Atmus Filtration Technologies (NYSE:ATMU) CEO Sells 25,652 Shares

Atmus Filtration Technologies Inc. (NYSE:ATMU) CEO Stephanie Disher sold 25,652 shares of the company’s 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 sale, the chief executive officer owned 363,024 shares of the company’s stock, valued at $16,426,836. This represents a 6.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Atmus Filtration Technologies Trading Up 3.3%

ATMU traded up $1.49 during midday trading on Tuesday, reaching $47.19. 960,961 shares of the company were exchanged, compared to its average volume of 1,057,404. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.70 and a current ratio of 2.53. Atmus Filtration Technologies Inc. has a one year low of $34.58 and a one year high of $66.50. The stock has a market capitalization of $3.85 billion, a P/E ratio of 18.51, a PEG ratio of 2.00 and a beta of 1.47. The stock’s 50-day simple moving average is $56.77 and its 200 day simple moving average is $56.29.

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, topping analysts’ consensus estimates of $0.65 by $0.04. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.The firm had revenue of $477.50 million for the quarter, compared to analysts’ expectations of $474.41 million. During the same quarter last year, the business earned $0.63 earnings per share. The company’s 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. As a group, analysts forecast that Atmus Filtration Technologies Inc. will post 2.95 earnings per share for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

The business also recently announced 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. The ex-dividend date is Tuesday, May 26th. This represents a $0.22 dividend on an annualized basis and a yield of 0.5%. Atmus Filtration Technologies’s dividend payout ratio (DPR) is 8.63%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ATMU shares. Weiss Ratings upgraded Atmus Filtration Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, May 26th. JPMorgan Chase & Co. dropped their target price 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. Zacks Research cut Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Citigroup reiterated an “outperform” rating on shares of Atmus Filtration Technologies in a research note on Wednesday, February 18th. Finally, Wells Fargo & Company dropped their price objective on Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 1st. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $62.67.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Channing Capital Management LLC boosted its stake in Atmus Filtration Technologies by 3,192.8% in the 3rd quarter. Channing Capital Management LLC now owns 1,715,015 shares of the company’s stock valued at $77,330,000 after purchasing an additional 1,662,931 shares during the period. Boston Trust Walden Corp bought a new stake in Atmus Filtration Technologies in the 4th quarter valued at $44,304,000. Arrowstreet Capital Limited Partnership boosted its stake in Atmus Filtration Technologies by 193.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 999,548 shares of the company’s stock valued at $56,744,000 after purchasing an additional 659,357 shares during the period. First Trust Advisors LP boosted its stake in Atmus Filtration Technologies by 39.5% in the 4th quarter. First Trust Advisors LP now owns 2,131,911 shares of the company’s stock valued at $110,668,000 after purchasing an additional 603,954 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in Atmus Filtration Technologies by 14.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,677,884 shares of the company’s stock valued at $242,830,000 after purchasing an additional 596,553 shares during the period. 32.73% of the stock is owned by institutional investors and hedge funds.

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.