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

Atmus Filtration Technologies Inc. (NYSE:ATMU) has received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $56.75.

Several equities research analysts have recently issued reports on ATMU shares. JPMorgan Chase & Co. lowered their price objective on shares of 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. Robert W. Baird reduced 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 research note on Monday, May 4th. Zacks Research cut Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Wall Street Zen downgraded Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research note on Sunday, May 10th. Finally, Weiss Ratings lowered Atmus Filtration Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 7th.

Atmus Filtration Technologies Trading Up 0.9%

NYSE:ATMU opened at $48.88 on Monday. 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 business’s 50-day simple moving average is $57.81 and its 200-day simple moving average is $56.20. Atmus Filtration Technologies has a fifty-two week low of $34.58 and a fifty-two week high of $66.50. The stock has a market capitalization of $3.99 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47.

Atmus Filtration Technologies (NYSE:ATMU) last posted its earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.04. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.The business had revenue of $477.50 million during the quarter, compared to analysts’ expectations of $474.41 million. During the same period in the prior year, the business earned $0.63 EPS. Atmus Filtration Technologies’s revenue for the quarter was up 14.6% compared to the same quarter last year. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Sell-side analysts expect that Atmus Filtration Technologies will post 2.95 earnings per share for the current fiscal year.

Atmus Filtration Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Tuesday, May 26th will be given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, May 26th. Atmus Filtration Technologies’s dividend payout ratio (DPR) is currently 8.63%.

Insider Buying and Selling

In other news, Director Gretchen R. Haggerty purchased 1,973 shares of Atmus Filtration Technologies stock in a transaction on Tuesday, May 12th. The stock was purchased at an average price of $55.74 per share, with a total value of $109,975.02. Following the transaction, the director directly owned 25,741 shares in the company, valued at $1,434,803.34. The trade was a 8.30% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.43% of the company’s stock.

Institutional Trading of Atmus Filtration Technologies

Institutional investors have recently made changes to their positions in the business. Jones Financial Companies Lllp boosted its holdings in Atmus Filtration Technologies by 143.1% during the first quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock worth $26,000 after purchasing an additional 412 shares during the last quarter. Essex Investment Management Co. LLC bought a new stake in Atmus Filtration Technologies during the 4th quarter worth about $37,000. GHP Investment Advisors Inc. bought a new stake in Atmus Filtration Technologies during the 1st quarter worth about $44,000. PNC Financial Services Group Inc. boosted its stake in shares of Atmus Filtration Technologies by 87.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 849 shares of the company’s stock worth $44,000 after buying an additional 397 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Atmus Filtration Technologies by 93.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,332 shares of the company’s stock worth $49,000 after buying an additional 644 shares during the last quarter. Institutional investors own 32.73% of the company’s stock.

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.