Stephens Inc. AR trimmed its stake in AptarGroup, Inc. (NYSE:ATR) by 16.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,925 shares of the industrial products company’s stock after selling 580 shares during the period. Stephens Inc. AR’s holdings in AptarGroup were worth $254,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of AptarGroup by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 5,868,657 shares of the industrial products company’s stock valued at $451,828,000 after buying an additional 355,044 shares during the last quarter. BlackRock Inc. grew its position in shares of AptarGroup by 5,710.7% in the 1st quarter. BlackRock Inc. now owns 5,086,882 shares of the industrial products company’s stock valued at $391,639,000 after buying an additional 4,999,339 shares during the last quarter. State Street Corp grew its position in shares of AptarGroup by 12.5% in the 1st quarter. State Street Corp now owns 3,400,146 shares of the industrial products company’s stock valued at $261,776,000 after buying an additional 377,227 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of AptarGroup by 0.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,707,778 shares of the industrial products company’s stock valued at $235,197,000 after buying an additional 23,666 shares during the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of AptarGroup by 6.3% in the 2nd quarter. Victory Capital Management Inc. now owns 2,107,802 shares of the industrial products company’s stock valued at $183,083,000 after buying an additional 125,222 shares during the last quarter. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

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

A number of research analysts recently commented on ATR shares. Zacks Investment Research raised shares of AptarGroup from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. BMO Capital Markets reaffirmed a “hold” rating and issued a $79.00 target price on shares of AptarGroup in a research report on Sunday, July 2nd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $78.00 target price on shares of AptarGroup in a research report on Thursday, August 31st. BidaskClub downgraded shares of AptarGroup from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Finally, KeyCorp reaffirmed a “hold” rating on shares of AptarGroup in a research report on Friday, June 23rd. Three analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. AptarGroup presently has a consensus rating of “Hold” and a consensus target price of $81.40.

Shares of AptarGroup, Inc. (NYSE ATR) opened at 85.72 on Friday. The firm has a market cap of $5.38 billion, a PE ratio of 25.21 and a beta of 0.96. AptarGroup, Inc. has a 52 week low of $70.32 and a 52 week high of $90.79. The company’s 50-day moving average is $83.04 and its 200-day moving average is $82.51.

AptarGroup (NYSE:ATR) last issued its quarterly earnings results on Thursday, July 27th. The industrial products company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.05. The business had revenue of $617.75 million during the quarter, compared to analyst estimates of $624.74 million. AptarGroup had a net margin of 9.36% and a return on equity of 16.91%. The business’s revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 earnings per share. Analysts forecast that AptarGroup, Inc. will post $3.34 EPS for the current fiscal year.

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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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