Radnor Capital Management LLC Acquires Shares of 1,500 AptarGroup, Inc. (NYSE:ATR)

Radnor Capital Management LLC bought a new stake in AptarGroup, Inc. (NYSE:ATRFree Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,500 shares of the industrial products company’s stock, valued at approximately $216,000.

Other institutional investors have also modified their holdings of the company. State of Michigan Retirement System grew its stake in AptarGroup by 0.6% in the 4th quarter. State of Michigan Retirement System now owns 15,810 shares of the industrial products company’s stock valued at $1,954,000 after acquiring an additional 100 shares during the last quarter. Fulton Bank N.A. increased its stake in shares of AptarGroup by 4.9% during the 4th quarter. Fulton Bank N.A. now owns 2,230 shares of the industrial products company’s stock worth $276,000 after purchasing an additional 105 shares in the last quarter. Natixis Advisors L.P. increased its stake in shares of AptarGroup by 0.4% during the 4th quarter. Natixis Advisors L.P. now owns 24,574 shares of the industrial products company’s stock worth $3,037,000 after purchasing an additional 109 shares in the last quarter. Ballentine Partners LLC lifted its stake in AptarGroup by 4.1% in the 4th quarter. Ballentine Partners LLC now owns 2,846 shares of the industrial products company’s stock valued at $352,000 after buying an additional 111 shares in the last quarter. Finally, Los Angeles Capital Management LLC lifted its stake in AptarGroup by 4.0% in the 4th quarter. Los Angeles Capital Management LLC now owns 3,232 shares of the industrial products company’s stock valued at $400,000 after buying an additional 125 shares in the last quarter. Institutional investors and hedge funds own 88.52% of the company’s stock.

AptarGroup Trading Up 0.7 %

Shares of ATR traded up $1.04 during mid-day trading on Friday, hitting $146.85. The company had a trading volume of 444,074 shares, compared to its average volume of 207,490. AptarGroup, Inc. has a 1-year low of $111.63 and a 1-year high of $151.73. The business’s 50-day simple moving average is $145.65 and its 200-day simple moving average is $138.15. The stock has a market cap of $9.73 billion, a PE ratio of 31.51, a P/E/G ratio of 3.10 and a beta of 0.60. 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:ATRGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The industrial products company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.13. The company had revenue of $915.45 million for the quarter, compared to analyst estimates of $897.40 million. AptarGroup had a net margin of 8.83% and a return on equity of 15.06%. Sell-side analysts forecast that AptarGroup, Inc. will post 5.36 earnings per share for the current year.

AptarGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 16th. Stockholders of record on Thursday, April 25th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend was Wednesday, April 24th. AptarGroup’s dividend payout ratio is currently 35.19%.

Analyst Ratings Changes

Several brokerages have recently issued reports on ATR. Wells Fargo & Company upped their price objective on AptarGroup from $160.00 to $163.00 and gave the company an “overweight” rating in a research report on Monday, April 29th. William Blair raised shares of AptarGroup from a “market perform” rating to an “outperform” rating in a research report on Monday, April 29th. Finally, Robert W. Baird raised their target price on shares of AptarGroup from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, April 29th.

View Our Latest Stock Analysis on ATR

Insider Buying and Selling

In other news, EVP Kimberly Chainey sold 825 shares of the firm’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $146.77, for a total value of $121,085.25. Following the transaction, the executive vice president now owns 8,812 shares of the company’s stock, valued at approximately $1,293,337.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other AptarGroup news, insider Marc Prieur sold 3,200 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $148.92, for a total value of $476,544.00. Following the completion of the transaction, the insider now owns 16,616 shares in the company, valued at approximately $2,474,454.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kimberly Chainey sold 825 shares of the company’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $146.77, for a total transaction of $121,085.25. Following the completion of the transaction, the executive vice president now owns 8,812 shares of the company’s stock, valued at $1,293,337.24. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,659 shares of company stock valued at $1,269,976. 1.00% of the stock is currently owned by corporate insiders.

AptarGroup Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding ATR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AptarGroup, Inc. (NYSE:ATRFree Report).

Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

Receive News & Ratings for AptarGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AptarGroup and related companies with MarketBeat.com's FREE daily email newsletter.