16,806 Shares in Atmus Filtration Technologies Inc. $ATMU Purchased by Ninepoint Partners LP

Ninepoint Partners LP bought a new position in Atmus Filtration Technologies Inc. (NYSE:ATMU) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,806 shares of the company’s stock, valued at approximately $2,871,000.

Other institutional investors have also recently made changes to their positions in the company. Royce & Associates LP lifted its holdings in shares of Atmus Filtration Technologies by 2.7% during the fourth quarter. Royce & Associates LP now owns 667,812 shares of the company’s stock valued at $34,666,000 after purchasing an additional 17,740 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Atmus Filtration Technologies by 5.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,200,311 shares of the company’s stock worth $166,128,000 after buying an additional 163,659 shares during the last quarter. Knights of Columbus Asset Advisors LLC purchased a new position in Atmus Filtration Technologies in the 4th quarter worth about $1,309,000. Bank of America Corp DE lifted its stake in Atmus Filtration Technologies by 33.8% during the 1st quarter. Bank of America Corp DE now owns 893,577 shares of the company’s stock valued at $50,728,000 after acquiring an additional 225,601 shares during the period. Finally, California State Teachers Retirement System boosted its holdings in shares of Atmus Filtration Technologies by 24.0% during the 1st quarter. California State Teachers Retirement System now owns 97,466 shares of the company’s stock valued at $5,533,000 after acquiring an additional 18,890 shares during the last quarter. Hedge funds and other institutional investors own 32.73% of the company’s stock.

Atmus Filtration Technologies Trading Up 0.5%

Shares of NYSE ATMU opened at $49.40 on Friday. The business’s 50 day moving average is $51.44 and its two-hundred day moving average is $55.48. Atmus Filtration Technologies Inc. has a 1-year low of $42.17 and a 1-year high of $66.50. The stock has a market capitalization of $4.03 billion, a P/E ratio of 18.93, a PEG ratio of 2.07 and a beta of 1.19. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.65 and a quick ratio of 1.83.

Atmus Filtration Technologies (NYSE:ATMU) last announced its 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. Atmus Filtration Technologies had a net margin of 11.32% and a return on equity of 59.85%. The business had revenue of $527.90 million for the quarter, compared to the consensus estimate of $507.02 million. During the same quarter in the prior year, the firm posted $0.75 earnings per share. The business’s revenue for the quarter was up 16.5% on a year-over-year basis. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. As a group, research analysts expect that Atmus Filtration Technologies Inc. will post 2.97 EPS for the current year.

Atmus Filtration Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Thursday, August 27th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.5%. This is a boost from Atmus Filtration Technologies’s previous quarterly dividend of $0.06. The ex-dividend date is Thursday, August 27th. Atmus Filtration Technologies’s dividend payout ratio (DPR) is presently 9.20%.

Analyst Ratings Changes

Several research analysts have recently weighed in on ATMU shares. Wall Street Zen cut shares of Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a report on Sunday, June 14th. JPMorgan Chase & Co. decreased their target price on shares of Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating for the company in a research note on Monday, May 4th. Weiss Ratings upgraded Atmus Filtration Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Wells Fargo & Company initiated coverage on Atmus Filtration Technologies in a report on Monday, August 3rd. They issued an “equal weight” rating and a $56.00 price objective for the company. Finally, Robert W. Baird lowered 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. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $62.00.

Insider Activity

In other news, SVP Charles Masters sold 2,890 shares of the stock in a transaction that occurred 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 sale, the senior vice president directly owned 43,579 shares in the company, valued at approximately $1,971,949.75. This represents a 6.22% decrease in their ownership of the stock. The sale was disclosed in a 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. Also, insider Renee Swan sold 3,870 shares of the firm’s stock in a transaction that occurred 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 directly owned 46,875 shares of the company’s stock, valued at $2,385,468.75. This represents a 7.63% decrease in their ownership of the stock. 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 90 days, insiders have sold 40,110 shares of company stock valued at $1,836,804. 0.43% of the stock is currently owned by corporate insiders.

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.