Valeo Financial Advisors LLC Has $606,000 Stock Holdings in Advanced Drainage Systems, Inc. $WMS

Key Points

• Valeo Financial Advisors LLC significantly increased its stake in Advanced Drainage Systems, owning 5,275 shares valued at $606,000 after a purchase boost of 134.8% in Q2.
• Advanced Drainage Systems' recent quarterly earnings report showed EPS of $1.95, exceeding expectations, alongside a revenue increase to $829.88 million.
• The stock has received a consensus rating of "Moderate Buy" with a target price of $152.56, reflecting optimism among analysts.

Valeo Financial Advisors LLC lifted its position in shares of Advanced Drainage Systems, Inc. (NYSE:WMS - Free Report) by 134.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,275 shares of the construction company's stock after purchasing an additional 3,028 shares during the period. Valeo Financial Advisors LLC's holdings in Advanced Drainage Systems were worth $606,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. NBC Securities Inc. bought a new stake in shares of Advanced Drainage Systems during the 1st quarter worth about $26,000. UMB Bank n.a. boosted its holdings in shares of Advanced Drainage Systems by 100.4% during the 1st quarter. UMB Bank n.a. now owns 1,565 shares of the construction company's stock worth $170,000 after buying an additional 784 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Advanced Drainage Systems by 167.1% during the 1st quarter. GAMMA Investing LLC now owns 812 shares of the construction company's stock worth $88,000 after buying an additional 508 shares during the period. SG Americas Securities LLC bought a new stake in shares of Advanced Drainage Systems during the 1st quarter worth about $2,314,000. Finally, Focus Financial Network Inc. boosted its holdings in shares of Advanced Drainage Systems by 12.7% during the 1st quarter. Focus Financial Network Inc. now owns 3,283 shares of the construction company's stock worth $357,000 after buying an additional 369 shares during the period. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on WMS. Robert W. Baird set a $166.00 target price on shares of Advanced Drainage Systems in a report on Friday, August 8th. 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 lifted their target price 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. Weiss Ratings reissued a "hold (c)" rating on shares of Advanced Drainage Systems in a report on Wednesday. Finally, Royal Bank Of Canada initiated coverage on shares of Advanced Drainage Systems in a report on Monday, August 11th. They issued an "outperform" rating and a $159.00 price objective for the company. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $152.56.

Advanced Drainage Systems Price Performance

Shares of NYSE:WMS opened at $140.91 on Thursday. The firm has a 50 day moving average of $138.91 and a 200-day moving average of $121.79. The stock has a market capitalization of $10.96 billion, a PE ratio of 25.44, a PEG ratio of 1.86 and a beta of 1.32. Advanced Drainage Systems, Inc. has a 12 month low of $93.92 and a 12 month high of $166.03. 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 (NYSE:WMS - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The construction company reported $1.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.78 by $0.17. The business had revenue of $829.88 million during the quarter, compared to analysts' expectations of $800.54 million. Advanced Drainage Systems had a net margin of 14.82% and a return on equity of 29.57%. The firm's quarterly revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.06 EPS. Advanced Drainage Systems has set its FY 2026 guidance at EPS. On average, equities research analysts predict that Advanced Drainage Systems, Inc. will post 6.1 EPS for the current fiscal year.

Advanced Drainage Systems Dividend Announcement

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

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