Guyasuta Investment Advisors Inc. lessened its position in shares of AptarGroup, Inc. (NYSE:ATR – Get Rating) by 1.1% in the second quarter, Holdings Channel.com reports. The firm owned 14,370 shares of the industrial products company's stock after selling 165 shares during the period. Guyasuta Investment Advisors Inc.'s holdings in AptarGroup were worth $1,483,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Meeder Asset Management Inc. bought a new position in shares of AptarGroup in the 1st quarter valued at about $42,000. Quadrant Capital Group LLC grew its holdings in shares of AptarGroup by 129.7% in the 1st quarter. Quadrant Capital Group LLC now owns 395 shares of the industrial products company's stock valued at $47,000 after acquiring an additional 223 shares in the last quarter. JJJ Advisors Inc. grew its holdings in shares of AptarGroup by 63.5% in the 1st quarter. JJJ Advisors Inc. now owns 515 shares of the industrial products company's stock valued at $61,000 after acquiring an additional 200 shares in the last quarter. Prospera Financial Services Inc bought a new position in shares of AptarGroup in the 1st quarter valued at about $82,000. Finally, HM Payson & Co. grew its holdings in shares of AptarGroup by 25.2% in the 1st quarter. HM Payson & Co. now owns 766 shares of the industrial products company's stock valued at $90,000 after acquiring an additional 154 shares in the last quarter. Institutional investors own 89.08% of the company's stock.

Insider Activity

In other news, CFO Robert Kuhn sold 50,000 shares of AptarGroup stock in a transaction that occurred on Friday, August 12th. The shares were sold at an average price of $110.63, for a total value of $5,531,500.00. Following the completion of the sale, the chief financial officer now directly owns 68,604 shares in the company, valued at $7,589,660.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CFO Robert Kuhn sold 50,000 shares of AptarGroup stock in a transaction that occurred on Friday, August 12th. The shares were sold at an average price of $110.63, for a total value of $5,531,500.00. Following the completion of the sale, the chief financial officer now directly owns 68,604 shares in the company, valued at $7,589,660.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Hedi Tlili sold 5,000 shares of AptarGroup stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $112.08, for a total transaction of $560,400.00. Following the completion of the sale, the insider now owns 10,396 shares of the company's stock, valued at $1,165,183.68. The disclosure for this sale can be found here. 1.20% of the stock is owned by company insiders.

Analyst Ratings Changes

AptarGroup Trading Down 1.8 %

AptarGroup stock opened at $95.03 on Friday. The stock has a 50-day simple moving average of $104.79 and a 200 day simple moving average of $107.49. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.90. The stock has a market capitalization of $6.21 billion, a P/E ratio of 27.71, a PEG ratio of 3.59 and a beta of 0.63. AptarGroup, Inc. has a 52 week low of $94.03 and a 52 week high of $135.81.

AptarGroup (NYSE:ATR – Get Rating) last issued its quarterly earnings data on Thursday, July 28th. The industrial products company reported $0.96 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.96. The firm had revenue of $844.54 million during the quarter, compared to the consensus estimate of $827.18 million. AptarGroup had a net margin of 6.94% and a return on equity of 12.87%. The business's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period last year, the business posted $0.91 earnings per share. Analysts expect that AptarGroup, Inc. will post 3.85 earnings per share for the current year.

AptarGroup Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 17th. Stockholders of record on Wednesday, July 27th were given a $0.38 dividend. The ex-dividend date was Tuesday, July 26th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.60%. AptarGroup's payout ratio is 44.31%.

AptarGroup Profile

(Get Rating)

AptarGroup, Inc provides a range of dispensing, sealing, and material science 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: Pharma, Beauty + Home, and Food + Beverage.

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