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Berger Montague PC Investigating Claims on Behalf of Investors in Richtech Robotics Inc. (RR) After Class Action Filing
TMX Newsfile· 2026-02-05 00:11
Group 1 - A class action lawsuit has been filed against Richtech Robotics Inc. on behalf of investors who purchased securities during the period from January 27, 2026, to January 29, 2026 [1][2] - Richtech Robotics specializes in the design and manufacture of AI-driven service robots for industries such as hospitality, healthcare, and manufacturing [2] - The lawsuit alleges that Richtech falsely characterized its relationship with Microsoft as a "hands-on collaboration" instead of a standard customer relationship, leading to a significant decline in share value when the truth was revealed [3] Group 2 - Investors who purchased Richtech securities during the class period have until April 3, 2026, to seek appointment as lead plaintiff representative [2] - Berger Montague, the law firm handling the case, is recognized for its expertise in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [5]
4 Industrial Stocks to Buy on Steady Rebound in Manufacturing Activity
ZACKS· 2026-02-03 15:01
Industry Overview - The U.S. manufacturing sector is showing signs of recovery after over three years of struggle, with the ISM Manufacturing PMI rising to 52.6 in January from 47.9 in December, marking the highest reading since 2022 and the first expansion in 12 months [1][3][9] - The New Orders Index increased by 9.7% to 57.1%, the highest level since February 2022, while the Production Index rose to 55.9%, a 5.2% increase from December [4][9] Economic Context - Inflation has eased over the past two quarters, and the Federal Reserve cut interest rates by 75 basis points last year, which has reduced borrowing costs and price pressures, thereby driving demand [5] - The Federal Reserve maintained interest rates in the range of 3.5% to 3.75% at the January meeting, indicating openness to further rate cuts depending on inflation trends [6] Investment Opportunities - Four stocks from the manufacturing sector are highlighted for investment: ATS Corporation, Nordson Corporation, Donaldson Company, Inc., and RBC Bearings Incorporated, all carrying a Zacks Rank 2 (Buy) [2] - ATS Corporation is expected to have an earnings growth of 18.9% for the current year, with a 0.8% improvement in the Zacks Consensus Estimate over the past 60 days [7] - Nordson Corporation anticipates a 9.3% earnings growth for the current year, with a 2.3% increase in the Zacks Consensus Estimate [10][11] - Donaldson Company, Inc. expects a 10.1% earnings growth for the current year, with a 0.7% improvement in the Zacks Consensus Estimate [12] - RBC Bearings Incorporated projects an earnings growth of 18.6% for the current year, with a 0.3% increase in the Zacks Consensus Estimate [13]
ATS Announces CFO Resignation
Businesswire· 2026-01-19 11:59
Company Leadership Changes - Ryan McLeod has resigned from his role as Chief Financial Officer (CFO) effective February 15, 2026, to pursue an opportunity in an unrelated industry [1] - Anne Cybulski, VP and Corporate Controller, will take on the role of interim CFO while a search for a permanent replacement is conducted [2] - Michael Martino, Chairman of the ATS Board of Directors, expressed gratitude for McLeod's nearly 20 years of leadership and contributions to strengthening the company's financial foundation [3] Company Background - ATS Corporation is a leading automation solutions provider serving various industries, including life sciences, transportation, food & beverage, consumer products, and energy [4] - The company was founded in 1978 and employs approximately 7,500 people across more than 65 manufacturing facilities and over 85 offices globally [4] - ATS's common shares are traded on the Toronto Stock Exchange and the NYSE under the symbol ATS [4]
UiPath (NYSE:PATH) Strategic Partnerships and Market Position Drive Growth
Financial Modeling Prep· 2025-12-05 00:10
Core Insights - UiPath is a leading player in the Robotic Process Automation (RPA) market, known for its innovative automation solutions and strategic partnerships with tech giants like Microsoft, Amazon, and Salesforce [1][6] - The company focuses on end-to-end automation and enterprise-grade scalability, streamlining repetitive digital tasks to enhance organizational efficiency [3][6] - UiPath's stock has shown strong performance, rising by 29% over the past three months, despite a price target set at $17 by BMO Capital, indicating a potential downside of approximately -7.73% [2][6] Market Performance - As of the latest trading, UiPath's stock is priced at $18.44, reflecting a significant increase of 24.07% with a change of $3.58 [4][6] - The stock has experienced volatility, with a trading range between a low of $15.75 and a high of $18.52 on the current day, and a yearly range of $9.38 to $18.74 [4] - UiPath has a market capitalization of approximately $9.79 billion and trades at a lower forward price-to-earnings ratio compared to the broader industry [5] Investor Interest - The trading volume for UiPath is 72.23 million shares on the NYSE, indicating strong investor interest in the company's growth potential [5]
Why UiPath Stock Is Soaring in After-Hours Trading
The Motley Fool· 2025-12-03 22:42
This automation company just reported financial results. Was the company's recent performance that good?After climbing 3.9% during regular trading hours, UiPath (PATH +4.20%) stock is ripping higher in after-hours trading. Investors are bidding shares of the robotics processing automation company higher as a result of its reporting strong third-quarter 2026 financial results this afternoon after the bell rang.As of 5:22 p.m. ET, shares of UiPath are up 9.3% from their closing price of $14.86 at 4:00 p.m. A ...
ATS to Participate in the UBS Global Industrials and Transportation Conference
Businesswire· 2025-11-24 22:00
Core Insights - ATS Corporation will participate in the UBS Global Industrials and Transportation Conference on December 03, 2025, with Interim CEO Ryan McLeod and Interim CFO Anne Cybulski attending [1] - The company will also host institutional investor meetings during the conference, which can be arranged through UBS representatives [2] Company Overview - ATS Corporation is a leading automation solutions provider, serving various industries including life sciences, transportation, food & beverage, consumer products, and energy [3] - Founded in 1978, ATS employs approximately 7,500 people across more than 65 manufacturing facilities and over 85 offices globally [3] - The company's shares are traded on both the Toronto Stock Exchange and NYSE under the symbol ATS [3]
ATS to Participate in the Baird 2025 Global Industrial Conference
Businesswire· 2025-10-30 21:00
Core Points - ATS Corporation will participate in the Baird 2025 Global Industrial Conference on November 11, 2025, with Ryan McLeod and Anne Cybulski representing the company [1][2] - The company will host a presentation at 12:35 p.m. (CT) and provide a webcast link for live viewing and replay for 180 days [2] - ATS Corporation is a leading automation solutions provider, serving various industries including life sciences, transportation, food & beverage, consumer products, and energy [3] Company Overview - Founded in 1978, ATS Corporation employs approximately 7,500 people across more than 65 manufacturing facilities and over 85 offices globally [3] - The company's shares are traded on the Toronto Stock Exchange and NYSE under the symbol ATS [3] - ATS specializes in custom automation, repeat automation, automation products, and value-added solutions, addressing complex manufacturing automation needs [3]
RBC Capital Raises Price Target on Emerson Electric (EMR) Ahead of Q3 Earnings
Yahoo Finance· 2025-10-30 02:08
Core Insights - Emerson Electric Co. (NYSE:EMR) is recognized as one of the 13 most undervalued dividend stocks according to Wall Street analysts [1] - RBC Capital has raised its price target for Emerson Electric to $155 from $154, maintaining an Outperform rating ahead of Q3 earnings [3] - The company is noted for its strong dividend track record, with a 67-year history of dividend growth and a current yield of 1.55% [5] Company Overview - Emerson Electric is a technology and software firm that provides automation solutions, engineering services, and software across various industries, including process and hybrid sectors [2] Market Drivers - Long-term drivers such as electrification, reshoring, and growth in datacenter and AI infrastructure are expected to support steady mid-cycle growth and solid earnings visibility [4] - The datacenter sector is highlighted as the strongest area, while municipal water follows, with residential construction, HVAC, and chemicals identified as weaker markets [4] Dividend Information - The company offers a quarterly dividend of $0.5275 per share, contributing to its reputation for a strong dividend growth streak [5]
Lincoln Electric (LECO) 2025 Conference Transcript
2025-09-04 13:52
Summary of Lincoln Electric (LECO) 2025 Conference Call Company Overview - **Company**: Lincoln Electric (LECO) - **Industry**: Welding and Automation - **Event**: 2025 Conference Call held on September 4, 2025 Key Points Current Market Environment - Customers are still deferring capital spending, maintaining a wait-and-see approach due to uncertainty in the market [4][5] - Resilience observed in North American markets and consumables business, indicating stability despite deferrals in automation and standard equipment orders [6][7] - The impact of Section 232 tariffs is being quantified, with a focus on maintaining a price-cost neutral posture [8][10] Business Performance - Heavy industries are operating below mid-cycle levels, with a volume decline of mid-teens compared to 2019, with expectations for growth not anticipated until 2026 [11][12] - Energy sector shows strong domestic and international activity, particularly in oil and gas, with good momentum expected to continue [14][15] - Consumables, which represent 52% of the business, are a key indicator of production levels and customer demand [19] Automation and Growth Strategy - Automation sales have increased significantly, from $400 million in 2020 to nearly $1 billion, with a focus on both organic and inorganic growth strategies [29][30] - The company is exploring acquisitions to diversify its automation business geographically and by end market [31][32] - High quoting activity is noted, but translating quotes into orders remains a challenge [35][36] Margin Performance - Margin performance has exceeded expectations, with automation margins more than doubling since 2020 [38][40] - The company is focused on both temporary and structural cost management strategies to maintain margins [39][56] - Harris segment has outperformed expectations, with EBIT margins improving significantly [50][52] Capital Deployment and Financial Strategy - The company emphasizes growth through internal investments and acquisitions, with a disciplined approach to capital allocation [61][62] - Share repurchases are being executed at the largest dollar amount since 2015, with a focus on maintaining a balance between growth investments and shareholder returns [63][64] - The target leverage ratio is set at 1.75 times EBITDA, with flexibility to increase for strategic acquisitions [66] Future Outlook - The company is optimistic about long-term growth trajectories in capital and production, with a focus on innovation and technology [70] - Key metrics for 2026 and beyond include top-line growth, operating margins, cash generation, and return on invested capital (ROIC) [67][68] Additional Insights - The company is exploring the use of AI for operational efficiency, although it is still in early stages [44][45] - The management's posture is to navigate through cycles while positioning for growth, indicating a strong foundation for future expansion [70] This summary encapsulates the key insights and strategic directions discussed during the Lincoln Electric conference call, highlighting the company's resilience, growth strategies, and focus on maintaining strong margins in a dynamic market environment.