Vanguard Group Inc. Has $359.57 Million Stake in Atmus Filtration Technologies Inc. $ATMU

Vanguard Group Inc. trimmed its position in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 2.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,974,443 shares of the company’s stock after selling 170,693 shares during the period. Vanguard Group Inc. owned 9.71% of Atmus Filtration Technologies worth $359,568,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in shares of Atmus Filtration Technologies by 20.8% during the second quarter. Geode Capital Management LLC now owns 2,365,362 shares of the company’s stock worth $86,154,000 after purchasing an additional 407,484 shares during the period. Hussman Strategic Advisors Inc. grew its position in Atmus Filtration Technologies by 33.3% in the second quarter. Hussman Strategic Advisors Inc. now owns 42,000 shares of the company’s stock worth $1,530,000 after acquiring an additional 10,500 shares in the last quarter. New York State Common Retirement Fund grew its position in Atmus Filtration Technologies by 1,589.1% in the third quarter. New York State Common Retirement Fund now owns 432,389 shares of the company’s stock worth $19,496,000 after acquiring an additional 406,790 shares in the last quarter. Federated Hermes Inc. increased its stake in shares of Atmus Filtration Technologies by 23.4% during the 3rd quarter. Federated Hermes Inc. now owns 281,892 shares of the company’s stock worth $12,711,000 after purchasing an additional 53,385 shares during the last quarter. Finally, Magnetar Financial LLC bought a new position in shares of Atmus Filtration Technologies during the 2nd quarter valued at $1,153,000. 32.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ATMU has been the subject of a number of recent research reports. Citigroup reiterated an “outperform” rating on shares of Atmus Filtration Technologies in a report on Wednesday, February 18th. Wells Fargo & Company boosted their price target on Atmus Filtration Technologies from $54.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 17th. JPMorgan Chase & Co. upped their price target on Atmus Filtration Technologies from $60.00 to $64.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Robert W. Baird increased their price objective on Atmus Filtration Technologies from $59.00 to $69.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Atmus Filtration Technologies in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $59.75.

Atmus Filtration Technologies Trading Down 0.6%

Shares of NYSE:ATMU opened at $64.24 on Friday. 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 stock’s 50-day moving average is $58.01 and its 200-day moving average is $50.60. The company has a market cap of $5.24 billion, a P/E ratio of 25.70, a P/E/G ratio of 2.91 and a beta of 1.56. Atmus Filtration Technologies Inc. has a 52-week low of $30.94 and a 52-week high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU) last posted its quarterly earnings data on Friday, February 13th. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.09. The business had revenue of $446.60 million during the quarter, compared to analysts’ expectations of $422.25 million. Atmus Filtration Technologies had a return on equity of 69.78% and a net margin of 11.76%.The firm’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.58 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Equities research analysts predict that Atmus Filtration Technologies Inc. will post 2.52 earnings per share for the current year.

Atmus Filtration Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Friday, February 20th will be issued a dividend of $0.055 per share. The ex-dividend date is Friday, February 20th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.3%. Atmus Filtration Technologies’s payout ratio is 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.