Atmus Filtration Technologies (NYSE:ATMU – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.900-3.050 for the period, compared to the consensus earnings per share estimate of 2.960. The company issued revenue guidance of $2.0 billion, compared to the consensus revenue estimate of $2.0 billion.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the stock. Wells Fargo & Company assumed coverage on shares of Atmus Filtration Technologies in a research report on Monday, August 3rd. They issued an “equal weight” rating and a $56.00 target price for the company. JPMorgan Chase & Co. lowered their target price on shares of Atmus Filtration Technologies from $67.00 to $54.00 and set an “overweight” rating on the stock in a research note on Thursday, October 8th. Finally, Weiss Ratings upgraded shares of Atmus Filtration Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $57.67.
Check Out Our Latest Report on Atmus Filtration Technologies
Atmus Filtration Technologies Price Performance
Atmus Filtration Technologies (NYSE:ATMU – Get Free Report) last announced its quarterly earnings data on Friday, November 6th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.04. The company had revenue of $510.00 million for the quarter, compared to analysts’ expectations of $501.59 million. Atmus Filtration Technologies had a net margin of 11.32% and a return on equity of 59.85%. The business’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.69 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.900-3.050 EPS. As a group, research analysts predict that Atmus Filtration Technologies will post 2.97 EPS for the current fiscal year.
Atmus Filtration Technologies Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Thursday, August 27th were given a $0.06 dividend. This is a positive change from Atmus Filtration Technologies’s previous quarterly dividend of $0.0550. The ex-dividend date was Thursday, August 27th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.5%. Atmus Filtration Technologies’s dividend payout ratio is 9.20%.
Insider Transactions at Atmus Filtration Technologies
In other Atmus Filtration Technologies news, insider Renee Swan sold 3,870 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $50.89, for a total transaction of $196,944.30. Following the completion of the sale, the insider directly owned 46,875 shares of the company’s stock, valued at approximately $2,385,468.75. This represents a 7.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Stephen E. Macadam bought 2,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was purchased at an average price of $49.78 per share, with a total value of $99,560.00. Following the completion of the acquisition, the director owned 40,588 shares of the company’s stock, valued at approximately $2,020,470.64. This trade represents a 5.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.43% of the company’s stock.
Atmus Filtration Technologies Company Profile
Atmus Filtration Technologies Inc (NYSE: ATMU) is a filtration products and solutions company serving the commercial vehicle, industrial, agriculture, construction, mining and power-generation markets. The company develops and manufactures filtration technologies designed to protect engines, equipment and other critical systems while supporting performance and maintenance requirements.
Atmus’s product portfolio includes air, fuel, lube and hydraulic filtration products, as well as solutions for emissions control, crankcase ventilation and coolant management.
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