AptarGroup, Inc. (ATR) Shares Obtained by Garrison Financial Corp

AptarGroup, Inc. (ATR) Shares Obtained by Garrison Financial Corp

Garrison Financial Corp grew its position in AptarGroup, Inc. (NYSE:ATR) by 1.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 43,471 shares of the industrial products company’s stock after buying an additional 679 shares during the period. AptarGroup makes up 2.2% of Garrison Financial Corp’s portfolio, making the stock its 15th largest position. Garrison Financial Corp owned approximately 0.07% of AptarGroup worth $3,365,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in AptarGroup by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 6,359,071 shares of the industrial products company’s stock worth $685,126,000 after purchasing an additional 67,838 shares during the period. Vanguard Group Inc boosted its stake in AptarGroup by 1.1% in the 3rd quarter. Vanguard Group Inc now owns 6,359,071 shares of the industrial products company’s stock worth $685,126,000 after purchasing an additional 67,838 shares during the period. BlackRock Inc. boosted its stake in AptarGroup by 0.6% in the 3rd quarter. BlackRock Inc. now owns 5,355,039 shares of the industrial products company’s stock worth $576,952,000 after purchasing an additional 32,146 shares during the period. JPMorgan Chase & Co. boosted its stake in AptarGroup by 6.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,763,570 shares of the industrial products company’s stock worth $297,747,000 after purchasing an additional 174,391 shares during the period. Finally, FMR LLC boosted its stake in AptarGroup by 50.8% in the 3rd quarter. FMR LLC now owns 1,040,954 shares of the industrial products company’s stock worth $112,154,000 after purchasing an additional 350,558 shares during the period. 93.38% of the stock is owned by institutional investors.

Shares of ATR stock opened at $101.70 on Tuesday. The company has a current ratio of 1.87, a quick ratio of 1.34 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $6.37 billion, a PE ratio of 29.56, a PEG ratio of 2.74 and a beta of 0.80. AptarGroup, Inc. has a 52-week low of $81.59 and a 52-week high of $112.31.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 20th. Stockholders of record on Wednesday, January 30th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Tuesday, January 29th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.34%. AptarGroup’s payout ratio is 39.53%.

ATR has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of AptarGroup from a “sell” rating to a “hold” rating in a research note on Thursday, January 10th. UBS Group set a $106.00 target price on shares of AptarGroup and gave the stock a “hold” rating in a research note on Friday, January 18th. Finally, Vertical Research raised shares of AptarGroup from a “sell” rating to a “hold” rating in a research note on Monday, January 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $105.25.

In other news, Director Maritza Gomez Montiel sold 707 shares of the company’s stock in a transaction dated Wednesday, January 9th. The shares were sold at an average price of $93.58, for a total value of $66,161.06. Following the sale, the director now directly owns 4,033 shares of the company’s stock, valued at approximately $377,408.14. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.40% of the stock is currently owned by corporate insiders.

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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