Port Capital LLC increased its stake in Atmus Filtration Technologies by 446,260 shares worth approximately $21.6 million. The position now represents 1.96% of the fund's AUM. The investment follows Atmus's $450 million acquisition of Koch Filter, expanding into high-growth markets like data centers and power generation driven by AI demand.

Tetra Tech, Donaldson and Atmus Filtration have been highlighted in this Industry Outlook article.

Higher adoption of alternative fuels and electric vehicles, along with high innovation costs, dampens the prospects of the Zacks Pollution Control industry. TTEK, DCI and ATMU are some stocks worth watching.

Investors need to pay close attention to Atmus Filtration (ATMU) stock based on the movements in the options market lately.

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Now appears to be a good time to buy these three industrial products stocks which all have an average broker recommendation of 1.0 on a scale of 1 to 5 (Strong Buy to Strong Sell).

Tetra Tech (TTEK) acquires Convergence to offer a comprehensive line of integrated automation platform solutions to its clients.

ASC, DXPE, ATMU, EAT and BRBR have been added to the Zacks Rank #1 (Strong Buy) List on May 10, 2024.

In the preceding three months, 7 analysts have released ratings for Atmus Filtration Techs (NYSE:ATMU), presenting a wide array of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 6 0 0 0 Last 30D 0 1 0 0 0 1M Ago 1 2 0 0 0 2M Ago 0 2 0 0 0 3M Ago 0 1 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $34.86, along with a high estimate of $38.00 and a low estimate of $29.00. This current average reflects an increase of 11.84% from the previous average price target of $31.17. Decoding Analyst Ratings: A Detailed Look The analysis of recent analyst actions sheds light on the perception of Atmus Filtration Techs by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Joseph O'Dea Wells Fargo Lowers Overweight $36.00 $37.00 Robert Mason Baird Raises Outperform $37.00 $29.00 Jerry Revich Goldman Sachs Raises Buy $34.00 $30.00 Tami Zakaria JP Morgan Raises Overweight $38.00 $36.00 Tami Zakaria JP Morgan Raises Overweight $36.00 $27.00 Bobby Brooks Northland Capital Markets Announces Outperform $34.00 - Robert Mason Baird Raises Outperform $29.00 $28.00 Key Insights: Action Taken: In response to dynamic market conditions and company performance, analysts update their ...Full story available on Benzinga.com

ATMU earnings call for the period ending March 31, 2024.

Atmus (ATMU) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Here is how Applied Industrial Technologies (AIT) and Atmus Filtration Technologies (ATMU) have performed compared to their sector so far this year.