Vanguard Group Inc. increased its stake in shares of AptarGroup Inc. (NYSE:ATR) by 3.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,134,609 shares of the company’s stock after buying an additional 147,860 shares during the period. Vanguard Group Inc. owned approximately 8.16% of AptarGroup worth $406,301,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in ATR. JPMorgan Chase & Co. increased its stake in shares of AptarGroup by 8.2% in the second quarter. JPMorgan Chase & Co. now owns 1,654,989 shares of the company’s stock valued at $130,960,000 after buying an additional 125,849 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of AptarGroup by 26.7% in the second quarter. Victory Capital Management Inc. now owns 1,269,754 shares of the company’s stock valued at $100,475,000 after buying an additional 267,618 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of AptarGroup by 7.8% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 591,490 shares of the company’s stock valued at $46,805,000 after buying an additional 42,622 shares in the last quarter. Norges Bank bought a new stake in shares of AptarGroup during the fourth quarter valued at $38,282,000. Finally, Renaissance Technologies LLC increased its stake in shares of AptarGroup by 91.3% in the first quarter. Renaissance Technologies LLC now owns 482,800 shares of the company’s stock valued at $37,856,000 after buying an additional 230,400 shares in the last quarter. Institutional investors own 88.33% of the company’s stock.
Shares of AptarGroup Inc. (NYSE:ATR) opened at 76.59 on Wednesday. AptarGroup Inc. has a 12-month low of $66.33 and a 12-month high of $81.50. The firm has a 50-day moving average price of $77.93 and a 200-day moving average price of $77.81. The firm has a market cap of $4.82 billion, a P/E ratio of 24.87 and a beta of 0.87.
AptarGroup (NYSE:ATR) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.91 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.01. AptarGroup had a return on equity of 16.67% and a net margin of 8.54%. The business earned $620 million during the quarter, compared to the consensus estimate of $621.52 million. During the same period in the previous year, the business earned $0.82 EPS. The business’s quarterly revenue was up 4.3% on a year-over-year basis. On average, equities research analysts expect that AptarGroup Inc. will post $3.18 earnings per share for the current fiscal year.
Several equities research analysts recently weighed in on the company. Robert W. Baird increased their price target on AptarGroup from $80.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, September 9th. BMO Capital Markets reaffirmed a “hold” rating on shares of AptarGroup in a report on Friday, September 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. AptarGroup has an average rating of “Hold” and a consensus price target of $76.00.
In other news, Director King W. Harris sold 13,100 shares of the business’s stock in a transaction that occurred on Wednesday, August 3rd. The stock was sold at an average price of $76.62, for a total value of $1,003,722.00. Following the completion of the sale, the director now directly owns 195,509 shares in the company, valued at approximately $14,979,899.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Salim Haffar sold 50,333 shares of the business’s stock in a transaction that occurred on Friday, September 2nd. The shares were sold at an average price of $78.74, for a total value of $3,963,220.42. Following the completion of the sale, the insider now owns 23,149 shares of the company’s stock, valued at $1,822,752.26. The disclosure for this sale can be found here. 5.50% of the stock is owned by insiders.
AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located in North America, Europe, Asia and South America.
Receive News & Ratings for AptarGroup Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AptarGroup Inc. and related companies with MarketBeat.com's FREE daily email newsletter.