Atmus Filtration Technologies Inc. (NYSE:ATMU) Receives $59.75 Average Price Target from Analysts

Atmus Filtration Technologies Inc. (NYSE:ATMU) has been given an average recommendation of “Moderate Buy” by the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $59.75.

ATMU has been the subject of several recent analyst reports. Wells Fargo & Company increased their price objective on Atmus Filtration Technologies from $54.00 to $67.00 and gave the company an “equal weight” rating in a report on Tuesday, February 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atmus Filtration Technologies in a research report on Wednesday, January 21st. JPMorgan Chase & Co. increased their price target on shares of Atmus Filtration Technologies from $60.00 to $64.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Wall Street Zen raised shares of Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 14th. Finally, Robert W. Baird boosted their price objective on shares of Atmus Filtration Technologies from $59.00 to $69.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th.

Institutional Trading of Atmus Filtration Technologies

Institutional investors and hedge funds have recently bought and sold shares of the business. Jones Financial Companies Lllp lifted its position in shares of Atmus Filtration Technologies by 143.1% in the first 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 last quarter. Essex Investment Management Co. LLC acquired a new position in shares of Atmus Filtration Technologies during the 4th quarter worth approximately $37,000. PNC Financial Services Group Inc. raised its stake in Atmus Filtration Technologies by 87.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 849 shares of the company’s stock valued at $44,000 after acquiring an additional 397 shares during the period. Smartleaf Asset Management LLC raised its stake in Atmus Filtration Technologies by 1,498.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 959 shares of the company’s stock valued at $50,000 after acquiring an additional 899 shares during the period. Finally, Kemnay Advisory Services Inc. acquired a new stake in Atmus Filtration Technologies during the 4th quarter valued at $52,000. Institutional investors own 32.73% of the company’s stock.

Atmus Filtration Technologies Stock Performance

ATMU opened at $58.60 on Wednesday. The business’s 50-day simple moving average is $59.12 and its 200 day simple moving average is $51.38. Atmus Filtration Technologies has a 52-week low of $30.94 and a 52-week high of $66.50. 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 firm has a market capitalization of $4.78 billion, a PE ratio of 23.44, a PEG ratio of 2.78 and a beta of 1.48.

Atmus Filtration Technologies (NYSE:ATMU) last posted its quarterly 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. The firm had revenue of $446.60 million during 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 business’s revenue was up 9.8% compared to the same quarter last year. During the same period last year, the company earned $0.58 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. As a group, sell-side analysts expect that Atmus Filtration Technologies will post 2.52 earnings per share for the current fiscal year.

Atmus Filtration Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Friday, February 20th were issued 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 (DPR) 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.