Oak Thistle LLC Has $506,000 Stock Holdings in AptarGroup, Inc. (NYSE:ATR)

Oak Thistle LLC reduced its stake in shares of AptarGroup, Inc. (NYSE:ATR) by 72.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 3,518 shares of the industrial products company’s stock after selling 9,088 shares during the period. Oak Thistle LLC’s holdings in AptarGroup were worth $506,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Rise Advisors LLC bought a new stake in shares of AptarGroup during the first quarter worth $25,000. Mather Group LLC. acquired a new stake in shares of AptarGroup in the 1st quarter valued at about $52,000. Riverview Trust Co bought a new stake in shares of AptarGroup in the first quarter valued at about $54,000. GAMMA Investing LLC acquired a new position in shares of AptarGroup during the fourth quarter worth about $61,000. Finally, Signaturefd LLC grew its holdings in shares of AptarGroup by 41.8% during the fourth quarter. Signaturefd LLC now owns 699 shares of the industrial products company’s stock worth $86,000 after buying an additional 206 shares in the last quarter. 88.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ATR has been the topic of several research reports. Wells Fargo & Company boosted their target price on AptarGroup from $160.00 to $163.00 and gave the company an “overweight” rating in a research note on Monday, April 29th. Robert W. Baird increased their target price on shares of AptarGroup from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday, April 29th. Finally, William Blair upgraded shares of AptarGroup from a “market perform” rating to an “outperform” rating in a research note on Monday, April 29th.

Insider Buying and Selling at AptarGroup

In related news, insider Hedi Tlili sold 4,634 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $145.09, for a total transaction of $672,347.06. Following the transaction, the insider now directly owns 9,379 shares of the company’s stock, valued at approximately $1,360,799.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Hedi Tlili sold 4,634 shares of AptarGroup stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $145.09, for a total transaction of $672,347.06. Following the completion of the sale, the insider now owns 9,379 shares of the company’s stock, valued at approximately $1,360,799.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Marc Prieur sold 3,200 shares of the stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $148.92, for a total transaction of $476,544.00. Following the completion of the transaction, the insider now directly owns 16,616 shares in the company, valued at $2,474,454.72. The disclosure for this sale can be found here. Insiders have sold 8,659 shares of company stock worth $1,269,976 over the last 90 days. Company insiders own 1.00% of the company’s stock.

AptarGroup Stock Down 1.6 %

Shares of NYSE ATR traded down $2.32 during trading hours on Monday, hitting $138.49. The company had a trading volume of 306,423 shares, compared to its average volume of 301,380. The stock has a market capitalization of $9.18 billion, a P/E ratio of 29.72, a price-to-earnings-growth ratio of 3.00 and a beta of 0.57. AptarGroup, Inc. has a 1-year low of $111.63 and a 1-year high of $151.73. The firm’s 50 day moving average is $146.13 and its 200-day moving average is $138.89. The company has a quick ratio of 0.89, a current ratio of 1.30 and a debt-to-equity ratio of 0.29.

AptarGroup (NYSE:ATR) last announced its quarterly earnings results on Thursday, April 25th. The industrial products company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.13. The firm had revenue of $915.45 million during the quarter, compared to analysts’ expectations of $897.40 million. AptarGroup had a net margin of 8.83% and a return on equity of 15.06%. On average, analysts expect that AptarGroup, Inc. will post 5.36 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 16th. Shareholders of record on Thursday, April 25th were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend was Wednesday, April 24th. AptarGroup’s dividend payout ratio (DPR) is presently 35.19%.

AptarGroup 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.