AptarGroup, Inc. (NYSE:ATR – Get Free Report) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Thursday, July 30th will be paid a dividend of 0.48 per share by the industrial products company on Thursday, August 20th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, July 30th.
AptarGroup has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 31 years. AptarGroup has a dividend payout ratio of 29.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect AptarGroup to earn $6.11 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 31.4%.
AptarGroup Stock Performance
AptarGroup stock opened at $133.48 on Tuesday. AptarGroup has a fifty-two week low of $103.23 and a fifty-two week high of $161.98. The company has a market capitalization of $8.52 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 3.30 and a beta of 0.39. The stock has a fifty day moving average of $121.78 and a two-hundred day moving average of $126.34. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.14 and a current ratio of 1.66.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on ATR. Raymond James Financial reissued an “outperform” rating and set a $160.00 price target on shares of AptarGroup in a research note on Wednesday, July 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of AptarGroup in a research report on Wednesday, June 24th. Wells Fargo & Company boosted their price objective on AptarGroup from $144.00 to $145.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Zacks Research raised shares of AptarGroup from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Bank of America raised AptarGroup from a “neutral” rating to a “buy” rating and set a $173.00 price target for the company in a report on Tuesday, July 14th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $170.80.
Get Our Latest Analysis on ATR
AptarGroup Company 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.
See Also
- Five stocks we like better than AptarGroup
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for AptarGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AptarGroup and related companies with MarketBeat.com's FREE daily email newsletter.
