Atmus Filtration Technologies (NYSE:ATMU) Cut to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen downgraded Atmus Filtration Technologies from a "strong-buy" to a "buy", while overall coverage is mixed with four Buy and three Hold ratings and a consensus of "Moderate Buy" and an average price target of $58.25.
• Atmus beat Q results (EPS $0.66 vs. $0.57 expected; revenue $446.6M vs. $422.3M expected) and set FY2026 guidance of 2.75–3.00 EPS, above current analyst estimates of about 2.52 EPS.
• The stock trades near $63.14 with a $5.16B market cap, a P/E of ~25.3 and a 12‑month range of $31.68–$66.50, and institutional ownership is roughly 32.7% after several funds materially increased stakes.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research note issued to investors on Saturday.

A number of other equities research analysts have also commented on ATMU. Zacks Research lowered shares of Atmus Filtration Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday, April 6th. Wells Fargo & Company decreased their price objective on shares of Atmus Filtration Technologies from $67.00 to $58.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 1st. JPMorgan Chase & Co. decreased their price objective on shares of Atmus Filtration Technologies from $73.00 to $70.00 and set an "overweight" rating on the stock in a report on Wednesday, April 1st. Citigroup reissued an "outperform" rating on shares of Atmus Filtration Technologies in a report on Wednesday, February 18th. Finally, Robert W. Baird decreased their price objective on shares of Atmus Filtration Technologies from $69.00 to $66.00 and set an "outperform" rating on the stock in a report on Monday, March 30th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $58.25.

Atmus Filtration Technologies Trading Down 0.6%

Shares of Atmus Filtration Technologies stock opened at $63.14 on Friday. The stock has a market capitalization of $5.16 billion, a P/E ratio of 25.25, a price-to-earnings-growth ratio of 2.88 and a beta of 1.58. The company has a quick ratio of 1.66, a current ratio of 2.42 and a debt-to-equity ratio of 1.43. The company has a 50-day simple moving average of $60.72 and a 200 day simple moving average of $53.69. Atmus Filtration Technologies has a 12-month low of $31.68 and a 12-month high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last announced its earnings results on Friday, February 13th. The company reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.09. The business had revenue of $446.60 million during the quarter, compared to analysts' expectations of $422.25 million. Atmus Filtration Technologies had a net margin of 11.76% and a return on equity of 69.78%. The firm's revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the company posted $0.58 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Research analysts expect that Atmus Filtration Technologies will post 2.52 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Atmus Filtration Technologies

Several institutional investors have recently modified their holdings of ATMU. Channing Capital Management LLC boosted its stake in Atmus Filtration Technologies by 3,192.8% during the 3rd quarter. Channing Capital Management LLC now owns 1,715,015 shares of the company's stock worth $77,330,000 after acquiring an additional 1,662,931 shares during the last quarter. Altrinsic Global Advisors LLC boosted its stake in Atmus Filtration Technologies by 21.8% during the 3rd quarter. Altrinsic Global Advisors LLC now owns 251,382 shares of the company's stock worth $11,335,000 after acquiring an additional 45,005 shares during the last quarter. Mangrove Partners IM LLC boosted its stake in Atmus Filtration Technologies by 21.0% during the 3rd quarter. Mangrove Partners IM LLC now owns 1,330,553 shares of the company's stock worth $59,995,000 after acquiring an additional 230,922 shares during the last quarter. Kennedy Capital Management LLC boosted its stake in Atmus Filtration Technologies by 90.6% during the 3rd quarter. Kennedy Capital Management LLC now owns 351,610 shares of the company's stock worth $15,854,000 after acquiring an additional 167,095 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its stake in Atmus Filtration Technologies by 1,589.1% during the 3rd quarter. New York State Common Retirement Fund now owns 432,389 shares of the company's stock worth $19,496,000 after acquiring an additional 406,790 shares during the last quarter. 32.73% of the stock is currently owned by institutional investors and hedge funds.

About Atmus Filtration Technologies

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.

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