Research Analysts Offer Predictions for ATMU Q1 Earnings

Atmus Filtration Technologies Inc. (NYSE:ATMU - Free Report) - Stock analysts at Northland Capmk lifted their Q1 2025 earnings per share (EPS) estimates for shares of Atmus Filtration Technologies in a research note issued to investors on Tuesday, November 12th. Northland Capmk analyst B. Brooks now expects that the company will post earnings per share of $0.62 for the quarter, up from their prior estimate of $0.57. The consensus estimate for Atmus Filtration Technologies' current full-year earnings is $2.37 per share. Northland Capmk also issued estimates for Atmus Filtration Technologies' Q2 2025 earnings at $0.69 EPS, Q3 2025 earnings at $0.65 EPS and Q4 2025 earnings at $0.64 EPS.

Other research analysts have also issued research reports about the stock. Robert W. Baird lifted their price objective on shares of Atmus Filtration Technologies from $42.00 to $48.00 and gave the stock an "outperform" rating in a research note on Tuesday. JPMorgan Chase & Co. upped their price objective on shares of Atmus Filtration Technologies from $39.00 to $47.00 and gave the company an "overweight" rating in a research report on Friday, October 11th. Wells Fargo & Company cut Atmus Filtration Technologies from an "overweight" rating to an "equal weight" rating and boosted their target price for the company from $42.00 to $45.00 in a research note on Monday. Finally, Northland Securities raised their price target on Atmus Filtration Technologies from $49.00 to $50.00 and gave the stock an "outperform" rating in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, Atmus Filtration Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $44.80.

Atmus Filtration Technologies Trading Up 2.4 %

ATMU traded up $1.01 during midday trading on Wednesday, reaching $43.57. 911,552 shares of the company were exchanged, compared to its average volume of 1,840,200. The stock has a market capitalization of $3.62 billion, a P/E ratio of 20.30, a PEG ratio of 4.79 and a beta of 1.68. Atmus Filtration Technologies has a one year low of $20.05 and a one year high of $44.66. The stock's 50-day simple moving average is $38.02 and its 200 day simple moving average is $33.15. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.30 and a current ratio of 2.11.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last posted its quarterly earnings results on Friday, November 8th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.09. The business had revenue of $404.00 million for the quarter, compared to analyst estimates of $403.40 million. Atmus Filtration Technologies had a return on equity of 134.28% and a net margin of 10.84%. The firm's revenue was up 2.0% on a year-over-year basis. During the same period last year, the company earned $0.52 EPS.

Atmus Filtration Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 13th. Shareholders of record on Thursday, October 31st will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.46%. The ex-dividend date is Thursday, October 31st. Atmus Filtration Technologies's dividend payout ratio is 9.30%.

Insider Buying and Selling at Atmus Filtration Technologies

In other Atmus Filtration Technologies news, Director Gretchen R. Haggerty acquired 5,849 shares of the stock in a transaction dated Friday, August 23rd. The shares were bought at an average cost of $34.20 per share, for a total transaction of $200,035.80. Following the completion of the acquisition, the director now directly owns 19,882 shares of the company's stock, valued at approximately $679,964.40. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.43% of the company's stock.

Institutional Investors Weigh In On Atmus Filtration Technologies

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Atmus Filtration Technologies by 366.5% during the first quarter. Vanguard Group Inc. now owns 8,080,641 shares of the company's stock worth $260,601,000 after acquiring an additional 6,348,391 shares during the period. Boston Partners acquired a new stake in Atmus Filtration Technologies during the 1st quarter worth approximately $27,102,000. Bayberry Capital Partners LP bought a new stake in Atmus Filtration Technologies in the 1st quarter valued at $25,800,000. Renaissance Technologies LLC acquired a new position in Atmus Filtration Technologies in the 2nd quarter valued at $17,743,000. Finally, Price T Rowe Associates Inc. MD increased its position in Atmus Filtration Technologies by 38.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,088,496 shares of the company's stock worth $67,355,000 after buying an additional 583,078 shares during the period. 32.73% of the stock is currently owned by institutional investors and hedge funds.

Atmus Filtration Technologies Company Profile

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.