Schwab Charles Investment Management Inc. Has $34.94 Million Holdings in AptarGroup, Inc. (ATR)

Schwab Charles Investment Management Inc. raised its stake in AptarGroup, Inc. (NYSE:ATR) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 404,839 shares of the industrial products company’s stock after purchasing an additional 19,275 shares during the quarter. Schwab Charles Investment Management Inc. owned 0.65% of AptarGroup worth $34,942,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Great Lakes Advisors LLC grew its stake in shares of AptarGroup by 0.4% in the 2nd quarter. Great Lakes Advisors LLC now owns 5,683 shares of the industrial products company’s stock valued at $494,000 after purchasing an additional 20 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in shares of AptarGroup by 1.1% in the second quarter. Coldstream Capital Management Inc. now owns 2,805 shares of the industrial products company’s stock valued at $244,000 after buying an additional 30 shares in the last quarter. Citigroup Inc. boosted its stake in shares of AptarGroup by 0.5% in the second quarter. Citigroup Inc. now owns 6,323 shares of the industrial products company’s stock valued at $549,000 after buying an additional 34 shares in the last quarter. Advisory Services Network LLC boosted its stake in shares of AptarGroup by 1.1% in the second quarter. Advisory Services Network LLC now owns 4,464 shares of the industrial products company’s stock valued at $388,000 after buying an additional 50 shares in the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in shares of AptarGroup by 1.2% in the second quarter. Teacher Retirement System of Texas now owns 4,993 shares of the industrial products company’s stock valued at $434,000 after buying an additional 59 shares in the last quarter. Institutional investors own 90.92% of the company’s stock.

Shares of AptarGroup, Inc. (ATR) opened at $87.90 on Friday. The company has a quick ratio of 2.29, a current ratio of 2.75 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $5,475.64, a P/E ratio of 26.64, a P/E/G ratio of 3.09 and a beta of 0.95. AptarGroup, Inc. has a 12 month low of $71.44 and a 12 month high of $90.79.

AptarGroup (NYSE:ATR) last posted its earnings results on Thursday, October 26th. The industrial products company reported $0.83 EPS for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.03. The company had revenue of $624.33 million for the quarter, compared to the consensus estimate of $599.31 million. AptarGroup had a return on equity of 16.82% and a net margin of 9.24%. AptarGroup’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.82 earnings per share. research analysts anticipate that AptarGroup, Inc. will post 3.35 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 1st were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, October 31st. This represents a $1.28 dividend on an annualized basis and a yield of 1.46%. AptarGroup’s payout ratio is 37.43%.

ATR has been the topic of a number of analyst reports. Zacks Investment Research upgraded AptarGroup from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Jefferies Group restated a “hold” rating and issued a $78.00 price target on shares of AptarGroup in a research note on Thursday, August 31st. BidaskClub downgraded AptarGroup from a “hold” rating to a “sell” rating in a research note on Thursday, August 24th. KeyCorp restated a “hold” rating on shares of AptarGroup in a research note on Friday, October 27th. Finally, Robert W. Baird restated a “hold” rating and issued a $85.00 price target on shares of AptarGroup in a research note on Thursday, October 12th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. AptarGroup presently has an average rating of “Hold” and an average target price of $84.57.

In other AptarGroup news, CFO Robert Kuhn sold 5,000 shares of the business’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $87.43, for a total transaction of $437,150.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Ralf K. Wunderlich sold 26,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $87.03, for a total value of $2,262,780.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 77,910 shares of company stock worth $6,745,469. 5.30% of the stock is owned by company insiders.

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AptarGroup Company Profile

AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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