Atmus Filtration Technologies Inc. (NYSE:ATMU) Given Average Rating of “Moderate Buy” by Brokerages

Atmus Filtration Technologies Inc. (NYSE:ATMU) has earned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $62.6667.

ATMU has been the topic of several research reports. Wells Fargo & Company lowered their target price on Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 1st. Zacks Research lowered shares of Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings cut shares of Atmus Filtration Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Robert W. Baird dropped their target price on shares of Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating for the company in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating on the stock in a report on Monday, May 4th.

Insider Buying and Selling

In other news, insider Renee Swan sold 2,566 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $45.25, for a total value of $116,111.50. Following the sale, the insider directly owned 50,745 shares in the company, valued at $2,296,211.25. This represents a 4.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Stephanie Disher sold 25,652 shares of Atmus Filtration Technologies stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $45.25, for a total value of $1,160,753.00. Following the sale, the chief executive officer owned 363,024 shares of the company’s stock, valued at approximately $16,426,836. This represents a 6.60% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 36,240 shares of company stock valued at $1,639,860. Company insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ATMU. Tema ETFs LLC lifted its stake in shares of Atmus Filtration Technologies by 3.9% during the 2nd quarter. Tema ETFs LLC now owns 105,917 shares of the company’s stock worth $5,401,000 after purchasing an additional 3,960 shares during the period. Glenmede Trust Co. NA grew its position in shares of Atmus Filtration Technologies by 4.4% in the first quarter. Glenmede Trust Co. NA now owns 17,259 shares of the company’s stock valued at $980,000 after purchasing an additional 724 shares during the period. Bank of America Corp DE increased its stake in Atmus Filtration Technologies by 33.8% in the first quarter. Bank of America Corp DE now owns 893,577 shares of the company’s stock valued at $50,728,000 after purchasing an additional 225,601 shares during the last quarter. Janus Henderson Group PLC increased its stake in Atmus Filtration Technologies by 13.3% in the first quarter. Janus Henderson Group PLC now owns 1,551,117 shares of the company’s stock valued at $88,104,000 after purchasing an additional 181,792 shares during the last quarter. Finally, California State Teachers Retirement System lifted its position in Atmus Filtration Technologies by 24.0% during the first quarter. California State Teachers Retirement System now owns 97,466 shares of the company’s stock worth $5,533,000 after buying an additional 18,890 shares during the period. 32.73% of the stock is currently owned by institutional investors and hedge funds.

Atmus Filtration Technologies Price Performance

Shares of ATMU stock traded up $0.59 during midday trading on Tuesday, reaching $50.62. 758,727 shares of the company traded hands, compared to its average volume of 852,736. The firm’s 50 day simple moving average is $50.72 and its two-hundred day simple moving average is $56.13. The firm has a market cap of $4.13 billion, a PE ratio of 19.85, a price-to-earnings-growth ratio of 2.17 and a beta of 1.19. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.53 and a quick ratio of 1.70. Atmus Filtration Technologies has a 1-year low of $36.74 and a 1-year high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU) last released its quarterly earnings data on Friday, May 1st. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.04. The firm had revenue of $477.50 million during the quarter, compared to the consensus estimate of $474.41 million. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.Atmus Filtration Technologies’s quarterly revenue was up 14.6% on a year-over-year basis. During the same period last year, the business posted $0.63 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. On average, equities research analysts expect that Atmus Filtration Technologies will post 2.95 EPS for the current fiscal year.

Atmus Filtration Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, May 26th were given a dividend of $0.055 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $0.22 annualized dividend and a yield of 0.4%. Atmus Filtration Technologies’s dividend payout ratio (DPR) is presently 8.63%.

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.