Select Equity Group L.P. Makes New $6.05 Million Investment in ATS Corporation $ATS

Select Equity Group L.P. bought a new position in shares of ATS Corporation (NYSE:ATS - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 242,640 shares of the company's stock, valued at approximately $6,047,000. Select Equity Group L.P. owned about 0.25% of ATS as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position 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 worth $2,547,000 after purchasing an additional 1,053 shares during the last quarter. Envestnet Asset Management Inc. raised its position 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 worth $3,148,000 after acquiring an additional 16,372 shares in the last quarter. Bank of America Corp DE raised its position in shares of ATS by 79.3% in 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 in the last quarter. Deutsche Bank AG lifted its stake in shares of 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 period. Finally, Scotia Capital Inc. lifted its stake in shares of ATS by 2.3% in the 1st quarter. Scotia Capital Inc. now owns 196,261 shares of the company's stock valued at $4,788,000 after purchasing an additional 4,458 shares during the period. 75.84% of the stock is owned by institutional investors.

ATS Stock Down 0.9%

ATS stock traded down $0.26 during midday trading on Friday, reaching $27.29. The stock had a trading volume of 114,399 shares, compared to its average volume of 108,864. ATS Corporation has a 12 month low of $20.90 and a 12 month high of $33.13. The company has a market capitalization of $2.67 billion, a P/E ratio of -101.07 and a beta of 1.27. The company has a fifty day moving average price of $28.94 and a two-hundred day moving average price of $27.97. 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 (NYSE:ATS - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.03. ATS had a positive return on equity of 7.79% and a negative net margin of 1.44%.The business had revenue of $541.11 million during the quarter, compared to analyst estimates of $712.16 million. During the same period in the previous year, the company posted $0.50 EPS. The firm's revenue was up 6.1% compared to the same quarter last year. ATS has set its Q2 2026 guidance at EPS. As a group, equities analysts expect that ATS Corporation will post 1.02 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen raised 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.com, ATS currently has an average rating of "Hold".

About ATS

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.