Boston Partners Has $29.57 Million Holdings in Atmus Filtration Technologies Inc. (NYSE:ATMU)

Boston Partners raised its position in Atmus Filtration Technologies Inc. (NYSE:ATMU - Free Report) by 1.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 745,235 shares of the company's stock after purchasing an additional 11,819 shares during the quarter. Boston Partners owned about 0.90% of Atmus Filtration Technologies worth $29,572,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Glenmede Trust Co. NA grew its holdings in Atmus Filtration Technologies by 0.7% in the 3rd quarter. Glenmede Trust Co. NA now owns 41,275 shares of the company's stock worth $1,549,000 after buying an additional 303 shares in the last quarter. Jag Capital Management LLC grew its stake in shares of Atmus Filtration Technologies by 8.1% in the fourth quarter. Jag Capital Management LLC now owns 7,653 shares of the company's stock worth $300,000 after purchasing an additional 571 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of Atmus Filtration Technologies during the fourth quarter valued at $26,000. KBC Group NV raised its stake in shares of Atmus Filtration Technologies by 42.1% during the third quarter. KBC Group NV now owns 2,424 shares of the company's stock valued at $91,000 after purchasing an additional 718 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its position in Atmus Filtration Technologies by 43.0% in the 4th quarter. Daiwa Securities Group Inc. now owns 2,660 shares of the company's stock valued at $104,000 after buying an additional 800 shares in the last quarter. Institutional investors and hedge funds own 32.73% of the company's stock.

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Analysts Set New Price Targets

A number of research firms recently commented on ATMU. Robert W. Baird lowered their price objective on shares of Atmus Filtration Technologies from $46.00 to $45.00 and set an "outperform" rating on the stock in a research note on Monday, February 24th. Wells Fargo & Company cut their price objective on Atmus Filtration Technologies from $40.00 to $39.00 and set an "equal weight" rating for the company in a report on Monday, February 24th. Finally, JPMorgan Chase & Co. lowered their target price on Atmus Filtration Technologies from $46.00 to $44.00 and set an "overweight" rating on the stock in a report on Tuesday, March 18th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Atmus Filtration Technologies presently has an average rating of "Moderate Buy" and an average price target of $42.40.

Atmus Filtration Technologies Price Performance

Shares of NYSE ATMU traded up $0.63 during trading on Monday, hitting $38.14. The company had a trading volume of 869,908 shares, compared to its average volume of 1,048,504. The company has a market cap of $3.18 billion, a P/E ratio of 17.26, a PEG ratio of 3.99 and a beta of 1.83. 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 is $39.76 and its 200 day moving average is $39.61. Atmus Filtration Technologies Inc. has a 52 week low of $27.62 and a 52 week high of $45.43.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last announced its earnings results on Friday, February 21st. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. Atmus Filtration Technologies had a return on equity of 120.81% and a net margin of 11.12%. The business had revenue of $406.70 million during the quarter, compared to the consensus estimate of $399.24 million. Equities research analysts predict that Atmus Filtration Technologies Inc. will post 2.52 earnings per share for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date of this dividend was Tuesday, March 4th. Atmus Filtration Technologies's dividend payout ratio is 9.05%.

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.