Atmus Filtration Technologies (NYSE:ATMU) Issues FY 2025 Earnings Guidance

Key Points

• Atmus Filtration Technologies has issued FY 2025 earnings guidance with EPS expectations between 2.400-2.600, slightly below the consensus estimate of 2.489.
• Institutional investors currently hold 32.73% of Atmus Filtration Technologies' stock, with significant stakes being increased by firms such as Jones Financial Companies and MIRAE ASSET GLOBAL ETFS HOLDINGS.
• The company's recent quarterly dividend declared was $0.05 per share, yielding 0.5%, reflecting a payout ratio of 9.05%.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 2.400-2.600 for the period, compared to the consensus EPS estimate of 2.489. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Wells Fargo & Company lifted their target price on shares of Atmus Filtration Technologies from $37.00 to $39.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. The Goldman Sachs Group cut shares of Atmus Filtration Technologies from a "buy" rating to a "neutral" rating and set a $39.00 price target on the stock. in a report on Tuesday, May 27th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Atmus Filtration Technologies from $38.00 to $41.00 and gave the company an "overweight" rating in a report on Monday, May 5th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Atmus Filtration Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $42.80.

Atmus Filtration Technologies Trading Up 2.7%

Shares of ATMU stock opened at $38.61 on Friday. The company's fifty day simple moving average is $37.13 and its two-hundred day simple moving average is $37.34. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.23 and a quick ratio of 1.46. Atmus Filtration Technologies has a 1 year low of $30.85 and a 1 year high of $45.43. The stock has a market capitalization of $3.19 billion, a price-to-earnings ratio of 17.47, a PEG ratio of 4.66 and a beta of 1.64.

Atmus Filtration Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Tuesday, June 3rd were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, June 3rd. Atmus Filtration Technologies's payout ratio is 9.05%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ATMU. Jones Financial Companies Lllp increased its stake in Atmus Filtration Technologies by 143.1% in the first quarter. Jones Financial Companies Lllp now owns 700 shares of the company's stock valued at $26,000 after acquiring an additional 412 shares during the last quarter. Strs Ohio purchased a new stake in Atmus Filtration Technologies during the first quarter valued at about $121,000. Caxton Associates LLP purchased a new stake in Atmus Filtration Technologies during the first quarter valued at about $283,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Atmus Filtration Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,874 shares of the company's stock valued at $1,832,000 after buying an additional 2,176 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Atmus Filtration Technologies by 2.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 159,638 shares of the company's stock valued at $5,864,000 after buying an additional 3,419 shares during the period. Institutional investors own 32.73% of the company's stock.

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.

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