AptarGroup, Inc. (NYSE:ATR) Shares Sold by Trillium Asset Management LLC

Trillium Asset Management LLC reduced its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 4.1% in the 4th quarter, HoldingsChannel reports. The fund owned 43,302 shares of the industrial products company’s stock after selling 1,868 shares during the quarter. Trillium Asset Management LLC’s holdings in AptarGroup were worth $6,803,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Howard Capital Management Group LLC lifted its holdings in shares of AptarGroup by 0.4% in the 3rd quarter. Howard Capital Management Group LLC now owns 131,875 shares of the industrial products company’s stock valued at $21,125,000 after purchasing an additional 558 shares during the last quarter. Atria Investments Inc lifted its holdings in shares of AptarGroup by 42.5% in the 3rd quarter. Atria Investments Inc now owns 4,299 shares of the industrial products company’s stock valued at $689,000 after purchasing an additional 1,283 shares during the last quarter. KBC Group NV lifted its holdings in shares of AptarGroup by 10.8% in the 3rd quarter. KBC Group NV now owns 1,660 shares of the industrial products company’s stock valued at $266,000 after purchasing an additional 162 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in shares of AptarGroup by 3.6% in the 3rd quarter. CIBC Asset Management Inc now owns 1,977 shares of the industrial products company’s stock valued at $317,000 after purchasing an additional 68 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of AptarGroup by 19.4% in the 3rd quarter. Empowered Funds LLC now owns 2,057 shares of the industrial products company’s stock valued at $330,000 after purchasing an additional 334 shares during the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

AptarGroup Stock Performance

NYSE ATR opened at $147.02 on Thursday. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average is $150.77 and its two-hundred day moving average is $158.87. AptarGroup, Inc. has a 12-month low of $135.96 and a 12-month high of $178.03. The stock has a market capitalization of $9.78 billion, a price-to-earnings ratio of 26.54, a PEG ratio of 3.89 and a beta of 0.56.

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

AptarGroup Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.22%. The ex-dividend date was 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.