Nuance Investments LLC Raises Holdings in AptarGroup, Inc. (NYSE:ATR)

Nuance Investments LLC grew its position in AptarGroup, Inc. (NYSE:ATR) by 0.7% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 308,805 shares of the industrial products company’s stock after purchasing an additional 2,291 shares during the quarter. AptarGroup makes up 1.3% of Nuance Investments LLC’s portfolio, making the stock its 20th biggest position. Nuance Investments LLC’s holdings in AptarGroup were worth $43,483,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ATR. Charles Schwab Investment Management Inc. lifted its holdings in shares of AptarGroup by 2.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 405,584 shares of the industrial products company’s stock worth $50,138,000 after buying an additional 8,500 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of AptarGroup by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 666,510 shares of the industrial products company’s stock worth $82,398,000 after purchasing an additional 8,534 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in shares of AptarGroup by 7.0% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 5,017 shares of the industrial products company’s stock worth $620,000 after purchasing an additional 329 shares during the last quarter. Trillium Asset Management LLC lifted its stake in shares of AptarGroup by 11.4% during the 4th quarter. Trillium Asset Management LLC now owns 42,832 shares of the industrial products company’s stock worth $5,295,000 after purchasing an additional 4,376 shares during the last quarter. Finally, ING Groep NV purchased a new stake in shares of AptarGroup during the 4th quarter worth $5,687,000. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wells Fargo & Company upped their price objective on AptarGroup from $163.00 to $168.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 17th.

Insider Buying and Selling at AptarGroup

In other AptarGroup news, insider Xiangwei Gong sold 800 shares of the stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $146.56, for a total value of $117,248.00. Following the completion of the sale, the insider now directly owns 20,174 shares in the company, valued at $2,956,701.44. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, insider Xiangwei Gong sold 800 shares of the stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $146.56, for a total value of $117,248.00. Following the transaction, the insider now directly owns 20,174 shares of the company’s stock, valued at $2,956,701.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gael Touya sold 3,300 shares of the stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $151.62, for a total value of $500,346.00. Following the completion of the transaction, the insider now directly owns 32,165 shares in the company, valued at $4,876,857.30. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 48,082 shares of company stock worth $7,104,287. 1.00% of the stock is owned by insiders.

AptarGroup Trading Up 0.7 %

Shares of NYSE ATR opened at $151.93 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.36 and a quick ratio of 0.95. The stock has a market capitalization of $10.07 billion, a P/E ratio of 32.60, a price-to-earnings-growth ratio of 3.14 and a beta of 0.57. AptarGroup, Inc. has a 1-year low of $120.36 and a 1-year high of $153.44. The business has a fifty day moving average price of $146.86 and a 200 day moving average price of $144.84.

AptarGroup (NYSE:ATR) last released its quarterly earnings results on Thursday, July 25th. The industrial products company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.01. AptarGroup had a return on equity of 15.13% and a net margin of 9.00%. The company had revenue of $910.10 million during the quarter, compared to analysts’ expectations of $930.15 million. During the same period last year, the business posted $1.23 earnings per share. The firm’s revenue was up 1.6% compared to the same quarter last year. Equities research analysts expect that AptarGroup, Inc. will post 5.36 EPS for the current fiscal year.

AptarGroup Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, July 25th were paid a $0.45 dividend. The ex-dividend date was Thursday, July 25th. This is a boost from AptarGroup’s previous quarterly dividend of $0.41. This represents a $1.80 dividend on an annualized basis and a yield of 1.18%. AptarGroup’s dividend payout ratio (DPR) is 38.63%.

AptarGroup Company Profile

AptarGroup, Inc designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments.