Atmus Filtration Technologies Inc. $ATMU Shares Purchased by Bank of America Corp DE

Key Points

• Bank of America increased its Atmus Filtration Technologies stake by 33.8% in the first quarter, acquiring 225,601 shares to own 893,577 shares worth approximately $50.7 million. Institutional investors collectively hold 32.73% of ATMU.
• Atmus reported quarterly earnings of $0.82 per share, 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.
• Analyst sentiment remains moderately positive, with a consensus “Moderate Buy” rating and an average price target of $62, although some firms recently downgraded the stock or reduced their targets. ATMU was trading at $49.60, below its 50-day and 200-day moving averages.

Bank of America Corp DE raised its position in Atmus Filtration Technologies Inc. (NYSE:ATMU - Free Report) by 33.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 893,577 shares of the company's stock after acquiring an additional 225,601 shares during the quarter. Bank of America Corp DE owned approximately 1.09% of Atmus Filtration Technologies worth $50,728,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ATMU. Goldman Sachs Group Inc. boosted its position in Atmus Filtration Technologies by 5.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,200,311 shares of the company's stock valued at $166,128,000 after buying an additional 163,659 shares during the period. Royce & Associates LP increased its position in shares of Atmus Filtration Technologies by 2.7% during the fourth quarter. Royce & Associates LP now owns 667,812 shares of the company's stock worth $34,666,000 after acquiring an additional 17,740 shares during the period. Tudor Investment Corp ET AL purchased a new stake in shares of Atmus Filtration Technologies during the third quarter worth $1,278,000. Knights of Columbus Asset Advisors LLC acquired a new stake in shares of Atmus Filtration Technologies in the fourth quarter valued at $1,309,000. Finally, California State Teachers Retirement System raised its stake in shares of Atmus Filtration Technologies by 24.0% in the first quarter. California State Teachers Retirement System now owns 97,466 shares of the company's stock valued at $5,533,000 after acquiring an additional 18,890 shares in the last quarter. 32.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Atmus Filtration Technologies

In other news, SVP Charles Masters sold 2,890 shares of the firm's stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $45.25, for a total transaction of $130,772.50. Following the transaction, the senior vice president directly owned 43,579 shares in the company, valued at approximately $1,971,949.75. This trade represents a 6.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Renee Swan sold 2,566 shares of Atmus Filtration Technologies stock in a transaction on Monday, June 1st. The shares were sold at an average price of $45.25, for a total transaction of $116,111.50. Following the completion of the transaction, the insider directly owned 50,745 shares in the company, valued at $2,296,211.25. The trade was a 4.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 36,240 shares of company stock worth $1,639,860 over the last three months. 0.43% of the stock is currently owned by company insiders.

Atmus Filtration Technologies Trading Down 0.0%

NYSE ATMU opened at $49.60 on Wednesday. The firm's fifty day moving average price is $51.05 and its 200 day moving average price is $55.84. Atmus Filtration Technologies Inc. has a 12 month low of $41.82 and a 12 month high of $66.50. 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 company has a market capitalization of $4.05 billion, a price-to-earnings ratio of 19.01, a price-to-earnings-growth ratio of 2.13 and a beta of 1.19.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.04. Atmus Filtration Technologies had a net margin of 11.32% and a return on equity of 59.85%. The firm had revenue of $527.90 million during the quarter, compared to analysts' expectations of $507.02 million. During the same period in the previous year, the company earned $0.75 earnings per share. 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. On average, sell-side analysts expect that Atmus Filtration Technologies Inc. will post 2.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on ATMU. Wall Street Zen cut Atmus Filtration Technologies from a "buy" rating to a "hold" rating in a research note on Sunday, June 14th. Weiss Ratings lowered Atmus Filtration Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. decreased their price objective on Atmus Filtration Technologies from $70.00 to $67.00 and set an "overweight" rating for the company in a research note on Monday, May 4th. Wells Fargo & Company began coverage on Atmus Filtration Technologies in a research report on Monday, August 3rd. They set an "equal weight" rating and a $56.00 price objective for the company. Finally, Robert W. Baird cut their target price on shares of Atmus Filtration Technologies from $66.00 to $63.00 and set an "outperform" rating on the stock in a research note on Monday, May 4th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Atmus Filtration Technologies has a consensus rating of "Moderate Buy" and an average target price of $62.00.

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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