Advanced Drainage Systems, Inc. $WMS Shares Sold by Swedbank AB

Swedbank AB trimmed its holdings in Advanced Drainage Systems, Inc. (NYSE:WMS) by 41.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 210,800 shares of the construction company’s stock after selling 150,430 shares during the period. Swedbank AB’s holdings in Advanced Drainage Systems were worth $30,530,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Advanced Drainage Systems by 352.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 226 shares of the construction company’s stock valued at $26,000 after purchasing an additional 176 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Advanced Drainage Systems during the 3rd quarter valued at approximately $33,000. Cullen Frost Bankers Inc. raised its position in shares of Advanced Drainage Systems by 1,242.1% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 255 shares of the construction company’s stock valued at $35,000 after acquiring an additional 236 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Advanced Drainage Systems during the 3rd quarter valued at approximately $36,000. Finally, Larson Financial Group LLC raised its position in shares of Advanced Drainage Systems by 24.4% during the 4th quarter. Larson Financial Group LLC now owns 377 shares of the construction company’s stock valued at $55,000 after acquiring an additional 74 shares in the last quarter. 89.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. KeyCorp dropped their target price on Advanced Drainage Systems from $198.00 to $185.00 and set an “overweight” rating on the stock in a research report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Advanced Drainage Systems in a research report on Monday, April 20th. Robert W. Baird set a $205.00 target price on Advanced Drainage Systems in a research report on Friday, February 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $168.00 target price on shares of Advanced Drainage Systems in a research report on Friday. Finally, UBS Group dropped their target price on Advanced Drainage Systems from $215.00 to $205.00 and set a “buy” rating on the stock in a research report on Friday. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Advanced Drainage Systems has an average rating of “Moderate Buy” and a consensus target price of $189.83.

Advanced Drainage Systems News Summary

Here are the key news stories impacting Advanced Drainage Systems this week:

• Positive Sentiment: WMS beat fourth-quarter expectations with EPS of $1.07 versus $0.98 expected, and revenue of $676.8 million topped estimates of $651.9 million. Revenue rose 9.9% year over year, showing continued operating momentum. Advanced Drainage Systems earnings report
• Positive Sentiment: The company raised its quarterly dividend to $0.20 per share, an 11% increase, signaling confidence in cash flow and shareholder returns. Dividend increase announcement
• Positive Sentiment: Management outlined FY2027 revenue guidance of roughly $3.35 billion to $3.55 billion and adjusted EBITDA of $1.0 billion to $1.5 billion, which suggests continued growth after the NDS integration. FY2027 outlook article
• Neutral Sentiment: Analysts and commentators noted that the shares may be looking more attractive on valuation after the post-earnings pullback, but this is more of a potential setup than an immediate catalyst. Valuation after earnings beat
• Negative Sentiment: Despite the beat, coverage highlighted a cautious demand outlook, which appears to be limiting investor enthusiasm and contributing to the stock’s decline. Cautious demand outlook article

Advanced Drainage Systems Trading Down 0.0%

NYSE:WMS opened at $132.97 on Monday. Advanced Drainage Systems, Inc. has a 1 year low of $105.14 and a 1 year high of $179.32. The stock has a market cap of $10.36 billion, a price-to-earnings ratio of 24.44, a PEG ratio of 1.39 and a beta of 1.33. The business has a fifty day moving average of $142.21 and a 200-day moving average of $150.15. The company has a debt-to-equity ratio of 0.92, a quick ratio of 3.08 and a current ratio of 2.42.

Advanced Drainage Systems (NYSE:WMS) last released its quarterly earnings results on Thursday, May 21st. The construction company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.12. Advanced Drainage Systems had a return on equity of 26.63% and a net margin of 13.98%.The company had revenue of $676.76 million during the quarter, compared to analysts’ expectations of $651.92 million. During the same quarter in the prior year, the business posted $1.03 earnings per share. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. Equities analysts predict that Advanced Drainage Systems, Inc. will post 6.86 earnings per share for the current year.

Advanced Drainage Systems Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.20 dividend. The ex-dividend date of this dividend is Monday, June 1st. This is a positive change from Advanced Drainage Systems’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 0.6%. Advanced Drainage Systems’s dividend payout ratio (DPR) is currently 13.24%.

About Advanced Drainage Systems

Advanced Drainage Systems, Inc (NYSE: WMS) is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.

The company’s product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.