Alberta Investment Management Corp Increases Position in ATS Co. (NYSE:ATS)

Alberta Investment Management Corp increased its holdings in ATS Co. (NYSE:ATS - Free Report) by 15.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,086,700 shares of the company's stock after acquiring an additional 148,700 shares during the period. Alberta Investment Management Corp owned about 1.11% of ATS worth $33,125,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in ATS by 94.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company's stock valued at $54,000 after purchasing an additional 860 shares during the period. Van ECK Associates Corp increased its holdings in ATS by 28.4% during the third quarter. Van ECK Associates Corp now owns 4,230 shares of the company's stock worth $132,000 after buying an additional 936 shares during the last quarter. Procyon Advisors LLC bought a new stake in ATS in the fourth quarter worth about $293,000. abrdn plc boosted its stake in ATS by 38.5% in the fourth quarter. abrdn plc now owns 13,267 shares of the company's stock valued at $401,000 after acquiring an additional 3,685 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in shares of ATS by 125.0% during the 3rd quarter. Franklin Resources Inc. now owns 14,132 shares of the company's stock valued at $431,000 after acquiring an additional 7,850 shares during the period. 75.84% of the stock is owned by hedge funds and other institutional investors.

ATS Stock Performance

Shares of NYSE:ATS traded down $0.28 during mid-day trading on Friday, reaching $28.81. The company had a trading volume of 67,970 shares, compared to its average volume of 123,564. ATS Co. has a one year low of $24.82 and a one year high of $39.04. The company has a current ratio of 1.92, a quick ratio of 1.58 and a debt-to-equity ratio of 0.97. The company's 50-day moving average price is $28.84 and its 200-day moving average price is $28.93. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 43.65 and a beta of 1.13.

ATS (NYSE:ATS - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 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 research analysts anticipate that ATS Co. will post 1.02 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.