Atmus filtration ipo.
Valuation & IPO Thoughts. Cummins was the 100% owner of Atmus pre the IPO. Some 14.1 million shares were offered at the offer price of $19.50 per share, in a $275 million IPO. Post the offering ...
Discover the latest data for Atmus Filtration Technologies financials. From earnings and revenue to ROE, net margins, growth rates and more.Gift this article. Atmus Filtration Technologies Announces Launch of Initial Public Offering Business Wire NASHVILLE, Tenn. -- May 16, 2023 Atmus Filtration Technologies Inc. (Atmus), the ...Atmus Filtration Technologies, an industrial and engine filtration business spun out of Cummins, raised $275 million by offering 14.1 million shares at $19.50, the midpoint of the $18 to $21 range. While the company is issuing primary shares, Atmus will not receive any of the IPO proceeds; all of the proceeds from this offering will be received ...IPO News for Atmus Filtration Technologies IPO investors crave carve-outs with 2 more teed up after Thanksgiving 11/20/23; Pessimism over Fed policy and geopolitical tensions topple year's large IPOs; here are the deals that have weathered the recent turmoil 10/23/23; Updated: Renaissance Capital's 2Q 2023 US IPO Market Review 07/03/23
Nov 30, 2023 · Company profile for Atmus Filtration Technologies Inc. (ATMU) with a description, list of executives, contact details and other key facts. ... IPO Price: $19.50: CIK ...
Feb 23, 2023 · A Quick Take On Atmus Filtration Technologies. Atmus Filtration Technologies Inc. (NYSE:ATMU) has filed to raise $100 million in an IPO of its common stock, according to an S-1 registration statement.
Upon completion of the IPO, Cummins is expected to hold approximately 83.0% of Atmus, or 80.5% if the underwriters' option to purchase additional shares is exercised in full. SHARE THIS POST FACEBOOKThe business had revenue of $396.20 million for the quarter, compared to analyst estimates of $390.93 million. Atmus Filtration Technologies had a net margin of 10.67% and a trailing twelve-month return on equity of 79.43%. The firm's revenue for the quarter was down 1.2% compared to the same quarter last year.5 November 2023 at 9:29 am · 9-min read. Atmus Filtration Technologies Inc. (NYSE: ATMU) Q3 2023 Earnings Call Transcript November 4, 2023. Operator: Good morning. My name is Krista, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Atmus Filtration Technologies' Third Quarter 2023 Earnings Call.Gift this article. Atmus Filtration Technologies Announces Launch of Initial Public Offering Business Wire NASHVILLE, Tenn. -- May 16, 2023 Atmus Filtration Technologies Inc. (Atmus), the ...
Feb 23, 2023 · Atmus Filtration Technologies Inc., headquartered in Nashville, Tennessee, filed paperwork Tuesday with the U.S. Securities and Exchange Commission to be listed on the New York Stock Exchange ...
Nov 3, 2023 · For the third quarter of 2023, Atmus posted net sales of $396 million, compared to $401 million in the third quarter of 2022, a decrease of approximately 1 percent. The decrease in sales was primarily driven by a decrease in volume partially offset by increases in pricing and the favorable impacts of currency.
In connection with its IPO, Atmus began trading on the New York Stock Exchange under the ticker symbol “ATMU” on 26 May 2023. Atmus is a global leader in filtration and media solutions. Cummins remains a global power leader of complementary business segments that design, manufacture, distribute and service a broad portfolio of …Atmus Filtration Technologies Inc. ( NYSE: ATMU) has filed to raise $275 million in an IPO of its common stock, according to an amended S-1/A registration statement. The firm is a unit of...Sep 17, 2023 · In May, I concluded to filter the public offering of Atmus Filtration Technologies (NYSE:ATMU) ... In the IPO in May, some 14 million shares were offered at $19.50 per share, as 83 million shares ... Shurflo pumps are a popular choice for many applications, from water filtration and distribution to agricultural and industrial uses. But with so many different models available, it can be difficult to know which one is right for your needs...Background: Atmus Filtration Technologies Inc. disclosed the terms for its IPO in an S-1/A filing dated May 16, 2023 – 14.12 million shares (14,124,409 shares) at $18.00 to $21.00 – to raise $275.43 million. In that May 16, 2023, filing with the SEC, Atmus Filtration added HSBC to its team of joint book-runners and named its team of six co ...
26 May 2023 ... A highlight of the past week was Atmus Filtration Technologies' US$275m NYSE IPO, only the 12th new issue of size this year and the latest ...Atmus IPO priced in the middle of its proposed price range Nashville, Tenn.-based Atmus sold 14.1 million shares priced at $19.50 each to raise $275 million in its IPO. Atmus Filtration TechnologiesMay 26, 2023 · Valuation & IPO Thoughts. Cummins was the 100% owner of Atmus pre the IPO. Some 14.1 million shares were offered at the offer price of $19.50 per share, in a $275 million IPO. Post the offering ... For the third quarter of 2023, Atmus posted net sales of $396 million, compared to $401 million in the third quarter of 2022, a decrease of approximately 1 percent. The decrease in sales was primarily driven by a decrease in volume partially offset by increases in pricing and the favorable impacts of currency.May 26 (Reuters) - Atmus Filtration Technologies Inc (ATMU.N), the filtration business of U.S. diesel engine maker Cummins Inc (CMI.N), fetched a valuation of $1.8 billion in a strong market debut ...
23 Feb 2023 ... On Tuesday, February 21, engine maker Cummins filed a Form S-1 with the Securities and Exchange Commission (SEC) for plans to take its ...
Atmus Filtration Technologies Inc, ... $275 million by selling 14.1 million shares. The company had previously guided the IPO could be priced at between $18 and $21 per share.Atmus IPO priced in the middle of its proposed price range Nashville, Tenn.-based Atmus sold 14.1 million shares priced at $19.50 each to raise $275 million in its IPO. Atmus Filtration TechnologiesThe Cummins-cum-Atmus filtration line of business moved its headquarters to Nashville in 2016, and Disher moved from her Cummins post in Melbourne to Nashville in 2020. ... Change Healthcare $100MM IPO prep comes out of stealth onto SEC shelf: CEO: Nashville Fashion Alliance may pivot into strategic relationship: Venture Notes - January …Cummings priced the IPO of its unit to raise about $275 million on Thursday, defying volatile markets which are being shaken by uncertainty over a deal on the U.S. debt ceiling. Atmus Filtration ...Feb 21, 2023 · COLUMBUS, Ind.-- (BUSINESS WIRE)--. Cummins Inc. (NYSE: CMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (IPO) of newly issued common stock. Atmus Filtration Technologies Inc. is a global leader in filtration and media solutions. For more than 65 years, the company has combined its culture of innovation with a rich history of designing ...Atmus Filtration Technologies (NYSE: ATMU) manufactures industrial filtration solutions. ... Atmus Filtration Technologies's latest funding round is IPO. Who are ...In connection with its IPO, Atmus began trading on the New York Stock Exchange under the ticker symbol “ATMU” on 26 May 2023. Atmus is a global leader in filtration and media solutions. Cummins remains a global power leader of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions.
Atmus Filtration Technologies Inc. S-1 IPO Report Tue Feb 21 2023. S-1 Registration of Securities.
NASHVILLE, Tenn.--(BUSINESS WIRE)-- Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public offering (IPO) of 14,124,409 shares of its common stock owned by Cummins at a price to the public of $19.50 per share.
Valuation & IPO Thoughts. Cummins was the 100% owner of Atmus pre the IPO. Some 14.1 million shares were offered at the offer price of $19.50 per share, in a $275 million IPO. Post the offering ...Atmus Filtration Technologies sold 14.1 million shares at $19.5 a piece, the company said in a press release. The company had previously guided the IPO could be priced at between $18 and $21 per ...May 26, 2023 · Atmus Filtration launches IPO. Friday, May 26, 2023 12:31 PM EDT. ... looks to raise as much as $316 million with the IPO. Atmus set its price to the public at $19.50 per share. The company has ... Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced that it has launched a roadshow for its proposed initial public offering (IPO). The IPO is for 14,124,409 shares of the common stock of Atmus currently owned by Cummins.Upon completion of the IPO, Cummins is expected to hold approximately 83.0% of Atmus, or 80.5% if the underwriters' option to purchase additional shares is exercised in full. SHARE THIS POST FACEBOOKCummins ( NYSE: CMI) on Tuesday filed an IPO registration statement with the SEC to publicly list its filtration business, Atmus Filtration Technologies. Atmus Filtration Technologies intends to ...Cummins Inc is pressing ahead with plans to price the initial public offering (IPO) of its engine filtration division on Thursday, defying the market volatility fueled by concerns over the lack of a deal to raise the U.S. debt ceiling. The carved-out division, Atmus Filtration Technologies Inc, is seeking to raise about $275 million by signing ...Apr 7, 2023 · IPO Market Snapshot. ... and Cummins spin-off Atmus Filtration . Holdover U Power (UCAR) plans to raise $18 million at a $368 million market cap in the coming week. The company is developing ... Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public offering (IPO) of 14,124,409 shares of its common stock owned by Cummins at a price to the public of $19.50 per share.Atmus Filtration Technologies Inc. ATMU, -1.62% priced 14.1 million shares at $19.50 a share to raise $275.4 million in its initial public offering on Friday, the company said. The IPO is a...Upon completion of the IPO, Cummins is expected to hold approximately 83.0% of Atmus, or 80.5% if the underwriters' option to purchase additional shares is exercised in full. SHARE THIS POST FACEBOOKIPO Market Snapshot. ... and Cummins spin-off Atmus Filtration . Holdover U Power (UCAR) plans to raise $18 million at a $368 million market cap in the coming week. The company is developing ...
Cummins' filtration unit valued at $1.8 billion in strong market debut May. 26: RE Cummins Business Unit Atmus Filtration Technologies Prices IPO May. 26: MT Cummins braving debt ceiling jitters with $275 mln engine filter unit IPO May. 25Atmus Filtration Technologies Inc. , a global leader in filtration and media solutions, today reported financial results for its second quarter that ended June 30, 2023. ... Atmus Filtration Technologies Closes IPO May. 31: MT Atmus Filtration Jumps in Debut Trading on New York Stock Exchange May. 26: MT Chart Atmus Filtration …Atmus Filtration Technologies Inc., the Filtration business unit of Cummins Inc. ( CMI ), announced the pricing of its initial public offering of 14.12 million shares of its common stock owned by Cummins at a price to the public of $19.50 per share. The shares are expected to begin trading on the New York Stock Exchange (NYSE) on May 26, 2023 ...218.6. 201. EBIT Margin. 13.60%. 15.19%. 16.31%. Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual ( 10-K) and quarterly ( 10-Q) reports submitted to the Securities and Exchange Commission (SEC). Detailed annual and quarterly income statement for Atmus Filtration Technologies Inc. (ATMU).Instagram:https://instagram. charge point teslais silver going to skyrocketroyal gold stock pricebest lithium etfs Atmus Filtration Technologies Inc. (ATMU), the Filtration business unit of Cummins Inc. (CMI), today announced that it has launched a roadshow for its proposed initial public offering (IPO). The IPO is for 14,124,409 shares of the common stock of Atmus currently owned by Cummins. etf currenciesapples earnings report See the latest Atmus Filtration Technologies Inc stock price (ATMU:XNYS), ... Cummins spin-off Atmus Filtration IPO prices at $19.50 a share. MarketWatch May 26, 2023 11:20am.Atmus Filtration Technologies Inc. (ATMU) NYSE: ATMU · IEX Real-Time Price · USD. Add to Watchlist 21.80 +0.14 (0.65%) Nov 24, 2023, 1:00 PM EST - Market closed. Overview; ... Since the IPO on May 26, 2023, ATMU's market cap has increased from $1.62B to $1.82B, an increase of 11.79%. That is a compound annual growth rate of … california personal loan May 30, 2023. NASHVILLE, Tenn.-- (BUSINESS WIRE)-- Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced …May 19, 2023 · Atmus Filtration Technologies Inc, the Filtration business unit of Cummins Inc, has launched a roadshow for its proposed initial public offering (IPO). The IPO is for 14,124,409 shares of the common stock of Atmus currently owned by Cummins. The underwriters will also be granted a 30-day option to purchase up to an additional 2,118,661 shares ... May 17, 2023 · Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced that it has launched a roadshow for its proposed initial public offering (IPO). The IPO is for 14,124,409 shares of the common stock of Atmus currently owned by Cummins.