Hill City Capital LP Acquires Shares of 1,299,857 ATS Corporation $ATS

Key Points

• Hill City Capital LP has invested approximately $32.41 million in ATS Corporation, acquiring 1,299,857 shares, which now represent 2.4% of its portfolio.
• Institutional investors collectively own 75.84% of ATS Corporation, with significant contributions from firms like Dimensional Fund Advisors and Cidel Asset Management increasing their respective stakes.
• ATS Corporation reported an EPS of $0.30 for the last quarter, exceeding estimates, but its revenue was below expectations at $541.11 million.

Hill City Capital LP bought a new position in shares of ATS Corporation (NYSE:ATS - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 1,299,857 shares of the company's stock, valued at approximately $32,405,000. ATS makes up 2.4% of Hill City Capital LP's portfolio, making the stock its 11th largest position. Hill City Capital LP owned about 1.33% of ATS as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of ATS by 1.3% during the fourth 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 buying an additional 1,053 shares during the last quarter. Envestnet Asset Management Inc. raised its position in ATS by 14.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 126,293 shares of the company's stock worth $3,148,000 after buying an additional 16,372 shares during the last quarter. Mariner LLC grew its stake in shares of ATS by 8.0% during the 4th quarter. Mariner LLC now owns 9,328 shares of the company's stock worth $284,000 after purchasing an additional 689 shares during the period. Bank of America Corp DE grew its stake in shares of 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 purchasing an additional 357,322 shares during the period. Finally, Geode Capital Management LLC grew its stake in ATS by 5.3% in the 4th quarter. Geode Capital Management LLC now owns 41,054 shares of the company's stock valued at $1,265,000 after acquiring an additional 2,067 shares during the period. 75.84% of the stock is owned by hedge funds and other institutional investors.

ATS Stock Up 0.5%

Shares of ATS stock traded up $0.14 on Friday, reaching $27.69. 166,801 shares of the stock were exchanged, compared to its average volume of 136,541. 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 twelve month low of $20.90 and a twelve month high of $33.13. The company has a market capitalization of $2.70 billion, a price-to-earnings ratio of -102.54 and a beta of 1.28. The business's 50 day moving average price is $29.86 and its 200 day moving average price is $28.12.

ATS (NYSE:ATS - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.03. The firm had revenue of $541.11 million during 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 firm's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.50 earnings per share. ATS has set its Q2 2026 guidance at EPS. As a group, sell-side analysts expect that ATS Corporation will post 1.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.