23,392 Shares in Atmus Filtration Technologies Inc. $ATMU Acquired by Fieldview Capital Management LLC

Fieldview Capital Management LLC purchased a new position in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 23,392 shares of the company’s stock, valued at approximately $1,214,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ATMU. Channing Capital Management LLC lifted its position 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 acquiring an additional 1,662,931 shares in the last quarter. Boston Trust Walden Corp acquired a new position in Atmus Filtration Technologies during the 4th quarter worth approximately $44,304,000. First Trust Advisors LP lifted its position 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 acquiring an additional 603,954 shares in the last quarter. Port Capital LLC acquired a new position in Atmus Filtration Technologies during the 3rd quarter worth approximately $19,409,000. Finally, Raymond James Financial Inc. lifted its position in Atmus Filtration Technologies by 41.7% during the 2nd quarter. Raymond James Financial Inc. now owns 949,950 shares of the company’s stock worth $34,597,000 after acquiring an additional 279,681 shares in the last quarter. 32.73% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Gretchen R. Haggerty purchased 1,973 shares of the stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of $55.74 per share, for a total transaction of $109,975.02. Following the acquisition, the director owned 25,741 shares of the company’s stock, valued at $1,434,803.34. The trade was a 8.30% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Stephanie Disher sold 25,652 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $45.25, for a total value of $1,160,753.00. Following the completion of the sale, the chief executive officer owned 363,024 shares of the company’s stock, valued at $16,426,836. This trade represents a 6.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 36,240 shares of company stock worth $1,639,860. Corporate insiders own 0.43% of the company’s stock.

Atmus Filtration Technologies Stock Performance

Shares of ATMU opened at $49.77 on Monday. The business’s 50 day moving average is $54.92 and its two-hundred day moving average is $56.28. Atmus Filtration Technologies Inc. has a 52-week low of $34.58 and a 52-week high of $66.50. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 2.13 and a beta of 1.25. The company has a quick ratio of 1.70, a current ratio of 2.53 and a debt-to-equity ratio of 2.47.

Atmus Filtration Technologies (NYSE:ATMU) last announced its earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.04. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.The company had revenue of $477.50 million for the quarter, compared to analyst estimates of $474.41 million. During the same period in the prior year, the company posted $0.63 EPS. Atmus Filtration Technologies’s quarterly revenue was up 14.6% on a year-over-year basis. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Analysts forecast that Atmus Filtration Technologies Inc. will post 2.95 EPS for the current fiscal year.

Atmus Filtration Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 26th were issued 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 was Tuesday, May 26th. Atmus Filtration Technologies’s payout ratio is 8.63%.

Analysts Set New Price Targets

Several research firms recently commented on ATMU. Zacks Research lowered Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Wells Fargo & Company cut their target price on Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 1st. Wall Street Zen lowered Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a research report on Sunday. Weiss Ratings lowered Atmus Filtration Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. Finally, Citigroup reaffirmed an “outperform” rating on shares of Atmus Filtration Technologies in a research report on Wednesday, February 18th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $62.67.

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.