AptarGroup, Inc. (NYSE:ATR) Stock Position Lifted by Vanguard Group Inc.

Vanguard Group Inc. grew its position in shares of AptarGroup, Inc. (NYSE:ATR) by 0.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,650,158 shares of the industrial products company’s stock after buying an additional 12,538 shares during the period. Vanguard Group Inc. owned about 10.38% of AptarGroup worth $826,881,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Krane Funds Advisors LLC acquired a new stake in shares of AptarGroup during the 2nd quarter worth approximately $25,000. NumerixS Investment Technologies Inc acquired a new stake in shares of AptarGroup during the 2nd quarter worth approximately $37,000. Cullen Frost Bankers Inc. acquired a new stake in shares of AptarGroup during the 2nd quarter worth approximately $44,000. Hilton Capital Management LLC acquired a new stake in shares of AptarGroup during the 1st quarter worth approximately $132,000. Finally, NN Investment Partners Holdings N.V. acquired a new stake in shares of AptarGroup during the 2nd quarter worth approximately $179,000. 89.20% of the stock is currently owned by institutional investors.

ATR traded up $0.78 during trading hours on Tuesday, hitting $118.88. The company’s stock had a trading volume of 7,190 shares, compared to its average volume of 229,401. AptarGroup, Inc. has a fifty-two week low of $88.26 and a fifty-two week high of $126.19. The company has a current ratio of 2.11, a quick ratio of 1.52 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $7.56 billion, a PE ratio of 29.72, a PEG ratio of 2.73 and a beta of 0.74. The company has a 50-day simple moving average of $119.98 and a 200 day simple moving average of $115.79.



AptarGroup (NYSE:ATR) last posted its earnings results on Wednesday, July 31st. The industrial products company reported $1.15 EPS for the quarter, beating the consensus estimate of $1.13 by $0.02. AptarGroup had a return on equity of 18.51% and a net margin of 7.63%. The firm had revenue of $742.66 million for the quarter, compared to analysts’ expectations of $752.11 million. During the same period last year, the firm earned $1.09 EPS. The firm’s revenue was up 4.5% compared to the same quarter last year. Research analysts expect that AptarGroup, Inc. will post 4.19 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on ATR shares. KeyCorp reiterated a “hold” rating on shares of AptarGroup in a research report on Thursday, August 1st. ValuEngine cut AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, September 16th. Morgan Stanley started coverage on AptarGroup in a research report on Monday, July 8th. They set an “overweight” rating and a $144.00 price target on the stock. Zacks Investment Research cut AptarGroup from a “hold” rating to a “sell” rating and set a $126.00 price target on the stock. in a research report on Tuesday, September 10th. Finally, UBS Group increased their price target on AptarGroup from $115.00 to $122.00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $121.83.

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 through three segments: Beauty + Home, Pharma, and Food + Beverage.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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