AptarGroup, Inc. (NYSE:ATR) Insider Hedi Tlili Sells 1,375 Shares

AptarGroup, Inc. (NYSE:ATR) insider Hedi Tlili sold 1,375 shares of the firm’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $152.54, for a total value of $209,742.50. Following the transaction, the insider now owns 9,379 shares in the company, valued at approximately $1,430,672.66. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

AptarGroup Price Performance

Shares of ATR traded up $0.15 during midday trading on Monday, hitting $152.43. The company’s stock had a trading volume of 28,234 shares, compared to its average volume of 289,511. AptarGroup, Inc. has a one year low of $120.36 and a one year high of $153.44. The company’s fifty day simple moving average is $147.09 and its two-hundred day simple moving average is $144.98. The company has a quick ratio of 0.95, a current ratio of 1.36 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $10.10 billion, a price-to-earnings ratio of 32.68, a price-to-earnings-growth ratio of 3.11 and a beta of 0.57.

AptarGroup (NYSE:ATR) last issued its quarterly earnings results on Thursday, July 25th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.01. AptarGroup had a return on equity of 15.13% and a net margin of 9.00%. The company had revenue of $910.10 million for the quarter, compared to analyst estimates of $930.15 million. During the same quarter last year, the company posted $1.23 EPS. The company’s revenue for the quarter was up 1.6% compared to the same quarter last year. As a group, equities analysts expect that AptarGroup, Inc. will post 5.36 earnings per share for the current fiscal year.

AptarGroup Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Investors of record on Thursday, July 25th were issued a dividend of $0.45 per share. This is an increase from AptarGroup’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Thursday, July 25th. This represents a $1.80 annualized dividend and a dividend yield of 1.18%. AptarGroup’s dividend payout ratio (DPR) is 38.63%.

Institutional Investors Weigh In On AptarGroup

Hedge funds have recently modified their holdings of the company. Rise Advisors LLC acquired a new stake in shares of AptarGroup during the 1st quarter valued at $25,000. Blue Trust Inc. boosted its holdings in shares of AptarGroup by 281.0% during the 2nd quarter. Blue Trust Inc. now owns 240 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 177 shares in the last quarter. Gradient Investments LLC acquired a new stake in shares of AptarGroup during the 2nd quarter valued at $40,000. Versant Capital Management Inc boosted its holdings in shares of AptarGroup by 4,983.3% during the 2nd quarter. Versant Capital Management Inc now owns 305 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 299 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in shares of AptarGroup during the 1st quarter valued at $52,000. Institutional investors and hedge funds own 88.52% of the company’s stock.

Analyst Ratings Changes

Separately, Wells Fargo & Company raised their price objective on AptarGroup from $163.00 to $168.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 17th.

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.