Atmus Filtration Technologies (NYSE:ATMU) Announces Earnings Results, Beats Estimates By $0.05 EPS

Atmus Filtration Technologies (NYSE:ATMU) posted its quarterly earnings results on Friday. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05, Zacks reports. Atmus Filtration Technologies had a return on equity of 134.28% and a net margin of 10.84%. Atmus Filtration Technologies updated its FY 2025 guidance to 2.350-2.600 EPS.

Atmus Filtration Technologies Price Performance

Shares of NYSE ATMU traded down $0.97 during midday trading on Friday, reaching $38.22. The company’s stock had a trading volume of 645,558 shares, compared to its average volume of 637,090. Atmus Filtration Technologies has a fifty-two week low of $22.30 and a fifty-two week high of $45.43. The company has a market cap of $3.18 billion, a P/E ratio of 17.78, a P/E/G ratio of 4.20 and a beta of 1.80. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.35 and a current ratio of 2.11. The business’s 50 day moving average price is $40.41 and its two-hundred day moving average price is $38.87.

Atmus Filtration Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th will be given a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.52%. Atmus Filtration Technologies’s payout ratio is 9.30%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ATMU. Robert W. Baird boosted their price objective on Atmus Filtration Technologies from $42.00 to $48.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Wells Fargo & Company reduced their price objective on Atmus Filtration Technologies from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Finally, Northland Securities boosted their price objective on Atmus Filtration Technologies from $49.00 to $50.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Atmus Filtration Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.80.

About Atmus Filtration Technologies

Atmus Filtration Technologies Inc designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. The company offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, coolants, and fuel additives, as well as other chemicals; and fuel water separators and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users.