Tudor Investment Corp ET AL Takes Position in Atmus Filtration Technologies Inc. $ATMU

Tudor Investment Corp ET AL bought a new stake in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 28,343 shares of the company’s stock, valued at approximately $1,278,000.

Several other institutional investors and hedge funds have also bought and sold shares of ATMU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Atmus Filtration Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,874 shares of the company’s stock valued at $1,832,000 after purchasing an additional 2,176 shares in the last quarter. Millennium Management LLC boosted its position in shares of Atmus Filtration Technologies by 17.5% during the 1st quarter. Millennium Management LLC now owns 219,639 shares of the company’s stock worth $8,067,000 after purchasing an additional 32,727 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Atmus Filtration Technologies by 143.1% in the 1st quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock valued at $26,000 after buying an additional 412 shares during the period. Caxton Associates LLP acquired a new stake in shares of Atmus Filtration Technologies in the 1st quarter valued at about $283,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Atmus Filtration Technologies by 2.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 159,638 shares of the company’s stock valued at $5,864,000 after buying an additional 3,419 shares in the last quarter. 32.73% of the stock is owned by institutional investors.

Atmus Filtration Technologies Stock Performance

Shares of ATMU opened at $58.07 on Monday. The firm has a market capitalization of $4.73 billion, a P/E ratio of 23.23, a P/E/G ratio of 2.61 and a beta of 1.48. Atmus Filtration Technologies Inc. has a 52 week low of $30.94 and a 52 week high of $66.50. The stock has a 50 day moving average price of $60.22 and a two-hundred day moving average price of $52.87. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.66 and a current ratio of 2.42.

Atmus Filtration Technologies (NYSE:ATMU) last posted its earnings results on Friday, February 13th. The company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Atmus Filtration Technologies had a return on equity of 69.78% and a net margin of 11.76%.The company had revenue of $446.60 million for the quarter, compared to analyst estimates of $422.25 million. During the same quarter last year, the company earned $0.58 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. 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 earnings per share for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on ATMU shares. JPMorgan Chase & Co. increased their price target on Atmus Filtration Technologies from $60.00 to $64.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Robert W. Baird boosted their price objective on Atmus Filtration Technologies from $59.00 to $69.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Zacks Research raised Atmus Filtration Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 25th. Wells Fargo & Company increased their target price on Atmus Filtration Technologies from $54.00 to $67.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 17th. Finally, Citigroup reissued an “outperform” rating on shares of Atmus Filtration Technologies in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Atmus Filtration Technologies has a consensus rating of “Moderate Buy” and an average target price of $59.75.

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.