Gretchen Haggerty Buys 1,973 Shares of Atmus Filtration Technologies (NYSE:ATMU) Stock

Atmus Filtration Technologies Inc. (NYSE:ATMU) Director Gretchen Haggerty purchased 1,973 shares of Atmus Filtration Technologies stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average cost of $55.74 per share, for a total transaction of $109,975.02. Following the completion of the transaction, the director directly owned 25,741 shares in the company, valued at $1,434,803.34. This represents a 8.30% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.

Atmus Filtration Technologies Stock Performance

Atmus Filtration Technologies stock opened at $54.00 on Friday. The stock’s 50 day moving average price is $59.05 and its 200 day moving average price is $56.13. The firm has a market capitalization of $4.41 billion, a PE ratio of 21.18, a price-to-earnings-growth ratio of 2.32 and a beta of 1.47. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.70 and a current ratio of 2.53. Atmus Filtration Technologies Inc. has a one year low of $34.58 and a one year high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU) last released its earnings results on Friday, May 1st. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.65 by $0.04. The company had revenue of $477.50 million during the quarter, compared to analysts’ expectations of $474.41 million. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.The business’s revenue was up 14.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.63 EPS. 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 Inc. will post 2.95 EPS for the current fiscal year.

Atmus Filtration Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 26th will be paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Tuesday, May 26th. Atmus Filtration Technologies’s dividend payout ratio is 8.63%.

Analyst Ratings Changes

Several research firms have recently commented on ATMU. Wells Fargo & Company reduced their target price on Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. Robert W. Baird reduced their target price on Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating for the company in a research note on Monday, May 4th. Citigroup reiterated an “outperform” rating on shares of Atmus Filtration Technologies in a research note on Wednesday, February 18th. Wall Street Zen lowered Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings lowered Atmus Filtration Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 7th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $56.75.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ATMU. Channing Capital Management LLC grew its stake in Atmus Filtration Technologies by 3,192.8% during the 3rd quarter. Channing Capital Management LLC now owns 1,715,015 shares of the company’s stock worth $77,330,000 after buying an additional 1,662,931 shares during the last quarter. Boston Trust Walden Corp bought a new position in Atmus Filtration Technologies during the 4th quarter worth $44,304,000. Arrowstreet Capital Limited Partnership grew its stake in Atmus Filtration Technologies by 193.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 999,548 shares of the company’s stock worth $56,744,000 after buying an additional 659,357 shares during the last quarter. First Trust Advisors LP grew its stake in Atmus Filtration Technologies by 39.5% during the 4th quarter. First Trust Advisors LP now owns 2,131,911 shares of the company’s stock worth $110,668,000 after buying an additional 603,954 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in Atmus Filtration Technologies by 14.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,677,884 shares of the company’s stock worth $242,830,000 after buying an additional 596,553 shares during the last quarter. 32.73% of the stock is currently owned by institutional investors.

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.