Y Intercept Hong Kong Ltd Has $941,000 Position in Atmus Filtration Technologies Inc. $ATMU

Y Intercept Hong Kong Ltd lessened its holdings in shares of Atmus Filtration Technologies Inc. (NYSE:ATMUFree Report) by 64.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,578 shares of the company’s stock after selling 29,760 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Atmus Filtration Technologies were worth $941,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Ieq Capital LLC lifted its stake in shares of Atmus Filtration Technologies by 3.4% in the fourth quarter. Ieq Capital LLC now owns 5,530 shares of the company’s stock valued at $287,000 after buying an additional 182 shares in the last quarter. California State Teachers Retirement System grew its holdings in shares of Atmus Filtration Technologies by 0.3% during the second quarter. California State Teachers Retirement System now owns 83,277 shares of the company’s stock valued at $3,033,000 after buying an additional 236 shares during the last quarter. Anchyra Partners LLC increased its position in shares of Atmus Filtration Technologies by 6.6% during the first quarter. Anchyra Partners LLC now owns 4,256 shares of the company’s stock worth $242,000 after acquiring an additional 264 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Atmus Filtration Technologies by 14.7% during the fourth quarter. GAMMA Investing LLC now owns 2,223 shares of the company’s stock worth $115,000 after acquiring an additional 285 shares in the last quarter. Finally, Creative Planning increased its position in shares of Atmus Filtration Technologies by 4.9% during the second quarter. Creative Planning now owns 6,688 shares of the company’s stock worth $244,000 after acquiring an additional 312 shares in the last quarter. Institutional investors and hedge funds own 32.73% of the company’s stock.

Insider Transactions at Atmus Filtration Technologies

In other news, CEO Stephanie Disher sold 25,652 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $45.25, for a total value of $1,160,753.00. Following the completion of the transaction, the chief executive officer directly owned 363,024 shares of the company’s stock, valued at $16,426,836. This represents a 6.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 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 $130,772.50. Following the sale, the senior vice president directly owned 43,579 shares of the company’s stock, valued at $1,971,949.75. The trade was a 6.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 36,240 shares of company stock worth $1,639,860. 0.43% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ATMU shares. Zacks Research cut shares of Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings lowered Atmus Filtration Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. JPMorgan Chase & Co. dropped their target price on Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating on the stock in a report on Monday, May 4th. Wells Fargo & Company cut their target price on Atmus Filtration Technologies from $67.00 to $58.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 1st. Finally, Robert W. Baird decreased their price target on Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating for the company in a report on Monday, May 4th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $62.67.

Get Our Latest Analysis on ATMU

Atmus Filtration Technologies Stock Down 0.1%

ATMU opened at $50.62 on Monday. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.53 and a quick ratio of 1.70. The company’s 50-day moving average is $50.72 and its 200 day moving average is $56.14. Atmus Filtration Technologies Inc. has a fifty-two week low of $36.74 and a fifty-two week high of $66.50. The firm has a market capitalization of $4.13 billion, a P/E ratio of 19.85, a PEG ratio of 2.17 and a beta of 1.19.

Atmus Filtration Technologies (NYSE:ATMUGet Free Report) last released its quarterly earnings results on Friday, May 1st. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.04. Atmus Filtration Technologies had a net margin of 11.56% and a return on equity of 64.29%. The business had revenue of $477.50 million for the quarter, compared to analysts’ expectations of $474.41 million. During the same period in the previous year, the company earned $0.63 earnings per share. The firm’s revenue for the quarter was up 14.6% compared to the same quarter last year. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Research analysts expect that Atmus Filtration Technologies Inc. will post 2.95 earnings per share for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 26th were paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Tuesday, May 26th. Atmus Filtration Technologies’s payout ratio is presently 8.63%.

About Atmus Filtration Technologies

(Free Report)

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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Institutional Ownership by Quarter for Atmus Filtration Technologies (NYSE:ATMU)

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