ATS Corporation $ATS Shares Bought by Nicola Wealth Management LTD.

Key Points

• Nicola Wealth Management LTD. increased its stake in ATS Corporation by 22.5% to own 523,300 shares, valued at approximately $13 million, as per their recent SEC filing.
• ATS Corporation stock has received an upgrade from a "sell" to a "hold" rating by Wall Street Zen, with an average rating of "hold" across analysts.
• The company's latest quarterly earnings reported an EPS of $0.30, exceeding estimates, though revenue fell short of expectations at $541.11 million.

Nicola Wealth Management LTD. boosted its stake in shares of ATS Corporation (NYSE:ATS - Free Report) by 22.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 523,300 shares of the company's stock after purchasing an additional 96,000 shares during the quarter. Nicola Wealth Management LTD. owned about 0.54% of ATS worth $13,049,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Steph & Co. grew its holdings in ATS by 223.6% in the 1st quarter. Steph & Co. now owns 5,317 shares of the company's stock valued at $133,000 after buying an additional 3,674 shares in the last quarter. Deutsche Bank AG increased its holdings in ATS by 41.6% in the 4th quarter. Deutsche Bank AG now owns 7,320 shares of the company's stock valued at $223,000 after purchasing an additional 2,149 shares during the last quarter. Cidel Asset Management Inc. lifted its stake in ATS by 8.5% during the first quarter. Cidel Asset Management Inc. now owns 8,286 shares of the company's stock worth $207,000 after purchasing an additional 650 shares in the last quarter. Northwest & Ethical Investments L.P. grew its stake in shares of ATS by 27.7% in the first quarter. Northwest & Ethical Investments L.P. now owns 8,333 shares of the company's stock worth $208,000 after acquiring an additional 1,806 shares in the last quarter. Finally, Procyon Advisors LLC boosted its stake in shares of ATS by 15.1% in the 1st quarter. Procyon Advisors LLC now owns 11,084 shares of the company's stock valued at $276,000 after buying an additional 1,456 shares during the period. Institutional investors and hedge funds own 75.84% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on ATS shares. Wall Street Zen raised ATS from a "sell" rating to a "hold" rating in a report on Saturday, July 5th. Zacks Research downgraded ATS from a "hold" rating to a "strong sell" rating in a research note on Monday. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Reduce".

ATS Stock Performance

NYSE:ATS traded up $0.10 during trading hours on Wednesday, reaching $28.05. 24,763 shares of the stock were exchanged, compared to its average volume of 134,035. ATS Corporation has a 52 week low of $20.90 and a 52 week high of $33.13. The company has a quick ratio of 1.32, a current ratio of 1.62 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $2.74 billion, a P/E ratio of -104.05 and a beta of 1.27. The firm has a 50 day simple moving average of $28.88 and a 200-day simple moving average of $27.95.

ATS (NYSE:ATS - Get Free Report) last issued its 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 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 revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.50 earnings per share. ATS has set its Q2 2026 guidance at EPS. As a group, sell-side analysts forecast 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.