United Services Automobile Association Acquires Shares of 4,343 AptarGroup, Inc. $ATR

Key Points

• United Services Automobile Association made a new investment of approximately $638,000 in AptarGroup, purchasing 4,343 shares in the first quarter.
• AptarGroup reported earnings of $1.66 EPS for its last quarter, exceeding analysts' expectations, with a 10.84% net margin and 6.1% revenue growth year-over-year.
• The company declared an increase in its quarterly dividend to $0.48 per share, reflecting a 1.4% dividend yield, with shares trading at $137.12 on the day of the report.

United Services Automobile Association purchased a new position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,343 shares of the industrial products company's stock, valued at approximately $638,000.

Several other hedge funds also recently modified their holdings of the business. SVB Wealth LLC acquired a new stake in AptarGroup in the 1st quarter worth approximately $33,000. Simplex Trading LLC grew its stake in AptarGroup by 107.4% in the 1st quarter. Simplex Trading LLC now owns 224 shares of the industrial products company's stock valued at $33,000 after buying an additional 116 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in AptarGroup by 155.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 278 shares of the industrial products company's stock valued at $41,000 after buying an additional 169 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in AptarGroup by 281.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the industrial products company's stock valued at $47,000 after buying an additional 234 shares during the last quarter. Finally, UMB Bank n.a. grew its stake in AptarGroup by 116.9% in the 1st quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock valued at $89,000 after buying an additional 325 shares during the last quarter. Institutional investors and hedge funds own 88.52% of the company's stock.

AptarGroup Price Performance

ATR stock traded up $0.02 during trading on Monday, hitting $135.25. 56,739 shares of the stock traded hands, compared to its average volume of 388,271. AptarGroup, Inc. has a one year low of $130.85 and a one year high of $178.03. The stock has a market cap of $8.91 billion, a price-to-earnings ratio of 23.29, a P/E/G ratio of 2.79 and a beta of 0.57. The company has a 50 day simple moving average of $146.27 and a 200 day simple moving average of $148.92. The company has a current ratio of 1.21, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20.

AptarGroup (NYSE:ATR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.08. AptarGroup had a net margin of 10.84% and a return on equity of 15.39%. The firm had revenue of $966.01 million during the quarter, compared to the consensus estimate of $954.06 million. During the same period last year, the firm posted $1.41 EPS. The firm's quarterly revenue was up 6.1% on a year-over-year basis. AptarGroup has set its Q3 2025 guidance at 1.530-1.610 EPS. Equities analysts expect that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 23rd will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, October 23rd. This represents a $1.92 annualized dividend and a yield of 1.4%. This is an increase from AptarGroup's previous quarterly dividend of $0.45. AptarGroup's payout ratio is 33.05%.

Analyst Ratings Changes

A number of research analysts recently issued reports on ATR shares. Wells Fargo & Company lowered their target price on shares of AptarGroup from $153.00 to $152.00 and set an "overweight" rating on the stock in a research note on Wednesday, September 10th. Raymond James Financial reiterated an "outperform" rating and issued a $172.00 target price (down from $182.00) on shares of AptarGroup in a research note on Monday, August 4th. Finally, KeyCorp started coverage on shares of AptarGroup in a research note on Wednesday, September 3rd. They issued an "overweight" rating and a $220.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, AptarGroup has an average rating of "Buy" and a consensus target price of $182.00.

Insider Activity

In other AptarGroup news, insider Shiela Vinczeller sold 1,167 shares of the firm's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $137.97, for a total value of $161,010.99. Following the completion of the sale, the insider owned 25,134 shares in the company, valued at approximately $3,467,737.98. This trade represents a 4.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Gael Touya sold 2,500 shares of the firm's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $136.12, for a total transaction of $340,300.00. Following the completion of the sale, the insider owned 31,463 shares of the company's stock, valued at $4,282,743.56. The trade was a 7.36% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.68% of the company's stock.

About AptarGroup

AptarGroup, Inc designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments.