Insider Selling: Atmus Filtration Technologies (NYSE:ATMU) SVP Sells $130,772.50 in Stock

Atmus Filtration Technologies Inc. (NYSE:ATMU) SVP Charles Masters sold 2,890 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $45.25, for a total value of $130,772.50. Following the transaction, the senior vice president directly owned 43,579 shares in the company, valued at $1,971,949.75. This trade represents a 6.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Atmus Filtration Technologies Stock Performance

NYSE ATMU opened at $47.09 on Friday. The stock’s fifty day moving average is $56.15 and its two-hundred day moving average is $56.26. The firm has a market capitalization of $3.85 billion, a P/E ratio of 18.47, a price-to-earnings-growth ratio of 2.03 and a beta of 1.24. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.70 and a current ratio of 2.53. Atmus Filtration Technologies Inc. has a fifty-two week low of $34.58 and a fifty-two week high of $66.50.

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

Atmus Filtration Technologies Dividend Announcement

The business 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 dividend of $0.055 per share. 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 8.63%.

Wall Street Analyst Weigh In

ATMU has been the topic of a number of recent research reports. Wells Fargo & Company lowered their price objective 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. Weiss Ratings raised Atmus Filtration Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, May 26th. JPMorgan Chase & Co. reduced their target price on Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. Robert W. Baird reduced their target price on Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating on the stock in a research report on Monday, May 4th. Finally, Zacks Research downgraded Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Atmus Filtration Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $62.67.

Institutional Investors Weigh In On Atmus Filtration Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ieq Capital LLC boosted its position in shares of Atmus Filtration Technologies by 3.4% during the 4th quarter. Ieq Capital LLC now owns 5,530 shares of the company’s stock worth $287,000 after acquiring an additional 182 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of Atmus Filtration Technologies by 0.3% during the 2nd quarter. California State Teachers Retirement System now owns 83,277 shares of the company’s stock worth $3,033,000 after acquiring an additional 236 shares in the last quarter. Anchyra Partners LLC boosted its position in shares of Atmus Filtration Technologies by 6.6% during the 1st quarter. Anchyra Partners LLC now owns 4,256 shares of the company’s stock worth $242,000 after acquiring an additional 264 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Atmus Filtration Technologies by 14.7% during the 4th quarter. GAMMA Investing LLC now owns 2,223 shares of the company’s stock worth $115,000 after acquiring an additional 285 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Atmus Filtration Technologies by 5.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,021 shares of the company’s stock worth $266,000 after acquiring an additional 301 shares in the last quarter. Hedge funds and other institutional investors own 32.73% 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.