Astec Industries (ASTE) to Release Earnings on Wednesday

Key Points

• Astec will report Q1 2026 results before the open on Wednesday, May 6; analysts expect $0.88 EPS and $393.24 million in revenue, with a conference call at 8:30 AM ET.
• The company declared a quarterly dividend of $0.13 per share (annualized $0.52, yield 0.9%), with an ex-dividend date of May 13 and payment on May 29.
• Shares are trading higher (up ~3.2%), the stock has a market cap of about $1.39B and a P/E of 36.1, and analysts have a consensus rating of "Strong Buy" after multiple recent upgrades; institutional ownership is roughly 93%.

Astec Industries (NASDAQ:ASTE - Get Free Report) is expected to release its Q1 2026 results before the market opens on Wednesday, May 6th. Analysts expect Astec Industries to post earnings of $0.88 per share and revenue of $393.24 million for the quarter. Interested persons can find conference call details on the company's upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 8:30 AM ET.

Astec Industries (NASDAQ:ASTE - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The industrial products company reported $1.06 EPS for the quarter, topping the consensus estimate of $0.74 by $0.32. Astec Industries had a net margin of 2.75% and a return on equity of 11.35%. The company had revenue of $400.60 million during the quarter, compared to analysts' expectations of $374.21 million. On average, analysts expect Astec Industries to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Astec Industries Trading Up 3.2%

NASDAQ ASTE opened at $60.65 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 2.49 and a debt-to-equity ratio of 0.47. Astec Industries has a 52 week low of $35.54 and a 52 week high of $64.37. The stock has a market capitalization of $1.39 billion, a PE ratio of 36.10, a price-to-earnings-growth ratio of 2.22 and a beta of 1.39. The firm has a 50 day moving average of $57.24 and a two-hundred day moving average of $50.86.

Astec Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, May 13th. Astec Industries's payout ratio is 30.95%.

Insider Buying and Selling

In related news, insider Edward Terrell Gilbert, Jr. sold 975 shares of Astec Industries stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $61.07, for a total transaction of $59,543.25. Following the sale, the insider directly owned 8,828 shares in the company, valued at $539,125.96. This trade represents a 9.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.99% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Astec Industries

Several hedge funds and other institutional investors have recently bought and sold shares of ASTE. Royal Bank of Canada raised its stake in Astec Industries by 15.6% during the 1st quarter. Royal Bank of Canada now owns 65,654 shares of the industrial products company's stock worth $2,262,000 after acquiring an additional 8,847 shares in the last quarter. AQR Capital Management LLC acquired a new stake in Astec Industries during the 1st quarter worth $1,526,000. Millennium Management LLC raised its stake in Astec Industries by 188.2% during the 1st quarter. Millennium Management LLC now owns 148,351 shares of the industrial products company's stock worth $5,111,000 after acquiring an additional 96,883 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Astec Industries by 2.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,577 shares of the industrial products company's stock worth $2,259,000 after acquiring an additional 1,358 shares in the last quarter. Finally, Jane Street Group LLC raised its position in Astec Industries by 2.9% in the 1st quarter. Jane Street Group LLC now owns 46,566 shares of the industrial products company's stock valued at $1,604,000 after purchasing an additional 1,305 shares during the last quarter. 93.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on ASTE. Zacks Research upgraded shares of Astec Industries from a "hold" rating to a "strong-buy" rating in a report on Friday, February 27th. Longbow Research upgraded shares of Astec Industries to a "strong-buy" rating in a report on Monday, March 16th. Freedom Capital upgraded shares of Astec Industries to a "strong-buy" rating in a report on Wednesday, April 1st. Finally, Wall Street Zen upgraded shares of Astec Industries from a "buy" rating to a "strong-buy" rating in a report on Saturday, April 11th. Three investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Strong Buy".

Astec Industries Company Profile

Astec Industries, Inc is a designer and manufacturer of specialized equipment for infrastructure-related markets. Headquartered in Chattanooga, Tennessee, the company develops, engineers and produces machinery for asphalt road-building, aggregate processing, concrete production, underground mining, landscaping and utility installation. Astec's product portfolio includes asphalt plants, portable crushers, conveyors, screening plants, mixers, continuous miners and related support equipment.

Organized into multiple operating segments—Roadbuilding; Aggregate & Mining; Energy; and Pavement Preservation & Maintenance—Astec Industries serves contractors and municipalities that build and maintain transportation, energy and utility networks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.