Jefferies Financial Group Inc. Sells 18,993 Shares of Atmus Filtration Technologies Inc. $ATMU

Jefferies Financial Group Inc. reduced its holdings in Atmus Filtration Technologies Inc. (NYSE:ATMU) by 41.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,303 shares of the company’s stock after selling 18,993 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Atmus Filtration Technologies were worth $1,365,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ATMU. Jones Financial Companies Lllp increased its holdings in shares of Atmus Filtration Technologies by 143.1% during the first 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. PNC Financial Services Group Inc. boosted its position in Atmus Filtration Technologies by 87.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 849 shares of the company’s stock worth $44,000 after purchasing an additional 397 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Atmus Filtration Technologies by 93.6% in the second quarter. Geneos Wealth Management Inc. now owns 1,332 shares of the company’s stock worth $49,000 after purchasing an additional 644 shares during the last quarter. Global Retirement Partners LLC boosted its position in Atmus Filtration Technologies by 53.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,319 shares of the company’s stock worth $68,000 after purchasing an additional 461 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of Atmus Filtration Technologies by 54.8% during the 2nd quarter. Osaic Holdings Inc. now owns 2,471 shares of the company’s stock valued at $90,000 after buying an additional 875 shares during the last quarter. Institutional investors and hedge funds own 32.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ATMU. JPMorgan Chase & Co. dropped their price objective on Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating on the stock in a report on Monday, May 4th. Weiss Ratings raised Atmus Filtration Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday. Robert W. Baird decreased their price target on Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating on the stock in a research note on Monday, May 4th. Citigroup reissued an “outperform” rating on shares of Atmus Filtration Technologies in a report on Wednesday, February 18th. Finally, Zacks Research cut Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.67.

Atmus Filtration Technologies Stock Performance

Shares of ATMU opened at $47.74 on Friday. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 2.11 and a beta of 1.47. The company has a quick ratio of 1.70, a current ratio of 2.53 and a debt-to-equity ratio of 2.47. The business has a 50-day simple moving average of $57.19 and a two-hundred day simple moving average of $56.34. Atmus Filtration Technologies Inc. has a 52 week low of $34.58 and a 52 week high of $66.50.

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

Atmus Filtration Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Tuesday, May 26th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $0.22 dividend on an annualized basis and a yield of 0.5%. Atmus Filtration Technologies’s payout ratio is presently 8.63%.

Insider Transactions at Atmus Filtration Technologies

In other news, Director Gretchen R. Haggerty acquired 1,973 shares of Atmus Filtration Technologies stock in a transaction on Tuesday, May 12th. The shares were acquired at an average price of $55.74 per share, with a total value of $109,975.02. Following the purchase, the director directly owned 25,741 shares in the company, valued at $1,434,803.34. The trade was a 8.30% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.43% of the stock is currently owned by insiders.

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.