Susquehanna Fundamental Investments LLC Has $4.34 Million Stock Position in AptarGroup, Inc. (NYSE:ATR)

Susquehanna Fundamental Investments LLC trimmed its holdings in AptarGroup, Inc. (NYSE:ATR) by 7.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,793 shares of the industrial products company’s stock after selling 2,653 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in AptarGroup were worth $4,336,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Rise Advisors LLC acquired a new position in AptarGroup during the 1st quarter valued at $25,000. Blue Trust Inc. lifted its position in AptarGroup by 281.0% in the second quarter. Blue Trust Inc. now owns 240 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 177 shares during the period. Gradient Investments LLC acquired a new stake in AptarGroup during the second quarter worth $40,000. Versant Capital Management Inc increased its holdings in AptarGroup by 4,983.3% in the 2nd quarter. Versant Capital Management Inc now owns 305 shares of the industrial products company’s stock valued at $43,000 after buying an additional 299 shares during the period. Finally, Mather Group LLC. acquired a new position in shares of AptarGroup in the 1st quarter valued at $52,000. 88.52% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company lifted their target price on shares of AptarGroup from $163.00 to $168.00 and gave the company an “overweight” rating in a research report on Wednesday, July 17th.

Insider Transactions at AptarGroup

In other news, insider Hedi Tlili sold 1,375 shares of the company’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $152.54, for a total transaction of $209,742.50. Following the transaction, the insider now owns 9,379 shares of the company’s stock, valued at $1,430,672.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Stephan B. Tanda sold 32,000 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $147.56, for a total value of $4,721,920.00. Following the transaction, the chief executive officer now directly owns 174,118 shares in the company, valued at approximately $25,692,852.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Hedi Tlili sold 1,375 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $152.54, for a total value of $209,742.50. Following the completion of the sale, the insider now owns 9,379 shares of the company’s stock, valued at approximately $1,430,672.66. The disclosure for this sale can be found here. Insiders sold a total of 49,457 shares of company stock worth $7,314,030 over the last 90 days. 1.00% of the stock is owned by insiders.

AptarGroup Stock Up 1.0 %

Shares of NYSE ATR opened at $159.89 on Monday. AptarGroup, Inc. has a 12-month low of $120.36 and a 12-month high of $161.55. The firm’s 50-day simple moving average is $149.58 and its 200 day simple moving average is $145.91. The company has a quick ratio of 0.95, a current ratio of 1.36 and a debt-to-equity ratio of 0.28. The company has a market cap of $10.59 billion, a price-to-earnings ratio of 34.31, a price-to-earnings-growth ratio of 3.21 and a beta of 0.57.

AptarGroup (NYSE:ATR) last announced its earnings results on Thursday, July 25th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.01. The company had revenue of $910.10 million for the quarter, compared to analyst estimates of $930.15 million. AptarGroup had a net margin of 9.00% and a return on equity of 15.13%. AptarGroup’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.23 earnings per share. On average, research analysts expect that AptarGroup, Inc. will post 5.36 earnings per share for the current fiscal year.

AptarGroup Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, July 25th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.13%. This is a positive change from AptarGroup’s previous quarterly dividend of $0.41. The ex-dividend date was Thursday, July 25th. AptarGroup’s dividend payout ratio (DPR) is presently 38.63%.

AptarGroup Company Profile

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.