State Street Corp. Files Amended 13G for AptarGroup Stock
Ticker: ATR · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 896622
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment, form-13G
TL;DR
**State Street still holds AptarGroup shares, no major changes reported.**
AI Summary
State Street Corporation, a major financial institution, filed an amended Schedule 13G on January 25, 2024, indicating its ownership of AptarGroup, Inc. common stock as of December 31, 2023. This filing updates their previous disclosures, confirming their continued significant, but passive, investment in AptarGroup. For investors, this means a large institutional holder remains invested, which can signal confidence in the company's long-term prospects, but no active changes in their stake were disclosed in this specific excerpt.
Why It Matters
This filing confirms State Street Corporation's ongoing passive ownership in AptarGroup, Inc., providing transparency on institutional holdings which can influence market perception and stability.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a passive institutional investor, indicating no immediate risks or significant changes to the company's ownership structure.
Analyst Insight
A smart investor would note State Street's continued passive holding as a sign of institutional confidence, but recognize this filing doesn't indicate any new buying or selling activity, thus requiring further research into AptarGroup's fundamentals for investment decisions.
Key Numbers
- 0000093751-24-000250 — ACCESSION NUMBER (Unique identifier for this specific SEC filing)
- 0000896622 — CENTRAL INDEX KEY (CIK) (Unique identifier for AptarGroup, Inc. with the SEC)
- 0000093751 — CENTRAL INDEX KEY (CIK) (Unique identifier for State Street Corporation with the SEC)
- 005-44259 — SEC FILE NUMBER (SEC file number for AptarGroup, Inc.)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- AptarGroup, Inc. (company) — the subject company whose stock is being reported
- 038336103 (number) — CUSIP number for AptarGroup, Inc. Common Stock
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- State Street Corporation will maintain its passive investment in AptarGroup, Inc. for the foreseeable future. (State Street Corporation) — high confidence, target: 2025-01-25
- AptarGroup, Inc.'s stock price will not experience significant volatility directly due to this routine filing. (AptarGroup, Inc.) — high confidence, target: 2024-02-25
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, used by passive institutional investors to report their ownership of 5% or more of a company's stock.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, identified by CIK 0000093751 and IRS Identification No. 04-2456637.
What is the subject company whose shares are being reported?
The subject company is APTARGROUP, INC., identified by CIK 0000896622, with its common stock having CUSIP number 038336103.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Under which rule was this Schedule 13G/A filed?
This Schedule 13G/A was filed under Rule 13D-1(B) of the Securities Exchange Act of 1934.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding APTARGROUP, INC. (ATR).