Cidel Asset Management Inc. Purchases 984 Shares of ATS Corporation $ATS

Cidel Asset Management Inc. lifted its position in ATS Corporation (NYSE:ATS) by 11.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,270 shares of the company’s stock after purchasing an additional 984 shares during the quarter. Cidel Asset Management Inc.’s holdings in ATS were worth $295,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Steph & Co. increased 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 purchasing an additional 3,674 shares during the last quarter. Vanguard Personalized Indexing Management LLC bought a new stake in shares of ATS in the second quarter worth about $233,000. Northwest & Ethical Investments L.P. increased 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 purchasing an additional 1,806 shares during the last quarter. Aberdeen Group plc grew its position in ATS by 21.5% in the second quarter. Aberdeen Group plc now owns 16,205 shares of the company’s stock worth $517,000 after acquiring an additional 2,869 shares in the last quarter. Finally, Caption Management LLC purchased a new position in ATS in the first quarter worth about $439,000. 75.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

ATS Stock Down 1.8%

Shares of NYSE:ATS opened at $26.01 on Monday. ATS Corporation has a 1 year low of $20.90 and a 1 year high of $33.13. The business has a 50 day simple moving average of $27.13 and a two-hundred day simple moving average of $27.93. The firm has a market capitalization of $2.54 billion, a PE ratio of -96.31 and a beta of 1.24. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.62 and a quick ratio of 1.32.

ATS (NYSE:ATS) last announced its earnings results on Thursday, August 7th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $541.11 million during the quarter, compared to analyst estimates of $712.16 million. During the same quarter in the previous year, the business earned $0.50 earnings per share. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. ATS has set its Q2 2026 guidance at EPS. On average, equities analysts predict that ATS Corporation will post 1.02 EPS for the current year.

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.