Advanced Drainage Systems, Inc. $WMS Stock Holdings Reduced by William Blair Investment Management LLC

William Blair Investment Management LLC lowered its position in Advanced Drainage Systems, Inc. (NYSE:WMS) by 16.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 688,047 shares of the construction company’s stock after selling 132,156 shares during the quarter. William Blair Investment Management LLC’s holdings in Advanced Drainage Systems were worth $99,650,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Bridges Investment Management Inc. lifted its position in shares of Advanced Drainage Systems by 32.9% in the third quarter. Bridges Investment Management Inc. now owns 28,122 shares of the construction company’s stock worth $3,901,000 after buying an additional 6,960 shares during the last quarter. Pier Capital LLC lifted its position in shares of Advanced Drainage Systems by 69,891.7% in the fourth quarter. Pier Capital LLC now owns 50,394 shares of the construction company’s stock worth $7,299,000 after buying an additional 50,322 shares during the last quarter. Mediolanum International Funds Ltd acquired a new stake in shares of Advanced Drainage Systems in the third quarter worth about $24,314,000. Essex Investment Management Co. LLC lifted its position in shares of Advanced Drainage Systems by 345.7% in the third quarter. Essex Investment Management Co. LLC now owns 42,898 shares of the construction company’s stock worth $5,950,000 after buying an additional 33,274 shares during the last quarter. Finally, J. Safra Sarasin Holding AG lifted its position in shares of Advanced Drainage Systems by 85.9% in the third quarter. J. Safra Sarasin Holding AG now owns 135,912 shares of the construction company’s stock worth $18,851,000 after buying an additional 62,809 shares during the last quarter. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Trending Headlines about Advanced Drainage Systems

Here are the key news stories impacting Advanced Drainage Systems this week:

• Positive Sentiment: WMS beat fourth-quarter expectations with EPS of $1.07 versus $0.98 expected, and revenue of $676.8 million topped estimates of $651.9 million. Revenue rose 9.9% year over year, showing continued operating momentum. Advanced Drainage Systems earnings report
• Positive Sentiment: The company raised its quarterly dividend to $0.20 per share, an 11% increase, signaling confidence in cash flow and shareholder returns. Dividend increase announcement
• Positive Sentiment: Management outlined FY2027 revenue guidance of roughly $3.35 billion to $3.55 billion and adjusted EBITDA of $1.0 billion to $1.5 billion, which suggests continued growth after the NDS integration. FY2027 outlook article
• Neutral Sentiment: Analysts and commentators noted that the shares may be looking more attractive on valuation after the post-earnings pullback, but this is more of a potential setup than an immediate catalyst. Valuation after earnings beat
• Negative Sentiment: Despite the beat, coverage highlighted a cautious demand outlook, which appears to be limiting investor enthusiasm and contributing to the stock’s decline. Cautious demand outlook article

Advanced Drainage Systems Price Performance

NYSE WMS opened at $132.97 on Friday. Advanced Drainage Systems, Inc. has a twelve month low of $105.14 and a twelve month high of $179.32. The company has a debt-to-equity ratio of 0.92, a quick ratio of 3.08 and a current ratio of 2.42. The stock has a market capitalization of $10.36 billion, a PE ratio of 24.44, a P/E/G ratio of 1.39 and a beta of 1.33. The stock has a 50-day simple moving average of $142.21 and a 200 day simple moving average of $150.06.

Advanced Drainage Systems (NYSE:WMS) last posted its quarterly earnings data on Thursday, May 21st. The construction company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.12. Advanced Drainage Systems had a return on equity of 26.63% and a net margin of 13.98%.The business had revenue of $676.76 million during the quarter, compared to analysts’ expectations of $651.92 million. During the same quarter in the previous year, the firm earned $1.03 EPS. The firm’s revenue was up 9.9% compared to the same quarter last year. Research analysts anticipate that Advanced Drainage Systems, Inc. will post 6.86 EPS for the current year.

Advanced Drainage Systems Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a $0.20 dividend. This is a positive change from Advanced Drainage Systems’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.80 annualized dividend and a yield of 0.6%. Advanced Drainage Systems’s payout ratio is currently 13.24%.

Analyst Ratings Changes

A number of analysts have weighed in on WMS shares. Robert W. Baird set a $205.00 price target on Advanced Drainage Systems in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Advanced Drainage Systems in a research report on Monday, April 20th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $168.00 price target on shares of Advanced Drainage Systems in a research report on Friday. Barclays reduced their price target on Advanced Drainage Systems from $198.00 to $181.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Finally, Oppenheimer reissued an “outperform” rating and set a $195.00 price objective (down from $200.00) on shares of Advanced Drainage Systems in a research report on Friday, April 17th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Advanced Drainage Systems presently has an average rating of “Moderate Buy” and a consensus target price of $189.83.

Advanced Drainage Systems Profile

Advanced Drainage Systems, Inc (NYSE: WMS) is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.

The company’s product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.