Liontrust Investment Partners LLP Trims Stock Position in Advanced Drainage Systems, Inc. $WMS

Key Points

• Liontrust Investment Partners LLP decreased its holdings in Advanced Drainage Systems by 5.8%, owning 698,960 shares valued at approximately $75,942,000.
• Advanced Drainage Systems reported a net margin of 14.82% and beat analysts' EPS estimates for the last quarter, with an earnings per share of $1.95 compared to the expected $1.78.
• The company declared a quarterly dividend of $0.18 per share, which will be paid to stockholders on September 15th, yielding an annualized dividend of $0.72 and a yield of 0.5%.

Liontrust Investment Partners LLP trimmed its position in Advanced Drainage Systems, Inc. (NYSE:WMS - Free Report) by 5.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 698,960 shares of the construction company's stock after selling 43,070 shares during the period. Liontrust Investment Partners LLP owned approximately 0.90% of Advanced Drainage Systems worth $75,942,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Advanced Drainage Systems by 63.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,064,527 shares of the construction company's stock worth $238,659,000 after purchasing an additional 799,569 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Advanced Drainage Systems by 45.8% in the 4th quarter. First Trust Advisors LP now owns 1,732,827 shares of the construction company's stock valued at $200,315,000 after buying an additional 544,109 shares during the period. T. Rowe Price Investment Management Inc. purchased a new stake in shares of Advanced Drainage Systems in the fourth quarter valued at approximately $46,997,000. Impax Asset Management Group plc boosted its stake in shares of Advanced Drainage Systems by 14.8% in the first quarter. Impax Asset Management Group plc now owns 2,904,414 shares of the construction company's stock valued at $314,700,000 after buying an additional 374,414 shares in the last quarter. Finally, Voloridge Investment Management LLC acquired a new position in Advanced Drainage Systems during the fourth quarter worth $42,160,000. Hedge funds and other institutional investors own 89.83% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on WMS. Wall Street Zen raised Advanced Drainage Systems from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. KeyCorp raised their price objective on shares of Advanced Drainage Systems from $140.00 to $159.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Royal Bank Of Canada began coverage on shares of Advanced Drainage Systems in a report on Monday, August 11th. They set an "outperform" rating and a $159.00 price objective on the stock. Oppenheimer reaffirmed an "outperform" rating on shares of Advanced Drainage Systems in a report on Friday, August 8th. Finally, Robert W. Baird set a $166.00 price target on shares of Advanced Drainage Systems in a research report on Friday, August 8th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $152.56.

Advanced Drainage Systems Price Performance

WMS stock traded up $3.1460 on Tuesday, reaching $144.1660. The company had a trading volume of 1,278,676 shares, compared to its average volume of 707,979. Advanced Drainage Systems, Inc. has a 1 year low of $93.92 and a 1 year high of $166.03. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.25 and a current ratio of 3.22. The company's fifty day moving average is $119.45 and its 200 day moving average is $114.90. The company has a market cap of $11.21 billion, a P/E ratio of 26.02, a PEG ratio of 1.85 and a beta of 1.27.

Advanced Drainage Systems (NYSE:WMS - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The construction company reported $1.95 EPS for the quarter, beating analysts' consensus estimates of $1.78 by $0.17. Advanced Drainage Systems had a return on equity of 29.57% and a net margin of 14.82%.The business had revenue of $829.88 million for the quarter, compared to analyst estimates of $800.54 million. During the same quarter last year, the company earned $2.06 earnings per share. The business's revenue for the quarter was up 1.8% compared to the same quarter last year. Advanced Drainage Systems has set its FY 2026 guidance at EPS. On average, research analysts forecast that Advanced Drainage Systems, Inc. will post 6.1 earnings per share for the current year.

Advanced Drainage Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, August 29th. Advanced Drainage Systems's payout ratio is currently 13.00%.

Advanced Drainage Systems Profile

Advanced Drainage Systems, Inc designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in North America and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems; EZflow synthetic aggregate bundles; wastewater purification through mechanical aeration wastewater for residential and commercial systems; septic tanks and accessories; combined treatment and dispersal systems, including advanced enviro-septic and advanced treatment leachfield systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators.