Atmus filtration ipo.

Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2022. Third quarter revenues in total were $7.3 billion. Excluding the contribution of the Meritor, Inc. business, the acquisition of which was completed on August 3, 2022, third quarter revenues were $6.6 billion, representing an increase of 11 percent from the same …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, a unit of Cummins ( NYSE: CMI ), has launched a road show for a proposed $273M initial public offering. Atmus ( NYSE: ATMU) plans to offer 14M shares priced between ...Cummins will own 83% of Atmus’s shares and will continue to control the company after the listing, according to the filings. Cummins Inc. spinoff Atmus Filtration Technologies Inc. raised $275 million in an initial public offering, pricing its shares in the middle of a marketed range.

16 May 2023 ... Atmus Filtration Technologies Inc., the filtration business of Columbus-based Cummins Inc., is looking to raise more than $341 million in ...

May 24, 2023 · According to IPO Renaissance Capital, Atmus seeks to raise $275 million through the distribution of 14.1 million shares. The estimated per-share price spectrum ranges from $18 to $21. At the ... 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.

NASHVILLE, Tenn., May 30, 2023--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced the closing of its initial public offering ("IPO ...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 intends to …Advertisement IPOs are a way for young companies to get bigger and more profitable, but established firms that have been in private hands for decades sometimes decide to do them as well. That's because IPOs, despite all the work that's requ...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.Feb 21, 2023 3:38 PM PST. Cummins Inc.'s (CMI) filtration business filed a registration statement for an initial public offering Tuesday. The Atmus Filtration Technologies business is looking to ...

Second-Quarter Results. For the second quarter of 2023, Atmus posted net sales of $414 million, compared to $393 million in the second quarter of 2022, an increase of approximately 5 percent. The increase in sales was primarily driven by an increase in pricing, partially offset by a decrease in volume and negative impacts of currency.

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 ...

Cummins ( 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 spinoff Atmus Filtration Technologies raised $246 million in its May 26 IPO at 19.50 per share. The stock is in the buy zone of an IPO base with a 22.50 buy point. Atmus makes filters for ...The company had previously guided the IPO could be priced at between $18 and $21 per share. (Reuters) -Atmus Filtration Technologies Inc, the filtration business of U.S. diesel engine maker ...23 Feb 2023 ... Atmus Filtration Technologies Inc., headquartered in Nashville, Tennessee, filed paperwork Tuesday with the U.S. Securities and Exchange ...May 30, 2023 · May 30, 2023. NASHVILLE, Tenn.-- (BUSINESS WIRE)-- Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced the closing of its initial public offering (“IPO”) of 16,243,070 shares of its common stock at a price to the public of $19.50 per share, including the underwriters’ full ... COLUMBUS, Ind., February 21, 2023--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 ...

Cummins Inc. spinoff Atmus Filtration Technologies rose 11% in its trading debut after raising $275 million in an initial public ... which sold for $19.50 in the IPO, opened trading May 26 at $21. ...May 16, 2023 · 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 parent ... With a presence in more than 150 countries on six continents, Atmus provides a strong customer base across truck, bus, agriculture, construction, mining, marine, and power generation vehicles and equipment markets. In addition, our multi-channel distribution ensures broad product availability, with choice and flexibility for end-users. Cummins Inc. spinoff Atmus Filtration Technologies Inc. raised $275 million in an initial public offering, pricing its shares in the middle of a marketed range. The company sold about 14 million shares Thursday for $19.50 each after marketing them for $18 to $21, according to a statement. At the IPO price, the Nashville, Tennessee-based …May 21, 2023 · The week’s news was driven by Cummins spin-off Atmus Filtration, which launched its $275 million IPO, and restaurant chain CAVA Group, which filed to raise $100 million. Two companies are ... Atmus Filtration Technologies, the filtration unit being spun out of Cummins, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. However, this is likely a placeholder for a deal that we could believe could raise up to $350 million.Feb 21, 2023 · COLUMBUS, Ind., February 21, 2023--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 ...

Atmus Filtration Technologies | 3,296 followers on LinkedIn. This is the official page of Atmus Filtration Technologies, a global leader in filtration and media solutions. ... Since our IPO, we have been investing in our global presence to support our people and our customers around the world. Just recently, we opened an Atmus logistics center ...NASHVILLE, Tenn., May 26, 2023--Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public ...

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.Nov 16, 2023 · Cummins spin-off Atmus Filtration IPO prices at $19.50 a share May. 26, 2023 at 7:19 a.m. ET by Steve Gelsi Cummins unit Atmus Filtration to offer 14.1 million shares in IPO, priced at $18 to $21 each Atmus Filtration Technologies was founded by Cummins Inc. in 1958 and became a public company with the ringing of the bell on May 26. ... As we officially celebrate the closing of our IPO, we want ...23 Feb 2023 ... Cummins Inc. has announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with ...Atmus Filtration Technologies Inc. plans to offer 14.1 million shares priced between $18 and $21 each, raising $275.3 million at midpoint. Atmus began marketing its IPO to potential investors on ...Atmus Filtration Technologies Inc. plans to offer 14.1 million shares priced between $18 and $21 each, raising $275.3 million at midpoint. Atmus began marketing its IPO to potential investors on ...We are focused on performance, durability and sustainability to serve the world better. Atmus Filtration Technologies Inc. has appointed Renee Swan as Chief People Officer, reporting to Atmus’ CEO Steph Disher, effective August 14. Swan replaces Mark Osowick who has led Atmus Human Resources and corporate responsibility and …May 26, 2023 · May 25, 2023 at 6:53 PM PDT. Listen. 2:07. Cummins Inc. spinoff Atmus Filtration Technologies Inc. raised $275 million in an initial public offering, pricing its shares in the middle of a marketed ... Dec 1, 2023 · The 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.

Atmus Filtration Technologies ( NYSE: ATMU) debuted in the stock market through an IPO on May 22, 2023, and has seen a modest 2% increase in share price in …

The sale of more than 14 million shares helped Atmus (formerly Cummins Filtration) raise $275 million, MarketWatch reported, with the Nashville-based subsidiary valued at $1.6 billion upon listing ...

You are being redirected from cumminsfiltration.com to our new corporate website, Atmus.com.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 …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 intends to …Atmus Filtration Technologies Announces Pricing of Initial Public Offering Finance My Portfolio Yahoo Finance Plus Sectors Advertisement U.S. markets closed …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 at ...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.May 26, 2023 · Shares of Atmus opened at $21.67, up 11% from their initial public offering price of $19.5 a share. Atmus raised about $275 million by selling 14.1 million shares. The week’s news was driven by Cummins spin-off Atmus Filtration, which launched its $275 million IPO, and restaurant chain CAVA Group, which filed to raise $100 million. Two companies are ...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 …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.

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.Provided by Dow Jones. May 26, 2023 4:20 AM PDT. Atmus Filtration Technologies Inc. priced 14.1 million shares at $19.50 a share to raise $275.4 million in …Atmus Filtration Technologies (ATMU) has filed for a proposed IPO. The company describes itself as: "Atmus is one of the global leaders of filtration products for on-highway commercial vehicles ...Instagram:https://instagram. you need a budget alternativepershingxtrading apps better than robinhoodmaxar technologies stock Cummins Inc. (NYSE: CMI) today announced that its Filtration business has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (the "IPO") of newly issued common stock of the business in the United States. The …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 FACEBOOK cheap workers comp insurance floridahydrogen etf stocks 26 May 2023 ... Atmus Filtration Technologies Inc. (NYSE: ATMU) Rings The Opening ... Unfriended: The Facebook IPO Debacle - WSJ In Depth. The Wall Street ...Feb 21, 2023 3:38 PM PST. Cummins Inc.'s (CMI) filtration business filed a registration statement for an initial public offering Tuesday. The Atmus Filtration Technologies business is looking to ... c3ai stock forecast During the third quarter, Atmus repaid the $50 million borrowed under the Revolving Credit Facility at the May 30 IPO launch. Atmus now has full availability under the $400 million facility, and ...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.The IPO will offer 14,124,409 shares of Atmus common stock currently owned by Cummins, with a 30-day option for underwriters to purchase an additional 2,118,661 shares at the IPO price. Atmus ...