Atmus Filtration Technologies Inc. (NYSE:ATMU) Shares Sold by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P lessened its holdings in shares of Atmus Filtration Technologies Inc. (NYSE:ATMU) by 3.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 362,228 shares of the company’s stock after selling 14,185 shares during the quarter. Loomis Sayles & Co. L P owned 0.44% of Atmus Filtration Technologies worth $13,594,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. ProShare Advisors LLC grew its position in shares of Atmus Filtration Technologies by 3.1% during the second quarter. ProShare Advisors LLC now owns 11,282 shares of the company’s stock worth $325,000 after buying an additional 344 shares in the last quarter. Crossmark Global Holdings Inc. grew its holdings in Atmus Filtration Technologies by 2.8% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 12,999 shares of the company’s stock worth $374,000 after acquiring an additional 355 shares in the last quarter. DekaBank Deutsche Girozentrale increased its position in shares of Atmus Filtration Technologies by 4.6% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 14,256 shares of the company’s stock worth $535,000 after purchasing an additional 626 shares during the last quarter. KBC Group NV increased its position in shares of Atmus Filtration Technologies by 42.1% in the 3rd quarter. KBC Group NV now owns 2,424 shares of the company’s stock worth $91,000 after purchasing an additional 718 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Atmus Filtration Technologies by 89.3% in the 3rd quarter. GAMMA Investing LLC now owns 1,641 shares of the company’s stock valued at $62,000 after purchasing an additional 774 shares in the last quarter. 32.73% of the stock is currently owned by hedge funds and other institutional investors.

Atmus Filtration Technologies Stock Down 0.8 %

NYSE:ATMU opened at $43.72 on Wednesday. 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 50 day moving average of $39.85 and a 200-day moving average of $34.09. The firm has a market capitalization of $3.63 billion, a PE ratio of 20.33, a price-to-earnings-growth ratio of 4.84 and a beta of 1.68. Atmus Filtration Technologies Inc. has a 52 week low of $21.09 and a 52 week high of $45.43.

Atmus Filtration Technologies (NYSE:ATMU) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.09. The firm had revenue of $404.00 million during the quarter, compared to the consensus estimate of $403.40 million. Atmus Filtration Technologies had a return on equity of 134.28% and a net margin of 10.84%. The firm’s revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.52 EPS. Analysts predict that Atmus Filtration Technologies Inc. will post 2.45 EPS for the current year.

Atmus Filtration Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 13th. Investors of record on Thursday, October 31st were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.20 annualized dividend and a yield of 0.46%. Atmus Filtration Technologies’s dividend payout ratio is presently 9.30%.

Analyst Upgrades and Downgrades

ATMU has been the subject of a number of research reports. Northland Securities lifted their price target 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. Wells Fargo & Company downgraded Atmus Filtration Technologies from an “overweight” rating to an “equal weight” rating and boosted their price target for the company from $42.00 to $45.00 in a report on Monday, November 11th. Robert W. Baird upped their price target on Atmus Filtration Technologies from $42.00 to $48.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Atmus Filtration Technologies from $39.00 to $47.00 and gave the stock an “overweight” rating in a report on Friday, October 11th. One 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, Atmus Filtration Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $44.80.

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.