AptarGroup, Inc. (NYSE:ATR) Shares Purchased by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC raised its holdings in AptarGroup, Inc. (NYSE:ATR) by 4.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 273,545 shares of the industrial products company’s stock after buying an additional 10,619 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.41% of AptarGroup worth $42,974,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ATR. Wealth Enhancement Advisory Services LLC grew its holdings in AptarGroup by 58.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,157 shares of the industrial products company’s stock valued at $2,268,000 after purchasing an additional 5,248 shares during the period. Geode Capital Management LLC boosted its holdings in shares of AptarGroup by 5.8% in the 3rd quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company’s stock valued at $245,444,000 after purchasing an additional 83,452 shares during the last quarter. Inspire Investing LLC grew its stake in shares of AptarGroup by 282.9% during the 4th quarter. Inspire Investing LLC now owns 6,800 shares of the industrial products company’s stock valued at $1,068,000 after buying an additional 5,024 shares during the period. GAMMA Investing LLC increased its holdings in shares of AptarGroup by 67.6% during the 4th quarter. GAMMA Investing LLC now owns 1,002 shares of the industrial products company’s stock worth $157,000 after buying an additional 404 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of AptarGroup by 1.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,418 shares of the industrial products company’s stock worth $1,480,000 after buying an additional 127 shares during the period. Institutional investors and hedge funds own 88.52% of the company’s stock.

AptarGroup Stock Down 5.8 %

NYSE ATR opened at $140.09 on Friday. The company has a quick ratio of 0.95, a current ratio of 1.38 and a debt-to-equity ratio of 0.28. AptarGroup, Inc. has a fifty-two week low of $135.96 and a fifty-two week high of $178.03. The business has a 50 day moving average price of $148.57 and a two-hundred day moving average price of $158.45. The stock has a market cap of $9.32 billion, a PE ratio of 25.29, a P/E/G ratio of 3.89 and a beta of 0.56.

AptarGroup (NYSE:ATR) last announced its earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.24. AptarGroup had a net margin of 10.45% and a return on equity of 15.56%. As a group, sell-side analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup’s payout ratio is 32.49%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Wells Fargo & Company lowered their price target on AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Raymond James reiterated an “outperform” rating and set a $190.00 target price (down previously from $200.00) on shares of AptarGroup in a report on Monday, February 10th. StockNews.com lowered shares of AptarGroup from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Robert W. Baird decreased their price objective on shares of AptarGroup from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. Finally, Bank of America lowered shares of AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price objective for the company. in a research report on Monday, January 6th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, AptarGroup currently has a consensus rating of “Moderate Buy” and a consensus target price of $181.60.

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.