AptarGroup, Inc. (ATR) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 13.8% during the first quarter, Holdings Channel reports. The fund owned 15,437 shares of the industrial products company’s stock after acquiring an additional 1,873 shares during the period. Janus Henderson Group PLC’s holdings in AptarGroup were worth $1,642,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Ffcm LLC purchased a new stake in shares of AptarGroup during the fourth quarter worth about $25,000. Pearl River Capital LLC acquired a new stake in shares of AptarGroup during the fourth quarter worth about $26,000. Quantamental Technologies LLC acquired a new stake in shares of AptarGroup during the fourth quarter worth about $37,000. NumerixS Investment Technologies Inc acquired a new stake in shares of AptarGroup during the fourth quarter worth about $83,000. Finally, Eversept Partners LP acquired a new stake in shares of AptarGroup during the fourth quarter worth about $103,000. Institutional investors and hedge funds own 90.30% of the company’s stock.

Shares of NYSE:ATR opened at $113.48 on Wednesday. AptarGroup, Inc. has a 12-month low of $88.26 and a 12-month high of $115.52. The company has a market capitalization of $7.19 billion, a price-to-earnings ratio of 28.37, a P/E/G ratio of 2.53 and a beta of 0.81. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.13 and a quick ratio of 1.51.

AptarGroup (NYSE:ATR) last announced its quarterly earnings results on Tuesday, April 30th. The industrial products company reported $1.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.09. AptarGroup had a return on equity of 18.90% and a net margin of 7.07%. The company had revenue of $744.46 million during the quarter, compared to the consensus estimate of $743.68 million. During the same period in the previous year, the company posted $0.99 earnings per share. AptarGroup’s revenue for the quarter was up 5.8% on a year-over-year basis. On average, sell-side analysts anticipate that AptarGroup, Inc. will post 4.35 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 1st will be given a $0.36 dividend. The ex-dividend date of this dividend is Tuesday, April 30th. This is a boost from AptarGroup’s previous quarterly dividend of $0.34. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.27%. AptarGroup’s payout ratio is 36.00%.

In related news, CFO Robert Kuhn sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $113.35, for a total transaction of $566,750.00. Following the completion of the sale, the chief financial officer now directly owns 62,871 shares in the company, valued at $7,126,427.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Eldon W. Schaffer II sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $113.80, for a total value of $2,276,000.00. Following the sale, the insider now owns 65,115 shares of the company’s stock, valued at $7,410,087. The disclosure for this sale can be found here. Insiders sold 28,634 shares of company stock valued at $3,210,802 over the last 90 days. Company insiders own 3.00% of the company’s stock.

A number of equities research analysts recently commented on ATR shares. Deutsche Bank reaffirmed a “buy” rating and set a $124.00 target price on shares of AptarGroup in a report on Thursday, May 2nd. Zacks Investment Research raised AptarGroup from a “sell” rating to a “hold” rating in a report on Tuesday, April 16th. KeyCorp reaffirmed a “hold” rating on shares of AptarGroup in a report on Friday, February 22nd. William Blair reaffirmed an “outperform” rating on shares of AptarGroup in a report on Thursday, February 21st. Finally, Robert W. Baird raised AptarGroup from a “neutral” rating to an “outperform” rating and set a $115.00 target price for the company in a report on Wednesday, February 27th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. AptarGroup presently has a consensus rating of “Hold” and a consensus price target of $107.75.

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AptarGroup Profile

AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Beauty + Home, Pharma, and Food + Beverage.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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