Montrusco Bolton Investments Inc. Acquires Shares of 318,781 ATS Corporation $ATS

Key Points

• Montrusco Bolton Investments Inc. has acquired 318,781 shares of ATS Corporation, valued at approximately $10.15 million, increasing its ownership to about 0.33% of the company.
• ATS Corporation's stock ratings have been mixed, with one analyst upgrading it to a "hold," while two others have issued "sell" ratings, leading to a current consensus rating of "Sell."
• In its latest earnings report, ATS posted $0.30 EPS, surpassing expectations, though with revenues of $541.11 million that fell short of the anticipated $712.16 million.

Montrusco Bolton Investments Inc. acquired a new stake in ATS Corporation (NYSE:ATS - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 318,781 shares of the company's stock, valued at approximately $10,146,000. Montrusco Bolton Investments Inc. owned about 0.33% of ATS at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Foresight Group Ltd Liability Partnership purchased a new stake in shares of ATS in the 1st quarter valued at approximately $9,627,000. Nicola Wealth Management LTD. grew its stake in shares of ATS by 22.5% in the 1st quarter. Nicola Wealth Management LTD. now owns 523,300 shares of the company's stock valued at $13,049,000 after buying an additional 96,000 shares during the period. Select Equity Group L.P. purchased a new stake in shares of ATS in the 1st quarter valued at approximately $6,047,000. Envestnet Asset Management Inc. grew its stake in shares of ATS by 14.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 126,293 shares of the company's stock valued at $3,148,000 after buying an additional 16,372 shares during the period. Finally, Burgundy Asset Management Ltd. grew its stake in shares of ATS by 21.9% in the 1st quarter. Burgundy Asset Management Ltd. now owns 1,768,782 shares of the company's stock valued at $44,133,000 after buying an additional 318,254 shares during the period. Institutional investors and hedge funds own 75.84% of the company's stock.

Wall Street Analysts Forecast Growth

ATS has been the subject of several analyst reports. Wall Street Zen raised shares of ATS from a "sell" rating to a "hold" rating in a research note on Saturday, July 5th. Weiss Ratings reissued a "sell (d)" rating on shares of ATS in a research note on Wednesday, October 8th. Finally, Zacks Research cut shares of ATS from a "hold" rating to a "strong sell" rating in a research note on Monday, September 15th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Sell".

ATS Stock Performance

NYSE:ATS opened at $25.39 on Monday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.32 and a current ratio of 1.62. The stock has a market capitalization of $2.48 billion, a P/E ratio of -94.05 and a beta of 1.24. The company has a 50 day moving average price of $27.49 and a 200 day moving average price of $27.90. ATS Corporation has a fifty-two week low of $20.90 and a fifty-two week high of $33.13.

ATS (NYSE:ATS - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $541.11 million during the quarter, compared to analysts' expectations 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 quarter last year, the company posted $0.50 EPS. ATS has set its Q2 2026 guidance at EPS. Equities research analysts forecast that ATS Corporation 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.

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