Key Points
- Insider sale: Renee Swan sold 3,870 Atmus Filtration Technologies shares for approximately $196,944 to cover tax withholding tied to vested equity awards, reducing her holdings by 7.63% to 46,875 shares.
- Solid quarterly results: Atmus reported quarterly EPS of $0.82, beating estimates of $0.78, while revenue rose 16.5% year over year to $527.9 million. The company issued fiscal 2026 EPS guidance of $2.85–$3.00.
- Market outlook: Shares opened at $50.00, below the analyst consensus target of $62.00. Analysts maintain a “Moderate Buy” consensus, while the company announced a quarterly dividend of $0.06 per share.
Atmus Filtration Technologies Inc. (NYSE:ATMU - Get Free Report) insider Renee Swan sold 3,870 shares of Atmus Filtration Technologies stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $50.89, for a total value of $196,944.30. Following the completion of the transaction, the insider owned 46,875 shares of the company's stock, valued at $2,385,468.75. This trade represents a 7.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Renee Swan also recently made the following trade(s):
- On Monday, June 1st, Renee Swan sold 2,566 shares of Atmus Filtration Technologies stock. The shares were sold at an average price of $45.25, for a total value of $116,111.50.
Atmus Filtration Technologies Trading Down 2.2%
Shares of NYSE ATMU opened at $50.00 on Wednesday. The company has a quick ratio of 1.83, a current ratio of 2.65 and a debt-to-equity ratio of 2.18. The stock's 50 day moving average price is $51.38 and its two-hundred day moving average price is $55.60. Atmus Filtration Technologies Inc. has a 52-week low of $41.82 and a 52-week high of $66.50. The stock has a market capitalization of $4.08 billion, a P/E ratio of 19.16, a PEG ratio of 2.17 and a beta of 1.19.
Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last issued its earnings results on Friday, August 7th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.78 by $0.04. Atmus Filtration Technologies had a return on equity of 59.85% and a net margin of 11.32%.The company had revenue of $527.90 million during the quarter, compared to analyst estimates of $507.02 million. During the same quarter last year, the firm earned $0.75 EPS. The business's revenue was up 16.5% on a year-over-year basis. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. On average, analysts anticipate that Atmus Filtration Technologies Inc. will post 2.97 earnings per share for the current fiscal year.
Atmus Filtration Technologies Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Thursday, August 27th will be issued a $0.06 dividend. This is a boost from Atmus Filtration Technologies's previous quarterly dividend of $0.06. This represents a $0.24 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 27th. Atmus Filtration Technologies's dividend payout ratio is presently 8.43%.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on ATMU. Wells Fargo & Company started coverage on shares of Atmus Filtration Technologies in a report on Monday, August 3rd. They set an "equal weight" rating and a $56.00 target price on the stock. JPMorgan Chase & Co. decreased their price target on shares of Atmus Filtration Technologies from $70.00 to $67.00 and set an "overweight" rating for the company in a report on Monday, May 4th. Robert W. Baird decreased their price target on shares of Atmus Filtration Technologies from $66.00 to $63.00 and set an "outperform" rating for the company in a report on Monday, May 4th. Wall Street Zen downgraded shares of Atmus Filtration Technologies from a "buy" rating to a "hold" rating in a research report on Sunday, June 14th. Finally, Weiss Ratings upgraded shares of Atmus Filtration Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, August 11th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $62.00.
Get Our Latest Research Report on Atmus Filtration Technologies
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Livforsakringsbolaget Skandia Omsesidigt bought a new position in Atmus Filtration Technologies during the 2nd quarter worth $3,141,000. United Capital Financial Advisors LLC bought a new stake in Atmus Filtration Technologies in the second quarter valued at $1,037,000. Public Employees Retirement System of Ohio acquired a new position in shares of Atmus Filtration Technologies during the second quarter valued at $3,059,000. Bank of America Corp DE acquired a new position in shares of Atmus Filtration Technologies during the second quarter valued at $24,715,000. Finally, Port Capital LLC bought a new position in shares of Atmus Filtration Technologies during the second quarter worth about $52,739,000. Institutional investors and hedge funds own 32.73% of the company's stock.
About Atmus Filtration Technologies
(
Get Free Report)
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.
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