Atmus Filtration Technologies (NYSE:ATMU) Updates FY 2026 Earnings Guidance

Atmus Filtration Technologies (NYSE:ATMU) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 2.850-3.000 for the period, compared to the consensus estimate of 2.940. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Atmus Filtration Technologies Trading Down 5.7%

Shares of NYSE:ATMU traded down $3.10 during trading on Friday, reaching $51.41. The stock had a trading volume of 961,231 shares, compared to its average volume of 967,606. The stock has a market cap of $4.20 billion, a P/E ratio of 20.16, a PEG ratio of 2.30 and a beta of 1.19. The company has a quick ratio of 1.70, a current ratio of 2.53 and a debt-to-equity ratio of 2.47. Atmus Filtration Technologies has a fifty-two week low of $39.19 and a fifty-two week high of $66.50. The business has a fifty day moving average price of $50.83 and a 200-day moving average price of $55.97.

Atmus Filtration Technologies (NYSE:ATMU) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.04. The company had revenue of $527.90 million during the quarter, compared to the consensus estimate of $507.02 million. Atmus Filtration Technologies had a net margin of 11.56% and a return on equity of 64.29%. The company’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.75 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. As a group, analysts anticipate that Atmus Filtration Technologies will post 2.97 earnings per share for the current fiscal year.

Atmus Filtration Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, May 26th were issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Tuesday, May 26th. Atmus Filtration Technologies’s dividend payout ratio (DPR) is presently 8.63%.

Wall Street Analyst Weigh In

A number of brokerages have commented on ATMU. Wall Street Zen lowered shares of Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a report on Sunday, June 14th. 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 report on Monday, May 4th. JPMorgan Chase & Co. lowered their price target on Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Weiss Ratings lowered shares of Atmus Filtration Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company initiated coverage on shares of Atmus Filtration Technologies in a research report on Monday. They set an “equal weight” rating and a $56.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $62.00.

Insider Buying and Selling

In other news, SVP Charles Masters sold 2,890 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $45.25, for a total value of $130,772.50. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Renee Swan sold 2,566 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 $116,111.50. Following the completion of the sale, the insider directly owned 50,745 shares in the company, valued at $2,296,211.25. This represents a 4.81% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 36,240 shares of company stock worth $1,639,860. Company insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On Atmus Filtration Technologies

Institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp raised its position 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 buying an additional 412 shares during the period. Essex Investment Management Co. LLC acquired a new stake in shares of Atmus Filtration Technologies during the 4th quarter valued at about $37,000. PNC Financial Services Group Inc. increased its holdings in Atmus Filtration Technologies by 87.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 849 shares of the company’s stock worth $44,000 after buying an additional 397 shares during the last quarter. Geneos Wealth Management Inc. raised its position 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 acquiring an additional 644 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in Atmus Filtration Technologies by 1,498.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the company’s stock worth $50,000 after acquiring an additional 899 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.