Atmus Filtration Technologies Inc. (NYSE:ATMU) Receives $59.75 Average PT from Brokerages

Shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) have been given an average rating of “Moderate Buy” by the seven analysts that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $59.00.

ATMU has been the subject of several research analyst reports. Wells Fargo & Company lifted their price objective 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. Weiss Ratings restated a “buy (b-)” rating on shares of Atmus Filtration Technologies in a research note on Wednesday, January 21st. Wall Street Zen raised shares of Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. Robert W. Baird reduced their price target on shares of Atmus Filtration Technologies from $69.00 to $66.00 and set an “outperform” rating for the company in a research note on Monday. Finally, Zacks Research raised shares of Atmus Filtration Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ATMU. Ieq Capital LLC grew its stake in shares of Atmus Filtration Technologies by 3.4% during the 4th quarter. Ieq Capital LLC now owns 5,530 shares of the company’s stock valued at $287,000 after purchasing an additional 182 shares during the period. California State Teachers Retirement System increased its position in shares of 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 valued at $3,033,000 after purchasing an additional 236 shares during the last quarter. Verdence Capital Advisors LLC lifted its stake in shares of Atmus Filtration Technologies by 2.1% in the 3rd quarter. Verdence Capital Advisors LLC now owns 13,678 shares of the company’s stock worth $626,000 after purchasing an additional 285 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Atmus Filtration Technologies by 14.7% in the fourth quarter. GAMMA Investing LLC now owns 2,223 shares of the company’s stock worth $115,000 after buying an additional 285 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position 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 during the period. Institutional investors own 32.73% of the company’s stock.

Atmus Filtration Technologies Price Performance

Shares of NYSE ATMU opened at $56.70 on Friday. Atmus Filtration Technologies has a twelve month low of $30.94 and a twelve month high of $66.50. The firm has a market cap of $4.62 billion, a P/E ratio of 22.68, a PEG ratio of 2.47 and a beta of 1.48. The company has a 50 day moving average of $60.20 and a 200 day moving average of $53.00. The company has a quick ratio of 1.66, a current ratio of 2.42 and a debt-to-equity ratio of 1.43.

Atmus Filtration Technologies (NYSE:ATMU) last issued its earnings results on Friday, February 13th. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. The business had revenue of $446.60 million for the quarter, compared to the consensus estimate of $422.25 million. Atmus Filtration Technologies had a return on equity of 69.78% and a net margin of 11.76%.The company’s revenue was up 9.8% compared to the same quarter last year. During the same period last year, the business posted $0.58 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. As a group, research analysts expect that Atmus Filtration Technologies will post 2.52 EPS for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

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

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.