Robert W. Baird Lowers Atmus Filtration Technologies (NYSE:ATMU) Price Target to $63.00

Key Points

• Robert W. Baird cut its price target on Atmus Filtration Technologies from $66.00 to $63.00 while keeping an "outperform" rating, implying roughly an 18.99% upside from the stock's prior close.
• Analyst sentiment is mixed but generally positive—four Buys and three Holds translate to a MarketBeat consensus of "Moderate Buy" with a consensus target of $57.50, while firms like JPMorgan and Zacks have recently trimmed targets/ratings.
• Fundamentals remain solid: Atmus posted an EPS beat ($0.69 vs. $0.65) and $477.5M in revenue (+14.6% YoY), and set FY2026 guidance of $2.75–$3.00 EPS (sell‑side average ~2.9 EPS).

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) had its target price reduced by equities researchers at Robert W. Baird from $66.00 to $63.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Robert W. Baird's price objective suggests a potential upside of 18.99% from the stock's previous close.

Several other brokerages have also recently commented on ATMU. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Atmus Filtration Technologies in a research report on Wednesday, January 21st. Zacks Research cut Atmus Filtration Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 6th. JPMorgan Chase & Co. reduced their price objective on Atmus Filtration Technologies from $73.00 to $70.00 and set an "overweight" rating for the company in a research report on Wednesday, April 1st. Citigroup reissued an "outperform" rating on shares of Atmus Filtration Technologies in a research report on Wednesday, February 18th. Finally, Wall Street Zen raised Atmus Filtration Technologies from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $57.50.

Atmus Filtration Technologies Stock Performance

Shares of Atmus Filtration Technologies stock opened at $52.94 on Monday. The stock has a market cap of $4.32 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The business has a fifty day simple moving average of $60.58 and a 200-day simple moving average of $55.57. The company has a quick ratio of 1.66, a current ratio of 2.42 and a debt-to-equity ratio of 1.43. Atmus Filtration Technologies has a 12 month low of $34.58 and a 12 month high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last issued its earnings results on Friday, May 1st. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.65 by $0.04. The business had revenue of $477.50 million during the quarter, compared to analysts' expectations of $474.41 million. Atmus Filtration Technologies had a return on equity of 67.08% and a net margin of 11.56%.Atmus Filtration Technologies's revenue was up 14.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.63 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. On average, sell-side analysts anticipate that Atmus Filtration Technologies will post 2.9 EPS for the current fiscal year.

Hedge Funds Weigh In On Atmus Filtration Technologies

Institutional investors have recently bought and sold shares of the stock. Channing Capital Management LLC raised its holdings in Atmus Filtration Technologies by 3,192.8% during the third quarter. Channing Capital Management LLC now owns 1,715,015 shares of the company's stock valued at $77,330,000 after buying an additional 1,662,931 shares in the last quarter. Altrinsic Global Advisors LLC increased its stake in shares of Atmus Filtration Technologies by 21.8% in the third quarter. Altrinsic Global Advisors LLC now owns 251,382 shares of the company's stock worth $11,335,000 after purchasing an additional 45,005 shares during the period. Kennedy Capital Management LLC increased its stake in shares of Atmus Filtration Technologies by 90.6% in the third quarter. Kennedy Capital Management LLC now owns 351,610 shares of the company's stock worth $15,854,000 after purchasing an additional 167,095 shares during the period. Mangrove Partners IM LLC increased its stake in shares of Atmus Filtration Technologies by 21.0% in the third quarter. Mangrove Partners IM LLC now owns 1,330,553 shares of the company's stock worth $59,995,000 after purchasing an additional 230,922 shares during the period. Finally, New York State Common Retirement Fund increased its stake in shares of Atmus Filtration Technologies by 1,589.1% in the third quarter. New York State Common Retirement Fund now owns 432,389 shares of the company's stock worth $19,496,000 after purchasing an additional 406,790 shares during the period. 32.73% of the stock is currently owned by institutional investors.

Atmus Filtration Technologies Company 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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