Jones Financial Companies Lllp Grows Stock Position in AptarGroup, Inc. (NYSE:ATR)

Jones Financial Companies Lllp boosted its stake in AptarGroup, Inc. (NYSE:ATR) by 310.4% in the fourth quarter, Holdings Channel reports. The fund owned 591 shares of the industrial products company’s stock after buying an additional 447 shares during the quarter. Jones Financial Companies Lllp’s holdings in AptarGroup were worth $93,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new position in shares of AptarGroup in the 4th quarter valued at approximately $42,000. Huntington National Bank raised its position in shares of AptarGroup by 312.0% during the 3rd quarter. Huntington National Bank now owns 342 shares of the industrial products company’s stock valued at $55,000 after acquiring an additional 259 shares in the last quarter. Park Place Capital Corp acquired a new stake in shares of AptarGroup during the 4th quarter valued at approximately $67,000. Principal Securities Inc. raised its position in shares of AptarGroup by 328.4% during the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company’s stock valued at $69,000 after acquiring an additional 335 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of AptarGroup by 12.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company’s stock valued at $102,000 after acquiring an additional 72 shares in the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ATR has been the topic of several research reports. Robert W. Baird dropped their price target on AptarGroup from $185.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, February 10th. Raymond James reissued an “outperform” rating and set a $190.00 price target (down from $200.00) on shares of AptarGroup in a research report on Monday, February 10th. Bank of America lowered AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price target on the stock. in a research report on Monday, January 6th. StockNews.com lowered AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Finally, Wells Fargo & Company dropped their target price on AptarGroup from $180.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $181.60.

AptarGroup Price Performance

Shares of NYSE ATR opened at $146.81 on Monday. AptarGroup, Inc. has a 1-year low of $135.96 and a 1-year high of $178.03. The firm has a market capitalization of $9.76 billion, a PE ratio of 26.50, a P/E/G ratio of 3.89 and a beta of 0.56. The business’s fifty day moving average price is $151.14 and its two-hundred day moving average price is $159.04. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95.

AptarGroup (NYSE:ATR) last released its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.24. AptarGroup had a return on equity of 15.56% and a net margin of 10.45%. On average, research analysts expect that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were paid a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $1.80 annualized dividend and a dividend yield of 1.23%. AptarGroup’s payout ratio is 32.49%.

About AptarGroup

AptarGroup, Inc designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments.