Lbp Am Sa Has $2.60 Million Position in Advanced Drainage Systems, Inc. $WMS

Key Points

• Lbp Am Sa has reduced its holdings in Advanced Drainage Systems by 61.6%, now owning 22,606 shares valued at approximately $2.60 million.
• The company's stock has shown strong performance, with recent earnings surpassing expectations at $1.95 EPS, and a revenue increase of 1.8% year-over-year.
• Advanced Drainage Systems recently announced a quarterly dividend of $0.18 per share, yielding 0.5%, highlighting their 13.00% dividend payout ratio.

Lbp Am Sa lowered its holdings in shares of Advanced Drainage Systems, Inc. (NYSE:WMS - Free Report) by 61.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,606 shares of the construction company's stock after selling 36,331 shares during the period. Lbp Am Sa's holdings in Advanced Drainage Systems were worth $2,597,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of WMS. Two Sigma Investments LP acquired a new stake in shares of Advanced Drainage Systems during the 4th quarter worth about $535,000. GAMMA Investing LLC increased its position in shares of Advanced Drainage Systems by 28,921.1% during the 1st quarter. GAMMA Investing LLC now owns 88,224 shares of the construction company's stock worth $9,586,000 after purchasing an additional 87,920 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of Advanced Drainage Systems during the 1st quarter worth about $26,000. Lifestyle Asset Management Inc. increased its position in shares of Advanced Drainage Systems by 10.7% during the 1st quarter. Lifestyle Asset Management Inc. now owns 8,212 shares of the construction company's stock worth $892,000 after purchasing an additional 795 shares in the last quarter. Finally, Vest Financial LLC increased its position in shares of Advanced Drainage Systems by 12.7% during the 1st quarter. Vest Financial LLC now owns 23,632 shares of the construction company's stock worth $2,568,000 after purchasing an additional 2,664 shares in the last quarter. Institutional investors and hedge funds own 89.83% of the company's stock.

Advanced Drainage Systems Stock Performance

Advanced Drainage Systems stock opened at $142.52 on Friday. The company has a current ratio of 3.22, a quick ratio of 2.25 and a debt-to-equity ratio of 0.82. Advanced Drainage Systems, Inc. has a 1 year low of $93.92 and a 1 year high of $166.03. The company has a market cap of $11.08 billion, a PE ratio of 25.72, a PEG ratio of 1.89 and a beta of 1.32. The company's 50-day moving average is $137.11 and its two-hundred day moving average is $120.94.

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

Advanced Drainage Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a dividend of $0.18 per share. The ex-dividend date was Friday, August 29th. This represents a $0.72 dividend on an annualized basis and a yield of 0.5%. Advanced Drainage Systems's dividend payout ratio is presently 13.00%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Royal Bank Of Canada assumed coverage on shares of Advanced Drainage Systems in a research report on Monday, August 11th. They set an "outperform" rating and a $159.00 target price for the company. Oppenheimer reiterated an "outperform" rating on shares of Advanced Drainage Systems in a research report on Friday, August 8th. Wall Street Zen upgraded shares of Advanced Drainage Systems from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. KeyCorp upped their price target on shares of Advanced Drainage Systems from $140.00 to $159.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Finally, UBS Group reiterated a "buy" rating and set a $167.00 price target (up previously from $146.00) on shares of Advanced Drainage Systems in a research report on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $152.56.

Advanced Drainage Systems Company 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.

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