Atmus Filtration Technologies Inc. $ATMU Shares Sold by Yost Capital Management LP

Yost Capital Management LP lowered its position in Atmus Filtration Technologies Inc. (NYSE:ATMU) by 26.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 109,000 shares of the company’s stock after selling 40,000 shares during the period. Atmus Filtration Technologies comprises approximately 8.2% of Yost Capital Management LP’s holdings, making the stock its 6th largest position. Yost Capital Management LP’s holdings in Atmus Filtration Technologies were worth $5,658,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Verition Fund Management LLC lifted its position in Atmus Filtration Technologies by 23.0% in the fourth quarter. Verition Fund Management LLC now owns 67,992 shares of the company’s stock valued at $3,529,000 after purchasing an additional 12,704 shares during the period. Panagora Asset Management Inc. lifted its position in Atmus Filtration Technologies by 221.8% in the fourth quarter. Panagora Asset Management Inc. now owns 175,146 shares of the company’s stock valued at $9,092,000 after purchasing an additional 120,727 shares during the period. Mariner LLC lifted its position in Atmus Filtration Technologies by 56.6% in the fourth quarter. Mariner LLC now owns 8,075 shares of the company’s stock valued at $419,000 after purchasing an additional 2,919 shares during the period. Medina Value Partners LLC lifted its position in Atmus Filtration Technologies by 1.5% in the fourth quarter. Medina Value Partners LLC now owns 512,260 shares of the company’s stock valued at $26,591,000 after purchasing an additional 7,440 shares during the period. Finally, Fieldview Capital Management LLC acquired a new stake in Atmus Filtration Technologies in the fourth quarter valued at about $1,214,000. Institutional investors and hedge funds own 32.73% of the company’s stock.

Atmus Filtration Technologies Trading Down 0.1%

Shares of Atmus Filtration Technologies stock opened at $49.77 on Monday. Atmus Filtration Technologies Inc. has a 12-month low of $34.58 and a 12-month high of $66.50. The company has a current ratio of 2.53, a quick ratio of 1.70 and a debt-to-equity ratio of 2.47. The stock has a market cap of $4.06 billion, a PE ratio of 19.52, a price-to-earnings-growth ratio of 2.13 and a beta of 1.25. The company has a 50-day moving average of $54.92 and a two-hundred day moving average of $56.28.

Atmus Filtration Technologies (NYSE:ATMU) last issued its earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.04. Atmus Filtration Technologies had a net margin of 11.56% and a return on equity of 64.29%. The company had revenue of $477.50 million during the quarter, compared to analysts’ expectations of $474.41 million. During the same period last year, the company posted $0.63 earnings per share. The firm’s quarterly revenue 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. On average, research analysts anticipate that Atmus Filtration Technologies Inc. will post 2.95 EPS for the current fiscal year.

Atmus Filtration Technologies Announces Dividend

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

Insider Buying and Selling

In other Atmus Filtration Technologies news, CEO Stephanie Disher sold 25,652 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $45.25, for a total value of $1,160,753.00. Following the completion of the transaction, the chief executive officer directly owned 363,024 shares of the company’s stock, valued at approximately $16,426,836. This trade represents a 6.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through 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 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 transaction of $232,223.00. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 36,240 shares of company stock valued at $1,639,860 in the last 90 days. 0.43% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ATMU has been the subject of a number of recent analyst reports. Wall Street Zen downgraded shares of Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a research report on Sunday. Wells Fargo & Company dropped their target price on shares of 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. Weiss Ratings cut shares of Atmus Filtration Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Zacks Research cut shares of Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Robert W. Baird dropped 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 report on Monday, May 4th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $62.67.

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.