Atmus Filtration Technologies (NYSE:ATMU) Shares Gap Down - What's Next?

Key Points

• Atmus Filtration shares gapped down at Friday's open from $63.40 to $54.02 and were last around $54.18 on volume of about 382,139 shares, a drop of roughly 14.7%.
• The company beat Q earnings and revenue estimates (EPS $0.69 vs. $0.65; revenue $477.5M vs. $474.4M), reported 14.6% YoY revenue growth, and set FY2026 guidance of 2.75–3.00 EPS.
• Analysts have trimmed price targets and adjusted ratings recently, but consensus remains a Moderate Buy with an average price target of $58.25, modestly above the current trading level.

Atmus Filtration Technologies Inc. (NYSE:ATMU - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $63.40, but opened at $54.02. Atmus Filtration Technologies shares last traded at $54.1770, with a volume of 382,139 shares traded.

Analyst Ratings Changes

ATMU has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their price objective on Atmus Filtration Technologies from $73.00 to $70.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 1st. Zacks Research downgraded 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 Atmus Filtration Technologies from $67.00 to $58.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 1st. Wall Street Zen downgraded Atmus Filtration Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, April 11th. Finally, Citigroup restated an "outperform" rating on shares of Atmus Filtration Technologies in a research note on Wednesday, February 18th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $58.25.

Atmus Filtration Technologies Stock Performance

The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 21.39, a PEG ratio of 2.75 and a beta of 1.58. The company has a debt-to-equity ratio of 1.43, a current ratio of 2.42 and a quick ratio of 1.66. The stock has a 50 day simple moving average of $60.58 and a two-hundred day simple moving average of $55.40.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last released its quarterly earnings data on Friday, May 1st. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.04. The business had revenue of $477.50 million for the quarter, compared to the consensus estimate of $474.41 million. Atmus Filtration Technologies had a return on equity of 69.78% and a net margin of 11.76%.The business's revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.63 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. As a group, analysts anticipate that Atmus Filtration Technologies Inc. will post 2.9 earnings per share for the current year.

Atmus Filtration Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Friday, February 20th were paid a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 0.4%. The ex-dividend date was Friday, February 20th. Atmus Filtration Technologies's dividend payout ratio is currently 8.80%.

Institutional Trading of Atmus Filtration Technologies

Several institutional investors have recently modified their holdings of ATMU. Channing Capital Management LLC grew its position in shares of Atmus Filtration Technologies by 3,192.8% in the 3rd quarter. Channing Capital Management LLC now owns 1,715,015 shares of the company's stock valued at $77,330,000 after buying an additional 1,662,931 shares during the last quarter. Boston Trust Walden Corp acquired a new position in Atmus Filtration Technologies during the fourth quarter worth approximately $44,304,000. First Trust Advisors LP boosted its holdings in shares of Atmus Filtration Technologies by 39.5% in the fourth quarter. First Trust Advisors LP now owns 2,131,911 shares of the company's stock valued at $110,668,000 after acquiring an additional 603,954 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Atmus Filtration Technologies by 14.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,677,884 shares of the company's stock worth $242,830,000 after acquiring an additional 596,553 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Atmus Filtration Technologies by 22.7% in the 4th quarter. Invesco Ltd. now owns 2,728,470 shares of the company's stock valued at $141,635,000 after acquiring an additional 504,647 shares during the period. Hedge funds and other institutional investors own 32.73% 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.

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