Susquehanna Fundamental Investments LLC Grows Stock Holdings in Atmus Filtration Technologies Inc. $ATMU

Susquehanna Fundamental Investments LLC raised its holdings in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 839.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,218 shares of the company’s stock after acquiring an additional 76,148 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in Atmus Filtration Technologies were worth $4,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in ATMU. Marathon Partners Equity Management LLC bought a new stake in shares of Atmus Filtration Technologies during the second quarter valued at about $3,926,000. Royce & Associates LP boosted its position in shares of Atmus Filtration Technologies by 2.7% in the fourth quarter. Royce & Associates LP now owns 667,812 shares of the company’s stock valued at $34,666,000 after acquiring an additional 17,740 shares during the period. Goldman Sachs Group Inc. grew its stake in Atmus Filtration Technologies by 5.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,200,311 shares of the company’s stock valued at $166,128,000 after acquiring an additional 163,659 shares in the last quarter. Knights of Columbus Asset Advisors LLC bought a new stake in Atmus Filtration Technologies during the 4th quarter worth approximately $1,309,000. Finally, Castleark Management LLC bought a new stake in Atmus Filtration Technologies during the 1st quarter worth approximately $6,776,000. 32.73% of the stock is owned by institutional investors.

Atmus Filtration Technologies Trading Down 1.0%

Shares of Atmus Filtration Technologies stock opened at $47.25 on Tuesday. Atmus Filtration Technologies Inc. has a 1 year low of $42.60 and a 1 year high of $66.50. The firm has a market cap of $3.86 billion, a PE ratio of 18.10, a PEG ratio of 2.01 and a beta of 1.19. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.65 and a quick ratio of 1.83. The company has a 50 day simple moving average of $51.09 and a two-hundred day simple moving average of $54.86.

Atmus Filtration Technologies (NYSE:ATMU) last released its quarterly earnings results on Friday, August 7th. The company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. The business had revenue of $527.90 million during the quarter, compared to analysts’ expectations of $507.02 million. Atmus Filtration Technologies had a net margin of 11.32% and a return on equity of 59.85%. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.75 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. Analysts expect that Atmus Filtration Technologies Inc. will post 2.97 earnings per share for the current fiscal year.

Atmus Filtration Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Thursday, August 27th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.5%. This is a boost from Atmus Filtration Technologies’s previous quarterly dividend of $0.06. The ex-dividend date is Thursday, August 27th. Atmus Filtration Technologies’s dividend payout ratio (DPR) is presently 9.20%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on ATMU shares. JPMorgan Chase & Co. cut 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 on the stock in a report on Monday, May 4th. Wells Fargo & Company began coverage on Atmus Filtration Technologies in a research report on Monday, August 3rd. They issued an “equal weight” rating and a $56.00 price objective on the stock. Wall Street Zen lowered Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a research note on Sunday, June 14th. Finally, Weiss Ratings cut Atmus Filtration Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Atmus Filtration Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $62.00.

Insider Buying and Selling at Atmus Filtration Technologies

In related news, insider Renee Swan sold 3,870 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $50.89, for a total value of $196,944.30. Following the transaction, the insider owned 46,875 shares of the company’s stock, valued at $2,385,468.75. This represents a 7.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Stephen E. Macadam bought 2,000 shares of Atmus Filtration Technologies stock in a transaction that occurred on Wednesday, August 12th. The stock was purchased at an average cost of $49.78 per share, for a total transaction of $99,560.00. Following the purchase, the director owned 40,588 shares of the company’s stock, valued at $2,020,470.64. The trade was a 5.18% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.43% of the stock is currently owned by insiders.

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.