Quantbot Technologies LP Has $2.16 Million Stock Position in Atmus Filtration Technologies Inc. $ATMU

Quantbot Technologies LP lessened its stake in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 31.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 47,973 shares of the company’s stock after selling 22,170 shares during the quarter. Quantbot Technologies LP’s holdings in Atmus Filtration Technologies were worth $2,163,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ATMU. Jones Financial Companies Lllp boosted its holdings in shares of Atmus Filtration Technologies by 143.1% during the 1st quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock valued at $26,000 after acquiring an additional 412 shares in the last quarter. Bessemer Group Inc. raised its position in Atmus Filtration Technologies by 31.4% in the second quarter. Bessemer Group Inc. now owns 1,138 shares of the company’s stock valued at $42,000 after purchasing an additional 272 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Atmus Filtration Technologies by 93.6% during the second quarter. Geneos Wealth Management Inc. now owns 1,332 shares of the company’s stock valued at $49,000 after purchasing an additional 644 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of Atmus Filtration Technologies by 54.8% during the second quarter. Osaic Holdings Inc. now owns 2,471 shares of the company’s stock valued at $90,000 after purchasing an additional 875 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of Atmus Filtration Technologies during the first quarter worth about $121,000. 32.73% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Robert W. Baird raised their price objective on shares of Atmus Filtration Technologies from $59.00 to $69.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Citigroup restated an “outperform” rating on shares of Atmus Filtration Technologies in a research report on Wednesday, February 18th. Wells Fargo & Company raised their price target on shares of Atmus Filtration Technologies from $54.00 to $67.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. boosted their price objective on shares of Atmus Filtration Technologies from $60.00 to $64.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Finally, Wall Street Zen upgraded Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $59.75.

Atmus Filtration Technologies Stock Down 4.3%

Shares of NYSE ATMU opened at $62.78 on Wednesday. The company’s 50 day moving average price is $58.64 and its 200-day moving average price is $51.12. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.66 and a current ratio of 2.42. Atmus Filtration Technologies Inc. has a 52-week low of $30.94 and a 52-week high of $66.50. The company has a market capitalization of $5.12 billion, a P/E ratio of 25.11, a price-to-earnings-growth ratio of 2.95 and a beta of 1.48.

Atmus Filtration Technologies (NYSE:ATMU) last announced its earnings results on Friday, February 13th. The company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.09. The business had revenue of $446.60 million during the quarter, compared to the consensus estimate of $422.25 million. Atmus Filtration Technologies had a net margin of 11.76% and a return on equity of 69.78%. Atmus Filtration Technologies’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.58 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Equities analysts forecast 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 disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Friday, February 20th will be paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Friday, February 20th. Atmus Filtration Technologies’s payout ratio is currently 8.80%.

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.