Atmus Filtration Technologies Inc. Declares Quarterly Dividend of $0.06 (NYSE:ATMU)

Atmus Filtration Technologies Inc. (NYSE:ATMU) announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Tuesday, May 26th will be given a dividend of 0.055 per share on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, May 26th.

Atmus Filtration Technologies has a dividend payout ratio of 8.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Atmus Filtration Technologies to earn $3.21 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 6.9%.

Atmus Filtration Technologies Price Performance

Shares of ATMU traded down $1.38 during trading hours on Wednesday, hitting $54.12. 1,167,561 shares of the company were exchanged, compared to its average volume of 1,082,375. The firm has a fifty day simple moving average of $59.45 and a 200-day simple moving average of $56.02. The company has a market capitalization of $4.42 billion, a PE ratio of 21.22, a PEG ratio of 2.42 and a beta of 1.47. Atmus Filtration Technologies has a one year low of $34.58 and a one year high of $66.50. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.53 and a quick ratio of 1.70.

Atmus Filtration Technologies (NYSE:ATMU) last released 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. The company had revenue of $477.50 million during the quarter, compared to analyst estimates of $474.41 million. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.The company’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.63 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. As a group, sell-side analysts predict that Atmus Filtration Technologies will post 2.95 earnings per share for the current year.

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.