Tema Etfs LLC Acquires 33,196 Shares of Atmus Filtration Technologies Inc. $ATMU

Tema Etfs LLC lifted its holdings in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 58.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,857 shares of the company’s stock after acquiring an additional 33,196 shares during the quarter. Tema Etfs LLC’s holdings in Atmus Filtration Technologies were worth $4,664,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Atmus Filtration Technologies by 10.2% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,451 shares of the company’s stock worth $335,000 after purchasing an additional 599 shares during the period. SG Americas Securities LLC grew its position in Atmus Filtration Technologies by 35.1% during the fourth quarter. SG Americas Securities LLC now owns 44,357 shares of the company’s stock valued at $2,303,000 after buying an additional 11,534 shares during the period. Assenagon Asset Management S.A. increased its holdings in Atmus Filtration Technologies by 66.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 634,588 shares of the company’s stock worth $32,941,000 after buying an additional 252,338 shares during the last quarter. Diversified Trust Co. bought a new stake in Atmus Filtration Technologies in the fourth quarter worth about $301,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in Atmus Filtration Technologies by 6.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,380 shares of the company’s stock worth $346,000 after acquiring an additional 359 shares during the period. 32.73% of the stock is currently owned by institutional investors.

Atmus Filtration Technologies Price Performance

Shares of NYSE:ATMU opened at $58.13 on Thursday. The firm has a market capitalization of $4.74 billion, a PE ratio of 23.25, a P/E/G ratio of 2.55 and a beta of 1.48. The company has a quick ratio of 1.66, a current ratio of 2.42 and a debt-to-equity ratio of 1.43. The company has a 50-day moving average price of $60.22 and a two-hundred day moving average price of $53.03. Atmus Filtration Technologies Inc. has a twelve month low of $30.94 and a twelve month high of $66.50.

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

Atmus Filtration Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Friday, February 20th were issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Friday, February 20th. Atmus Filtration Technologies’s dividend payout ratio (DPR) is presently 8.80%.

Analyst Ratings Changes

A number of research firms have recently weighed in on ATMU. JPMorgan Chase & Co. reduced their target price on shares of Atmus Filtration Technologies from $73.00 to $70.00 and set an “overweight” rating for the company in a research report on Wednesday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atmus Filtration Technologies in a report on Wednesday, January 21st. Robert W. Baird dropped their price objective on Atmus Filtration Technologies from $69.00 to $66.00 and set an “outperform” rating on the stock in a research note on Monday. Citigroup reissued an “outperform” rating on shares of Atmus Filtration Technologies in a report on Wednesday, February 18th. Finally, Wall Street Zen raised Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Atmus Filtration Technologies currently has an average rating of “Moderate Buy” and an average target price of $58.25.

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.