UBS Group AG boosted its holdings in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU – Free Report) by 205.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 333,706 shares of the company’s stock after purchasing an additional 224,474 shares during the period. UBS Group AG owned approximately 0.41% of Atmus Filtration Technologies worth $17,323,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its stake in Atmus Filtration Technologies by 143.1% during the first quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock valued at $26,000 after purchasing an additional 412 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Atmus Filtration Technologies by 93.6% during the second quarter. Geneos Wealth Management Inc. now owns 1,332 shares of the company’s stock valued at $49,000 after purchasing an additional 644 shares during the last quarter. Osaic Holdings Inc. lifted its stake in Atmus Filtration Technologies by 54.8% during the second quarter. Osaic Holdings Inc. now owns 2,471 shares of the company’s stock valued at $90,000 after purchasing an additional 875 shares during the last quarter. GAMMA Investing LLC lifted its stake in 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 purchasing an additional 285 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of Atmus Filtration Technologies by 539.8% in the 4th quarter. Farther Finance Advisors LLC now owns 2,316 shares of the company’s stock valued at $120,000 after acquiring an additional 1,954 shares in the last quarter. 32.73% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
ATMU has been the subject of several research analyst reports. Wells Fargo & Company reduced their price target 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, April 1st. Zacks Research downgraded shares of Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Citigroup restated an “outperform” rating on shares of Atmus Filtration Technologies in a research report on Wednesday, February 18th. Robert W. Baird reduced their price target on shares of Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating for the company in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. reduced 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 research report on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $56.75.
Atmus Filtration Technologies Trading Down 1.9%
NYSE ATMU opened at $55.51 on Wednesday. The company has a market capitalization of $4.53 billion, a PE ratio of 21.77, a price-to-earnings-growth ratio of 2.42 and a beta of 1.47. Atmus Filtration Technologies Inc. has a 1-year low of $34.58 and a 1-year high of $66.50. The company has a current ratio of 2.53, a quick ratio of 1.70 and a debt-to-equity ratio of 2.47. The firm’s fifty day simple moving average is $59.45 and its 200-day simple moving average is $56.02.
Atmus Filtration Technologies (NYSE:ATMU – Get Free Report) last issued its earnings results on Friday, May 1st. The company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.04. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.The firm had revenue of $477.50 million for the quarter, compared to the consensus estimate of $474.41 million. During the same quarter in the previous year, the company posted $0.63 earnings per share. The business’s quarterly revenue was up 14.6% compared to the same quarter last year. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. As a group, sell-side analysts anticipate that Atmus Filtration Technologies Inc. will post 2.95 earnings per share for the current fiscal year.
Atmus Filtration Technologies 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.
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