Atmus Filtration Technologies Inc. $ATMU Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp cut its stake in shares of Atmus Filtration Technologies Inc. (NYSE:ATMUFree Report) by 12.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 750,579 shares of the company’s stock after selling 102,898 shares during the quarter. Boston Trust Walden Corp’s holdings in Atmus Filtration Technologies were worth $42,610,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in ATMU. MQS Management LLC purchased a new stake in Atmus Filtration Technologies during the 1st quarter valued at about $202,000. GHP Investment Advisors Inc. purchased a new position in shares of Atmus Filtration Technologies in the first quarter worth about $44,000. OP Asset Management Ltd acquired a new stake in shares of Atmus Filtration Technologies during the first quarter worth about $6,945,000. Bar Harbor Wealth Management lifted its holdings in shares of Atmus Filtration Technologies by 2.6% during the first quarter. Bar Harbor Wealth Management now owns 115,603 shares of the company’s stock worth $6,563,000 after purchasing an additional 2,934 shares during the period. Finally, Anchyra Partners LLC boosted its position in Atmus Filtration Technologies by 6.6% in the first quarter. Anchyra Partners LLC now owns 4,256 shares of the company’s stock valued at $242,000 after buying an additional 264 shares during the last quarter. 32.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Atmus Filtration Technologies news, CFO Jack Kienzler sold 5,132 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $45.25, for a total value of $232,223.00. Following the sale, the chief financial officer directly owned 75,804 shares of the company’s stock, valued at approximately $3,430,131. This trade represents a 6.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 on Monday, June 1st. The shares were sold at an average price of $45.25, for a total transaction of $1,160,753.00. Following the completion of the sale, the chief executive officer directly owned 363,024 shares in the company, valued at $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. Insiders sold 36,240 shares of company stock valued at $1,639,860 in the last 90 days. Corporate insiders own 0.43% of the company’s stock.

Atmus Filtration Technologies Trading Down 0.0%

Shares of NYSE:ATMU opened at $49.63 on Friday. The company has a current ratio of 2.53, a quick ratio of 1.70 and a debt-to-equity ratio of 2.47. Atmus Filtration Technologies Inc. has a 12-month low of $36.74 and a 12-month high of $66.50. The business has a 50 day moving average of $52.02 and a two-hundred day moving average of $56.26. The company has a market capitalization of $4.05 billion, a PE ratio of 19.46, a PEG ratio of 2.12 and a beta of 1.19.

Atmus Filtration Technologies (NYSE:ATMUGet Free Report) last posted its earnings results 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 analyst estimates of $474.41 million. Atmus Filtration Technologies had a net margin of 11.56% and a return on equity of 64.29%. The business’s quarterly revenue was up 14.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.63 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. As a group, analysts forecast that Atmus Filtration Technologies Inc. will post 2.95 EPS for the current year.

Atmus Filtration Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.055 per share. 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 8.63%.

Wall Street Analysts Forecast Growth

ATMU has been the topic of several research reports. Zacks Research downgraded shares of Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings downgraded shares of Atmus Filtration Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Robert W. Baird cut their price objective on shares of Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating on the stock in a research note on Monday, May 4th. JPMorgan Chase & Co. reduced their target price on shares of Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Finally, Wall Street Zen downgraded shares of Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, June 14th. 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 MarketBeat, Atmus Filtration Technologies has an average rating of “Moderate Buy” and a consensus target price of $62.67.

Get Our Latest Analysis on Atmus Filtration Technologies

Atmus Filtration Technologies Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Atmus Filtration Technologies (NYSE:ATMU)

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