Atmus Filtration Technologies (NYSE:ATMU) Announces Quarterly Earnings Results

Atmus Filtration Technologies (NYSE:ATMU) announced its quarterly earnings data on Friday. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05, Zacks reports. Atmus Filtration Technologies had a net margin of 10.84% and a return on equity of 134.28%. Atmus Filtration Technologies updated its FY 2025 guidance to 2.350-2.600 EPS.

Atmus Filtration Technologies Stock Down 2.8 %

ATMU traded down $1.08 on Friday, reaching $38.10. The company’s stock had a trading volume of 691,264 shares, compared to its average volume of 637,946. The stock has a 50 day moving average of $40.41 and a two-hundred day moving average of $38.87. The company has a quick ratio of 1.35, a current ratio of 2.11 and a debt-to-equity ratio of 2.61. The company has a market capitalization of $3.17 billion, a price-to-earnings ratio of 17.73, a P/E/G ratio of 4.20 and a beta of 1.80. Atmus Filtration Technologies has a fifty-two week low of $22.30 and a fifty-two week high of $45.43.

Atmus Filtration Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th will be given a dividend of $0.05 per share. The ex-dividend date is Tuesday, March 4th. This represents a $0.20 annualized dividend and a dividend yield of 0.52%. Atmus Filtration Technologies’s dividend payout ratio is currently 9.30%.

Analysts Set New Price Targets

Several research firms have commented on ATMU. Robert W. Baird boosted their price target on shares of Atmus Filtration Technologies from $42.00 to $48.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Wells Fargo & Company lowered their target price on Atmus Filtration Technologies from $45.00 to $40.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Finally, Northland Securities boosted their target price on Atmus Filtration Technologies from $49.00 to $50.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $43.80.

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.