Quantbot Technologies LP Invests $677,000 in Atmus Filtration Technologies Inc. $ATMU

Quantbot Technologies LP bought a new stake in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 13,272 shares of the company’s stock, valued at approximately $677,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Ieq Capital LLC raised its holdings in Atmus Filtration Technologies by 3.4% during the 4th quarter. Ieq Capital LLC now owns 5,530 shares of the company’s stock worth $287,000 after buying an additional 182 shares during the period. California State Teachers Retirement System boosted its holdings in shares of Atmus Filtration Technologies by 0.3% in the second quarter. California State Teachers Retirement System now owns 83,277 shares of the company’s stock worth $3,033,000 after buying an additional 236 shares during the period. Anchyra Partners LLC increased its position in shares of Atmus Filtration Technologies by 6.6% in the first quarter. Anchyra Partners LLC now owns 4,256 shares of the company’s stock worth $242,000 after acquiring an additional 264 shares in the last quarter. Creative Planning increased its position in shares of Atmus Filtration Technologies by 4.9% in the second quarter. Creative Planning now owns 6,688 shares of the company’s stock worth $244,000 after acquiring an additional 312 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of Atmus Filtration Technologies by 8.1% during the fourth quarter. CWM LLC now owns 4,949 shares of the company’s stock valued at $257,000 after acquiring an additional 371 shares during the period. Institutional investors and hedge funds own 32.73% of the company’s stock.

Atmus Filtration Technologies Stock Performance

Atmus Filtration Technologies stock opened at $48.77 on Friday. Atmus Filtration Technologies Inc. has a 12-month low of $42.60 and a 12-month high of $66.50. The stock has a market capitalization of $3.98 billion, a price-to-earnings ratio of 18.69, a P/E/G ratio of 2.08 and a beta of 1.19. The company has a quick ratio of 1.83, a current ratio of 2.65 and a debt-to-equity ratio of 2.18. The stock has a 50-day simple moving average of $51.27 and a 200 day simple moving average of $55.06.

Atmus Filtration Technologies (NYSE:ATMU) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.04. Atmus Filtration Technologies had a return on equity of 59.85% and a net margin of 11.32%.The business had revenue of $527.90 million for the quarter, compared to analyst estimates of $507.02 million. During the same quarter in the prior year, the firm posted $0.75 earnings per share. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. On average, research analysts anticipate that Atmus Filtration Technologies Inc. will post 2.97 earnings per share for the current fiscal year.

Atmus Filtration Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Thursday, August 27th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 27th. This is a boost from Atmus Filtration Technologies’s previous quarterly dividend of $0.06. Atmus Filtration Technologies’s dividend payout ratio (DPR) is currently 8.43%.

Analyst Upgrades and Downgrades

ATMU has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price objective 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. Wells Fargo & Company assumed coverage on Atmus Filtration Technologies in a report on Monday, August 3rd. They issued an “equal weight” rating and a $56.00 target price on the stock. Robert W. Baird dropped their price target on shares of Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating on the stock in a research note on Monday, May 4th. Wall Street Zen downgraded Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a report on Sunday, June 14th. Finally, Weiss Ratings lowered Atmus Filtration Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $62.00.

Insider Activity at Atmus Filtration Technologies

In other Atmus Filtration Technologies news, CFO Jack Kienzler sold 5,132 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $45.25, for a total transaction of $232,223.00. Following the completion of the transaction, the chief financial officer owned 75,804 shares of the company’s stock, valued at $3,430,131. This represents a 6.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Stephen E. Macadam bought 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The stock was acquired at an average cost of $49.78 per share, with a total value of $99,560.00. Following the transaction, the director owned 40,588 shares of the company’s stock, valued at $2,020,470.64. This represents a 5.18% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 40,110 shares of company stock valued at $1,836,804 over the last ninety days. Company insiders own 0.43% of the company’s stock.

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.