AptarGroup, Inc. (NYSE:ATR – Get Free Report)’s inventory value reached a brand new 52-week excessive throughout buying and selling on Friday following a dividend announcement from the corporate. The corporate traded as excessive as $161.66 and final traded at $161.66, with a quantity of 91124 shares buying and selling arms. The inventory had beforehand closed at $159.22.
The newly introduced dividend which shall be paid on Thursday, November 14th. Shareholders of document on Thursday, October twenty fourth shall be given a $0.45 dividend. This represents a $1.80 dividend on an annualized foundation and a yield of 1.11%. The ex-dividend date is Thursday, October twenty fourth. AptarGroup’s dividend payout ratio (DPR) is presently 38.63%.
Wall Road Analyst Weigh In
Individually, Wells Fargo & Firm lifted their goal value on shares of AptarGroup from $163.00 to $168.00 and gave the inventory an “chubby” score in a analysis report on Wednesday, July seventeenth.
View Our Newest Inventory Evaluation on ATR
AptarGroup Inventory Efficiency
The enterprise’s 50-day shifting common value is $152.34 and its 200-day shifting common value is $147.18. The corporate has a debt-to-equity ratio of 0.28, a fast ratio of 0.95 and a present ratio of 1.36. The inventory has a market cap of $10.70 billion, a P/E ratio of 34.67, a P/E/G ratio of three.29 and a beta of 0.58.
AptarGroup (NYSE:ATR – Get Free Report) final issued its quarterly earnings information on Thursday, July twenty fifth. The commercial merchandise firm reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.01. AptarGroup had a web margin of 9.00% and a return on fairness of 15.13%. The agency had income of $910.10 million through the quarter, in comparison with the consensus estimate of $930.15 million. Throughout the identical quarter within the earlier 12 months, the agency posted $1.23 EPS. The corporate’s income for the quarter was up 1.6% in comparison with the identical quarter final 12 months. As a gaggle, sell-side analysts count on that AptarGroup, Inc. will submit 5.36 earnings per share for the present fiscal 12 months.
AptarGroup introduced that its Board of Administrators has initiated a share repurchase plan on Thursday, October tenth that permits the corporate to buyback $500.00 million in shares. This buyback authorization permits the economic merchandise firm to reacquire as much as 4.7% of its shares by way of open market purchases. Shares buyback plans are typically a sign that the corporate’s board of administrators believes its inventory is undervalued.
Insider Exercise at AptarGroup
In associated information, insider Hedi Tlili bought 1,375 shares of AptarGroup inventory in a transaction on Friday, September thirteenth. The shares had been bought at a mean value of $152.54, for a complete transaction of $209,742.50. Following the transaction, the insider now owns 9,379 shares within the firm, valued at roughly $1,430,672.66. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which might be accessed by way of this hyperlink. In associated information, CEO Stephan B. Tanda bought 32,000 shares of AptarGroup inventory in a transaction on Monday, July twenty ninth. The shares had been bought at a mean value of $147.56, for a complete transaction of $4,721,920.00. Following the transaction, the chief govt officer now owns 174,118 shares within the firm, valued at roughly $25,692,852.08. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which might be accessed by way of this hyperlink. Additionally, insider Hedi Tlili bought 1,375 shares of the enterprise’s inventory in a transaction on Friday, September thirteenth. The inventory was bought at a mean value of $152.54, for a complete transaction of $209,742.50. Following the completion of the sale, the insider now owns 9,379 shares within the firm, valued at roughly $1,430,672.66. The commerce was a 0.00 % lower of their place. The disclosure for this sale might be discovered right here. Within the final quarter, insiders have bought 49,457 shares of firm inventory value $7,314,030. 1.00% of the inventory is owned by company insiders.
Institutional Buying and selling of AptarGroup
A number of hedge funds have just lately purchased and bought shares of ATR. Virtu Monetary LLC bought a brand new stake in AptarGroup within the 4th quarter value $367,000. Fisher Asset Administration LLC raised its place in shares of AptarGroup by 1.2% through the 4th quarter. Fisher Asset Administration LLC now owns 30,268 shares of the economic merchandise firm’s inventory valued at $3,742,000 after shopping for a further 366 shares within the final quarter. HighPoint Advisor Group LLC bought a brand new stake in shares of AptarGroup through the 4th quarter valued at about $204,000. Kapitalo Investimentos Ltda bought a brand new stake in shares of AptarGroup through the 4th quarter valued at about $313,000. Lastly, First Monetary Financial institution Belief Division bought a brand new stake in shares of AptarGroup through the 1st quarter valued at about $3,038,000. Hedge funds and different institutional traders personal 88.52% of the corporate’s inventory.
AptarGroup Firm Profile
AptarGroup, Inc designs and manufactures a spread of drug supply, shopper product shelling out, and lively materials science options and providers for the pharmaceutical, magnificence, private care, house care, and meals and beverage markets. The corporate operates by way of Aptar Pharma, Aptar Magnificence, and Aptar Closures segments.
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