Hsbc Holdings PLC Invests $1.29 Million in Atmus Filtration Technologies Inc. $ATMU

Hsbc Holdings PLC bought a new stake in Atmus Filtration Technologies Inc. (NYSE:ATMU) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 24,865 shares of the company’s stock, valued at approximately $1,294,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Atmus Filtration Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,874 shares of the company’s stock worth $1,832,000 after purchasing an additional 2,176 shares in the last quarter. Millennium Management LLC boosted its holdings in Atmus Filtration Technologies by 17.5% in the 1st quarter. Millennium Management LLC now owns 219,639 shares of the company’s stock valued at $8,067,000 after purchasing an additional 32,727 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Atmus Filtration Technologies by 143.1% in the 1st quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock valued at $26,000 after purchasing an additional 412 shares in the last quarter. Caxton Associates LLP acquired a new position in Atmus Filtration Technologies during the 1st quarter worth approximately $283,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Atmus Filtration Technologies by 2.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 159,638 shares of the company’s stock worth $5,864,000 after purchasing an additional 3,419 shares during the period. 32.73% of the stock is currently owned by institutional investors and hedge funds.

Atmus Filtration Technologies Stock Performance

ATMU opened at $50.62 on Monday. The stock has a market cap of $4.13 billion, a P/E ratio of 19.85, a P/E/G 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. The stock’s 50 day simple moving average is $50.72 and its 200 day simple moving average is $56.14. Atmus Filtration Technologies Inc. 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. As a group, equities analysts anticipate that Atmus Filtration Technologies Inc. will post 2.95 EPS for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

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

Insider Buying and Selling at Atmus Filtration Technologies

In other Atmus Filtration Technologies news, CFO Jack Kienzler sold 5,132 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $45.25, for a total transaction of $232,223.00. Following the completion of the transaction, the chief financial officer directly owned 75,804 shares in the company, valued at approximately $3,430,131. This trade represents a 6.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Gretchen R. Haggerty bought 1,973 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were acquired at an average price of $55.74 per share, with a total value of $109,975.02. Following the completion of the acquisition, the director directly owned 25,741 shares in the company, valued at $1,434,803.34. This represents a 8.30% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have sold 36,240 shares of company stock worth $1,639,860. Insiders own 0.43% of the company’s stock.

Analyst Upgrades and Downgrades

ATMU has been the subject of a number of analyst reports. Zacks Research downgraded Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Wells Fargo & Company dropped their price objective 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. Wall Street Zen cut Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, June 14th. JPMorgan Chase & Co. cut their price objective on Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Finally, Robert W. Baird reduced their target price on Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating for the company in a report on Monday, May 4th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Atmus Filtration Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $62.67.

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.