Bar Harbor Wealth Management Takes Position in Atmus Filtration Technologies Inc. $ATMU

Key Points

• Bar Harbor Wealth Management purchased a new stake of 112,669 shares in Atmus Filtration Technologies (≈$5.85M), leaving institutional investors with about 32.73% ownership of the company.
• Atmus beat quarterly estimates, reporting $0.66 EPS versus $0.57 expected and $446.6M revenue (up 9.8% YoY), and set FY 2026 guidance of $2.75–$3.00 EPS.
• Analyst sentiment is mixed with several recent downgrades and price-target cuts, but the consensus rating remains “Moderate Buy” with an average price target of $58.25; the stock trades at a market cap of $5.16B and a P/E of 25.25.

Bar Harbor Wealth Management purchased a new stake in Atmus Filtration Technologies Inc. (NYSE:ATMU - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 112,669 shares of the company's stock, valued at approximately $5,849,000. Bar Harbor Wealth Management owned 0.14% of Atmus Filtration Technologies at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ATMU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Atmus Filtration Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,874 shares of the company's stock valued at $1,832,000 after buying an additional 2,176 shares during the period. Millennium Management LLC grew its stake in shares of Atmus Filtration Technologies by 17.5% in the 1st quarter. Millennium Management LLC now owns 219,639 shares of the company's stock valued at $8,067,000 after buying an additional 32,727 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Atmus Filtration Technologies by 143.1% in the 1st quarter. Jones Financial Companies Lllp now owns 700 shares of the company's stock valued at $26,000 after buying an additional 412 shares during the period. Caxton Associates LLP purchased a new position in shares of Atmus Filtration Technologies during the 1st quarter worth approximately $283,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Atmus Filtration Technologies by 2.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 159,638 shares of the company's stock worth $5,864,000 after purchasing an additional 3,419 shares during the period. Hedge funds and other institutional investors own 32.73% of the company's stock.

Atmus Filtration Technologies Price Performance

Shares of ATMU opened at $63.14 on Friday. Atmus Filtration Technologies Inc. has a 1-year low of $31.68 and a 1-year high of $66.50. The stock has a market cap of $5.16 billion, a PE ratio of 25.25, a price-to-earnings-growth ratio of 2.88 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 firm has a fifty day moving average price of $60.72 and a 200 day moving average price of $53.69.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last announced its quarterly earnings results on Friday, February 13th. The company reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.09. Atmus Filtration Technologies had a net margin of 11.76% and a return on equity of 69.78%. The firm had revenue of $446.60 million during the quarter, compared to analysts' expectations of $422.25 million. During the same period in the previous year, the company earned $0.58 earnings per share. Atmus Filtration Technologies's quarterly revenue was up 9.8% compared to the same quarter last year. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. As a group, sell-side analysts anticipate that Atmus Filtration Technologies Inc. will post 2.52 EPS for the current year.

Atmus Filtration Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Friday, February 20th were issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, February 20th. Atmus Filtration Technologies's dividend payout ratio is presently 8.80%.

Analyst Ratings Changes

A number of research firms recently weighed in on ATMU. Zacks Research cut shares of Atmus Filtration Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 6th. Wells Fargo & Company lowered their price objective on shares of Atmus Filtration Technologies from $67.00 to $58.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 1st. Wall Street Zen cut shares of Atmus Filtration Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Atmus Filtration Technologies in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Atmus Filtration Technologies from $73.00 to $70.00 and set an "overweight" rating for the company in a research report on Wednesday, April 1st. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $58.25.

About Atmus Filtration Technologies

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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