Renaissance Technologies LLC Has $1.06 Million Position in Atmus Filtration Technologies Inc. $ATMU

Key Points

• Renaissance Technologies cut its Atmus Filtration Technologies position by 60.5% in the first quarter, selling 28,700 shares and retaining 18,700 shares valued at approximately $1.06 million. Institutional investors and hedge funds own 32.73% of the company.
• Atmus reported quarterly EPS of $0.82 and revenue of $527.9 million, beating analyst estimates of $0.78 and $507.0 million, respectively; revenue increased 16.5% year over year. The company guided to fiscal 2026 EPS of $2.85–$3.00.
• The stock opened at $50.92, while analysts maintain a “Moderate Buy” consensus with an average price target of $62.00. Atmus also declared a quarterly dividend of $0.06 per share, equivalent to a 0.5% annualized yield.

Renaissance Technologies LLC lowered its holdings in Atmus Filtration Technologies Inc. (NYSE:ATMU - Free Report) by 60.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,700 shares of the company's stock after selling 28,700 shares during the quarter. Renaissance Technologies LLC's holdings in Atmus Filtration Technologies were worth $1,062,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ATMU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Atmus Filtration Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,874 shares of the company's stock worth $1,832,000 after purchasing an additional 2,176 shares in the last quarter. Millennium Management LLC increased its stake in Atmus Filtration Technologies by 17.5% during the 1st quarter. Millennium Management LLC now owns 219,639 shares of the company's stock worth $8,067,000 after purchasing an additional 32,727 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Atmus Filtration Technologies by 143.1% during the first quarter. Jones Financial Companies Lllp now owns 700 shares of the company's stock worth $26,000 after acquiring an additional 412 shares during the period. Caxton Associates LLP bought a new stake in shares of Atmus Filtration Technologies in the first quarter valued at about $283,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Atmus Filtration Technologies by 2.2% in 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 valued at $5,864,000 after acquiring an additional 3,419 shares in the last quarter. 32.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Renee Swan sold 2,566 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 value of $116,111.50. Following the sale, the insider directly owned 50,745 shares of the company's stock, valued at $2,296,211.25. This trade represents a 4.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Charles Masters sold 2,890 shares of the firm's stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $45.25, for a total value of $130,772.50. Following the sale, the senior vice president owned 43,579 shares in the company, valued at $1,971,949.75. The trade was a 6.22% 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. In the last quarter, insiders have sold 36,240 shares of company stock worth $1,639,860. Company insiders own 0.43% of the company's stock.

Atmus Filtration Technologies Stock Performance

Shares of ATMU stock opened at $50.92 on Friday. 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 cap of $4.16 billion, a P/E ratio of 19.51, a P/E/G ratio of 2.11 and a beta of 1.19. Atmus Filtration Technologies Inc. has a one year low of $41.82 and a one year high of $66.50. The firm has a 50-day moving average of $51.25 and a 200-day moving average of $55.70.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last issued its quarterly 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 net margin of 11.32% and a return on equity of 59.85%. The company had revenue of $527.90 million during the quarter, compared to analyst estimates of $507.02 million. During the same quarter last year, the business posted $0.75 EPS. 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. Equities research analysts forecast that Atmus Filtration Technologies Inc. will post 2.94 EPS for the current fiscal year.

Atmus Filtration Technologies Increases Dividend

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

Wall Street Analysts Forecast Growth

ATMU has been the subject of a number of research reports. Robert W. Baird cut their target price on shares of 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. Wall Street Zen lowered Atmus Filtration Technologies from a "buy" rating to a "hold" rating in a report on Sunday, June 14th. Weiss Ratings upgraded shares of Atmus Filtration Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday. JPMorgan Chase & Co. dropped their target price on shares of Atmus Filtration Technologies from $70.00 to $67.00 and set an "overweight" rating for the company in a report on Monday, May 4th. Finally, Wells Fargo & Company started coverage on Atmus Filtration Technologies in a report on Monday, August 3rd. They set an "equal weight" rating and a $56.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target 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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