Atmus Filtration Technologies (NYSE:ATMU) CEO Stephanie Disher Sells 25,652 Shares

Atmus Filtration Technologies Inc. (NYSE:ATMU) CEO Stephanie Disher sold 25,652 shares of the company’s stock in a transaction 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 transaction, the chief executive officer directly owned 363,024 shares in the company, valued at approximately $16,426,836. This trade represents a 6.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Atmus Filtration Technologies Stock Performance

Shares of Atmus Filtration Technologies stock opened at $47.19 on Wednesday. Atmus Filtration Technologies Inc. has a 52 week low of $34.58 and a 52 week high of $66.50. The business’s fifty day simple moving average is $56.77 and its 200-day simple moving average is $56.29. The firm has a market cap of $3.85 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 1.96 and a beta of 1.24. 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 quarterly earnings results on Friday, May 1st. The company reported $0.69 EPS for the quarter, beating the consensus estimate 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 business had revenue of $477.50 million for the quarter, compared to analyst estimates of $474.41 million. During the same quarter in the prior year, the company posted $0.63 EPS. The company’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. Equities analysts forecast that Atmus Filtration Technologies Inc. will post 2.95 earnings per share for the current year.

Atmus Filtration Technologies Announces Dividend

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

Institutional Investors Weigh In On Atmus Filtration Technologies

Large investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp increased its holdings in Atmus Filtration Technologies by 143.1% during the 1st quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock worth $26,000 after purchasing an additional 412 shares during the period. Essex Investment Management Co. LLC purchased a new stake in Atmus Filtration Technologies during the 4th quarter worth about $37,000. GHP Investment Advisors Inc. purchased a new stake in Atmus Filtration Technologies during the 1st quarter worth about $44,000. PNC Financial Services Group Inc. increased its holdings in Atmus Filtration Technologies by 87.8% during the 4th 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 period. Finally, Smartleaf Asset Management LLC increased its holdings in Atmus Filtration Technologies by 1,498.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 959 shares of the company’s stock worth $50,000 after purchasing an additional 899 shares during the period. Hedge funds and other institutional investors own 32.73% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ATMU. Robert W. Baird decreased their target price 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. Weiss Ratings raised Atmus Filtration Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, May 26th. Zacks Research lowered Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. JPMorgan Chase & Co. decreased their target price on Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating on the stock in a research note on Monday, May 4th. Finally, Wells Fargo & Company decreased 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 note on Wednesday, April 1st. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $62.67.

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.