Northland Capmk Issues Optimistic Estimate for ATMU Earnings

Atmus Filtration Technologies Inc. (NYSE:ATMUFree Report) – Northland Capmk lifted their Q1 2025 EPS estimates for shares of Atmus Filtration Technologies in a report released on Tuesday, November 12th. Northland Capmk analyst B. Brooks now forecasts that the company will earn $0.62 per share for the quarter, up from their previous forecast of $0.57. The consensus estimate for Atmus Filtration Technologies’ current full-year earnings is $2.37 per share. Northland Capmk also issued estimates for Atmus Filtration Technologies’ Q2 2025 earnings at $0.69 EPS, Q3 2025 earnings at $0.65 EPS and Q4 2025 earnings at $0.64 EPS.

ATMU has been the topic of a number of other research reports. JPMorgan Chase & Co. upped their price target on shares of Atmus Filtration Technologies from $39.00 to $47.00 and gave the company an “overweight” rating in a research note on Friday, October 11th. Northland Securities upped their target price on shares of Atmus Filtration Technologies from $49.00 to $50.00 and gave the company an “outperform” rating in a research report on Tuesday. Robert W. Baird increased their price target on shares of Atmus Filtration Technologies from $42.00 to $48.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Wells Fargo & Company cut Atmus Filtration Technologies from an “overweight” rating to an “equal weight” rating and boosted their price objective for the stock from $42.00 to $45.00 in a research note on Monday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $44.80.

Check Out Our Latest Analysis on ATMU

Atmus Filtration Technologies Stock Up 2.4 %

NYSE ATMU opened at $43.57 on Wednesday. The stock has a 50 day moving average price of $38.02 and a 200-day moving average price of $33.15. Atmus Filtration Technologies has a one year low of $20.05 and a one year high of $44.66. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.30 and a current ratio of 2.11. The company has a market capitalization of $3.62 billion, a P/E ratio of 20.30, a P/E/G ratio of 4.79 and a beta of 1.68.

Atmus Filtration Technologies (NYSE:ATMUGet Free Report) last announced its quarterly earnings results on Friday, November 8th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.09. Atmus Filtration Technologies had a return on equity of 134.28% and a net margin of 10.84%. The company had revenue of $404.00 million during the quarter, compared to analyst estimates of $403.40 million. During the same period in the prior year, the company earned $0.52 earnings per share. The firm’s revenue was up 2.0% on a year-over-year basis.

Atmus Filtration Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 13th. Investors of record on Thursday, October 31st were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend was Thursday, October 31st. Atmus Filtration Technologies’s dividend payout ratio (DPR) is currently 9.30%.

Insiders Place Their Bets

In other Atmus Filtration Technologies news, Director Gretchen R. Haggerty bought 5,849 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were purchased at an average price of $34.20 per share, with a total value of $200,035.80. Following the completion of the purchase, the director now owns 19,882 shares in the company, valued at $679,964.40. This represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.43% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Evermay Wealth Management LLC purchased a new stake in Atmus Filtration Technologies in the 1st quarter valued at about $29,000. Quarry LP purchased a new stake in shares of Atmus Filtration Technologies in the second quarter valued at approximately $29,000. GAMMA Investing LLC boosted its holdings in shares of Atmus Filtration Technologies by 89.3% in the third quarter. GAMMA Investing LLC now owns 1,641 shares of the company’s stock valued at $62,000 after purchasing an additional 774 shares during the period. Rothschild Investment LLC bought a new position in Atmus Filtration Technologies in the second quarter worth approximately $68,000. Finally, KBC Group NV increased its holdings in Atmus Filtration Technologies by 42.1% during the 3rd quarter. KBC Group NV now owns 2,424 shares of the company’s stock worth $91,000 after purchasing an additional 718 shares during the period. 32.73% of the stock is currently owned by institutional investors.

About Atmus Filtration Technologies

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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.

See Also

Earnings History and Estimates for Atmus Filtration Technologies (NYSE:ATMU)

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