Steph & Co. Lowers Holdings in ATS Corporation $ATS

Steph & Co. trimmed its holdings in shares of ATS Corporation (NYSE:ATS) by 62.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,000 shares of the company’s stock after selling 3,317 shares during the period. Steph & Co.’s holdings in ATS were worth $64,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Deutsche Bank AG lifted its position in ATS by 41.6% during the fourth quarter. Deutsche Bank AG now owns 7,320 shares of the company’s stock valued at $223,000 after purchasing an additional 2,149 shares during the period. Cidel Asset Management Inc. lifted its holdings in shares of ATS by 8.5% during the 1st quarter. Cidel Asset Management Inc. now owns 8,286 shares of the company’s stock valued at $207,000 after buying an additional 650 shares during the period. Northwest & Ethical Investments L.P. boosted its stake in shares of ATS by 27.7% in the 1st 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 last quarter. Procyon Advisors LLC grew its holdings in shares of ATS by 15.1% in the first quarter. Procyon Advisors LLC now owns 11,084 shares of the company’s stock worth $276,000 after acquiring an additional 1,456 shares during the period. Finally, Caption Management LLC purchased a new stake in ATS during the first quarter valued at $439,000. Institutional investors own 75.84% of the company’s stock.

Analyst Upgrades and Downgrades

ATS has been the subject of several research reports. Wall Street Zen raised shares of ATS from a “sell” rating to a “hold” rating in a research report on Saturday, July 5th. Zacks Research cut shares of ATS from a “hold” rating to a “strong sell” rating in a report on Monday, September 15th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce”.

ATS Price Performance

Shares of NYSE:ATS opened at $26.32 on Friday. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of -97.47 and a beta of 1.27. The firm has a fifty day moving average price of $28.56 and a 200 day moving average price of $27.96. ATS Corporation has a fifty-two week low of $20.90 and a fifty-two week high of $33.13. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.32 and a current ratio of 1.62.

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

ATS Profile

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.