Atmus Filtration Technologies Inc. $ATMU Shares Purchased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 752.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 454,638 shares of the company’s stock after buying an additional 401,315 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Atmus Filtration Technologies were worth $25,810,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ATMU. Ieq Capital LLC grew its position in shares of Atmus Filtration Technologies by 3.4% during the fourth quarter. Ieq Capital LLC now owns 5,530 shares of the company’s stock worth $287,000 after acquiring an additional 182 shares during the last quarter. California State Teachers Retirement System increased its stake in Atmus Filtration Technologies by 0.3% in the second quarter. California State Teachers Retirement System now owns 83,277 shares of the company’s stock valued at $3,033,000 after purchasing an additional 236 shares during the period. Anchyra Partners LLC boosted its stake in shares of Atmus Filtration Technologies by 6.6% during the first quarter. Anchyra Partners LLC now owns 4,256 shares of the company’s stock worth $242,000 after buying an additional 264 shares during the period. GAMMA Investing LLC grew its holdings in shares of Atmus Filtration Technologies by 14.7% during the fourth quarter. GAMMA Investing LLC now owns 2,223 shares of the company’s stock worth $115,000 after buying an additional 285 shares during the last quarter. Finally, Creative Planning increased its position in Atmus Filtration Technologies by 4.9% in the 2nd quarter. Creative Planning now owns 6,688 shares of the company’s stock valued at $244,000 after acquiring an additional 312 shares during the period. Hedge funds and other institutional investors own 32.73% of the company’s stock.

Analyst Upgrades and Downgrades

ATMU has been the topic of several analyst reports. Robert W. Baird lowered 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. Zacks Research downgraded shares of Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings downgraded shares of Atmus Filtration Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, July 15th. Wall Street Zen cut Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, June 14th. Finally, 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. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $62.67.

Atmus Filtration Technologies Stock Down 0.2%

ATMU stock opened at $53.44 on Monday. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.53 and a quick ratio of 1.70. The company’s 50 day simple moving average is $50.04 and its 200-day simple moving average is $56.08. Atmus Filtration Technologies Inc. has a 12 month low of $37.22 and a 12 month high of $66.50. The firm has a market capitalization of $4.36 billion, a PE ratio of 20.96, a P/E/G ratio of 2.28 and a beta of 1.19.

Atmus Filtration Technologies (NYSE:ATMU) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.04. The firm had revenue of $477.50 million during the quarter, compared to the consensus estimate of $474.41 million. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.The company’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.63 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Equities analysts expect that Atmus Filtration Technologies Inc. will post 2.97 earnings per share for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, May 26th were paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.4%. Atmus Filtration Technologies’s dividend payout ratio (DPR) is presently 8.63%.

Insider Activity

In other news, Director Gretchen R. Haggerty bought 1,973 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average price of $55.74 per share, with a total value of $109,975.02. Following the purchase, the director owned 25,741 shares of the company’s stock, valued at $1,434,803.34. This trade represents a 8.30% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Charles Masters sold 2,890 shares of Atmus Filtration Technologies stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $45.25, for a total transaction of $130,772.50. Following the sale, the senior vice president owned 43,579 shares of the company’s stock, valued at approximately $1,971,949.75. This trade represents a 6.22% 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. Insiders have sold a total of 36,240 shares of company stock worth $1,639,860 in the last quarter. Corporate insiders own 0.43% of the company’s stock.

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.