Northland Capmk Has Pessimistic Outlook of ATMU Q1 Earnings

Atmus Filtration Technologies Inc. (NYSE:ATMU) – Equities research analysts at Northland Capmk dropped their Q1 2025 earnings estimates for Atmus Filtration Technologies in a research report issued on Tuesday, February 25th. Northland Capmk analyst B. Brooks now anticipates that the company will post earnings per share of $0.61 for the quarter, down from their previous estimate of $0.62. The consensus estimate for Atmus Filtration Technologies’ current full-year earnings is $2.52 per share. Northland Capmk also issued estimates for Atmus Filtration Technologies’ Q2 2025 earnings at $0.67 EPS and Q3 2025 earnings at $0.66 EPS.

Atmus Filtration Technologies (NYSE:ATMU) last posted its quarterly earnings results on Friday, February 21st. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. The business had revenue of $406.70 million during the quarter, compared to analysts’ expectations of $399.24 million. Atmus Filtration Technologies had a net margin of 11.12% and a return on equity of 120.81%.

ATMU has been the subject of a number of other reports. Wells Fargo & Company lowered their price target on Atmus Filtration Technologies from $40.00 to $39.00 and set an “equal weight” rating for the company in a report on Monday. Robert W. Baird decreased their target price on shares of Atmus Filtration Technologies from $46.00 to $45.00 and set an “outperform” rating on the stock in a research report on Monday. Finally, Northland Securities lifted their price target on shares of Atmus Filtration Technologies from $49.00 to $50.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Atmus Filtration Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $43.00.

Atmus Filtration Technologies Trading Up 2.6 %

Shares of Atmus Filtration Technologies stock opened at $39.21 on Wednesday. Atmus Filtration Technologies has a fifty-two week low of $22.74 and a fifty-two week high of $45.43. 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 firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 17.74, a PEG ratio of 3.99 and a beta of 1.80. The stock has a 50 day moving average of $40.30 and a 200 day moving average of $39.08.

Atmus Filtration Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $0.20 annualized dividend and a dividend yield of 0.51%. Atmus Filtration Technologies’s dividend payout ratio is presently 9.05%.

Hedge Funds Weigh In On Atmus Filtration Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of Atmus Filtration Technologies by 8.2% during the third quarter. JPMorgan Chase & Co. now owns 286,098 shares of the company’s stock worth $10,737,000 after purchasing an additional 21,687 shares in the last quarter. Algert Global LLC increased its stake in Atmus Filtration Technologies by 516.7% during the 3rd quarter. Algert Global LLC now owns 161,513 shares of the company’s stock worth $6,062,000 after buying an additional 135,325 shares during the period. Palliser Capital UK Ltd purchased a new position in Atmus Filtration Technologies in the 3rd quarter valued at approximately $2,090,000. Atom Investors LP grew its stake in shares of Atmus Filtration Technologies by 24.3% in the third quarter. Atom Investors LP now owns 103,441 shares of the company’s stock worth $3,882,000 after acquiring an additional 20,201 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Atmus Filtration Technologies by 5.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 713,143 shares of the company’s stock worth $26,764,000 after acquiring an additional 39,114 shares during the period. 32.73% of the stock is currently owned by hedge funds and other institutional investors.

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.