AptarGroup Inc. (NYSE:ATR) Director Peter Pfeiffer sold 30,000 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $75.24, for a total transaction of $2,257,200.00. Following the completion of the transaction, the director now directly owns 896,102 shares of the company’s stock, valued at approximately $67,422,714.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

AptarGroup Inc. (NYSE:ATR) traded up 0.74% during midday trading on Thursday, reaching $76.05. 194,226 shares of the company traded hands. The stock has a market capitalization of $4.77 billion, a P/E ratio of 24.68 and a beta of 0.94. The company has a 50 day moving average of $74.60 and a 200-day moving average of $76.91. AptarGroup Inc. has a 12-month low of $66.33 and a 12-month high of $81.50.

AptarGroup (NYSE:ATR) last released its quarterly earnings results on Thursday, October 27th. The company reported $0.82 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by $0.01. The business had revenue of $590 million for the quarter, compared to the consensus estimate of $608.32 million. AptarGroup had a net margin of 8.53% and a return on equity of 16.23%. AptarGroup’s revenue was up .6% on a year-over-year basis. During the same period in the previous year, the business posted $0.83 EPS. Equities analysts anticipate that AptarGroup Inc. will post $3.11 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for AptarGroup (NYSE:ATR)

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 23rd. Stockholders of record on Wednesday, November 2nd were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, October 31st. This represents a $1.28 annualized dividend and a dividend yield of 1.68%. This is an increase from AptarGroup’s previous quarterly dividend of $0.30. AptarGroup’s dividend payout ratio (DPR) is presently 41.56%.

Several institutional investors have recently added to or reduced their stakes in ATR. Toronto Dominion Bank purchased a new stake in AptarGroup during the third quarter valued at $117,000. Investment Counselors of Maryland LLC boosted its stake in AptarGroup by 6.6% in the third quarter. Investment Counselors of Maryland LLC now owns 1,952 shares of the company’s stock valued at $151,000 after buying an additional 120 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in AptarGroup by 14.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,979 shares of the company’s stock valued at $153,000 after buying an additional 252 shares during the period. Cornerstone Advisors Inc. purchased a new stake in AptarGroup during the third quarter valued at $155,000. Finally, Independent Portfolio Consultants Inc. boosted its stake in AptarGroup by 8.6% in the second quarter. Independent Portfolio Consultants Inc. now owns 2,020 shares of the company’s stock valued at $160,000 after buying an additional 160 shares during the period. 89.87% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have recently issued reports on ATR shares. Robert W. Baird boosted their price target on shares of AptarGroup from $80.00 to $84.00 and gave the company a “neutral” rating in a report on Friday, September 9th. BMO Capital Markets reissued a “hold” rating on shares of AptarGroup in a report on Friday, September 9th. Jefferies Group started coverage on shares of AptarGroup in a report on Thursday, October 13th. They issued a “hold” rating and a $83.00 price target for the company. Vertical Research raised shares of AptarGroup from a “sell” rating to a “hold” rating in a report on Monday, October 31st. Finally, Vertical Group raised shares of AptarGroup from a “sell” rating to a “hold” rating in a report on Monday, October 31st. One analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. AptarGroup has an average rating of “Hold” and an average target price of $83.50.

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AptarGroup Company Profile

AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located in North America, Europe, Asia and South America.

5 Day Chart for NYSE:ATR

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