AptarGroup, Inc. (NYSE:ATR) Shares Acquired by Toronto Dominion Bank

Toronto Dominion Bank raised its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 105.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,165 shares of the industrial products company’s stock after acquiring an additional 3,671 shares during the quarter. Toronto Dominion Bank’s holdings in AptarGroup were worth $1,009,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. DekaBank Deutsche Girozentrale boosted its position in shares of AptarGroup by 9.9% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 17,607 shares of the industrial products company’s stock worth $2,532,000 after acquiring an additional 1,583 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of AptarGroup by 167.2% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 6,690 shares of the industrial products company’s stock worth $957,000 after acquiring an additional 4,186 shares in the last quarter. First Financial Bank Trust Division acquired a new stake in shares of AptarGroup in the 1st quarter valued at about $3,038,000. Ontario Teachers Pension Plan Board boosted its position in shares of AptarGroup by 90.2% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 19,023 shares of the industrial products company’s stock valued at $2,737,000 after purchasing an additional 9,021 shares during the period. Finally, Duality Advisers LP boosted its position in shares of AptarGroup by 139.0% in the 1st quarter. Duality Advisers LP now owns 14,187 shares of the industrial products company’s stock valued at $2,041,000 after purchasing an additional 8,251 shares during the period. 88.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insider Buying and Selling at AptarGroup

In other AptarGroup news, CEO Stephan B. Tanda sold 32,000 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $147.56, for a total transaction of $4,721,920.00. Following the completion of the sale, the chief executive officer now directly owns 174,118 shares of the company’s stock, valued at approximately $25,692,852.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other AptarGroup news, Director Monnas Giovanna Kampouri sold 1,922 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $144.43, for a total transaction of $277,594.46. Following the completion of the sale, the director now directly owns 8,839 shares of the company’s stock, valued at approximately $1,276,616.77. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Stephan B. Tanda sold 32,000 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $25,692,852.08. The disclosure for this sale can be found here. Insiders sold a total of 49,457 shares of company stock valued at $7,314,030 in the last ninety days. Insiders own 1.00% of the company’s stock.

AptarGroup Stock Up 0.2 %

Shares of NYSE ATR opened at $160.19 on Tuesday. The stock has a market cap of $10.61 billion, a PE ratio of 34.38, a price-to-earnings-growth ratio of 3.21 and a beta of 0.57. The company has a quick ratio of 0.95, a current ratio of 1.36 and a debt-to-equity ratio of 0.28. AptarGroup, Inc. has a 52-week low of $120.36 and a 52-week high of $161.55. The business has a 50-day moving average price of $149.58 and a 200 day moving average price of $145.95.

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, beating analysts’ consensus estimates of $1.36 by $0.01. The firm had revenue of $910.10 million during the quarter, compared to analysts’ expectations of $930.15 million. AptarGroup had a return on equity of 15.13% and a net margin of 9.00%. The business’s revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.23 EPS. Equities research analysts forecast that AptarGroup, Inc. will post 5.36 earnings per share for the current year.

AptarGroup Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, July 25th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, July 25th. This is an increase from AptarGroup’s previous quarterly dividend of $0.41. This represents a $1.80 annualized dividend and a yield of 1.12%. AptarGroup’s dividend payout ratio is currently 38.63%.

AptarGroup 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.