66,106 Shares in ATS Corporation $ATS Acquired by Nuveen LLC

Key Points

• Nuveen LLC acquired 66,106 shares of ATS Corporation worth approximately $1,648,000, raising its stake to 0.07% by the end of the reporting period.
• ATS Corporation's stock opened at $27.69, with a market cap of $2.70 billion and a 12-month high of $33.13.
• The company reported $0.30 earnings per share for the latest quarter, surpassing analyst estimates, despite a revenue of $541.11 million which fell short of expectations.

Nuveen LLC purchased a new stake in shares of ATS Corporation (NYSE:ATS - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 66,106 shares of the company's stock, valued at approximately $1,648,000. Nuveen LLC owned approximately 0.07% of ATS at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in ATS by 1.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 83,571 shares of the company's stock valued at $2,547,000 after purchasing an additional 1,053 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in ATS by 14.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 126,293 shares of the company's stock valued at $3,148,000 after purchasing an additional 16,372 shares in the last quarter. Mariner LLC increased its stake in ATS by 8.0% during the 4th quarter. Mariner LLC now owns 9,328 shares of the company's stock valued at $284,000 after purchasing an additional 689 shares in the last quarter. Bank of America Corp DE boosted its holdings in ATS by 79.3% during the 4th quarter. Bank of America Corp DE now owns 808,052 shares of the company's stock worth $24,629,000 after acquiring an additional 357,322 shares during the last quarter. Finally, Deutsche Bank AG boosted its holdings 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 last quarter. Institutional investors own 75.84% of the company's stock.

Analysts Set New Price Targets

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

ATS Stock Performance

Shares of NYSE:ATS traded up $0.47 during midday trading on Thursday, reaching $27.38. The company had a trading volume of 150,099 shares, compared to its average volume of 121,686. The company's 50 day moving average price is $29.53 and its 200 day moving average price is $28.06. The company has a current ratio of 1.62, a quick ratio of 1.32 and a debt-to-equity ratio of 0.87. The stock has a market cap of $2.67 billion, a P/E ratio of -101.41 and a beta of 1.27. ATS Corporation has a 52-week low of $20.90 and a 52-week high of $33.13.

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