Atmus Filtration to Replace Air Lease in S&P SmallCap 600 Index

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Apr 02 2026

0mins

ATMU-16.96%

AL+0.03%

Should l Buy ATMU?

Source: Newsfilter

Index Change: Atmus Filtration Technologies Inc. will replace Air Lease Corp. in the S&P SmallCap 600 effective April 9, 2026, indicating a significant recognition of the company in the small-cap market, which is likely to attract more investor attention.
Acquisition Dynamics: Sumitomo Corporation and Consortium are acquiring Air Lease Corp., with the deal expected to close soon, potentially impacting Air Lease's market performance and investor confidence.
Industry Impact: The addition of Atmus Filtration is set to enhance the industrial sector's performance within the S&P SmallCap 600 index, which may increase the overall attractiveness of the index and draw in more capital.
Market Reaction: With Atmus Filtration's inclusion, market expectations regarding its future growth potential could drive its stock price up, thereby strengthening its position among investors.

Trade with 70% Backtested Accuracy

Stop guessing "Should I Buy ATMU?" and start using high-conviction signals backed by rigorous historical data.

Analyst Views on ATMU

Wall Street analysts forecast ATMU stock price to fall

5 Analyst Rating

4 Buy

1 Hold

0 Sell

Strong Buy

Current: 63.400

Low

54.00

Averages

60.00

High

64.00

Current: 63.400

Low

54.00

Averages

60.00

High

64.00

JPMorgan

Overweight

downgrade

$73 -> $70

2026-04-01

Reason

JPMorgan

Price Target

$73 -> $70

AI Analysis

2026-04-01

downgrade

Overweight

Reason

JPMorgan lowered the firm's price target on Atmus Filtration to $70 from $73 and keeps an Overweight rating on the shares. After meeting with management, the firm believes both first-fit and aftermarket in the company's Power Solutions segment are at trough levels and should see improvement in the second half of 2026 due to pre-buy and improved freight market fundamentals. JPMorgan cites the broader market pullback and valuation contraction for the target cut.

Wells Fargo

Joseph O'Dea

Equal Weight

downgrade

$67 -> $58

2026-04-01

Reason

Wells Fargo

Joseph O'Dea

Price Target

$67 -> $58

2026-04-01

downgrade

Equal Weight

Reason

Wells Fargo analyst Joseph O'Dea lowered the firm's price target on Atmus Filtration to $58 from $67 and keeps an Equal Weight rating on the shares. The Middle East conflict didn't drive an elevated level of caution in most of the firm's catch-up calls. But just like tariffs sidelined a PMI recovery last year, Wells is cautious that a new source of uncertainty dampens sentiment until there's better clarity.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for ATMU

Unlock Now

About ATMU

Atmus Filtration Technologies Inc. is engaged in filtration and media solutions. The Company designs and manufactures advanced filtration products, principally under the Fleetguard brand, that enable lower emissions and provide superior asset protection. It serves customers across the truck, bus, agriculture, construction, mining, marine and power generation vehicle, and equipment markets, along with providing comprehensive aftermarket support and solutions. Its products include fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters and coolants and other chemicals. It offers products for first fit and aftermarket applications to original equipment manufacturers, dealers/distributors, and end-users. The Company produces and sells Fleetguard branded products across North America, Europe, South America, Asia, Australia, and the African continents. Its Fleetguard branded products are available through distribution centers worldwide.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Atmus Filtration Technologies Q1 2026 Earnings Call Insights

3 hours agoseekingalpha

Acquisition Progress: Atmus Filtration completed its acquisition of Koch Filter in Q1, marking the first step in its strategy to expand into industrial filtration, with all integration activities expected to be finalized by early Q3, thereby enhancing its competitive position in the market.
Shareholder Returns: The company returned $12 million to shareholders in Q1, comprising $7 million in share buybacks and $5 million in dividends, demonstrating strong cash flow and commitment to shareholders, while anticipating share repurchases between $20 million and $40 million in 2026.
Sales Growth: Q1 sales reached $478 million, a 14.6% increase driven primarily by the Koch Filter acquisition, with adjusted earnings per share at $0.69, reflecting robust financial performance despite uncertain global market conditions.
Future Outlook: Despite uncertainties from the Middle East conflict, Atmus expects total revenue for 2026 to range from $1.945 billion to $2.015 billion, with adjusted EPS projected between $2.75 and $3, indicating the company's confidence in future market conditions.

Atmus Filtration Q1 Earnings Beat Expectations

11 hours agoseekingalpha

Strong Earnings Performance: Atmus Filtration reported a Q1 non-GAAP EPS of $0.69, beating expectations by $0.02, indicating a sustained enhancement in profitability and reflecting its competitive position in the market.
Significant Revenue Growth: The company reported revenue of $478 million, a 14.6% year-over-year increase, surpassing market expectations by $3.65 million, demonstrating robust product demand and continuous market share expansion.
Robust Adjusted EBITDA: Q1 adjusted EBITDA reached $95 million with an adjusted EBITDA margin of 19.8%, showcasing the company's success in cost control and operational efficiency.
Healthy Cash Flow: Cash provided by operating activities was $38 million, with adjusted free cash flow at $33 million, indicating strong financial management and providing ample funding for future investments and expansion.

Atmus Filtration Reports Strong Q1 Earnings Exceeding Expectations

11 hours agoYahoo Finance

Strong Earnings Performance: Atmus Filtration Technologies Inc. reported first-quarter earnings of $48.4 million, translating to a profit of 59 cents per share, with adjusted earnings of 69 cents per share, surpassing Wall Street's expectations of 65 cents, indicating robust profitability.
Solid Revenue Growth: The company achieved revenue of $477.5 million during the period, reflecting sustained demand in the industrial filtration market and an increase in market share, further solidifying its industry position.
Positive Full-Year Outlook: Atmus Filtration expects full-year earnings to range between $2.75 and $3 per share, with revenue projected between $1.95 billion and $2.02 billion, a positive outlook that may attract more investor interest.
Strong Stock Performance: Atmus Filtration shares have risen 22% since the beginning of the year and climbed 83% over the past 12 months, demonstrating strong market confidence in its future growth potential.