AptarGroup, Inc. (ATR) Shares Bought by Retirement Systems of Alabama

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Retirement Systems of Alabama raised its stake in AptarGroup, Inc. (NYSE:ATR) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,723 shares of the industrial products company’s stock after buying an additional 1,075 shares during the period. Retirement Systems of Alabama owned 0.30% of AptarGroup worth $17,753,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Vanguard Group Inc boosted its position in AptarGroup by 1.1% in the third quarter. Vanguard Group Inc now owns 6,359,071 shares of the industrial products company’s stock valued at $685,126,000 after buying an additional 67,838 shares in the last quarter. Federated Investors Inc. PA raised its stake in shares of AptarGroup by 2,451.7% during the third quarter. Federated Investors Inc. PA now owns 610,990 shares of the industrial products company’s stock valued at $65,828,000 after acquiring an additional 587,046 shares during the last quarter. Reynders McVeigh Capital Management LLC raised its stake in shares of AptarGroup by 0.6% during the third quarter. Reynders McVeigh Capital Management LLC now owns 196,371 shares of the industrial products company’s stock valued at $21,157,000 after acquiring an additional 1,075 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of AptarGroup by 1.1% during the third quarter. Vanguard Group Inc. now owns 6,359,071 shares of the industrial products company’s stock valued at $685,126,000 after acquiring an additional 67,838 shares during the last quarter. Finally, Teachers Advisors LLC raised its stake in shares of AptarGroup by 0.9% during the third quarter. Teachers Advisors LLC now owns 83,962 shares of the industrial products company’s stock valued at $9,046,000 after acquiring an additional 727 shares during the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

In related news, Director Stephen J. Hagge sold 25,000 shares of AptarGroup stock in a transaction on Thursday, November 8th. The shares were sold at an average price of $104.92, for a total transaction of $2,623,000.00. Following the completion of the transaction, the director now owns 110,105 shares of the company’s stock, valued at $11,552,216.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Maritza Gomez Montiel sold 707 shares of AptarGroup stock in a transaction on Wednesday, January 9th. The stock was sold at an average price of $93.58, for a total transaction of $66,161.06. Following the transaction, the director now directly owns 4,033 shares of the company’s stock, valued at approximately $377,408.14. The disclosure for this sale can be found here. 3.40% of the stock is owned by company insiders.

ATR has been the subject of several analyst reports. Zacks Investment Research raised shares of AptarGroup from a “hold” rating to a “buy” rating and set a $121.00 price target for the company in a research note on Monday, October 1st. Vertical Research raised shares of AptarGroup from a “sell” rating to a “hold” rating in a research note on Monday. Eight research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $105.13.

ATR stock opened at $94.58 on Friday. AptarGroup, Inc. has a 52-week low of $79.97 and a 52-week high of $112.31. The firm has a market cap of $5.87 billion, a PE ratio of 24.09, a price-to-earnings-growth ratio of 2.53 and a beta of 0.83. The company has a quick ratio of 1.34, a current ratio of 1.87 and a debt-to-equity ratio of 0.81.

AptarGroup (NYSE:ATR) last announced its earnings results on Thursday, November 1st. The industrial products company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.06. AptarGroup had a net margin of 7.52% and a return on equity of 18.42%. The business had revenue of $665.78 million during the quarter, compared to the consensus estimate of $673.54 million. During the same quarter last year, the firm earned $0.83 earnings per share. AptarGroup’s quarterly revenue was up 6.6% on a year-over-year basis. On average, research analysts predict that AptarGroup, Inc. will post 3.92 EPS for the current year.

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AptarGroup Company 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.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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