ATS Co. (NYSE:ATS) Stock Holdings Lifted by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. raised its position in ATS Co. (NYSE:ATS) by 333.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,671,264 shares of the company’s stock after purchasing an additional 1,285,598 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in ATS were worth $50,905,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ATS. Thurston Springer Miller Herd & Titak Inc. boosted its stake 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 worth $54,000 after acquiring an additional 860 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of ATS by 28.4% during the 3rd quarter. Van ECK Associates Corp now owns 4,230 shares of the company’s stock worth $132,000 after acquiring an additional 936 shares in the last quarter. Procyon Advisors LLC bought a new stake in shares of ATS during the 4th quarter worth about $293,000. abrdn plc boosted its stake in shares of ATS by 38.5% during the 4th quarter. abrdn plc now owns 13,267 shares of the company’s stock worth $401,000 after acquiring an additional 3,685 shares in the last quarter. Finally, Franklin Resources Inc. boosted 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 acquiring an additional 7,850 shares in the last quarter. Hedge funds and other institutional investors own 75.84% of the company’s stock.

ATS Stock Performance

ATS opened at $26.04 on Thursday. The company has a market cap of $2.55 billion, a PE ratio of 39.46 and a beta of 0.98. The stock has a 50-day moving average of $28.13 and a 200-day moving average of $29.02. ATS Co. has a 52-week low of $24.82 and a 52-week high of $37.54. 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 released its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. ATS had a return on equity of 9.95% and a net margin of 3.27%. As a group, equities research analysts forecast that ATS Co. will post 1.02 earnings per share 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.