ATS Co. (NYSE:ATS) Shares Purchased by National Bank of Canada FI

National Bank of Canada FI grew its stake in shares of ATS Co. (NYSE:ATS) by 17.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 493,601 shares of the company’s stock after buying an additional 74,950 shares during the quarter. National Bank of Canada FI’s holdings in ATS were worth $15,068,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of ATS. Thurston Springer Miller Herd & Titak Inc. raised its position in ATS by 94.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company’s stock valued at $54,000 after buying an additional 860 shares during the period. Northwest & Ethical Investments L.P. raised its position in ATS by 7.9% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company’s stock valued at $199,000 after acquiring an additional 478 shares in the last quarter. Procyon Advisors LLC bought a new position in shares of ATS during the 4th quarter valued at $293,000. abrdn plc boosted its stake in shares of ATS by 38.5% during the 4th quarter. abrdn plc now owns 13,267 shares of the company’s stock worth $401,000 after acquiring an additional 3,685 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of ATS by 125.0% during the 3rd quarter. Franklin Resources Inc. now owns 14,132 shares of the company’s stock worth $431,000 after buying an additional 7,850 shares during the period. Institutional investors and hedge funds own 75.84% of the company’s stock.

ATS Price Performance

Shares of NYSE:ATS opened at $23.56 on Friday. ATS Co. has a twelve month low of $23.10 and a twelve month high of $35.42. The business has a 50 day moving average price of $27.67 and a 200 day moving average price of $29.05. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 35.69 and a beta of 1.10. The company has a quick ratio of 1.58, a current ratio of 1.92 and a debt-to-equity ratio of 0.97.

ATS (NYSE:ATS) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. Research analysts predict that ATS Co. will post 1.02 earnings per share for the current 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.