AptarGroup Inc. Plans Quarterly Dividend of $0.25 (ATR)
AptarGroup (NYSE:ATR) announced a quarterly dividend on Thursday, October 24th, StockRatingsNetwork.com reports. Stockholders of record on Wednesday, November 6th will be paid a dividend of $0.25 per share on Wednesday, November 27th. This represents a $1.00 annualized dividend and a dividend yield of 1.58%.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. downgraded shares of AptarGroup from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday, October 2nd. They now have a $65.00 price target on the stock, down previously from $66.00. Analysts at Robert W. Baird raised their price target on shares of AptarGroup from $62.00 to $65.00 in a research note to investors on Friday, July 26th. They now have an “outperform” rating on the stock. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. AptarGroup currently has a consensus rating of “Hold” and an average target price of $47.75.
Shares of AptarGroup (NYSE:ATR) traded up 0.68% on Thursday, hitting $63.78. The stock had a trading volume of 109,571 shares. AptarGroup has a 1-year low of $45.19 and a 1-year high of $60.74. The stock’s 50-day moving average is $59.29 and its 200-day moving average is $57.10. The company has a market cap of $4.228 billion and a P/E ratio of 25.86.
AptarGroup, Inc, is a global solution provider of a range of packaging delivery solutions primarily for the beauty, personal care, home care, pharmaceutical, food and beverage markets.
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