UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $7.93 Million Holdings in Atmus Filtration Technologies Inc. $ATMU

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Atmus Filtration Technologies Inc. (NYSE:ATMU) by 16.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 155,476 shares of the company’s stock after purchasing an additional 21,579 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Atmus Filtration Technologies were worth $7,928,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Ieq Capital LLC increased its stake in Atmus Filtration Technologies by 3.4% in the fourth quarter. Ieq Capital LLC now owns 5,530 shares of the company’s stock valued at $287,000 after purchasing 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 purchasing 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 purchasing an additional 264 shares in the last quarter. Creative Planning grew its stake in shares of 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 buying an additional 312 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of Atmus Filtration Technologies by 87.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 849 shares of the company’s stock valued at $44,000 after buying an additional 397 shares during the period. 32.73% of the stock is currently owned by institutional investors and hedge funds.

Atmus Filtration Technologies Stock Down 0.3%

Shares of NYSE ATMU opened at $48.18 on Tuesday. 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 moving average price of $50.65 and a 200-day moving average price of $54.29. The stock has a market capitalization of $3.93 billion, a P/E ratio of 18.46, a P/E/G ratio of 2.03 and a beta of 1.17. Atmus Filtration Technologies Inc. has a 1 year low of $42.60 and a 1 year high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.04. The business had revenue of $527.90 million for 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 firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. On average, equities research analysts forecast that Atmus Filtration Technologies Inc. will post 2.97 EPS 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. Stockholders of record on Thursday, August 27th will be issued a $0.06 dividend. This is a boost from Atmus Filtration Technologies’s previous quarterly dividend of $0.06. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, August 27th. Atmus Filtration Technologies’s dividend payout ratio is 9.20%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on ATMU shares. Wells Fargo & Company initiated coverage on Atmus Filtration Technologies in a research note on Monday, August 3rd. They set an “equal weight” rating and a $56.00 price target on the stock. Weiss Ratings cut Atmus Filtration Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Finally, Wall Street Zen downgraded Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a report on Sunday, June 14th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $62.00.

Insider Activity at Atmus Filtration Technologies

In related news, Director Stephen E. Macadam bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were bought at an average price of $49.78 per share, with a total value of $99,560.00. Following the completion of the transaction, the director directly owned 40,588 shares in the company, valued at approximately $2,020,470.64. This represents a 5.18% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Renee Swan sold 3,870 shares of the company’s 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 sale, the insider owned 46,875 shares of the company’s stock, valued at $2,385,468.75. This trade represents a 7.63% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.43% of the stock is owned by insiders.

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.