UBS Group AG Acquires 224,474 Shares of Atmus Filtration Technologies Inc. $ATMU

UBS Group AG boosted its holdings in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 205.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 333,706 shares of the company’s stock after buying an additional 224,474 shares during the period. UBS Group AG’s holdings in Atmus Filtration Technologies were worth $17,323,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. California State Teachers Retirement System raised its holdings in Atmus Filtration Technologies by 0.3% during the second quarter. California State Teachers Retirement System now owns 83,277 shares of the company’s stock valued at $3,033,000 after buying an additional 236 shares in the last quarter. Verdence Capital Advisors LLC raised its holdings in Atmus Filtration Technologies by 2.1% during the third quarter. Verdence Capital Advisors LLC now owns 13,678 shares of the company’s stock valued at $626,000 after buying an additional 285 shares in the last quarter. GAMMA Investing LLC raised its holdings in Atmus Filtration Technologies by 14.7% during the fourth quarter. GAMMA Investing LLC now owns 2,223 shares of the company’s stock valued at $115,000 after buying an additional 285 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Atmus Filtration Technologies by 5.3% during the third 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 in the last quarter. Finally, Creative Planning raised its holdings in Atmus Filtration Technologies by 4.9% during the second quarter. Creative Planning now owns 6,688 shares of the company’s stock valued at $244,000 after buying an additional 312 shares in the last quarter. 32.73% of the stock is currently owned by institutional investors.

Atmus Filtration Technologies Trading Down 1.9%

Shares of Atmus Filtration Technologies stock opened at $55.51 on Wednesday. Atmus Filtration Technologies Inc. has a 1 year low of $34.58 and a 1 year high of $66.50. The company’s fifty day simple moving average is $59.45 and its 200-day simple moving average is $56.02. The company has a market cap of $4.53 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 2.42 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 quarterly earnings results on Friday, May 1st. The company reported $0.69 earnings per share for the quarter, beating 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 business’s revenue was up 14.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. As a group, sell-side analysts expect that Atmus Filtration Technologies Inc. will post 2.95 EPS for the current year.

Analyst Ratings Changes

ATMU has been the topic of several recent research reports. Wells Fargo & Company cut their target price on Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 1st. Weiss Ratings downgraded shares of Atmus Filtration Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. cut their target price on shares of Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Robert W. Baird lowered their price target on Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating on the stock in a research report on Monday, May 4th. Finally, Wall Street Zen lowered Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research note on Sunday. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $56.75.

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.