abrdn plc Buys 3,685 Shares of ATS Co. (NYSE:ATS)

abrdn plc raised its holdings in shares of ATS Co. (NYSE:ATS) by 38.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,267 shares of the company’s stock after buying an additional 3,685 shares during the period. abrdn plc’s holdings in ATS were worth $401,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. FMR LLC lifted its stake in shares of ATS by 9.5% during the 3rd quarter. FMR LLC now owns 1,639,373 shares of the company’s stock worth $47,565,000 after purchasing an additional 142,671 shares during the last quarter. Galibier Capital Management Ltd. lifted its position in shares of ATS by 440.2% in the fourth quarter. Galibier Capital Management Ltd. now owns 717,571 shares of the company’s stock valued at $21,873,000 after acquiring an additional 584,741 shares in the last quarter. Principal Financial Group Inc. lifted its position in ATS by 3.4% during the third quarter. Principal Financial Group Inc. now owns 661,040 shares of the company’s stock worth $19,201,000 after buying an additional 21,500 shares in the last quarter. Canoe Financial LP grew its position in ATS by 3.0% in the fourth quarter. Canoe Financial LP now owns 641,989 shares of the company’s stock worth $19,566,000 after acquiring an additional 18,480 shares during the period. Finally, Fiera Capital Corp increased its holdings in ATS by 18.3% in the 3rd quarter. Fiera Capital Corp now owns 584,804 shares of the company’s stock valued at $16,989,000 after purchasing an additional 90,443 shares during the last quarter. Hedge funds and other institutional investors own 75.84% of the company’s stock.

ATS Stock Up 0.6 %

Shares of NYSE ATS opened at $29.30 on Wednesday. ATS Co. has a 12-month low of $24.82 and a 12-month high of $41.19. The stock has a market cap of $2.87 billion, a P/E ratio of 44.39 and a beta of 1.13. The company has a current ratio of 1.92, a quick ratio of 1.71 and a debt-to-equity ratio of 0.97. The business’s fifty day simple moving average is $29.23 and its 200-day simple moving average is $28.95.

ATS (NYSE:ATS) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. As a group, equities analysts predict that ATS Co. will post 1.06 EPS for the current fiscal year.

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.