Goldman Sachs Group Inc. Has $166.13 Million Stake in Atmus Filtration Technologies Inc. $ATMU

Goldman Sachs Group Inc. grew its holdings in Atmus Filtration Technologies Inc. (NYSE:ATMU) by 5.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,200,311 shares of the company’s stock after acquiring an additional 163,659 shares during the period. Goldman Sachs Group Inc.’s holdings in Atmus Filtration Technologies were worth $166,128,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Eminence Capital LP lifted its position in shares of Atmus Filtration Technologies by 1.1% in the third quarter. Eminence Capital LP now owns 6,522,404 shares of the company’s stock valued at $294,095,000 after buying an additional 73,411 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Atmus Filtration Technologies by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 2,428,684 shares of the company’s stock valued at $126,088,000 after buying an additional 54,376 shares during the last quarter. Invesco Ltd. lifted its position in shares of Atmus Filtration Technologies by 1.6% in the third quarter. Invesco Ltd. now owns 2,223,823 shares of the company’s stock valued at $100,272,000 after buying an additional 34,146 shares during the last quarter. State Street Corp lifted its position in shares of Atmus Filtration Technologies by 0.7% in the second quarter. State Street Corp now owns 1,953,607 shares of the company’s stock valued at $71,150,000 after buying an additional 14,269 shares during the last quarter. Finally, Channing Capital Management LLC lifted its position in shares of Atmus Filtration Technologies by 3,192.8% in the third quarter. Channing Capital Management LLC now owns 1,715,015 shares of the company’s stock valued at $77,330,000 after buying an additional 1,662,931 shares during the last quarter. 32.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ATMU. Weiss Ratings raised Atmus Filtration Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, May 26th. Wall Street Zen raised Atmus Filtration Technologies from a “hold” rating to a “buy” rating in a report on Saturday. Wells Fargo & Company dropped their price target on Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating for the company in a report on Wednesday, April 1st. Citigroup reissued an “outperform” rating on shares of Atmus Filtration Technologies in a report on Wednesday, February 18th. Finally, Robert W. Baird dropped their price target 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 analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.67.

Atmus Filtration Technologies Stock Performance

NYSE:ATMU opened at $45.87 on Monday. The stock has a market cap of $3.75 billion, a P/E ratio of 17.99, a PEG ratio of 1.97 and a beta of 1.24. The stock has a 50 day simple moving average of $55.85 and a 200 day simple moving average of $56.26. 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 1-year low of $34.58 and a 1-year high of $66.50.

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

Atmus Filtration Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Tuesday, May 26th will be issued a $0.055 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $0.22 annualized dividend and a yield of 0.5%. Atmus Filtration Technologies’s payout ratio is currently 8.63%.

Insider Transactions at Atmus Filtration Technologies

In other Atmus Filtration Technologies news, SVP Charles Masters sold 2,890 shares of Atmus Filtration Technologies stock in a transaction on Monday, June 1st. The stock was sold at an average price of $45.25, for a total value of $130,772.50. Following the completion of the transaction, the senior vice president directly owned 43,579 shares of the company’s stock, valued at $1,971,949.75. The trade was a 6.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Jack Kienzler sold 5,132 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 value of $232,223.00. Following the completion of the transaction, the chief financial officer directly owned 75,804 shares of the company’s stock, valued at $3,430,131. This represents a 6.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 36,240 shares of company stock worth $1,639,860. Corporate insiders own 0.43% 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.