Emerald Investment Advisers LLC Invests $3.21 Million in Atmus Filtration Technologies Inc. $ATMU

Key Points

• Emerald Investment Advisers purchased 62,996 Atmus Filtration Technologies shares worth approximately $3.21 million, while institutional investors collectively owned 32.73% of the company.
• Atmus exceeded quarterly expectations, reporting $0.82 EPS and $527.9 million in revenue, up 16.5% year over year. The company issued fiscal 2026 EPS guidance of $2.85–$3.00.
• Analysts maintain a “Moderate Buy” consensus with an average $62 price target versus the stock’s $49.80 opening price, and the company declared a $0.06 quarterly dividend, equal to a 0.5% yield.

Emerald Investment Advisers LLC purchased a new position in Atmus Filtration Technologies Inc. (NYSE:ATMU - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 62,996 shares of the company's stock, valued at approximately $3,212,000. Emerald Investment Advisers LLC owned approximately 0.08% of Atmus Filtration Technologies at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Atmus Filtration Technologies in the second quarter worth about $631,617,000. Arrowstreet Capital Limited Partnership increased its position in shares of Atmus Filtration Technologies by 193.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 999,548 shares of the company's stock valued at $56,744,000 after acquiring an additional 659,357 shares in the last quarter. First Trust Advisors LP increased its position in shares of Atmus Filtration Technologies by 39.5% during the fourth quarter. First Trust Advisors LP now owns 2,131,911 shares of the company's stock valued at $110,668,000 after acquiring an additional 603,954 shares in 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 worth $242,830,000 after acquiring an additional 596,553 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in Atmus Filtration Technologies in the 2nd quarter worth approximately $29,516,000. 32.73% of the stock is owned by hedge funds and other institutional investors.

Atmus Filtration Technologies Stock Up 0.9%

Atmus Filtration Technologies stock opened at $49.80 on Friday. Atmus Filtration Technologies Inc. has a one year low of $42.60 and a one year high of $66.50. The stock has a fifty day moving average of $51.44 and a 200 day moving average of $55.44. The company has a debt-to-equity ratio of 2.18, a quick ratio of 1.83 and a current ratio of 2.65. The stock has a market cap of $4.06 billion, a PE ratio of 19.08, a price-to-earnings-growth ratio of 2.10 and a beta of 1.19.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last announced its earnings results on Friday, August 7th. The company reported $0.82 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts' expectations of $507.02 million. During the same period last year, the firm posted $0.75 earnings per share. The business's revenue for the quarter was up 16.5% on a year-over-year basis. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. As a group, sell-side analysts predict that Atmus Filtration Technologies Inc. will post 2.97 EPS for the current year.

Atmus Filtration Technologies Increases Dividend

The firm also recently declared 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 is Thursday, August 27th. This is a boost from Atmus Filtration Technologies's previous quarterly dividend of $0.06. This represents a $0.24 annualized dividend and a yield of 0.5%. Atmus Filtration Technologies's payout ratio is 8.43%.

Analysts Set New Price Targets

Several analysts have commented on the company. Robert W. Baird cut their target price on 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. Weiss Ratings upgraded Atmus Filtration Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, August 11th. Wall Street Zen downgraded Atmus Filtration Technologies from a "buy" rating to a "hold" rating in a report on Sunday, June 14th. Wells Fargo & Company started 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 on the stock. Finally, JPMorgan Chase & Co. reduced their price objective on Atmus Filtration Technologies from $70.00 to $67.00 and set an "overweight" rating for the company in a report on Monday, May 4th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $62.00.

Insider Buying and Selling at Atmus Filtration Technologies

In other news, SVP Charles Masters sold 2,890 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 $130,772.50. Following the transaction, the senior vice president owned 43,579 shares in the company, valued at $1,971,949.75. This trade represents a 6.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 the business's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $50.89, for a total transaction of $196,944.30. Following the sale, the insider directly owned 46,875 shares of the company's stock, valued at approximately $2,385,468.75. The trade was a 7.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 40,110 shares of company stock worth $1,836,804. 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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