767,841 Shares in Atmus Filtration Technologies Inc. $ATMU Purchased by The Manufacturers Life Insurance Company

Key Points

• The Manufacturers Life Insurance Company acquired 767,841 Atmus Filtration Technologies shares worth approximately $39.2 million, giving it a 0.94% stake. Institutional investors collectively own 32.73% of ATMU.
• Atmus reported quarterly EPS of $0.82, exceeding estimates of $0.78, while revenue rose 16.5% year over year to $527.9 million. The company reaffirmed fiscal 2026 EPS guidance of $2.85–$3.00.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $62 price target versus the stock’s recent $49.34 price. Atmus also declared a quarterly dividend of $0.06 per share.

The Manufacturers Life Insurance Company bought a new stake in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 767,841 shares of the company's stock, valued at approximately $39,152,000. The Manufacturers Life Insurance Company owned 0.94% of Atmus Filtration Technologies at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of ATMU. Marathon Partners Equity Management LLC acquired a new stake in shares of Atmus Filtration Technologies during the 2nd quarter worth approximately $3,926,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Atmus Filtration Technologies in the second quarter valued at approximately $3,217,000. Elevation Point Wealth Partners LLC bought a new position in Atmus Filtration Technologies in the second quarter valued at approximately $397,000. Quantbot Technologies LP acquired a new stake in Atmus Filtration Technologies during the 2nd quarter worth $677,000. Finally, Emerald Investment Advisers LLC acquired a new stake in Atmus Filtration Technologies during the 2nd quarter worth $3,212,000. Institutional investors own 32.73% of the company's stock.

Atmus Filtration Technologies Trading Down 0.6%

NYSE ATMU opened at $49.34 on Thursday. The firm has a market cap of $4.03 billion, a P/E ratio of 18.90, a P/E/G ratio of 2.09 and a beta of 1.19. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.65 and a quick ratio of 1.83. The stock's 50-day moving average is $51.33 and its 200-day moving average is $55.15. Atmus Filtration Technologies Inc. has a one year low of $42.60 and a one year high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.04. Atmus Filtration Technologies had a return on equity of 59.85% and a net margin of 11.32%.The business had revenue of $527.90 million during the quarter, compared to analyst estimates of $507.02 million. During the same period in the previous year, the firm earned $0.75 EPS. Atmus Filtration Technologies's quarterly revenue was up 16.5% compared to the same quarter last year. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. Sell-side analysts anticipate that Atmus Filtration Technologies Inc. will post 2.97 earnings per share for the current fiscal year.

Atmus Filtration Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Thursday, August 27th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.5%. This is a boost from Atmus Filtration Technologies's previous quarterly dividend of $0.06. The ex-dividend date is Thursday, August 27th. Atmus Filtration Technologies's dividend payout ratio is currently 9.20%.

Analysts Set New Price Targets

ATMU has been the topic of a number of analyst reports. JPMorgan Chase & Co. cut their price target on Atmus Filtration Technologies from $70.00 to $67.00 and set an "overweight" rating on the stock in a research note on Monday, May 4th. Robert W. Baird dropped their price objective on Atmus Filtration Technologies from $66.00 to $63.00 and set an "outperform" rating for the company in a report on Monday, May 4th. Wall Street Zen cut Atmus Filtration Technologies from a "buy" rating to a "hold" rating in a report on Sunday, June 14th. Weiss Ratings upgraded Atmus Filtration Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Finally, Wells Fargo & Company started coverage on Atmus Filtration Technologies in a research note on Monday, August 3rd. They issued an "equal weight" rating and a $56.00 price target for the company. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Atmus Filtration Technologies has an average rating of "Moderate Buy" and a consensus price target of $62.00.

Insider Activity at Atmus Filtration Technologies

In related news, CEO Stephanie Disher sold 25,652 shares of the business's stock in a transaction on Monday, June 1st. The shares were sold at an average price of $45.25, for a total value of $1,160,753.00. Following the sale, the chief executive officer directly owned 363,024 shares of the company's stock, valued at approximately $16,426,836. The trade was a 6.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Stephen E. Macadam bought 2,000 shares of Atmus Filtration Technologies stock in a transaction that occurred on Wednesday, August 12th. The stock was bought at an average cost of $49.78 per share, with a total value of $99,560.00. Following the completion of the purchase, the director 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. Insiders have sold 40,110 shares of company stock valued at $1,836,804 over the last three months. Insiders own 0.43% of the company's stock.

Atmus Filtration Technologies 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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