Atmus Filtration Technologies (NYSE:ATMU) Sets New 12-Month Low - What's Next?

Key Points

• Atmus Filtration Technologies fell 5.6% to a new 52-week low of $42.25, trading below both its 50-day and 200-day moving averages. Analysts maintain a “Moderate Buy” consensus with an average price target of $62.00, despite recent downgrades to “Hold.”
• The company reported stronger-than-expected quarterly results, with EPS of $0.82 versus $0.78 expected and revenue of $527.9 million, up 16.5% year over year. Fiscal 2026 EPS guidance is $2.85–$3.00.
• Atmus raised its quarterly dividend to $0.06 per share, equivalent to a 0.6% annual yield, while institutional ownership stands at 32.73%; insider activity included a director purchase and an insider sale to cover tax withholding.

Atmus Filtration Technologies Inc. (NYSE:ATMU - Get Free Report) hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as $42.25 and last traded at $41.9650, with a volume of 113589 shares trading hands. The stock had previously closed at $44.12.

Analysts Set New Price Targets

Several research firms recently commented on ATMU. Wells Fargo & Company initiated coverage on Atmus Filtration Technologies in a research note on Monday, August 3rd. They set an "equal weight" rating and a $56.00 target price for the company. Wall Street Zen lowered Atmus Filtration Technologies from a "buy" rating to a "hold" rating in a research report on Sunday, June 14th. Finally, Weiss Ratings downgraded Atmus Filtration Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, August 25th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Atmus Filtration Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $62.00.

Atmus Filtration Technologies Trading Down 5.6%

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 business's 50 day moving average is $47.78 and its 200 day moving average is $51.80. The stock has a market cap of $3.40 billion, a price-to-earnings ratio of 15.84, a P/E/G ratio of 1.93 and a beta of 1.20.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last posted its earnings results on Friday, August 7th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.78 by $0.04. The firm had revenue of $527.90 million for the quarter, compared to analyst estimates of $507.02 million. Atmus Filtration Technologies had a return on equity of 59.85% and a net margin of 11.32%.Atmus Filtration Technologies's revenue for the quarter was up 16.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.75 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. As a group, equities analysts expect that Atmus Filtration Technologies Inc. will post 2.97 earnings per share for the current fiscal year.

Atmus Filtration Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Thursday, August 27th were given a dividend of $0.06 per share. This is a boost from Atmus Filtration Technologies's previous quarterly dividend of $0.0550. The ex-dividend date of this dividend was Thursday, August 27th. This represents a $0.24 annualized dividend and a dividend yield of 0.6%. Atmus Filtration Technologies's dividend payout ratio is 9.20%.

Insider Activity at Atmus Filtration Technologies

In related news, Director Stephen E. Macadam acquired 2,000 shares of Atmus Filtration Technologies stock in a transaction dated Wednesday, August 12th. The stock was acquired at an average price of $49.78 per share, for a total transaction of $99,560.00. Following the transaction, the director owned 40,588 shares of the company's stock, valued at $2,020,470.64. This represents a 5.18% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Renee Swan sold 3,870 shares of the company'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 completion of the transaction, the insider 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. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.43% of the stock is owned by insiders.

Institutional Investors Weigh In On Atmus Filtration Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in Atmus Filtration Technologies during the second quarter worth approximately $631,617,000. First Trust Advisors LP raised its position in Atmus Filtration Technologies by 3.3% in the 1st quarter. First Trust Advisors LP now owns 2,202,816 shares of the company's stock valued at $125,054,000 after purchasing an additional 70,905 shares during the last quarter. Jupiter Topco LLC acquired a new stake in Atmus Filtration Technologies during the 2nd quarter worth $83,249,000. Janus Henderson Group PLC boosted its stake in Atmus Filtration Technologies by 13.3% during the 1st quarter. Janus Henderson Group PLC now owns 1,551,117 shares of the company's stock worth $88,104,000 after purchasing an additional 181,792 shares during the period. Finally, Wellington Management Group LLP grew its position in Atmus Filtration Technologies by 4.3% during the 2nd quarter. Wellington Management Group LLP now owns 1,445,763 shares of the company's stock worth $73,719,000 after purchasing an additional 59,342 shares during the last quarter. 32.73% of the stock is currently owned by institutional investors and hedge funds.

About Atmus Filtration Technologies

Atmus Filtration Technologies Inc NYSE: ATMU is a filtration solutions company that develops, manufactures and distributes products for commercial vehicles, off-highway equipment, power generation systems and industrial applications. The company serves original equipment manufacturers, distributors and customers in the aftermarket.

Its product portfolio includes air, fuel, lube, hydraulic and coolant filtration systems, as well as products designed to support emissions control and other engine and equipment performance needs.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.