UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 21,579 Shares of Atmus Filtration Technologies Inc. $ATMU

Key Points

• UBS Asset Management increased its Atmus Filtration Technologies position by 16.1% in the second quarter, buying 21,579 shares and bringing its holdings to 155,476 shares valued at approximately $7.9 million.
• Atmus exceeded quarterly expectations, reporting $0.82 in adjusted earnings per share versus the $0.78 consensus 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 moderately positive, with a consensus “Moderate Buy” rating and a $62 target price, although some firms downgraded the stock to “Hold.” The company also declared a $0.06 quarterly dividend, representing a 0.5% yield.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Atmus Filtration Technologies Inc. (NYSE:ATMU - Free Report) by 16.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 155,476 shares of the company's stock after buying an additional 21,579 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.19% of Atmus Filtration Technologies worth $7,928,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP bought a new position in Atmus Filtration Technologies in the second quarter valued at approximately $25,000. Jones Financial Companies Lllp lifted its stake in 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 purchasing an additional 412 shares during the last quarter. Essex Investment Management Co. LLC bought a new stake in Atmus Filtration Technologies during the fourth quarter worth $37,000. GHP Investment Advisors Inc. bought a new stake in Atmus Filtration Technologies during the first quarter worth $44,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Atmus Filtration Technologies by 87.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 849 shares of the company's stock valued at $44,000 after purchasing an additional 397 shares in the last quarter. Institutional investors own 32.73% of the company's stock.

Insiders Place Their Bets

In other news, Director Stephen E. Macadam purchased 2,000 shares of the business's stock in a transaction dated Wednesday, August 12th. The shares were purchased at an average cost of $49.78 per share, with a total value of $99,560.00. Following the completion of the purchase, the director owned 40,588 shares of the company's stock, valued at $2,020,470.64. This trade represents a 5.18% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, insider Renee Swan sold 3,870 shares of Atmus Filtration Technologies stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $50.89, for a total value of $196,944.30. Following the sale, the insider directly owned 46,875 shares in the company, valued at $2,385,468.75. The trade was a 7.63% decrease in their ownership of the stock. 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. Insiders own 0.43% of the company's stock.

Atmus Filtration Technologies Price Performance

Shares of NYSE:ATMU opened at $48.18 on Tuesday. Atmus Filtration Technologies Inc. has a one year low of $42.60 and a one year high of $66.50. 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 $3.93 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 2.03 and a beta of 1.17. The firm has a 50 day simple moving average of $50.65 and a 200 day simple moving average of $54.29.

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 analysts' consensus estimates of $0.78 by $0.04. The firm had revenue of $527.90 million for 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 company's revenue was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.75 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. Research 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Thursday, August 27th will be given a dividend of $0.06 per share. The ex-dividend date is Thursday, August 27th. This represents a $0.24 dividend on an annualized basis and a yield of 0.5%. This is an increase from Atmus Filtration Technologies's previous quarterly dividend of $0.06. Atmus Filtration Technologies's dividend payout ratio is presently 9.20%.

Analysts Set New Price Targets

ATMU has been the topic of several recent analyst reports. Wall Street Zen lowered Atmus Filtration Technologies from a "buy" rating to a "hold" rating in a research note on Sunday, June 14th. Weiss Ratings downgraded Atmus Filtration Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, August 25th. Finally, Wells Fargo & Company began coverage on Atmus Filtration Technologies in a research note on Monday, August 3rd. They issued an "equal weight" rating and a $56.00 price objective on the stock. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Atmus Filtration Technologies currently has an average rating of "Moderate Buy" and a consensus 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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