Rockefeller Capital Management L.P. lessened its position in shares of AptarGroup, Inc. (NYSE:ATR – Free Report) by 7.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 126,703 shares of the industrial products company’s stock after selling 9,490 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in AptarGroup were worth $15,453,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Rothschild Investment LLC raised its stake in shares of AptarGroup by 231.1% in the fourth quarter. Rothschild Investment LLC now owns 202 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 141 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in AptarGroup in the 3rd quarter valued at $32,000. Caitong International Asset Management Co. Ltd bought a new stake in AptarGroup in the 3rd quarter valued at $36,000. Ameriflex Group Inc. acquired a new position in shares of AptarGroup in the 4th quarter valued at $35,000. Finally, Los Angeles Capital Management LLC bought a new position in shares of AptarGroup during the 4th quarter worth about $39,000. 88.52% of the stock is currently owned by institutional investors.
AptarGroup Stock Performance
AptarGroup stock opened at $120.99 on Wednesday. The firm has a market capitalization of $7.72 billion, a P/E ratio of 20.72, a P/E/G ratio of 2.84 and a beta of 0.40. The stock has a fifty day moving average price of $119.95 and a two-hundred day moving average price of $125.29. 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 current ratio of 1.66 and a quick ratio of 1.14.
AptarGroup Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 6th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, May 6th. AptarGroup’s dividend payout ratio is currently 32.88%.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of AptarGroup from $144.00 to $145.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Weiss Ratings restated a “hold (c)” rating on shares of AptarGroup in a research note on Friday, March 27th. Finally, Zacks Research raised AptarGroup from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $173.25.
Get Our Latest Stock Analysis on AptarGroup
Insider Activity at AptarGroup
In other AptarGroup news, insider Shiela Vinczeller sold 3,555 shares of AptarGroup stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $112.61, for a total value of $400,328.55. Following the completion of the transaction, the insider owned 27,078 shares in the company, valued at approximately $3,049,253.58. The trade was a 11.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Irene Elizabeth Hudson sold 1,264 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $123.43, for a total value of $156,015.52. Following the completion of the transaction, the executive vice president directly owned 1,480 shares in the company, valued at approximately $182,676.40. This represents a 46.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.73% of the stock is owned by insiders.
About AptarGroup
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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