Bank of New York Mellon Corp Takes Position in Atmus Filtration Technologies Inc. $ATMU

Key Points

• Bank of New York Mellon acquired 578,864 Atmus Filtration Technologies shares valued at approximately $29.5 million, while institutional investors collectively owned 32.73% of the company.
• Atmus exceeded quarterly expectations, reporting $0.82 in EPS and $527.9 million in revenue, up 16.5% year over year. Management maintained fiscal 2026 EPS guidance of $2.85–$3.00.
• Shares opened at $47.65 after declining 2.4%, below the analyst consensus target of $62. Analysts maintain a “Moderate Buy” consensus, while the company declared a quarterly dividend of $0.06 per share.

Bank of New York Mellon Corp acquired a new stake in Atmus Filtration Technologies Inc. (NYSE:ATMU - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 578,864 shares of the company's stock, valued at approximately $29,516,000. Bank of New York Mellon Corp owned 0.71% of Atmus Filtration Technologies at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership raised its position in shares of Atmus Filtration Technologies by 193.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 999,548 shares of the company's stock valued at $56,744,000 after buying an additional 659,357 shares during the period. First Trust Advisors LP increased its position in shares of Atmus Filtration Technologies by 39.5% during the 4th quarter. First Trust Advisors LP now owns 2,131,911 shares of the company's stock worth $110,668,000 after purchasing an additional 603,954 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Atmus Filtration Technologies by 14.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,677,884 shares of the company's stock valued at $242,830,000 after buying an additional 596,553 shares during the period. Invesco Ltd. raised its holdings in 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 buying an additional 504,647 shares during the period. Finally, Janus Henderson Group PLC lifted its position in Atmus Filtration Technologies by 53.4% in the fourth quarter. Janus Henderson Group PLC now owns 1,369,325 shares of the company's stock valued at $71,070,000 after buying an additional 476,429 shares during the last quarter. 32.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Stephen E. Macadam acquired 2,000 shares of the company's stock in a transaction on Wednesday, August 12th. The shares were bought at an average price of $49.78 per share, with a total value of $99,560.00. Following the completion of the acquisition, the director owned 40,588 shares in the company, valued at $2,020,470.64. This trade represents a 5.18% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jack Kienzler sold 5,132 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 $232,223.00. Following the completion of the transaction, the chief financial officer directly owned 75,804 shares in the company, valued at $3,430,131. The trade was a 6.34% 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 40,110 shares of company stock valued at $1,836,804 over the last ninety days. Company insiders own 0.43% of the company's stock.

Atmus Filtration Technologies Trading Down 2.4%

Shares of NYSE:ATMU opened at $47.65 on Friday. Atmus Filtration Technologies Inc. has a 52 week low of $42.60 and a 52 week high of $66.50. The company's 50 day moving average is $51.19 and its two-hundred day moving average is $55.01. The company has a market cap of $3.89 billion, a PE ratio of 18.26, a P/E/G ratio of 2.01 and a beta of 1.19. The company has a current ratio of 2.65, a quick ratio of 1.83 and a debt-to-equity ratio of 2.18.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last posted its earnings results on Friday, August 7th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.04. The firm had revenue of $527.90 million during the quarter, compared to analysts' expectations of $507.02 million. Atmus Filtration Technologies had a return on equity of 59.85% and a net margin of 11.32%.The firm's revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.75 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. Equities analysts predict 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. Investors of record on Thursday, August 27th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.5%. This is a boost from Atmus Filtration Technologies's previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Thursday, August 27th. Atmus Filtration Technologies's dividend payout ratio is presently 9.20%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ATMU. Weiss Ratings lowered shares of Atmus Filtration Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday. JPMorgan Chase & Co. cut their target price on Atmus Filtration Technologies from $70.00 to $67.00 and set an "overweight" rating on the stock in a research report on Monday, May 4th. Wells Fargo & Company assumed coverage on Atmus Filtration Technologies in a research note on Monday, August 3rd. They set an "equal weight" rating and a $56.00 price target on the stock. 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 research note on Monday, May 4th. Finally, Wall Street Zen cut Atmus Filtration Technologies from a "buy" rating to a "hold" rating in a research note on Sunday, June 14th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Atmus Filtration Technologies presently has an average rating of "Moderate Buy" and an average target price of $62.00.

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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