Atmus Filtration Technologies Inc. $ATMU Holdings Raised by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lifted its position in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 66.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 634,588 shares of the company’s stock after acquiring an additional 252,338 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Atmus Filtration Technologies were worth $32,941,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. California State Teachers Retirement System boosted its holdings in Atmus Filtration Technologies by 0.3% in the second quarter. California State Teachers Retirement System now owns 83,277 shares of the company’s stock worth $3,033,000 after purchasing an additional 236 shares during the period. Verdence Capital Advisors LLC raised its holdings in shares of Atmus Filtration Technologies by 2.1% during the third quarter. Verdence Capital Advisors LLC now owns 13,678 shares of the company’s stock worth $626,000 after purchasing an additional 285 shares during the period. GAMMA Investing LLC lifted its position in shares of Atmus Filtration Technologies by 14.7% in the 4th quarter. GAMMA Investing LLC now owns 2,223 shares of the company’s stock worth $115,000 after buying an additional 285 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Atmus Filtration Technologies by 5.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,021 shares of the company’s stock worth $266,000 after buying an additional 301 shares during the last quarter. Finally, Creative Planning boosted its holdings in shares of Atmus Filtration Technologies by 4.9% in the 2nd quarter. Creative Planning now owns 6,688 shares of the company’s stock valued at $244,000 after buying an additional 312 shares during the period. 32.73% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ATMU. Robert W. Baird boosted their price objective on shares of Atmus Filtration Technologies from $59.00 to $69.00 and gave the company an “outperform” rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. raised their target price on shares of Atmus Filtration Technologies from $60.00 to $64.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Citigroup reaffirmed an “outperform” rating on shares of Atmus Filtration Technologies in a report on Wednesday, February 18th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Atmus Filtration Technologies in a research report on Wednesday, January 21st. Finally, Wall Street Zen raised Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Atmus Filtration Technologies presently has an average rating of “Moderate Buy” and an average price target of $59.75.

Atmus Filtration Technologies Price Performance

NYSE ATMU opened at $60.56 on Thursday. The company has a 50-day moving average price of $60.16 and a two-hundred day moving average price of $52.64. Atmus Filtration Technologies Inc. has a 52 week low of $30.94 and a 52 week high of $66.50. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 24.22, a price-to-earnings-growth ratio of 2.67 and a beta of 1.48. The company has a current ratio of 2.42, a quick ratio of 1.66 and a debt-to-equity ratio of 1.43.

Atmus Filtration Technologies (NYSE:ATMU) last released its quarterly earnings results on Friday, February 13th. The company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates 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 business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Analysts forecast that Atmus Filtration Technologies Inc. will post 2.52 EPS for the current year.

Atmus Filtration Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Friday, February 20th were paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $0.22 annualized dividend and a yield of 0.4%. Atmus Filtration Technologies’s payout ratio is presently 8.80%.

About Atmus Filtration Technologies

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.