Oppenheimer & Co. Inc. Has $397,000 Holdings in AptarGroup, Inc. (ATR)

Oppenheimer & Co. Inc. raised its position in AptarGroup, Inc. (NYSE:ATR) by 16.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,420 shares of the industrial products company’s stock after buying an additional 617 shares during the period. Oppenheimer & Co. Inc.’s holdings in AptarGroup were worth $397,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Bank of Montreal Can increased its stake in shares of AptarGroup by 15.7% during the 4th quarter. Bank of Montreal Can now owns 13,430 shares of the industrial products company’s stock worth $1,160,000 after purchasing an additional 1,826 shares during the last quarter. Koshinski Asset Management Inc. purchased a new stake in shares of AptarGroup during the 4th quarter worth approximately $936,000. Schwab Charles Investment Management Inc. increased its stake in shares of AptarGroup by 3.4% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 418,590 shares of the industrial products company’s stock worth $36,116,000 after purchasing an additional 13,751 shares during the last quarter. McCollum Christoferson Group LLC purchased a new stake in shares of AptarGroup during the 4th quarter worth approximately $5,781,000. Finally, State of Alaska Department of Revenue purchased a new stake in shares of AptarGroup during the 4th quarter worth approximately $344,000. Hedge funds and other institutional investors own 91.19% of the company’s stock.

In related news, Director Stephen J. Hagge sold 5,612 shares of AptarGroup stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $88.65, for a total value of $497,503.80. Following the completion of the transaction, the director now directly owns 84,001 shares in the company, valued at approximately $7,446,688.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ursula Saint-Leger sold 66,493 shares of AptarGroup stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $90.53, for a total transaction of $6,019,611.29. Following the completion of the transaction, the insider now owns 42,690 shares of the company’s stock, valued at $3,864,725.70. The disclosure for this sale can be found here. Insiders sold a total of 241,090 shares of company stock valued at $21,968,325 over the last quarter. 3.40% of the stock is owned by company insiders.

Several brokerages have recently issued reports on ATR. KeyCorp restated a “hold” rating on shares of AptarGroup in a research note on Friday, April 27th. Zacks Investment Research upgraded shares of AptarGroup from a “hold” rating to a “buy” rating and set a $98.00 price target for the company in a research note on Wednesday, January 31st. Robert W. Baird restated a “hold” rating and set a $92.00 price target on shares of AptarGroup in a research note on Wednesday, February 14th. ValuEngine upgraded shares of AptarGroup from a “hold” rating to a “buy” rating in a research note on Wednesday, April 11th. Finally, Wells Fargo restated a “market perform” rating and set a $90.00 price target (up previously from $83.00) on shares of AptarGroup in a research note on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. AptarGroup presently has a consensus rating of “Hold” and an average target price of $87.57.

AptarGroup stock opened at $92.10 on Wednesday. AptarGroup, Inc. has a 1-year low of $91.64 and a 1-year high of $93.09. The company has a market capitalization of $5.83 billion, a P/E ratio of 25.65, a price-to-earnings-growth ratio of 2.88 and a beta of 0.79. The company has a quick ratio of 2.55, a current ratio of 3.16 and a debt-to-equity ratio of 0.85.

AptarGroup (NYSE:ATR) last released its quarterly earnings data on Monday, February 12th. The industrial products company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.10. AptarGroup had a net margin of 8.85% and a return on equity of 17.53%. The business had revenue of $625.90 million during the quarter, compared to analyst estimates of $577.17 million. During the same period in the previous year, the business earned $0.69 EPS. AptarGroup’s revenue was up 16.1% compared to the same quarter last year. sell-side analysts forecast that AptarGroup, Inc. will post 3.81 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 30th. Investors of record on Wednesday, May 9th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, May 8th. This represents a $1.28 dividend on an annualized basis and a yield of 1.39%. AptarGroup’s dividend payout ratio is 37.21%.

AptarGroup Profile

AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates in three segments: Beauty + Home, Pharma, and Food + Beverage.

Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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