As a financial observer, I’ve noticed Louisbourg Investments has been increasing its position in ATS Corporation. During the last quarter, they purchased an additional 113,773 shares, representing roughly $3.3 million worth of investment.
What Happened
Louisbourg Investments increased its stake in ATS Corporation (ATS) during the third quarter, adding 113,773 shares worth an estimated $3.3 million. As of the end of the quarter, the fund held a total of 215,295 shares of ATS, valued at $5.6 million, according to a recent SEC filing.
What Else to Know
The ATS Corporation stake is now 1.2% of Louisbourg Investments’ 13F reportable AUM.
Top holdings after the filing:
- NYSE:CNI: $28.5 million (6.2% of AUM)
- NASDAQ:SHOP: $15.1 million (3.3% of AUM)
- NASDAQ:MSFT: $13.3 million (2.9% of AUM)
- NYSE:WPM: $12.7 million (2.8% of AUM)
- NYSEMKT:IVV: $12.3 million (2.7% of AUM)
On Monday afternoon, ATS Corporation stock was trading at $26.09 a share. Over the last year, the stock has fallen by 13%, while the S&P 500 has increased by 13%.
Company Overview
| Metric | Value |
|---|---|
| Revenue (TTM) | $2.6 billion |
| Net Income (TTM) | ($39.2 million) |
| Market Capitalization | $2.5 billion |
| Price (as of Monday afternoon) | $26.09 |
Company Snapshot
- ATS provides automation solutions, including planning, design, build, commissioning, and servicing of automated manufacturing and assembly systems, as well as software and digital factory management tools.
- It generates revenue through turnkey automation projects, pre- and post-automation services, contract manufacturing, and value-added engineering and integration services across multiple industries.
- The company serves clients in life sciences, transportation, consumer products, food and beverage, electronics, nuclear, packaging, warehousing, distribution, and energy sectors worldwide.
As someone who follows these companies closely, I’ve been watching ATS Corporation for a while now. They essentially help manufacturers automate their processes – everything from design to full implementation – across a huge variety of industries globally. What really sets them apart is their commitment to staying on the cutting edge with engineering and digital tech. They don’t just install systems; they aim to improve how their clients operate, making things more efficient and sustainable in the long run.
Foolish Take
Louisbourg Investments recently bought $3.3 million worth of ATS Corporation stock (113,773 shares), indicating increased optimism about the Canadian automation company, even though its stock has had a challenging year. This investment makes up about 1.2% of Louisbourg’s overall portfolio – a smaller portion than its major investments in companies like Canadian National Railway and Shopify, but it does add some variety by including an industrial company alongside its mostly tech-focused holdings.
ATS shares have decreased roughly 13% in the last year due to financial pressures and changes in leadership. While the company recently reported a 6% increase in revenue ($736.7 million) thanks to acquisitions and strong demand in the life sciences and food industries, its net income fell from $35 million to $24 million. Its profit margin also decreased slightly. However, ATS currently has $2.1 billion in orders, suggesting continued strong demand.
Louisbourg’s investment likely reflects a belief in the long-term potential of automation as manufacturers focus on improving efficiency and bringing production closer to home. Unlike its larger tech investments, ATS offers a different type of growth that’s linked to the industrial sector and innovative technologies.
Glossary
Here are definitions of key terms:
13F Reportable AUM: The amount of money a fund reports it manages, as disclosed in quarterly filings with the Securities and Exchange Commission (SEC).
AUM (Assets Under Management): The total value of all investments a fund or company manages for its clients.
Turnkey Automation Projects: Complete automation systems delivered ready to use immediately.
Contract Manufacturing: Having another company produce products for you.
Value-Added Engineering: Engineering work that improves a product’s features, efficiency, or performance.
Integration Services: Combining different systems or parts to work together seamlessly.
Commissioning: Testing and confirming that new equipment or systems work correctly before they are fully used.
Digital Factory Management Tools: Software used to monitor, control, and improve manufacturing processes digitally.
TTM (Trailing Twelve Months): The previous 12-month period, ending with the latest quarterly report.
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2025-10-13 20:57