ATS Corporation $ATS Shares Sold by Invesco Ltd.

Key Points

• Invesco Ltd. has reduced its holdings in ATS Corporation by 13.0%, selling 209,055 shares and retaining approximately 1.43% of the company valued at $34,954,000.
• Other institutional investors, such as Tower Research Capital and Steph & Co., have increased their stakes significantly, highlighting a mixed sentiment towards ATS in the market.
• Despite a revenue increase of 6.1% year-over-year, ATS reported quarterly earnings of $0.30 per share, which beat estimates, but showed a negative net margin of -1.44%.

Invesco Ltd. trimmed its position in shares of ATS Corporation (NYSE:ATS - Free Report) by 13.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,402,085 shares of the company's stock after selling 209,055 shares during the quarter. Invesco Ltd. owned about 1.43% of ATS worth $34,954,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ATS. Geode Capital Management LLC raised its position in shares of 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 purchasing an additional 2,067 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of ATS by 10.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 109,921 shares of the company's stock valued at $3,350,000 after purchasing an additional 10,632 shares during the last quarter. Mariner LLC raised its position in shares of ATS by 8.0% in 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 during the last quarter. Dimensional Fund Advisors LP raised its position in shares of ATS by 1.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 37,463 shares of the company's stock valued at $1,142,000 after purchasing an additional 479 shares during the last quarter. Finally, Capital World Investors raised its position in shares of ATS by 11.0% in the 4th quarter. Capital World Investors now owns 3,449,762 shares of the company's stock valued at $105,212,000 after purchasing an additional 341,904 shares during the last quarter. 75.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ATS has been the subject of several research analyst reports. Scotiabank raised shares of ATS to a "hold" rating in a research report on Tuesday, April 29th. Wall Street Zen upgraded 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, Based on data from MarketBeat, ATS has a consensus rating of "Hold".

ATS Stock Performance

NYSE:ATS traded up $0.8640 during midday trading on Friday, hitting $27.5240. The company's stock had a trading volume of 194,905 shares, compared to its average volume of 128,668. ATS Corporation has a fifty-two week low of $20.90 and a fifty-two week high of $33.13. The firm's 50 day moving average is $30.21 and its 200-day moving average is $28.17. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.62 and a quick ratio of 1.32. The firm has a market cap of $2.69 billion, a P/E ratio of -101.94 and a beta of 1.28.

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 the consensus estimate of $0.27 by $0.03. ATS had a negative net margin of 1.44% and a positive return on equity of 7.79%. The company had revenue of $541.11 million for the quarter, compared to the consensus estimate of $712.16 million. During the same quarter in the prior year, the company earned $0.50 EPS. ATS's quarterly revenue was up 6.1% on a year-over-year basis. ATS has set its Q2 2026 guidance at EPS. Equities analysts anticipate that ATS Corporation will post 1.02 earnings per share 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.