Rockefeller Capital Management L.P. cut its holdings in AptarGroup, Inc. (NYSE:ATR – Free Report) by 7.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,703 shares of the industrial products company’s stock after selling 9,490 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.20% of AptarGroup worth $15,453,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of AptarGroup by 0.5% in the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 19,496 shares of the industrial products company’s stock worth $2,606,000 after buying an additional 89 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of AptarGroup by 20.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 543 shares of the industrial products company’s stock valued at $66,000 after acquiring an additional 91 shares during the last quarter. Fulton Bank N.A. raised its stake in shares of AptarGroup by 4.1% in the 4th quarter. Fulton Bank N.A. now owns 2,374 shares of the industrial products company’s stock valued at $290,000 after acquiring an additional 94 shares in the last quarter. Fulcrum Asset Management LLP raised its stake in shares of AptarGroup by 1.7% in the 3rd quarter. Fulcrum Asset Management LLP now owns 5,962 shares of the industrial products company’s stock valued at $797,000 after acquiring an additional 100 shares in the last quarter. Finally, Salomon & Ludwin LLC lifted its holdings in AptarGroup by 38.5% in the 4th quarter. Salomon & Ludwin LLC now owns 360 shares of the industrial products company’s stock worth $44,000 after purchasing an additional 100 shares during the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.
AptarGroup Trading Up 0.8%
AptarGroup stock opened at $120.99 on Wednesday. AptarGroup, Inc. has a 52 week low of $103.23 and a 52 week high of $164.28. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.14 and a current ratio of 1.66. The firm has a market capitalization of $7.72 billion, a PE ratio of 20.72, a PEG ratio of 2.84 and a beta of 0.40. The business’s 50-day simple moving average is $119.95 and its 200-day simple moving average is $125.29.
AptarGroup Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 6th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, May 6th. AptarGroup’s dividend payout ratio is currently 32.88%.
Insider Buying and Selling at AptarGroup
In related news, insider Shiela Vinczeller sold 3,555 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $112.61, for a total transaction of $400,328.55. Following the completion of the transaction, the insider directly owned 27,078 shares in the company, valued at $3,049,253.58. This represents a 11.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Irene Elizabeth Hudson sold 1,264 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $123.43, for a total transaction of $156,015.52. Following the completion of the sale, the executive vice president directly owned 1,480 shares of the company’s stock, valued at approximately $182,676.40. This trade represents a 46.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.73% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the company. Zacks Research raised AptarGroup from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Wells Fargo & Company boosted their price objective on shares of AptarGroup from $144.00 to $145.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of AptarGroup in a report on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, AptarGroup presently has a consensus rating of “Moderate Buy” and a consensus target price of $173.25.
Check Out Our Latest Stock Report on ATR
AptarGroup Profile
AptarGroup, Inc is a global provider of advanced dispensing, sealing and protection solutions for consumer and pharmaceutical markets. The company designs and manufactures a broad portfolio of products that enable the controlled delivery of liquids, gels, powders and aerosols. Its customer base spans beauty and personal care, home care, food and beverage, and pharmaceutical sectors, where innovation in packaging and drug‐delivery devices drives brand differentiation and regulatory compliance.
In the consumer markets, AptarGroup offers pumps, actuators, valves, closures and specialized bottles engineered for precision, convenience and sustainability.
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