ATS Corporation $ATS Stock Holdings Increased by Scotia Capital Inc.

Scotia Capital Inc. raised its holdings in shares of ATS Corporation (NYSE:ATS) by 3.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 203,774 shares of the company’s stock after buying an additional 7,513 shares during the period. Scotia Capital Inc. owned about 0.21% of ATS worth $6,493,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Northwest & Ethical Investments L.P. lifted its position in shares of ATS by 27.7% during the 1st quarter. Northwest & Ethical Investments L.P. now owns 8,333 shares of the company’s stock valued at $208,000 after acquiring an additional 1,806 shares during the last quarter. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of ATS during the second quarter worth $233,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of ATS during the second quarter worth $281,000. Cidel Asset Management Inc. lifted its holdings in shares of ATS by 11.9% during the second quarter. Cidel Asset Management Inc. now owns 9,270 shares of the company’s stock valued at $295,000 after purchasing an additional 984 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of ATS in the 2nd quarter valued at $349,000. Institutional investors and hedge funds own 75.84% of the company’s stock.

ATS Trading Down 0.4%

Shares of NYSE ATS opened at $25.51 on Friday. The company has a current ratio of 1.63, a quick ratio of 1.34 and a debt-to-equity ratio of 0.84. ATS Corporation has a one year low of $20.90 and a one year high of $33.13. The business has a 50-day moving average price of $26.43 and a two-hundred day moving average price of $28.30. The firm has a market capitalization of $2.50 billion, a PE ratio of -2,548.45 and a beta of 1.25.

ATS (NYSE:ATS) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.31 by $0.02. ATS had a negative net margin of 0.08% and a positive return on equity of 8.82%. The business had revenue of $524.03 million during the quarter, compared to analysts’ expectations of $721.51 million. During the same period last year, the company posted $0.25 earnings per share. The firm’s quarterly revenue was up 18.9% compared to the same quarter last year. ATS has set its Q3 2026 guidance at EPS. As a group, analysts predict that ATS Corporation will post 1.02 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ATS has been the topic of several recent analyst reports. Scotiabank upgraded ATS from a “sector perform” rating to a “sector outperform” rating in a report on Wednesday, November 5th. Weiss Ratings restated a “sell (d)” rating on shares of ATS in a report on Wednesday, October 8th. Finally, Zacks Research raised shares of ATS from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, ATS has an average rating of “Hold”.

ATS Company 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.