ATS Corporation $ATS Position Boosted by Aberdeen Group plc

Aberdeen Group plc grew its position in ATS Corporation (NYSE:ATS) by 21.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,205 shares of the company’s stock after buying an additional 2,869 shares during the quarter. Aberdeen Group plc’s holdings in ATS were worth $517,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Steph & Co. boosted its holdings in shares of ATS by 223.6% in the first quarter. Steph & Co. now owns 5,317 shares of the company’s stock worth $133,000 after buying an additional 3,674 shares during the period. Cidel Asset Management Inc. boosted its holdings in shares of ATS by 8.5% in the first quarter. Cidel Asset Management Inc. now owns 8,286 shares of the company’s stock worth $207,000 after buying an additional 650 shares during the period. Northwest & Ethical Investments L.P. boosted its holdings in shares of ATS by 27.7% in the first quarter. Northwest & Ethical Investments L.P. now owns 8,333 shares of the company’s stock worth $208,000 after buying an additional 1,806 shares during the period. Caption Management LLC acquired a new position in shares of ATS in the first quarter worth about $439,000. Finally, Bank of Nova Scotia Trust Co. boosted its holdings in shares of ATS by 15.5% in the first quarter. Bank of Nova Scotia Trust Co. now owns 17,713 shares of the company’s stock worth $442,000 after buying an additional 2,372 shares during the period. 75.84% of the stock is currently owned by institutional investors and hedge funds.

ATS Price Performance

Shares of ATS opened at $26.01 on Friday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.32 and a current ratio of 1.62. The firm has a market cap of $2.54 billion, a PE ratio of -96.31 and a beta of 1.24. The firm’s 50 day moving average price is $27.13 and its 200 day moving average price is $27.91. ATS Corporation has a twelve month low of $20.90 and a twelve month high of $33.13.

ATS (NYSE:ATS) last posted its earnings results on Thursday, August 7th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.27 by $0.03. The company had revenue of $541.11 million during the quarter, compared to the consensus estimate of $712.16 million. ATS had a negative net margin of 1.44% and a positive return on equity of 7.79%. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 earnings per share. ATS has set its Q2 2026 guidance at EPS. As a group, research analysts expect that ATS Corporation will post 1.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wall Street Zen upgraded shares of ATS from a “sell” rating to a “hold” rating in a report on Saturday, July 5th. Zacks Research upgraded shares of ATS from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 14th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of ATS in a report on Wednesday, October 8th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, ATS currently has an average rating of “Reduce”.

About ATS

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.