Street Calls of the Week
Atmus Filtration Technologies Inc. has reached a significant milestone, with its stock hitting an all-time high of 46.39 USD. The company, now valued at $3.66 billion, trades at a P/E ratio of 18.15 and maintains a "GREAT" financial health rating according to InvestingPro analysis. This achievement reflects the company’s strong market performance and investor confidence over the past year. Over the last 12 months, Atmus Filtration Technologies has experienced a remarkable 41.41% increase in its stock price. This upward trajectory underscores the company’s growth potential and strategic initiatives that have resonated well with investors, positioning it as a notable player in its industry. According to InvestingPro analysis, the stock appears slightly overvalued at current levels. Discover 10+ additional exclusive ProTips and comprehensive valuation metrics with an InvestingPro subscription, including the detailed Pro Research Report available for this and 1,400+ other US stocks.
In other recent news, Atmus Filtration Technologies reported impressive financial results for the second quarter of 2025, with earnings per share reaching $0.75, significantly exceeding the projected $0.52. The company also reported revenues of $454 million, surpassing the anticipated $419.4 million. This performance was followed by a decision from the Board of Directors to increase the quarterly cash dividend by 10%, raising it to $0.055 per share. This dividend will be payable to shareholders on September 10, 2025. In a separate development, JPMorgan downgraded Atmus Filtration Technologies from Overweight to Neutral, citing limited upside potential following the recent rally in the company’s shares. Despite the downgrade, JPMorgan raised its price target for the company to $46.00 from $44.00. These developments highlight a period of significant activity for Atmus Filtration Technologies, with both financial achievements and strategic decisions shaping its current landscape.
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