Northland Capmk Has Bearish Estimate for ATMU Q1 Earnings

Atmus Filtration Technologies Inc. (NYSE:ATMU) – Equities researchers at Northland Capmk dropped their Q1 2025 EPS estimates for shares of Atmus Filtration Technologies in a note issued to investors on Tuesday, February 25th. Northland Capmk analyst B. Brooks now expects that the company will post earnings per share of $0.61 for the quarter, down from their prior forecast of $0.62. The consensus estimate for Atmus Filtration Technologies’ current full-year earnings is $2.52 per share. Northland Capmk also issued estimates for Atmus Filtration Technologies’ Q2 2025 earnings at $0.67 EPS and Q3 2025 earnings at $0.66 EPS.

Atmus Filtration Technologies (NYSE:ATMU) last released its quarterly earnings results on Friday, February 21st. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $406.70 million for the quarter, compared to analyst estimates of $399.24 million. Atmus Filtration Technologies had a net margin of 11.12% and a return on equity of 120.81%.

Several other analysts have also commented on ATMU. Northland Securities raised their price objective on Atmus Filtration Technologies from $49.00 to $50.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Wells Fargo & Company dropped their price target on shares of Atmus Filtration Technologies from $40.00 to $39.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Robert W. Baird cut their price target on shares of Atmus Filtration Technologies from $46.00 to $45.00 and set an “outperform” rating for the company in a report on Monday. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Atmus Filtration Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $43.00.

Atmus Filtration Technologies Price Performance

NYSE:ATMU opened at $39.21 on Wednesday. The stock has a market capitalization of $3.26 billion, a PE ratio of 17.74, a price-to-earnings-growth ratio of 3.99 and a beta of 1.80. Atmus Filtration Technologies has a 52 week low of $22.74 and a 52 week high of $45.43. 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 stock’s 50-day moving average price is $40.30 and its 200-day moving average price is $39.08.

Atmus Filtration Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date of this dividend is Tuesday, March 4th. Atmus Filtration Technologies’s dividend payout ratio is presently 9.05%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ATMU. Eminence Capital LP grew its holdings in shares of Atmus Filtration Technologies by 79.0% during the fourth quarter. Eminence Capital LP now owns 4,592,614 shares of the company’s stock worth $179,939,000 after buying an additional 2,027,617 shares in the last quarter. T. Rowe Price Investment Management Inc. acquired a new position in Atmus Filtration Technologies during the fourth quarter worth about $63,949,000. Invesco Ltd. grew its stake in Atmus Filtration Technologies by 806.1% during the 4th quarter. Invesco Ltd. now owns 1,167,382 shares of the company’s stock valued at $45,738,000 after acquiring an additional 1,038,541 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Atmus Filtration Technologies during the 4th quarter valued at about $26,152,000. Finally, D. E. Shaw & Co. Inc. raised its holdings in Atmus Filtration Technologies by 44.0% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,911,153 shares of the company’s stock valued at $74,879,000 after acquiring an additional 584,270 shares during the last quarter. 32.73% of the stock is owned by institutional investors and hedge funds.

About Atmus Filtration Technologies

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.