Front Street Capital Management Inc. Increases Stock Holdings in ATS Corporation $ATS

Front Street Capital Management Inc. increased its holdings in shares of ATS Corporation (NYSE:ATS) by 2.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 288,962 shares of the company’s stock after buying an additional 8,132 shares during the quarter. ATS accounts for about 1.4% of Front Street Capital Management Inc.’s portfolio, making the stock its 18th largest position. Front Street Capital Management Inc. owned approximately 0.30% of ATS worth $7,204,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ATS. Tower Research Capital LLC TRC lifted its position in ATS by 561.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,171 shares of the company’s stock worth $66,000 after acquiring an additional 1,843 shares during the period. Steph & Co. lifted its position in ATS by 223.6% during the 1st quarter. Steph & Co. now owns 5,317 shares of the company’s stock worth $133,000 after acquiring an additional 3,674 shares during the period. Cidel Asset Management Inc. lifted its position in ATS by 8.5% during the 1st quarter. Cidel Asset Management Inc. now owns 8,286 shares of the company’s stock worth $207,000 after acquiring an additional 650 shares during the period. Northwest & Ethical Investments L.P. lifted its position in ATS by 27.7% during the 1st quarter. Northwest & Ethical Investments L.P. now owns 8,333 shares of the company’s stock worth $208,000 after acquiring an additional 1,806 shares during the period. Finally, Deutsche Bank AG lifted its position in ATS by 41.6% during the 4th quarter. Deutsche Bank AG now owns 7,320 shares of the company’s stock worth $223,000 after acquiring an additional 2,149 shares during the period. 75.84% of the stock is currently owned by hedge funds and other institutional investors.

ATS Stock Performance

Shares of ATS stock opened at $27.61 on Friday. The stock has a market cap of $2.70 billion, a PE ratio of -102.26 and a beta of 1.27. The business has a 50-day simple moving average of $29.45 and a 200-day simple moving average of $28.04. The company has a quick ratio of 1.32, a current ratio of 1.62 and a debt-to-equity ratio of 0.87. ATS Corporation has a 52-week low of $20.90 and a 52-week high of $33.13.

ATS (NYSE:ATS) last issued its quarterly earnings data 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. The business had revenue of $541.11 million during the quarter, compared to analysts’ expectations of $712.16 million. ATS had a positive return on equity of 7.79% and a negative net margin of 1.44%.The company’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.50 EPS. ATS has set its Q2 2026 guidance at EPS. On average, equities analysts expect that ATS Corporation will post 1.02 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised ATS from a “sell” rating to a “hold” rating in a research report on Saturday, July 5th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

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.