Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 0.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,111 shares of the industrial products company’s stock after purchasing an additional 6 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in AptarGroup were worth $791,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Great Lakes Advisors LLC boosted its stake in AptarGroup by 0.4% during the 2nd quarter. Great Lakes Advisors LLC now owns 5,683 shares of the industrial products company’s stock valued at $494,000 after purchasing an additional 20 shares during the last quarter. Toronto Dominion Bank boosted its stake in AptarGroup by 1.7% during the 1st quarter. Toronto Dominion Bank now owns 1,771 shares of the industrial products company’s stock valued at $137,000 after purchasing an additional 30 shares during the last quarter. Advisor Partners LLC boosted its stake in AptarGroup by 0.8% during the 2nd quarter. Advisor Partners LLC now owns 6,875 shares of the industrial products company’s stock valued at $597,000 after purchasing an additional 53 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in AptarGroup by 1.2% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,993 shares of the industrial products company’s stock valued at $434,000 after purchasing an additional 59 shares during the last quarter. Finally, Lowe Brockenbrough & Co. Inc. boosted its stake in AptarGroup by 0.6% during the 2nd quarter. Lowe Brockenbrough & Co. Inc. now owns 18,121 shares of the industrial products company’s stock valued at $1,574,000 after purchasing an additional 105 shares during the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

Several analysts have commented on the company. BidaskClub downgraded AptarGroup from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Jefferies Group LLC reiterated a “hold” rating and set a $78.00 target price (down from $81.00) on shares of AptarGroup in a research note on Monday, July 31st. Vertical Research upgraded AptarGroup from a “sell” rating to a “hold” rating and increased their target price for the company from $70.00 to $77.00 in a research note on Monday, July 31st. Zacks Investment Research upgraded AptarGroup from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Finally, BMO Capital Markets reiterated a “hold” rating and set a $92.00 target price on shares of AptarGroup in a research note on Thursday, July 20th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $81.40.

In other AptarGroup news, Director Monnas Giovanna Kampouri sold 2,000 shares of the company’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $82.13, for a total value of $164,260.00. Following the sale, the director now directly owns 6,469 shares of the company’s stock, valued at $531,298.97. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Gael Touya sold 35,000 shares of the company’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $81.25, for a total transaction of $2,843,750.00. Following the completion of the sale, the insider now directly owns 33,092 shares in the company, valued at $2,688,725. The disclosure for this sale can be found here. 5.30% of the stock is currently owned by corporate insiders.

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AptarGroup, Inc. (ATR) opened at 84.86 on Friday. The stock has a 50 day moving average price of $82.91 and a 200-day moving average price of $82.20. AptarGroup, Inc. has a 1-year low of $70.32 and a 1-year high of $90.79. The stock has a market capitalization of $5.32 billion, a P/E ratio of 24.96 and a beta of 0.96.

AptarGroup (NYSE:ATR) last posted its quarterly earnings results on Thursday, July 27th. The industrial products company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.96 by $0.05. AptarGroup had a net margin of 9.36% and a return on equity of 16.91%. The company had revenue of $617.75 million for the quarter, compared to analyst estimates of $624.74 million. During the same period in the prior year, the company earned $0.91 earnings per share. The firm’s revenue was down .4% on a year-over-year basis. Equities research analysts expect that AptarGroup, Inc. will post $3.34 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 16th. Shareholders of record on Wednesday, July 26th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.51%. The ex-dividend date was Monday, July 24th. AptarGroup’s payout ratio is 37.54%.

AptarGroup Company Profile

AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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