Atmus Filtration Technologies (NYSE:ATMU – Free Report) had its target price reduced by JPMorgan Chase & Co. from $29.00 to $27.00 in a research note released on Monday, Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.
ATMU has been the subject of a number of other research reports. Bank of America started coverage on Atmus Filtration Technologies in a research report on Tuesday, June 20th. They set a buy rating and a $25.00 target price for the company. The Goldman Sachs Group started coverage on shares of Atmus Filtration Technologies in a research note on Tuesday, June 20th. They set a buy rating for the company. Wells Fargo & Company dropped their price target on shares of Atmus Filtration Technologies from $26.00 to $24.00 in a research note on Monday, October 9th. Finally, Robert W. Baird boosted their price target on shares of Atmus Filtration Technologies from $24.00 to $26.00 in a research note on Thursday, August 10th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of Buy and an average target price of $25.50.
View Our Latest Analysis on ATMU
Atmus Filtration Technologies Trading Up 0.0 %
Shares of ATMU opened at $20.50 on Monday. The company has a fifty day simple moving average of $21.85. The company has a quick ratio of 1.23, a current ratio of 1.97 and a debt-to-equity ratio of 433.33. Atmus Filtration Technologies has a 52-week low of $19.10 and a 52-week high of $25.20.
Atmus Filtration Technologies (NYSE:ATMU – Get Free Report) last issued its quarterly earnings data on Wednesday, August 9th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.15. The business had revenue of $413.60 million during the quarter, compared to the consensus estimate of $399.87 million. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. Analysts expect that Atmus Filtration Technologies will post 2.14 earnings per share for the current year.
Institutional Investors Weigh In On Atmus Filtration Technologies
Several large investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC bought a new position in shares of Atmus Filtration Technologies during the second quarter worth about $10,128,000. DekaBank Deutsche Girozentrale bought a new position in shares of Atmus Filtration Technologies during the second quarter worth about $4,476,000. Raymond James & Associates bought a new position in shares of Atmus Filtration Technologies during the second quarter worth about $267,000. Peregrine Capital Management LLC bought a new position in Atmus Filtration Technologies in the second quarter valued at $7,388,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in Atmus Filtration Technologies in the 2nd quarter valued at $254,000. 20.68% of the stock is currently owned by institutional investors.
Atmus Filtration Technologies Company Profile
(Get Free Report)
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. It offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, and coolants, as well as fuel additives.
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