Knights of Columbus Asset Advisors LLC Invests $1.31 Million in Atmus Filtration Technologies Inc. $ATMU

Knights of Columbus Asset Advisors LLC acquired a new stake in Atmus Filtration Technologies Inc. (NYSE:ATMU) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 25,217 shares of the company’s stock, valued at approximately $1,309,000.

A number of other institutional investors have also recently made changes to their positions in ATMU. California State Teachers Retirement System increased its stake in Atmus Filtration Technologies by 0.3% during the 2nd quarter. California State Teachers Retirement System now owns 83,277 shares of the company’s stock worth $3,033,000 after buying an additional 236 shares during the period. GAMMA Investing LLC lifted its holdings in Atmus Filtration Technologies by 14.7% during the 4th quarter. GAMMA Investing LLC now owns 2,223 shares of the company’s stock worth $115,000 after buying an additional 285 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Atmus Filtration Technologies by 5.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,021 shares of the company’s stock valued at $266,000 after buying an additional 301 shares during the period. Creative Planning grew its stake in shares of Atmus Filtration Technologies by 4.9% in the second quarter. Creative Planning now owns 6,688 shares of the company’s stock worth $244,000 after acquiring an additional 312 shares in the last quarter. Finally, Arizona State Retirement System grew its stake in shares of Atmus Filtration Technologies by 1.4% in the third quarter. Arizona State Retirement System now owns 24,461 shares of the company’s stock worth $1,103,000 after acquiring an additional 336 shares in the last quarter. Institutional investors and hedge funds own 32.73% of the company’s stock.

Atmus Filtration Technologies Price Performance

Shares of ATMU opened at $47.74 on Friday. Atmus Filtration Technologies Inc. has a twelve month low of $34.58 and a twelve month high of $66.50. The firm’s fifty day simple moving average is $57.19 and its 200-day simple moving average is $56.34. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 2.11 and a beta of 1.47. 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 (NYSE:ATMU) last issued its earnings results on Friday, May 1st. The company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.04. The firm had revenue of $477.50 million during the quarter, compared to the consensus estimate of $474.41 million. Atmus Filtration Technologies had a net margin of 11.56% and a return on equity of 64.29%. The company’s revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.63 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 2.95 EPS for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ATMU. Wall Street Zen cut Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research note on Sunday, May 10th. Weiss Ratings raised Atmus Filtration Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday. Robert W. Baird cut their price target on Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating on the stock in a report on Monday, May 4th. JPMorgan Chase & Co. reduced their price target on Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. Finally, Wells Fargo & Company decreased their price objective on Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $62.67.

Insider Activity

In other Atmus Filtration Technologies news, Director Gretchen R. Haggerty acquired 1,973 shares of the stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of $55.74 per share, with a total value of $109,975.02. Following the transaction, the director owned 25,741 shares in the company, valued at $1,434,803.34. The trade was a 8.30% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.43% of the company’s stock.

About Atmus Filtration Technologies

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.