Robert W. Baird reissued their hold rating on shares of AptarGroup (NYSE:ATR) in a report issued on Wednesday morning. The brokerage currently has a $92.00 target price on the industrial products company’s stock.

Several other equities research analysts have also recently weighed in on the stock. Wells Fargo & Co restated a market perform rating and issued a $90.00 price objective (up previously from $83.00) on shares of AptarGroup in a research report on Wednesday. Zacks Investment Research upgraded shares of AptarGroup from a hold rating to a buy rating and set a $94.00 price objective for the company in a research report on Wednesday, February 7th. Finally, KeyCorp restated a hold rating on shares of AptarGroup in a research report on Friday, October 27th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. AptarGroup presently has an average rating of Hold and an average target price of $85.38.

AptarGroup (NYSE:ATR) opened at $90.90 on Wednesday. The company has a market cap of $5,589.00, a PE ratio of 26.51, a PEG ratio of 2.94 and a beta of 0.88. The company has a current ratio of 3.16, a quick ratio of 2.29 and a debt-to-equity ratio of 0.91. AptarGroup has a 1-year low of $72.86 and a 1-year high of $92.32.

AptarGroup (NYSE:ATR) last announced its earnings results on Monday, February 12th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.10. The business had revenue of $625.90 million during the quarter, compared to analysts’ expectations of $577.17 million. AptarGroup had a net margin of 8.91% and a return on equity of 16.97%. The firm’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter last year, the company posted $0.69 EPS. research analysts anticipate that AptarGroup will post 3.59 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend is Tuesday, January 30th. AptarGroup’s payout ratio is presently 37.43%.

In other news, CFO Robert Kuhn sold 5,000 shares of AptarGroup stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $87.43, for a total transaction of $437,150.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ralf K. Wunderlich sold 26,000 shares of AptarGroup stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $87.03, for a total transaction of $2,262,780.00. The disclosure for this sale can be found here. Company insiders own 5.30% of the company’s stock.

Several large investors have recently modified their holdings of the company. Advisory Services Network LLC grew its position in shares of AptarGroup by 1.1% during the 2nd quarter. Advisory Services Network LLC now owns 4,464 shares of the industrial products company’s stock worth $388,000 after buying an additional 50 shares during the period. Gardiner Nancy B grew its position in shares of AptarGroup by 2.6% during the 3rd quarter. Gardiner Nancy B now owns 23,030 shares of the industrial products company’s stock worth $1,989,000 after buying an additional 590 shares during the period. GW&K Investment Management LLC grew its position in shares of AptarGroup by 0.4% during the 4th quarter. GW&K Investment Management LLC now owns 142,807 shares of the industrial products company’s stock worth $12,321,000 after buying an additional 623 shares during the period. American International Group Inc. grew its position in shares of AptarGroup by 0.5% during the 3rd quarter. American International Group Inc. now owns 128,320 shares of the industrial products company’s stock worth $11,075,000 after buying an additional 655 shares during the period. Finally, OppenheimerFunds Inc. grew its position in shares of AptarGroup by 9.1% during the 4th quarter. OppenheimerFunds Inc. now owns 7,982 shares of the industrial products company’s stock worth $689,000 after buying an additional 665 shares during the period. Institutional investors own 90.88% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This article was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and international trademark and copyright law. The legal version of this article can be read at https://theolympiareport.com/2018/02/15/aptargroup-atr-earns-hold-rating-from-robert-w-baird.html.

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.

Analyst Recommendations for AptarGroup (NYSE:ATR)

Receive News & Ratings for AptarGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AptarGroup and related companies with MarketBeat.com's FREE daily email newsletter.