Cidel Asset Management Inc. Increases Holdings in ATS Corporation $ATS

Cidel Asset Management Inc. lifted its position in ATS Corporation (NYSE:ATS) by 11.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,270 shares of the company’s stock after purchasing an additional 984 shares during the period. Cidel Asset Management Inc.’s holdings in ATS were worth $295,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Steph & Co. boosted 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 valued at $133,000 after purchasing an additional 3,674 shares during the period. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of ATS in the second quarter valued at approximately $233,000. Northwest & Ethical Investments L.P. boosted 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 valued at $208,000 after purchasing an additional 1,806 shares during the period. Aberdeen Group plc boosted its holdings in shares of ATS by 21.5% in the second quarter. Aberdeen Group plc now owns 16,205 shares of the company’s stock valued at $517,000 after purchasing an additional 2,869 shares during the period. Finally, Caption Management LLC purchased a new stake in shares of ATS in the first quarter valued at approximately $439,000. Hedge funds and other institutional investors own 75.84% of the company’s stock.

Analyst Upgrades and Downgrades

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

ATS Stock Down 1.8%

Shares of NYSE ATS opened at $26.01 on Monday. The stock’s fifty day simple moving average is $27.13 and its two-hundred day simple moving average is $27.93. The stock has a market capitalization of $2.54 billion, a PE ratio of -96.31 and a beta of 1.24. The company has a current ratio of 1.62, a quick ratio of 1.32 and a debt-to-equity ratio of 0.87. ATS Corporation has a 12-month low of $20.90 and a 12-month high of $33.13.

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