AptarGroup, Inc. (NYSE:ATR) Shares Acquired by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC boosted its stake in AptarGroup, Inc. (NYSE:ATR) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 273,545 shares of the industrial products company’s stock after acquiring an additional 10,619 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in AptarGroup were worth $42,974,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Dynamic Technology Lab Private Ltd acquired a new stake in shares of AptarGroup in the 4th quarter valued at about $1,381,000. Dempze Nancy E increased its holdings in AptarGroup by 0.9% in the fourth quarter. Dempze Nancy E now owns 23,253 shares of the industrial products company’s stock valued at $3,653,000 after buying an additional 217 shares during the last quarter. Resona Asset Management Co. Ltd. bought a new stake in AptarGroup in the fourth quarter valued at about $551,000. Wells Fargo & Company MN raised its stake in AptarGroup by 9.8% during the fourth quarter. Wells Fargo & Company MN now owns 122,465 shares of the industrial products company’s stock valued at $19,239,000 after buying an additional 10,933 shares in the last quarter. Finally, Broderick Brian C lifted its holdings in AptarGroup by 2.4% during the 4th quarter. Broderick Brian C now owns 86,147 shares of the industrial products company’s stock worth $13,534,000 after buying an additional 1,980 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors.

AptarGroup Stock Performance

ATR stock opened at $140.09 on Friday. The stock’s fifty day moving average is $148.57 and its two-hundred day moving average is $158.45. The stock has a market capitalization of $9.32 billion, a price-to-earnings ratio of 25.29, a PEG ratio of 3.89 and a beta of 0.56. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38. AptarGroup, Inc. has a 1 year low of $135.96 and a 1 year high of $178.03.

AptarGroup (NYSE:ATR) last issued its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.24. AptarGroup had a net margin of 10.45% and a return on equity of 15.56%. On average, research analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were given a dividend of $0.45 per share. The ex-dividend date was Wednesday, February 5th. This represents a $1.80 annualized dividend and a dividend yield of 1.28%. AptarGroup’s dividend payout ratio is presently 32.49%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ATR. Bank of America downgraded AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price target for the company. in a report on Monday, January 6th. Wells Fargo & Company lowered their target price on shares of AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Robert W. Baird reduced their price target on shares of AptarGroup from $185.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, February 10th. StockNews.com lowered shares of AptarGroup from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Finally, Raymond James reiterated an “outperform” rating and set a $190.00 price objective (down previously from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $181.60.

About AptarGroup

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.