GW&K Investment Management LLC Has $25.06 Million Stock Position in Atmus Filtration Technologies Inc. $ATMU

GW&K Investment Management LLC boosted its position in Atmus Filtration Technologies Inc. (NYSE:ATMU) by 7.6% in the 4th quarter, HoldingsChannel reports. The firm owned 482,682 shares of the company’s stock after acquiring an additional 34,269 shares during the period. GW&K Investment Management LLC’s holdings in Atmus Filtration Technologies were worth $25,056,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of ATMU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Atmus Filtration Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,874 shares of the company’s stock valued at $1,832,000 after purchasing an additional 2,176 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Atmus Filtration Technologies by 17.5% in the first quarter. Millennium Management LLC now owns 219,639 shares of the company’s stock valued at $8,067,000 after purchasing an additional 32,727 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Atmus Filtration Technologies by 143.1% in 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. Caxton Associates LLP bought a new stake in shares of Atmus Filtration Technologies during the first quarter worth approximately $283,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Atmus Filtration Technologies by 2.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 159,638 shares of the company’s stock worth $5,864,000 after acquiring an additional 3,419 shares during the period. 32.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Zacks Research cut Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. JPMorgan Chase & Co. reduced their price target on 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 “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, May 26th. Wells Fargo & Company reduced their price target on Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. Finally, Citigroup restated an “outperform” rating on shares of Atmus Filtration Technologies in a research note on Wednesday, February 18th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Atmus Filtration Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $62.67.

Insider Activity

In other Atmus Filtration Technologies 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 transaction of $130,772.50. Following the transaction, the senior vice president owned 43,579 shares in the company, valued at $1,971,949.75. This represents a 6.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Gretchen R. Haggerty bought 1,973 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were acquired at an average price of $55.74 per share, for a total transaction of $109,975.02. Following the transaction, the director owned 25,741 shares in the company, valued at approximately $1,434,803.34. This represents a 8.30% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have sold 36,240 shares of company stock worth $1,639,860. Insiders own 0.43% of the company’s stock.

Atmus Filtration Technologies Stock Performance

Shares of NYSE:ATMU opened at $47.49 on Thursday. The company’s 50 day moving average price is $55.25 and its two-hundred day moving average price is $56.27. Atmus Filtration Technologies Inc. has a 12-month low of $34.58 and a 12-month high of $66.50. The firm has a market cap of $3.88 billion, a PE ratio of 18.63, a PEG ratio of 2.07 and a beta of 1.24. 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 (NYSE:ATMU) last announced its earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.04. Atmus Filtration Technologies had a net margin of 11.56% and a return on equity of 64.29%. The firm had revenue of $477.50 million for the quarter, compared to analyst estimates of $474.41 million. During the same quarter in the prior year, the business posted $0.63 EPS. The business’s 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. Equities research analysts predict that Atmus Filtration Technologies Inc. will post 2.95 earnings per share for the current year.

Atmus Filtration Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, May 26th were given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, May 26th. Atmus Filtration Technologies’s dividend payout ratio is presently 8.63%.

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.