Atmus Filtration Technologies (NYSE:ATMU) Posts Earnings Results, Beats Expectations By $0.04 EPS

Key Points

• Atmus reported quarterly EPS of $0.77, beating the $0.73 consensus, while revenue rose 13.9% year over year to $510 million, also above expectations.
• The company raised its 2026 guidance to adjusted EPS of $2.90–$3.05 and revenue of $2.01 billion–$2.035 billion, while maintaining its adjusted EBITDA margin outlook.
• Atmus authorized a new $300 million share repurchase program after paying down $100 million of debt and reaching 1.7x net leverage.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) posted its earnings results on Friday. The company reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.04, FiscalAI reports. The business had revenue of $510.00 million during the quarter, compared to the consensus estimate of $501.59 million. Atmus Filtration Technologies had a net margin of 11.32% and a return on equity of 59.85%. The firm's revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.69 EPS. Atmus Filtration Technologies updated its FY 2026 guidance to 2.900-3.050 EPS.

Here are the key takeaways from Atmus Filtration Technologies' conference call:

• Atmus raised its 2026 revenue outlook to $2.01 billion–$2.035 billion and adjusted EPS guidance to $2.90–$3.05, while maintaining its adjusted EBITDA margin outlook of 19.75%–20.25%.
• Third-quarter sales rose 14% to $510 million, adjusted EBITDA increased to $104 million, and adjusted free cash flow reached $88 million. Management said year-to-date free cash flow was up $61 million year over year.
• U.S. heavy- and medium-duty first-fit markets are recovering, and the company expects strength to continue into the first half of 2027, though EPA 2027 rules remain uncertain. The aftermarket is still relatively flat, conditions outside North America are mixed, and pickup demand is expected to weaken.
• After paying down $100 million of debt and reaching 1.7x net leverage, Atmus authorized a new $300 million share repurchase program and expects to increase buybacks, while keeping M&A investment as its first capital-allocation priority.
• Atmus completed the Koch Filter integration and is investing in growth, including a HEPA clean room and a planned Florida facility. Management sees higher-efficiency products as a potential source of growth and stronger margins.

Atmus Filtration Technologies Trading Up 9.3%

NYSE:ATMU traded up $4.31 during mid-day trading on Friday, hitting $50.47. 1,005,399 shares of the stock traded hands, compared to its average volume of 655,302. The stock has a market capitalization of $4.12 billion, a price-to-earnings ratio of 16.66, a PEG ratio of 2.01 and a beta of 1.17. The firm's 50 day moving average is $45.34 and its two-hundred day moving average is $52.89. Atmus Filtration Technologies has a 52 week low of $40.75 and a 52 week high of $66.50. The company has a quick ratio of 1.83, a current ratio of 2.65 and a debt-to-equity ratio of 2.18.

Atmus Filtration Technologies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Thursday, August 27th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, August 27th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Atmus Filtration Technologies's previous quarterly dividend of $0.0550. Atmus Filtration Technologies's dividend payout ratio is presently 9.20%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ATMU shares. Wells Fargo & Company assumed coverage on shares of Atmus Filtration Technologies in a research report on Monday, August 3rd. They issued an "equal weight" rating and a $56.00 price target on the stock. JPMorgan Chase & Co. reduced their price target on shares of Atmus Filtration Technologies from $67.00 to $54.00 and set an "overweight" rating on the stock in a report on Thursday, October 8th. Finally, Weiss Ratings upgraded Atmus Filtration Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, October 8th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Atmus Filtration Technologies presently has a consensus rating of "Moderate Buy" and an average price target of $57.67.

Insiders Place Their Bets

In other Atmus Filtration Technologies news, insider Renee Swan sold 3,870 shares of Atmus Filtration Technologies stock in a transaction on Monday, August 17th. The stock was sold at an average price of $50.89, for a total transaction of $196,944.30. Following the completion of the sale, the insider directly owned 46,875 shares of the company's stock, valued at $2,385,468.75. The trade was a 7.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Stephen E. Macadam purchased 2,000 shares of the stock in a transaction dated Wednesday, August 12th. The stock was acquired at an average cost of $49.78 per share, with a total value of $99,560.00. Following the transaction, the director directly owned 40,588 shares in the company, valued at approximately $2,020,470.64. This trade represents a 5.18% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.43% of the company's stock.

Key Atmus Filtration Technologies News

Here are the key news stories impacting Atmus Filtration Technologies this week:

• Positive Sentiment: Q3 adjusted earnings were $0.77 per share, above estimates of roughly $0.73–$0.74 and up from $0.69 a year earlier. Sales rose 13.9% year over year to $510 million, also topping expectations; net income was $61 million. Atmus Filtration Technologies Reports Third Quarter 2026 Results
• Positive Sentiment: The company raised its 2026 EPS guidance to $2.90–$3.05, a range that includes and extends above the approximately $2.96 analyst consensus. Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Atmus authorized a $300 million share-buyback program, which may support shareholder returns and signal confidence in the business. Atmus Announces $300 Million Equity Buyback
• Neutral Sentiment: Full-year revenue guidance is $2.0 billion, in line with analyst expectations, so the outlook’s stronger signal came primarily from the EPS range. Atmus Filtration Technologies Reports Third Quarter 2026 Results

Atmus Filtration Technologies Company Profile

Atmus Filtration Technologies Inc NYSE: ATMU is a filtration products and solutions company serving the commercial vehicle, industrial, agriculture, construction, mining and power-generation markets. The company develops and manufactures filtration technologies designed to protect engines, equipment and other critical systems while supporting performance and maintenance requirements.

Atmus's product portfolio includes air, fuel, lube and hydraulic filtration products, as well as solutions for emissions control, crankcase ventilation and coolant management.

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