Boothbay Fund Management LLC Acquires 71,687 Shares of ATS Co. (NYSE:ATS)

Boothbay Fund Management LLC raised its position in shares of ATS Co. (NYSE:ATS - Free Report) by 121.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 130,476 shares of the company's stock after purchasing an additional 71,687 shares during the quarter. Boothbay Fund Management LLC owned approximately 0.13% of ATS worth $3,977,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Barclays PLC acquired a new stake in ATS during the 3rd quarter valued at approximately $510,000. Thurston Springer Miller Herd & Titak Inc. increased its position in ATS by 94.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company's stock valued at $54,000 after purchasing an additional 860 shares during the period. abrdn plc increased its position in ATS by 38.5% during the 4th quarter. abrdn plc now owns 13,267 shares of the company's stock valued at $401,000 after purchasing an additional 3,685 shares during the period. Vanguard Group Inc. increased its position in ATS by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 3,229,265 shares of the company's stock valued at $98,486,000 after purchasing an additional 51,365 shares during the period. Finally, Geode Capital Management LLC increased its position in ATS by 5.2% during the 3rd quarter. Geode Capital Management LLC now owns 38,987 shares of the company's stock valued at $1,136,000 after purchasing an additional 1,920 shares during the period. Institutional investors and hedge funds own 75.84% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Scotiabank raised shares of ATS to a "hold" rating in a research report on Tuesday.

ATS Trading Down 0.1 %

Shares of ATS stock traded down $0.02 during trading hours on Wednesday, hitting $25.18. 115,370 shares of the company were exchanged, compared to its average volume of 126,968. The firm has a market cap of $2.47 billion, a P/E ratio of 38.15 and a beta of 1.10. ATS Co. has a fifty-two week low of $20.90 and a fifty-two week high of $35.42. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.58 and a current ratio of 1.92. The company has a 50 day simple moving average of $26.04 and a two-hundred day simple moving average of $28.38.

ATS (NYSE:ATS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. Equities analysts anticipate that ATS Co. will post 1.02 EPS 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.