Scotia Capital Inc. Has $6.49 Million Stake in ATS Corporation $ATS

Scotia Capital Inc. increased its position in ATS Corporation (NYSE:ATS) by 3.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 203,774 shares of the company’s stock after acquiring an additional 7,513 shares during the period. Scotia Capital Inc.’s holdings in ATS were worth $6,493,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

A number of analysts have weighed in on ATS shares. Zacks Research raised ATS from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 14th. Scotiabank raised ATS from a “sector perform” rating to a “sector outperform” rating in a research note on Wednesday, November 5th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of ATS in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, ATS presently has an average rating of “Hold”.

ATS Trading Down 0.4%

Shares of NYSE:ATS opened at $25.51 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.34 and a current ratio of 1.63. The stock’s 50-day moving average is $26.43 and its 200-day moving average is $28.30. The company has a market cap of $2.50 billion, a P/E ratio of -2,548.45 and a beta of 1.25. ATS Corporation has a 52-week low of $20.90 and a 52-week high of $33.13.

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

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.