Atmus Filtration Technologies (ATMU) Set to Announce Quarterly Earnings on Friday

Atmus Filtration Technologies (NYSE:ATMU) will issue its quarterly earnings data before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.51 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Atmus Filtration Technologies Price Performance

Shares of ATMU opened at $41.54 on Thursday. Atmus Filtration Technologies has a twelve month low of $18.73 and a twelve month high of $42.96. The stock’s 50 day moving average is $37.42 and its two-hundred day moving average is $32.81. The firm has a market capitalization of $3.46 billion, a PE ratio of 19.97, a P/E/G ratio of 4.45 and a beta of 1.68. The company has a current ratio of 2.07, a quick ratio of 1.30 and a debt-to-equity ratio of 3.28.

Atmus Filtration Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.48%. Atmus Filtration Technologies’s payout ratio is 9.62%.

Insider Buying and Selling at Atmus Filtration Technologies

In related news, Director Gretchen R. Haggerty acquired 5,849 shares of the stock in a transaction dated Friday, August 23rd. The stock was bought at an average cost of $34.20 per share, with a total value of $200,035.80. Following the purchase, the director now directly owns 19,882 shares of the company’s stock, valued at approximately $679,964.40. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.43% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price target on shares of Atmus Filtration Technologies from $39.00 to $47.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Northland Securities lifted their price target on shares of Atmus Filtration Technologies from $38.00 to $49.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Wells Fargo & Company lifted their price target on shares of Atmus Filtration Technologies from $36.00 to $42.00 and gave the company an “overweight” rating in a research report on Monday, October 7th. Finally, Robert W. Baird lifted their price objective on Atmus Filtration Technologies from $37.00 to $42.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $42.80.

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.