Bank of New York Mellon Corp Purchases Shares of 40,148 Atmus Filtration Technologies Inc. (NYSE:ATMU)

Bank of New York Mellon Corp purchased a new position in shares of Atmus Filtration Technologies Inc. (NYSE:ATMUFree Report) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 40,148 shares of the company’s stock, valued at approximately $837,000.

Other institutional investors also recently made changes to their positions in the company. Franklin Resources Inc. bought a new stake in shares of Atmus Filtration Technologies in the second quarter valued at approximately $48,652,000. Citadel Advisors LLC acquired a new stake in shares of Atmus Filtration Technologies during the second quarter valued at about $34,697,000. BlackRock Inc. acquired a new stake in shares of Atmus Filtration Technologies during the second quarter valued at about $22,563,000. Nuveen Asset Management LLC acquired a new stake in shares of Atmus Filtration Technologies during the second quarter valued at about $14,416,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of Atmus Filtration Technologies during the second quarter valued at about $13,483,000. Institutional investors own 20.68% of the company’s stock.

Analyst Ratings Changes

ATMU has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their price target on Atmus Filtration Technologies from $29.00 to $27.00 and set an “overweight” rating on the stock in a research note on Monday, October 16th. Wells Fargo & Company lifted their price objective on Atmus Filtration Technologies from $24.00 to $28.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 19th. Finally, Northland Securities began coverage on Atmus Filtration Technologies in a report on Wednesday, January 24th. They issued a “market perform” rating and a $26.00 target price for the company. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Atmus Filtration Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.40.

View Our Latest Stock Analysis on Atmus Filtration Technologies

Atmus Filtration Technologies Price Performance

Shares of ATMU stock opened at $21.92 on Friday. The stock has a 50 day simple moving average of $22.97 and a two-hundred day simple moving average of $22.09. The company has a current ratio of 1.85, a quick ratio of 1.16 and a debt-to-equity ratio of 17.33. Atmus Filtration Technologies Inc. has a fifty-two week low of $18.21 and a fifty-two week high of $25.39.

Atmus Filtration Technologies Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Atmus Filtration Technologies (NYSE:ATMU)

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