Equities research analysts expect that AptarGroup, Inc. (NYSE:ATR) will post earnings per share of $0.71 for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for AptarGroup’s earnings, with the lowest EPS estimate coming in at $0.68 and the highest estimate coming in at $0.72. AptarGroup reported earnings of $0.69 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 2.9%. The firm is scheduled to announce its next quarterly earnings results after the market closes on Monday, February 12th.

On average, analysts expect that AptarGroup will report full year earnings of $3.35 per share for the current financial year, with EPS estimates ranging from $3.32 to $3.37. For the next year, analysts anticipate that the firm will report earnings of $3.57 per share, with EPS estimates ranging from $3.25 to $3.70. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow AptarGroup.

AptarGroup (NYSE:ATR) last announced its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.03. AptarGroup had a net margin of 9.24% and a return on equity of 16.82%. The firm had revenue of $624.33 million during the quarter, compared to analysts’ expectations of $599.31 million. During the same period in the previous year, the company earned $0.82 earnings per share. AptarGroup’s quarterly revenue was up 5.9% compared to the same quarter last year.

A number of equities research analysts recently weighed in on ATR shares. KeyCorp reissued a “hold” rating on shares of AptarGroup in a research report on Friday, October 27th. Zacks Investment Research cut shares of AptarGroup from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Finally, Robert W. Baird reissued a “hold” rating and issued a $85.00 price target on shares of AptarGroup in a research report on Thursday, October 12th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $84.57.

In other news, Director Maritza Gomez Montiel sold 3,780 shares of the company’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $85.84, for a total value of $324,475.20. Following the completion of the sale, the director now directly owns 3,336 shares of the company’s stock, valued at $286,362.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Salim Haffar sold 18,130 shares of the company’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $86.49, for a total transaction of $1,568,063.70. Following the completion of the sale, the insider now directly owns 39,556 shares of the company’s stock, valued at $3,421,198.44. The disclosure for this sale can be found here. Over the last three months, insiders sold 77,910 shares of company stock valued at $6,745,469. 5.30% of the stock is owned by corporate insiders.

Large investors have recently made changes to their positions in the company. Zions Bancorporation purchased a new stake in shares of AptarGroup in the third quarter valued at about $187,000. Susquehanna International Group LLP raised its holdings in shares of AptarGroup by 233.1% in the second quarter. Susquehanna International Group LLP now owns 2,528 shares of the industrial products company’s stock valued at $220,000 after buying an additional 4,428 shares during the last quarter. Vident Investment Advisory LLC purchased a new stake in shares of AptarGroup in the third quarter valued at about $221,000. Coldstream Capital Management Inc. raised its holdings in shares of AptarGroup by 1.1% in the second quarter. Coldstream Capital Management Inc. now owns 2,805 shares of the industrial products company’s stock valued at $244,000 after buying an additional 30 shares during the last quarter. Finally, First Citizens Bank & Trust Co. raised its holdings in shares of AptarGroup by 47.8% in the fourth quarter. First Citizens Bank & Trust Co. now owns 3,555 shares of the industrial products company’s stock valued at $307,000 after buying an additional 1,150 shares during the last quarter. 90.97% of the stock is owned by institutional investors and hedge funds.

Shares of AptarGroup (NYSE:ATR) opened at $88.61 on Friday. AptarGroup has a 1 year low of $71.44 and a 1 year high of $90.79. The firm has a market cap of $5,434.51, a price-to-earnings ratio of 25.91, a P/E/G ratio of 2.88 and a beta of 0.95. The company has a quick ratio of 2.29, a current ratio of 2.75 and a debt-to-equity ratio of 0.96.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.44%. AptarGroup’s dividend payout ratio (DPR) is presently 37.43%.

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About AptarGroup

AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.

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