Royce & Associates LP Trims Stake in Atmus Filtration Technologies Inc. $ATMU

Royce & Associates LP trimmed its stake in Atmus Filtration Technologies Inc. (NYSE:ATMU) by 3.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 650,072 shares of the company’s stock after selling 22,948 shares during the quarter. Royce & Associates LP’s holdings in Atmus Filtration Technologies were worth $29,312,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ATMU. Okabena Investment Services Inc. raised its stake in Atmus Filtration Technologies by 25.1% in the 3rd quarter. Okabena Investment Services Inc. now owns 16,500 shares of the company’s stock valued at $744,000 after purchasing an additional 3,314 shares during the last quarter. Jag Capital Management LLC acquired a new stake in shares of Atmus Filtration Technologies during the 3rd quarter worth about $215,000. Channing Capital Management LLC grew its holdings in shares of Atmus Filtration Technologies by 3,192.8% during the third 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 in the last quarter. Advyzon Investment Management LLC purchased a new stake in shares of Atmus Filtration Technologies during the third quarter worth about $204,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of Atmus Filtration Technologies in the third quarter valued at approximately $264,000. Institutional investors and hedge funds own 32.73% of the company’s stock.

Atmus Filtration Technologies Stock Performance

NYSE ATMU opened at $64.48 on Monday. The company has a debt-to-equity ratio of 1.43, a current ratio of 2.42 and a quick ratio of 1.66. Atmus Filtration Technologies Inc. has a 1-year low of $30.94 and a 1-year high of $66.50. The firm has a market capitalization of $5.26 billion, a P/E ratio of 25.79, a P/E/G ratio of 2.90 and a beta of 1.48. The business’s 50-day simple moving average is $58.23 and its 200-day simple moving average is $50.84.

Atmus Filtration Technologies (NYSE:ATMU) last posted its quarterly earnings results on Friday, February 13th. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. The firm had revenue of $446.60 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.58 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Equities analysts predict that Atmus Filtration Technologies Inc. will post 2.52 EPS for the current year.

Atmus Filtration Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Friday, February 20th will be given a $0.055 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $0.22 annualized dividend and a yield of 0.3%. Atmus Filtration Technologies’s dividend payout ratio (DPR) is 8.80%.

Wall Street Analyst Weigh In

Several research firms have commented on ATMU. JPMorgan Chase & Co. lifted their target price 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. Robert W. Baird upped their target price on Atmus Filtration Technologies from $59.00 to $69.00 and gave the company an “outperform” rating in a research note on Wednesday, February 18th. Zacks Research raised Atmus Filtration Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. Wall Street Zen raised shares of Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 14th. Finally, Citigroup reiterated an “outperform” rating on shares of Atmus Filtration Technologies in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $59.75.

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.