Atmus Filtration Technologies (NYSE:ATMU) Price Target Increased to $37.00 by Analysts at Robert W. Baird

Atmus Filtration Technologies (NYSE:ATMU - Free Report) had its price objective increased by Robert W. Baird from $29.00 to $37.00 in a research note published on Wednesday, Benzinga reports. Robert W. Baird currently has an outperform rating on the stock.

A number of other equities analysts have also weighed in on the stock. Northland Securities raised shares of Atmus Filtration Technologies from a market perform rating to an outperform rating and set a $34.00 target price for the company in a research note on Wednesday, March 20th. The Goldman Sachs Group upped their price objective on Atmus Filtration Technologies from $30.00 to $34.00 and gave the stock a buy rating in a research report on Tuesday. Wells Fargo & Company lifted their target price on Atmus Filtration Technologies from $24.00 to $28.00 and gave the company an overweight rating in a research report on Tuesday, December 19th. Finally, JPMorgan Chase & Co. boosted their target price on Atmus Filtration Technologies from $36.00 to $38.00 and gave the company an overweight rating in a research note on Monday. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, Atmus Filtration Technologies has an average rating of Buy and an average price target of $32.67.

Atmus Filtration Technologies Trading Down 0.3 %

Shares of Atmus Filtration Technologies stock traded down $0.10 during trading hours on Wednesday, hitting $32.20. The company's stock had a trading volume of 1,121,965 shares, compared to its average volume of 3,215,063. The company has a quick ratio of 1.18, a current ratio of 1.85 and a debt-to-equity ratio of 7.34. The stock has a 50 day moving average of $26.87 and a 200 day moving average of $23.57. Atmus Filtration Technologies has a 12 month low of $18.21 and a 12 month high of $33.70.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last posted its earnings results on Wednesday, February 14th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.05. Atmus Filtration Technologies had a return on equity of 135.12% and a net margin of 10.52%. The business had revenue of $399.70 million during the quarter, compared to analysts' expectations of $384.55 million. Atmus Filtration Technologies's revenue was up 3.8% on a year-over-year basis. Analysts anticipate that Atmus Filtration Technologies will post 2.23 earnings per share for the current fiscal year.

Institutional Trading of Atmus Filtration Technologies

Several institutional investors and hedge funds have recently bought and sold shares of ATMU. Franklin Resources Inc. increased its position in shares of Atmus Filtration Technologies by 1.1% during the 4th quarter. Franklin Resources Inc. now owns 2,602,746 shares of the company's stock worth $61,139,000 after purchasing an additional 29,568 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its holdings in Atmus Filtration Technologies by 0.7% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 1,946,220 shares of the company's stock worth $45,717,000 after buying an additional 13,120 shares during the last quarter. Weiss Asset Management LP raised its position in Atmus Filtration Technologies by 5.6% during the fourth quarter. Weiss Asset Management LP now owns 1,931,182 shares of the company's stock worth $45,363,000 after acquiring an additional 102,479 shares in the last quarter. Vanguard Group Inc. lifted its stake in Atmus Filtration Technologies by 4.0% in the fourth quarter. Vanguard Group Inc. now owns 1,732,250 shares of the company's stock valued at $40,691,000 after acquiring an additional 67,422 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of Atmus Filtration Technologies in the 2nd quarter valued at about $34,697,000. Institutional investors own 32.73% of the company's stock.

Atmus Filtration Technologies Company Profile

Atmus Filtration Technologies Inc designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. The company offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, coolants, and fuel additives, as well as other chemicals; and fuel water separators and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users.