Atmus Filtration Technologies (ATMU)

• Market cap: $3.55B
• 1 day: 1.28%
• 5 days: 7.28%
• 1 month: 9.50%
• 3 months: 8.70%
• 6 months: 38.22%
• Year to date: 9.81%
• 1 year: 88.66%
• 5 years: 97.46%
• 10 years: 97.46%
• Sector: Consumer Discretionary
• Industry: Motor Vehicle Parts & Accessories

About: Atmus Filtration Technologies Inc manufactures filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. It designs and manufactures advanced filtration products, principally under the Fleetguard brand, that enable lower emissions and provide asset protection. It designs, manufactures, and sells filters, coolants, and chemical products. Atmus offers products for first-fit and aftermarket applications including air filters, fuel filters, fuel water separators, lube filters, hydraulic filters, coolants, fuel additives, and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users.

Employees: 4,500

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

622% more call options, than puts

Call options by funds: $28.2M | Put options by funds: $3.9M

170% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 27

18% more funds holding

Funds holding: 234 [Q2] → 277 (+43) [Q3]

18% more capital invested

Capital invested by funds: $2.66B [Q2] → $3.15B (+$489M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q2] → 6 (+0) [Q3]

7% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 88

10.37% less ownership

Funds ownership: 111.08% [Q2] → 100.71% (-10.37%) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $40 6% downside
• Avg. target: $46 8% upside
• High target: $50 17% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Wells Fargo Joseph O'Dea 71% 1-year accuracy 22 / 31 met price target	6% downside $40	Equal-Weight Maintained	7 Jan 2025
Northland Capital Markets Bobby Brooks 81% 1-year accuracy 17 / 21 met price target	17% upside $50	Outperform Maintained	12 Nov 2024
Baird Robert Mason 69% 1-year accuracy 9 / 13 met price target	12% upside $48	Outperform Maintained	12 Nov 2024