16,265 Shares in Atmus Filtration Technologies Inc. $ATMU Acquired by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co bought a new stake in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,265 shares of the company’s stock, valued at approximately $733,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ATMU. Jones Financial Companies Lllp raised its position in Atmus Filtration Technologies by 143.1% in the first quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock worth $26,000 after acquiring an additional 412 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Atmus Filtration Technologies by 93.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,332 shares of the company’s stock valued at $49,000 after acquiring an additional 644 shares during the period. Osaic Holdings Inc. increased its stake in shares of Atmus Filtration Technologies by 54.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,471 shares of the company’s stock worth $90,000 after purchasing an additional 875 shares in the last quarter. Strs Ohio purchased a new stake in shares of Atmus Filtration Technologies in the 1st quarter worth $121,000. Finally, Bessemer Group Inc. raised its holdings in Atmus Filtration Technologies by 224.1% in the 3rd quarter. Bessemer Group Inc. now owns 3,688 shares of the company’s stock worth $166,000 after purchasing an additional 2,550 shares during the period. 32.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ATMU. Zacks Research upgraded Atmus Filtration Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 25th. Wall Street Zen upgraded Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 14th. Robert W. Baird raised their price objective on Atmus Filtration Technologies from $59.00 to $69.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atmus Filtration Technologies in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. boosted their price objective on Atmus Filtration Technologies from $60.00 to $64.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. One 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 stock. Based on data from MarketBeat, Atmus Filtration Technologies has an average rating of “Moderate Buy” and an average target price of $59.75.

Atmus Filtration Technologies Stock Performance

Shares of NYSE:ATMU opened at $58.60 on Friday. Atmus Filtration Technologies Inc. has a 52 week low of $30.94 and a 52 week high of $66.50. The stock has a market capitalization of $4.78 billion, a P/E ratio of 23.44, a PEG ratio of 2.78 and a beta of 1.48. The firm has a fifty day simple moving average of $59.12 and a two-hundred day simple moving average of $51.38. 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 announced its earnings results on Friday, February 13th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.09. Atmus Filtration Technologies had a net margin of 11.76% and a return on equity of 69.78%. The firm had revenue of $446.60 million for the quarter, compared to analysts’ expectations of $422.25 million. During the same period in the prior year, the company earned $0.58 EPS. The business’s revenue was up 9.8% compared to the same quarter last year. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. On average, analysts expect that Atmus Filtration Technologies Inc. will post 2.52 earnings per share for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Friday, February 20th were given a dividend of $0.055 per share. The ex-dividend date was Friday, February 20th. This represents a $0.22 dividend on an annualized basis and a yield of 0.4%. Atmus Filtration Technologies’s dividend payout ratio is 8.80%.

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.