Granite Investment Partners LLC Invests $4.37 Million in ATS Co. (NYSE:ATS)

Granite Investment Partners LLC purchased a new stake in ATS Co. (NYSE:ATS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 143,486 shares of the company's stock, valued at approximately $4,373,000. Granite Investment Partners LLC owned about 0.15% of ATS as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings 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 worth $54,000 after purchasing an additional 860 shares in the last quarter. Northwest & Ethical Investments L.P. grew its holdings in ATS by 7.9% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company's stock worth $199,000 after acquiring an additional 478 shares during the last quarter. Procyon Advisors LLC acquired a new position in ATS in the 4th quarter valued at approximately $293,000. abrdn plc lifted its holdings in shares of ATS by 38.5% during the fourth quarter. abrdn plc now owns 13,267 shares of the company's stock worth $401,000 after purchasing an additional 3,685 shares during the period. Finally, Franklin Resources Inc. increased its holdings in ATS by 125.0% in the third quarter. Franklin Resources Inc. now owns 14,132 shares of the company's stock valued at $431,000 after purchasing an additional 7,850 shares during the period. Institutional investors and hedge funds own 75.84% of the company's stock.

ATS Trading Up 1.3 %

ATS traded up $0.31 during midday trading on Friday, hitting $24.42. 67,098 shares of the company were exchanged, compared to its average volume of 128,646. The firm has a market capitalization of $2.39 billion, a P/E ratio of 36.99 and a beta of 1.10. The firm's 50 day moving average price is $26.67 and its 200-day moving average price is $28.63. The company has a quick ratio of 1.58, a current ratio of 1.92 and a debt-to-equity ratio of 0.97. ATS Co. has a 1-year low of $20.90 and a 1-year high of $35.42.

ATS (NYSE:ATS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, meeting analysts' consensus estimates of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. As a group, equities analysts forecast that ATS Co. will post 1.02 EPS 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.