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

Atmus Filtration Technologies (NYSE:ATMU) posted its quarterly earnings data on Friday. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05, Zacks reports. The company had revenue of $406.70 million for the quarter, compared to analyst estimates 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 Stock Down 3.6 %

Atmus Filtration Technologies stock opened at $37.76 on Friday. 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 company has a market capitalization of $3.14 billion, a P/E ratio of 17.56, a P/E/G ratio of 4.14 and a beta of 1.80. The firm has a 50 day moving average price of $40.35 and a 200-day moving average price of $38.98. Atmus Filtration Technologies has a twelve month low of $22.30 and a twelve month high of $45.43.

Atmus Filtration Technologies Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on ATMU shares. Northland Securities upped their price objective 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. Wells Fargo & Company dropped their price target 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, Robert W. Baird raised their price objective on shares of Atmus Filtration Technologies from $42.00 to $48.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Atmus Filtration Technologies has a consensus rating of “Moderate Buy” and an average price target of $43.80.

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.