Hsbc Holdings PLC Boosts Stock Holdings in Atmus Filtration Technologies Inc. $ATMU

Hsbc Holdings PLC grew its holdings in Atmus Filtration Technologies Inc. (NYSE:ATMU) by 58.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,396 shares of the company’s stock after purchasing an additional 14,531 shares during the quarter. Hsbc Holdings PLC’s holdings in Atmus Filtration Technologies were worth $2,222,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jones Financial Companies Lllp raised its stake in Atmus Filtration Technologies by 143.1% in the first quarter. Jones Financial Companies Lllp now owns 700 shares of the company’s stock worth $26,000 after buying an additional 412 shares in the last quarter. Essex Investment Management Co. LLC bought a new stake in Atmus Filtration Technologies during the 4th quarter valued at $37,000. GHP Investment Advisors Inc. purchased a new position in shares of Atmus Filtration Technologies in the 1st quarter valued at $44,000. PNC Financial Services Group Inc. increased its holdings in shares of Atmus Filtration Technologies by 87.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 849 shares of the company’s stock valued at $44,000 after acquiring an additional 397 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in shares of Atmus Filtration Technologies by 93.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,332 shares of the company’s stock worth $49,000 after acquiring an additional 644 shares in the last quarter. 32.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on ATMU. JPMorgan Chase & Co. dropped their price objective on Atmus Filtration Technologies from $70.00 to $67.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. Robert W. Baird reduced their target price on shares of Atmus Filtration Technologies from $66.00 to $63.00 and set an “outperform” rating for the company in a report on Monday, May 4th. Zacks Research lowered shares of Atmus Filtration Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings cut shares of Atmus Filtration Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, July 15th. Finally, Wall Street Zen downgraded shares of Atmus Filtration Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, June 14th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $62.67.

Atmus Filtration Technologies Stock Up 0.7%

Atmus Filtration Technologies stock opened at $53.44 on Friday. 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 stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of 20.96, a PEG ratio of 2.28 and a beta of 1.19. Atmus Filtration Technologies Inc. has a 1-year low of $37.22 and a 1-year high of $66.50. The business has a fifty day moving average price of $50.04 and a 200-day moving average price of $56.06.

Atmus Filtration Technologies (NYSE:ATMU) last announced its earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.04. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.The company had revenue of $477.50 million for the quarter, compared to analyst estimates of $474.41 million. During the same period in the prior year, the company posted $0.63 EPS. The firm’s quarterly revenue 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. Equities research analysts forecast that Atmus Filtration Technologies Inc. will post 2.97 EPS for the current fiscal year.

Atmus Filtration Technologies Dividend Announcement

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

Insider Transactions at Atmus Filtration Technologies

In other Atmus Filtration Technologies news, insider Renee Swan sold 2,566 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $45.25, for a total transaction of $116,111.50. Following the sale, the insider owned 50,745 shares of the company’s stock, valued at approximately $2,296,211.25. The trade was a 4.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Jack Kienzler sold 5,132 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $45.25, for a total transaction of $232,223.00. Following the transaction, the chief financial officer owned 75,804 shares in the company, valued at $3,430,131. The trade was a 6.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 36,240 shares of company stock worth $1,639,860 over the last ninety days. 0.43% of the stock is currently owned by insiders.

Atmus Filtration Technologies Profile

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.