Deutsche Bank AG Makes New Investment in Atmus Filtration Technologies Inc. $ATMU

Key Points

• Deutsche Bank initiated a position in Atmus Filtration Technologies, buying 90,521 shares worth approximately $4.6 million. Institutional investors collectively own 32.73% of the company.
• Atmus reported stronger-than-expected quarterly results, with EPS of $0.82 versus estimates of $0.78 and revenue of $527.9 million, up 16.5% year over year. The company reaffirmed fiscal 2026 EPS guidance of $2.85–$3.00.
• Analyst sentiment remains positive overall, with a “Moderate Buy” consensus and an average price target of $62 versus the stock’s reported $49.61 price. The company also maintains a quarterly dividend of $0.06 per share, while recent insider sales were attributed to tax withholding obligations.

Deutsche Bank AG bought a new stake in shares of 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 bought 90,521 shares of the company's stock, valued at approximately $4,616,000. Deutsche Bank AG owned about 0.11% of Atmus Filtration Technologies at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its stake in Atmus Filtration Technologies by 5.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,200,311 shares of the company's stock worth $166,128,000 after purchasing an additional 163,659 shares during the last quarter. Royce & Associates LP lifted its stake in shares of Atmus Filtration Technologies by 2.7% in the fourth quarter. Royce & Associates LP now owns 667,812 shares of the company's stock worth $34,666,000 after buying an additional 17,740 shares in the last quarter. Knights of Columbus Asset Advisors LLC purchased a new position in shares of Atmus Filtration Technologies in the fourth quarter worth about $1,309,000. Bank of America Corp DE boosted its position in Atmus Filtration Technologies by 33.8% during the first quarter. Bank of America Corp DE now owns 893,577 shares of the company's stock worth $50,728,000 after acquiring an additional 225,601 shares during the last quarter. Finally, California State Teachers Retirement System boosted its position in Atmus Filtration Technologies by 24.0% during the first quarter. California State Teachers Retirement System now owns 97,466 shares of the company's stock worth $5,533,000 after acquiring an additional 18,890 shares during the last quarter. 32.73% of the stock is owned by institutional investors and hedge funds.

Atmus Filtration Technologies Stock Up 3.1%

Shares of ATMU opened at $49.61 on Wednesday. The company's 50-day moving average price is $51.36 and its 200 day moving average price is $55.23. Atmus Filtration Technologies Inc. has a 12-month low of $42.60 and a 12-month high of $66.50. The company has a current ratio of 2.65, a quick ratio of 1.83 and a debt-to-equity ratio of 2.18. The firm has a market cap of $4.05 billion, a P/E ratio of 19.01, a price-to-earnings-growth ratio of 2.03 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. The business had revenue of $527.90 million during the quarter, compared to analysts' expectations of $507.02 million. Atmus Filtration Technologies had a net margin of 11.32% and a return on equity of 59.85%. The business's revenue for the quarter was up 16.5% on a year-over-year basis. During the same period last year, the business earned $0.75 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. On average, sell-side analysts forecast that Atmus Filtration Technologies Inc. will post 2.97 earnings per share for the current year.

Atmus Filtration Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Thursday, August 27th will be given a $0.06 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This is a positive change from Atmus Filtration Technologies's previous quarterly dividend of $0.06. This represents a $0.24 dividend on an annualized basis and a yield of 0.5%. Atmus Filtration Technologies's dividend payout ratio is presently 8.43%.

Insider Activity at Atmus Filtration Technologies

In other news, CFO Jack Kienzler sold 5,132 shares of the firm's stock in a transaction on Monday, June 1st. The stock was 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. This trade represents a 6.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Renee Swan sold 3,870 shares of Atmus Filtration Technologies stock in a transaction on Monday, August 17th. The shares were sold at an average price of $50.89, for a total value 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 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 sold 40,110 shares of company stock valued at $1,836,804 over the last ninety days. 0.43% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ATMU has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Atmus Filtration Technologies from a "buy" rating to a "hold" rating in a report on Sunday, June 14th. Robert W. Baird lowered their target price on Atmus Filtration Technologies from $66.00 to $63.00 and set an "outperform" rating on the stock in a report on Monday, May 4th. Wells Fargo & Company assumed coverage on Atmus Filtration Technologies in a report on Monday, August 3rd. They issued an "equal weight" rating and a $56.00 price target for the company. 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, JPMorgan Chase & Co. lowered their price objective 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. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average 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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