AptarGroup, Inc. (NYSE:ATR) – Equities research analysts at Jefferies Financial Group upped their FY2021 earnings per share estimates for AptarGroup in a report released on Wednesday, October 10th. Jefferies Financial Group analyst D. Rizzo now anticipates that the industrial products company will post earnings per share of $5.75 for the year, up from their prior estimate of $5.70.

AptarGroup (NYSE:ATR) last posted its earnings results on Thursday, July 26th. The industrial products company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The company had revenue of $710.61 million for the quarter, compared to the consensus estimate of $688.02 million. AptarGroup had a return on equity of 17.83% and a net margin of 8.19%.

ATR has been the topic of a number of other reports. Wells Fargo & Co boosted their target price on AptarGroup from $93.00 to $105.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 31st. Zacks Investment Research upgraded AptarGroup from a “hold” rating to a “buy” rating and set a $121.00 price objective on the stock in a research report on Monday, October 1st. Vertical Research downgraded AptarGroup from a “hold” rating to a “sell” rating and set a $86.00 price objective on the stock. in a research report on Tuesday, July 31st. Deutsche Bank set a $115.00 price objective on AptarGroup and gave the company a “buy” rating in a research report on Monday, July 30th. Finally, UBS Group began coverage on AptarGroup in a research report on Wednesday, June 20th. They set a “neutral” rating and a $105.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. AptarGroup presently has an average rating of “Hold” and an average price target of $105.13.

NYSE:ATR opened at $101.65 on Thursday. The company has a current ratio of 3.01, a quick ratio of 2.42 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $6.70 billion, a P/E ratio of 30.00, a PEG ratio of 3.25 and a beta of 0.81. AptarGroup has a 12 month low of $79.97 and a 12 month high of $112.31.

In other AptarGroup news, Director Monnas Giovanna Kampouri sold 12,667 shares of the company’s stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $105.45, for a total transaction of $1,335,735.15. Following the sale, the director now directly owns 11,040 shares in the company, valued at $1,164,168. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Salim Haffar sold 1,989 shares of the company’s stock in a transaction that occurred on Thursday, August 2nd. The shares were sold at an average price of $103.37, for a total value of $205,602.93. Following the transaction, the insider now directly owns 23,782 shares in the company, valued at approximately $2,458,345.34. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 97,862 shares of company stock worth $10,071,434. Company insiders own 3.40% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in ATR. Victory Capital Management Inc. grew its stake in shares of AptarGroup by 17.3% during the second quarter. Victory Capital Management Inc. now owns 2,256,665 shares of the industrial products company’s stock valued at $210,727,000 after buying an additional 333,376 shares during the last quarter. FMR LLC grew its stake in shares of AptarGroup by 46.3% during the second quarter. FMR LLC now owns 690,396 shares of the industrial products company’s stock valued at $64,469,000 after buying an additional 218,466 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of AptarGroup by 23.5% during the second quarter. Bank of New York Mellon Corp now owns 957,820 shares of the industrial products company’s stock valued at $89,442,000 after buying an additional 182,471 shares during the last quarter. Sei Investments Co. grew its stake in shares of AptarGroup by 6,678.9% during the second quarter. Sei Investments Co. now owns 162,762 shares of the industrial products company’s stock valued at $15,199,000 after buying an additional 160,361 shares during the last quarter. Finally, Bridge Creek Capital Management LLC grew its stake in shares of AptarGroup by 714.6% during the third quarter. Bridge Creek Capital Management LLC now owns 131,362 shares of the industrial products company’s stock valued at $3,869,000 after buying an additional 115,237 shares during the last quarter. 90.86% of the stock is currently owned by hedge funds and other institutional investors.

AptarGroup Company Profile

AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates in three segments: Beauty + Home, Pharma, and Food + Beverage.

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Earnings History and Estimates for AptarGroup (NYSE:ATR)

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