.