Union Bancaire Privee UBP SA Sells 5,571 Shares of Advanced Drainage Systems, Inc. $WMS

Key Points

• Union Bancaire Privee UBP SA reduced its stake in Advanced Drainage Systems by 17.8%, selling 5,571 shares and leaving it with 25,642 shares valued at approximately $2.97 million.
• A variety of institutional investors, including Vanguard Group and UBS AM, have increased their holdings significantly in Advanced Drainage Systems, highlighting a strong interest in the stock.
• Advanced Drainage Systems reported earnings of $1.95 per share for the last quarter, exceeding estimates, and has provided an FY 2026 earnings guidance of 6.1 per share.

Union Bancaire Privee UBP SA decreased its holdings in shares of Advanced Drainage Systems, Inc. (NYSE:WMS - Free Report) by 17.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,642 shares of the construction company's stock after selling 5,571 shares during the period. Union Bancaire Privee UBP SA's holdings in Advanced Drainage Systems were worth $2,970,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Advanced Drainage Systems by 2.8% during the first quarter. Vanguard Group Inc. now owns 7,537,094 shares of the construction company's stock worth $818,905,000 after purchasing an additional 204,826 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Advanced Drainage Systems by 50.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,114,224 shares of the construction company's stock worth $338,360,000 after purchasing an additional 1,049,697 shares during the period. Impax Asset Management Group plc lifted its stake in Advanced Drainage Systems by 14.8% during the first quarter. Impax Asset Management Group plc now owns 2,904,414 shares of the construction company's stock worth $314,700,000 after purchasing an additional 374,414 shares during the period. Invesco Ltd. lifted its stake in Advanced Drainage Systems by 2.7% during the first quarter. Invesco Ltd. now owns 1,734,537 shares of the construction company's stock worth $188,457,000 after purchasing an additional 45,993 shares during the period. Finally, Amundi lifted its stake in Advanced Drainage Systems by 38.2% during the first quarter. Amundi now owns 1,181,199 shares of the construction company's stock worth $127,223,000 after purchasing an additional 326,435 shares during the period. Institutional investors own 89.83% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on WMS. Robert W. Baird set a $166.00 price target on shares of Advanced Drainage Systems in a research note on Friday, August 8th. Royal Bank Of Canada started 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 for the company. Wall Street Zen raised shares of 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 stock an "overweight" rating in a report on Friday, August 8th. Finally, UBS Group reaffirmed a "buy" rating and set a $167.00 price objective (up previously from $146.00) on shares of Advanced Drainage Systems in a report on Friday, August 8th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $152.56.

Advanced Drainage Systems Stock Performance

Shares of Advanced Drainage Systems stock opened at $138.86 on Wednesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 3.22 and a quick ratio of 2.25. The firm has a market cap of $10.80 billion, a P/E ratio of 25.07, a P/E/G ratio of 1.83 and a beta of 1.26. The firm has a 50 day simple moving average of $136.14 and a 200 day simple moving average of $120.58. Advanced Drainage Systems, Inc. has a fifty-two week low of $93.92 and a fifty-two week high of $166.03.

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

Advanced Drainage Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were paid a $0.18 dividend. The ex-dividend date of this dividend 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 (DPR) is presently 13.00%.

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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