Atmus Filtration Technologies Inc. $ATMU Holdings Lowered by Yost Capital Management LP

Yost Capital Management LP decreased its position in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 19.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 149,000 shares of the company’s stock after selling 36,000 shares during the quarter. Atmus Filtration Technologies makes up 8.2% of Yost Capital Management LP’s investment portfolio, making the stock its 6th largest position. Yost Capital Management LP’s holdings in Atmus Filtration Technologies were worth $6,718,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Eminence Capital LP raised its stake in Atmus Filtration Technologies by 12.0% in the 2nd quarter. Eminence Capital LP now owns 6,448,993 shares of the company’s stock valued at $234,872,000 after acquiring an additional 691,939 shares during the period. Geode Capital Management LLC boosted its position in Atmus Filtration Technologies by 20.8% during the second quarter. Geode Capital Management LLC now owns 2,365,362 shares of the company’s stock worth $86,154,000 after purchasing an additional 407,484 shares during the period. Invesco Ltd. increased its stake in shares of Atmus Filtration Technologies by 1.6% in the third quarter. Invesco Ltd. now owns 2,223,823 shares of the company’s stock worth $100,272,000 after purchasing an additional 34,146 shares in the last quarter. State Street Corp lifted its stake in shares of Atmus Filtration Technologies by 0.7% during the 2nd quarter. State Street Corp now owns 1,953,607 shares of the company’s stock valued at $71,150,000 after buying an additional 14,269 shares in the last quarter. Finally, Channing Capital Management LLC boosted its holdings in Atmus Filtration Technologies by 3,192.8% in the 3rd quarter. Channing Capital Management LLC now owns 1,715,015 shares of the company’s stock worth $77,330,000 after buying an additional 1,662,931 shares during the period. Hedge funds and other institutional investors own 32.73% of the company’s stock.

Wall Street Analysts Forecast Growth

ATMU has been the topic of a number of analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Atmus Filtration Technologies in a report on Wednesday, January 21st. Wall Street Zen raised Atmus Filtration Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. Robert W. Baird lifted their price target on Atmus Filtration Technologies from $59.00 to $69.00 and gave the company an “outperform” rating in a research report on Wednesday, February 18th. Citigroup reiterated an “outperform” rating on shares of Atmus Filtration Technologies in a research note on Wednesday, February 18th. Finally, JPMorgan Chase & Co. increased their price objective on Atmus Filtration Technologies from $60.00 to $64.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $59.75.

Atmus Filtration Technologies Price Performance

NYSE ATMU traded down $0.68 on Friday, hitting $56.30. The stock had a trading volume of 90,515 shares, compared to its average volume of 766,937. The firm has a 50-day moving average of $59.57 and a 200-day moving average of $51.79. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.66 and a current ratio of 2.42. Atmus Filtration Technologies Inc. has a 52-week low of $30.94 and a 52-week high of $66.50. The company has a market capitalization of $4.59 billion, a price-to-earnings ratio of 22.52, a price-to-earnings-growth ratio of 2.61 and a beta of 1.48.

Atmus Filtration Technologies (NYSE:ATMU) last released its quarterly earnings results on Friday, February 13th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Atmus Filtration Technologies had a net margin of 11.76% and a return on equity of 69.78%. The firm had revenue of $446.60 million during the quarter, compared to analyst estimates of $422.25 million. During the same period in the previous year, the business earned $0.58 EPS. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. 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 2.52 EPS for the current year.

Atmus Filtration Technologies Dividend Announcement

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

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.