Tema Etfs LLC Buys 33,196 Shares of Atmus Filtration Technologies Inc. $ATMU

Tema Etfs LLC lifted its stake in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 58.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,857 shares of the company’s stock after purchasing an additional 33,196 shares during the quarter. Tema Etfs LLC owned about 0.11% of Atmus Filtration Technologies worth $4,664,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Jones Financial Companies Lllp increased its position in Atmus Filtration Technologies by 143.1% in the 1st quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock valued at $26,000 after buying an additional 412 shares in the last quarter. Geneos Wealth Management Inc. grew its stake 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 valued at $49,000 after acquiring an additional 644 shares during the period. Osaic Holdings Inc. grew its stake in Atmus Filtration Technologies by 54.8% in the second quarter. Osaic Holdings Inc. now owns 2,471 shares of the company’s stock valued at $90,000 after acquiring an additional 875 shares during the period. GAMMA Investing LLC increased 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 valued at $115,000 after acquiring an additional 285 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of Atmus Filtration Technologies during the first quarter valued at approximately $121,000. 32.73% of the stock is currently owned by institutional investors and hedge funds.

Atmus Filtration Technologies Price Performance

Shares of NYSE:ATMU opened at $58.13 on Thursday. The company has a current ratio of 2.42, a quick ratio of 1.66 and a debt-to-equity ratio of 1.43. The stock’s fifty day simple moving average is $60.22 and its two-hundred day simple moving average is $53.03. Atmus Filtration Technologies Inc. has a 1-year low of $30.94 and a 1-year high of $66.50. The stock has a market cap of $4.74 billion, a PE ratio of 23.25, a price-to-earnings-growth ratio of 2.55 and a beta of 1.48.

Atmus Filtration Technologies (NYSE:ATMU) last posted its earnings results on Friday, February 13th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.09. The firm had revenue of $446.60 million during the quarter, compared to analyst estimates of $422.25 million. Atmus Filtration Technologies had a net margin of 11.76% and a return on equity of 69.78%. The business’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.58 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. As a group, analysts forecast that Atmus Filtration Technologies Inc. will post 2.52 EPS for the current fiscal year.

Atmus Filtration Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Friday, February 20th were given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Friday, February 20th. Atmus Filtration Technologies’s dividend payout ratio is presently 8.80%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Wall Street Zen upgraded Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. Zacks Research upgraded shares of Atmus Filtration Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. Robert W. Baird lowered their price objective on shares of Atmus Filtration Technologies from $69.00 to $66.00 and set an “outperform” rating on the stock in a report on Monday. Citigroup reiterated an “outperform” rating on shares of Atmus Filtration Technologies in a report on Wednesday, February 18th. Finally, Wells Fargo & Company decreased their target price on shares of Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $58.25.

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.