TD Waterhouse Canada Inc. Decreases Stock Position in ATS Corporation $ATS

TD Waterhouse Canada Inc. decreased its position in ATS Corporation (NYSE:ATS) by 13.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,452,320 shares of the company’s stock after selling 220,776 shares during the quarter. TD Waterhouse Canada Inc. owned 1.49% of ATS worth $46,351,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC acquired a new stake in ATS during the 2nd quarter valued at $233,000. Northwest & Ethical Investments L.P. grew its stake in shares of ATS by 27.7% during the first quarter. Northwest & Ethical Investments L.P. now owns 8,333 shares of the company’s stock valued at $208,000 after acquiring an additional 1,806 shares in the last quarter. Cidel Asset Management Inc. increased its position in shares of ATS by 11.9% during the second quarter. Cidel Asset Management Inc. now owns 9,270 shares of the company’s stock worth $295,000 after acquiring an additional 984 shares during the last quarter. Aberdeen Group plc lifted its stake in shares of ATS by 21.5% in the second quarter. Aberdeen Group plc now owns 16,205 shares of the company’s stock worth $517,000 after acquiring an additional 2,869 shares in the last quarter. Finally, Caption Management LLC purchased a new position in ATS in the first quarter valued at about $439,000. Hedge funds and other institutional investors own 75.84% of the company’s stock.

ATS Trading Down 1.2%

NYSE:ATS opened at $24.87 on Wednesday. The company has a market cap of $2.44 billion, a PE ratio of -2,484.52 and a beta of 1.25. The business’s 50 day moving average is $26.88 and its two-hundred day moving average is $28.38. The company has a quick ratio of 1.34, a current ratio of 1.63 and a debt-to-equity ratio of 0.84. ATS Corporation has a 52 week low of $20.90 and a 52 week high of $33.13.

ATS (NYSE:ATS) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.02. ATS had a positive return on equity of 8.82% and a negative net margin of 0.08%.The business had revenue of $524.03 million for the quarter, compared to analyst estimates of $721.51 million. During the same period in the prior year, the company posted $0.25 EPS. The business’s revenue was up 18.9% compared to the same quarter last year. ATS has set its Q3 2026 guidance at EPS. On average, analysts predict that ATS Corporation will post 1.02 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ATS shares. Weiss Ratings restated a “sell (d)” rating on shares of ATS in a report on Wednesday, October 8th. Zacks Research upgraded shares of ATS from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 14th. Finally, Scotiabank raised shares of ATS from a “sector perform” rating to a “sector outperform” rating in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold”.

ATS 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.