Atmus Filtration Technologies Inc. $ATMU Shares Acquired by Eminence Capital LP

Eminence Capital LP raised its holdings in Atmus Filtration Technologies Inc. (NYSE:ATMU) by 1.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,522,404 shares of the company’s stock after acquiring an additional 73,411 shares during the period. Atmus Filtration Technologies accounts for 3.6% of Eminence Capital LP’s portfolio, making the stock its 5th largest position. Eminence Capital LP owned about 0.08% of Atmus Filtration Technologies worth $294,095,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of ATMU. Jones Financial Companies Lllp boosted its position in shares of Atmus Filtration Technologies by 143.1% in the first quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock valued at $26,000 after acquiring an additional 412 shares during the period. Geneos Wealth Management Inc. increased its position in Atmus Filtration Technologies by 93.6% during the second quarter. Geneos Wealth Management Inc. now owns 1,332 shares of the company’s stock worth $49,000 after acquiring an additional 644 shares during the period. Osaic Holdings Inc. raised its stake in Atmus Filtration Technologies by 54.8% during the 2nd quarter. Osaic Holdings Inc. now owns 2,471 shares of the company’s stock valued at $90,000 after purchasing an additional 875 shares during the last quarter. Strs Ohio bought a new stake in Atmus Filtration Technologies in the 1st quarter valued at $121,000. Finally, Bessemer Group Inc. grew its position in Atmus Filtration Technologies by 224.1% in the 3rd quarter. Bessemer Group Inc. now owns 3,688 shares of the company’s stock worth $166,000 after purchasing an additional 2,550 shares during the last quarter. 32.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ATMU shares. Wall Street Zen raised shares of Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 14th. Citigroup reissued an “outperform” rating on shares of Atmus Filtration Technologies in a research report on Wednesday, February 18th. JPMorgan Chase & Co. boosted their price target on Atmus Filtration Technologies from $60.00 to $64.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Robert W. Baird upped their price target on Atmus Filtration Technologies from $59.00 to $69.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Finally, Wells Fargo & Company lifted their price objective on Atmus Filtration Technologies from $54.00 to $67.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.75.

Atmus Filtration Technologies Trading Down 0.9%

Shares of ATMU opened at $56.49 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.66 and a debt-to-equity ratio of 1.43. The stock has a market cap of $4.60 billion, a PE ratio of 22.60, a PEG ratio of 2.54 and a beta of 1.48. Atmus Filtration Technologies Inc. has a 1 year low of $30.94 and a 1 year high of $66.50. The stock has a 50 day simple moving average of $59.65 and a 200-day simple moving average of $51.93.

Atmus Filtration Technologies (NYSE:ATMU) last announced its quarterly earnings results on Friday, February 13th. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. Atmus Filtration Technologies had a return on equity of 69.78% and a net margin of 11.76%.The business had revenue of $446.60 million for the quarter, compared to analyst estimates of $422.25 million. During the same quarter in the previous year, the firm earned $0.58 EPS. Atmus Filtration Technologies’s quarterly revenue was up 9.8% on a year-over-year basis. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. On average, sell-side analysts predict that Atmus Filtration Technologies Inc. will post 2.52 EPS for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Friday, February 20th were paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Friday, February 20th. Atmus Filtration Technologies’s payout ratio is currently 8.80%.

Atmus Filtration Technologies 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.