Atmus Filtration Technologies (NYSE:ATMU) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Atmus Filtration Technologies (NYSE:ATMU) had its price target boosted by investment analysts at Wells Fargo & Company from $54.00 to $67.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 4.25% from the company’s current price.

ATMU has been the topic of several other reports. JPMorgan Chase & Co. boosted their price target on shares of Atmus Filtration Technologies from $60.00 to $64.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Atmus Filtration Technologies in a report on Wednesday, January 21st. Wall Street Zen raised shares of Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 14th. Finally, Zacks Research lowered shares of Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $59.75.

Atmus Filtration Technologies Stock Performance

ATMU opened at $64.27 on Tuesday. The company has a market capitalization of $5.24 billion, a price-to-earnings ratio of 25.71, a price-to-earnings-growth ratio of 2.82 and a beta of 1.56. The company has a debt-to-equity ratio of 1.43, a current ratio of 2.42 and a quick ratio of 1.41. Atmus Filtration Technologies has a 1-year low of $30.94 and a 1-year high of $66.00. The business has a 50 day moving average price of $56.63 and a two-hundred day moving average price of $49.60.

Atmus Filtration Technologies (NYSE:ATMU) last issued its quarterly earnings results on Friday, February 13th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.09. The company had revenue of $446.60 million for the quarter, compared to analysts’ expectations of $422.25 million. Atmus Filtration Technologies had a return on equity of 69.78% and a net margin of 11.76%.The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the firm earned $0.58 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Research analysts predict that Atmus Filtration Technologies will post 2.52 EPS for the current fiscal year.

Institutional Investors Weigh In On Atmus Filtration Technologies

Several hedge funds have recently bought and sold shares of ATMU. Jones Financial Companies Lllp grew its stake in Atmus Filtration Technologies by 143.1% during the 1st quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock valued at $26,000 after acquiring an additional 412 shares in the last quarter. Essex Investment Management Co. LLC acquired a new stake in shares of Atmus Filtration Technologies during the fourth quarter worth approximately $37,000. Bessemer Group Inc. grew its position in Atmus Filtration Technologies by 31.4% during the second quarter. Bessemer Group Inc. now owns 1,138 shares of the company’s stock valued at $42,000 after purchasing an additional 272 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Atmus Filtration Technologies by 87.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 849 shares of the company’s stock valued at $44,000 after buying an additional 397 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in Atmus Filtration Technologies by 93.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,332 shares of the company’s stock valued at $49,000 after buying an additional 644 shares during the period. 32.73% of the stock is owned by hedge funds and other institutional investors.

Atmus Filtration Technologies Company Profile

Atmus Filtration Technologies is a global developer and manufacturer of high-performance filter media and filtration solutions. The company designs and produces advanced materials that capture airborne particles across a range of applications, from heating, ventilation and air-conditioning (HVAC) systems to industrial and cleanroom environments. By focusing on proprietary meltblown and nanofiber technologies, Atmus delivers media that balances efficiency, airflow and durability for both original equipment manufacturers (OEMs) and aftermarket customers.

The company’s product portfolio encompasses pleated and panel filter media, depth filtration products and specialty laminates used in industries such as commercial buildings, healthcare, transportation and power generation.