Atmus Filtration Technologies (NYSE:ATMU) Issues Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Atmus Filtration Technologies (NYSE:ATMU) released its quarterly earnings results on Friday. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05, Zacks reports. The firm had revenue of $406.70 million for the quarter, compared to the consensus estimate of $399.24 million. Atmus Filtration Technologies had a return on equity of 134.28% and a net margin of 10.84%. Atmus Filtration Technologies updated its FY 2025 guidance to 2.350-2.600 EPS.

Atmus Filtration Technologies Price Performance

Shares of NYSE:ATMU opened at $37.76 on Friday. The company has a current ratio of 2.11, a quick ratio of 1.35 and a debt-to-equity ratio of 2.61. The stock has a market capitalization of $3.14 billion, a PE ratio of 17.56, a PEG ratio of 4.14 and a beta of 1.80. The firm has a 50 day moving average of $40.35 and a 200-day moving average of $38.98. Atmus Filtration Technologies has a 12 month low of $22.30 and a 12 month high of $45.43.

Atmus Filtration Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $0.20 dividend on an annualized basis and a yield of 0.53%. Atmus Filtration Technologies’s payout ratio is 9.30%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ATMU shares. Robert W. Baird lifted their price target on shares of Atmus Filtration Technologies from $42.00 to $48.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Wells Fargo & Company dropped their price objective on Atmus Filtration Technologies from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Finally, Northland Securities raised 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 note on Tuesday, November 12th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Atmus Filtration Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target 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.