Aberdeen Group plc Cuts Position in Atmus Filtration Technologies Inc. $ATMU

Aberdeen Group plc trimmed its position in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 5.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 400,699 shares of the company’s stock after selling 23,522 shares during the quarter. Aberdeen Group plc owned about 0.49% of Atmus Filtration Technologies worth $20,800,000 at the end of the most recent reporting period.

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

More Atmus Filtration Technologies News

Here are the key news stories impacting Atmus Filtration Technologies this week:

• Positive Sentiment: S&P SmallCap 600 inclusion announced — Inclusion into the S&P SmallCap 600 boosts index-driven demand, visibility and liquidity, which likely caused the recent surge in ATMU shares and can support further upward pressure as index funds and ETFs rebalance. Atmus Filtration stock surges on S&P SmallCap 600 inclusion
• Positive Sentiment: Northland Securities raised near-term and FY2027 EPS outlook — Analyst B. Brooks published quarterly estimates (Q1: $0.68; Q2: $0.89; Q3: $0.84; Q4: $0.85) and lifted FY2027 to $3.20, well above the current consensus cited (~$2.52). Higher analyst forecasts can lift investor expectations for earnings beats and re-rate the stock if results align. MarketBeat – Northland estimates
• Neutral Sentiment: JPMorgan trims price target but keeps an Overweight rating — JPM lowered its target from $73 to $70 while maintaining an overweight stance, signaling continued confidence in the thesis but slightly reduced upside expectations; this is mildly offsetting the bullish index/investment flows. Benzinga
• Negative Sentiment: Wells Fargo lowers expectations for ATMU — A note/article indicating reduced expectations from Wells Fargo can weigh on sentiment, particularly among investors who follow institutional shop guidance; this introduces downside risk if other analysts follow suit. Wells Fargo & Company Has Lowered Expectations for Atmus Filtration Technologies (NYSE:ATMU) Stock Price

Analysts Set New Price Targets

ATMU has been the subject of a number of research reports. Robert W. Baird decreased their target price on Atmus Filtration Technologies from $69.00 to $66.00 and set an “outperform” rating for the company in a report on Monday, March 30th. JPMorgan Chase & Co. cut their price target on shares of Atmus Filtration Technologies from $73.00 to $70.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Zacks Research raised shares of Atmus Filtration Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th. Wells Fargo & Company cut their price target on Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 1st. Finally, Wall Street Zen upgraded Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Atmus Filtration Technologies currently has an average rating of “Moderate Buy” and an average target price of $58.25.

Atmus Filtration Technologies Stock Performance

Shares of NYSE ATMU opened at $57.65 on Monday. The company has a market capitalization of $4.71 billion, a PE ratio of 23.06, a price-to-earnings-growth ratio of 2.59 and a beta of 1.58. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.66 and a current ratio of 2.42. The company’s fifty day moving average price is $60.24 and its 200 day moving average price is $53.24. Atmus Filtration Technologies Inc. has a 1 year low of $30.94 and a 1 year high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU) last released its quarterly earnings data 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. The company had revenue of $446.60 million during the quarter, compared to analysts’ expectations of $422.25 million. Atmus Filtration Technologies had a net margin of 11.76% and a return on equity of 69.78%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.58 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. On average, research analysts predict that Atmus Filtration Technologies Inc. will post 2.52 earnings per share for the current year.

Atmus Filtration Technologies Dividend Announcement

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

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.