Van Berkom & Associates Inc. Has $7.18 Million Position in ATS Co. (NYSE:ATS)

Van Berkom & Associates Inc. cut its stake in shares of ATS Co. (NYSE:ATS) by 13.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 235,565 shares of the company’s stock after selling 37,264 shares during the period. Van Berkom & Associates Inc. owned about 0.24% of ATS worth $7,177,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ATS. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of ATS by 94.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company’s stock valued at $54,000 after acquiring an additional 860 shares in the last quarter. Van ECK Associates Corp grew its stake in ATS by 28.4% in the third quarter. Van ECK Associates Corp now owns 4,230 shares of the company’s stock valued at $132,000 after purchasing an additional 936 shares in the last quarter. Procyon Advisors LLC purchased a new position in ATS in the fourth quarter valued at about $293,000. abrdn plc increased its position in ATS by 38.5% in the 4th 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 last quarter. Finally, Franklin Resources Inc. raised its stake in shares of ATS by 125.0% during the 3rd quarter. Franklin Resources Inc. now owns 14,132 shares of the company’s stock worth $431,000 after purchasing an additional 7,850 shares in the last quarter. Institutional investors and hedge funds own 75.84% of the company’s stock.

ATS Trading Up 0.3 %

Shares of NYSE ATS opened at $29.12 on Friday. The business has a 50 day simple moving average of $28.84 and a 200 day simple moving average of $28.93. ATS Co. has a 52 week low of $24.82 and a 52 week high of $39.04. The stock has a market cap of $2.85 billion, a price-to-earnings ratio of 44.12 and a beta of 1.13. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.58 and a current ratio of 1.92.

ATS (NYSE:ATS) last posted its earnings results on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. On average, research analysts predict that ATS Co. will post 1.02 earnings per share for the current fiscal year.

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.