GAMMA Investing LLC Raises Stock Position in Advanced Drainage Systems, Inc. $WMS

GAMMA Investing LLC boosted its position in shares of Advanced Drainage Systems, Inc. (NYSE:WMS) by 38.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,125 shares of the construction company’s stock after acquiring an additional 313 shares during the period. GAMMA Investing LLC’s holdings in Advanced Drainage Systems were worth $129,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. NBC Securities Inc. purchased a new position in Advanced Drainage Systems during the first quarter valued at approximately $26,000. Bessemer Group Inc. lifted its position in Advanced Drainage Systems by 76.2% during the first quarter. Bessemer Group Inc. now owns 266 shares of the construction company’s stock valued at $29,000 after purchasing an additional 115 shares during the last quarter. Parallel Advisors LLC lifted its position in Advanced Drainage Systems by 177.4% during the second quarter. Parallel Advisors LLC now owns 430 shares of the construction company’s stock valued at $49,000 after purchasing an additional 275 shares during the last quarter. Banque Cantonale Vaudoise bought a new stake in Advanced Drainage Systems during the first quarter valued at approximately $66,000. Finally, Signaturefd LLC lifted its position in Advanced Drainage Systems by 110.7% during the first quarter. Signaturefd LLC now owns 670 shares of the construction company’s stock valued at $73,000 after purchasing an additional 352 shares during the last quarter. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Advanced Drainage Systems Trading Up 0.6%

NYSE:WMS opened at $138.86 on Wednesday. The company has a fifty day moving average of $136.14 and a 200 day moving average of $120.58. Advanced Drainage Systems, Inc. has a 52 week low of $93.92 and a 52 week high of $166.03. The company has a quick ratio of 2.25, a current ratio of 3.22 and a debt-to-equity ratio of 0.82. The firm has a market capitalization 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.

Advanced Drainage Systems (NYSE:WMS) last posted its quarterly earnings results 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 net margin of 14.82% and a return on equity of 29.57%. The company had revenue of $829.88 million during the quarter, compared to analyst estimates of $800.54 million. During the same period in the prior year, the business posted $2.06 EPS. The firm’s revenue 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 predict that Advanced Drainage Systems, Inc. will post 6.1 earnings per share for the current year.

Advanced Drainage Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were issued a $0.18 dividend. The ex-dividend date was Friday, August 29th. This represents a $0.72 annualized dividend and a yield of 0.5%. Advanced Drainage Systems’s dividend payout ratio is 13.00%.

Analyst Ratings Changes

Several brokerages have issued reports on WMS. Robert W. Baird set a $166.00 target price on shares of Advanced Drainage Systems in a research report on Friday, August 8th. Barclays lifted their target price on shares of Advanced Drainage Systems from $135.00 to $160.00 and gave the company an “overweight” rating 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 lifted their target price on shares of Advanced Drainage Systems from $140.00 to $159.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Finally, Oppenheimer reiterated an “outperform” rating on shares of Advanced Drainage Systems in a research report on Friday, August 8th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.56.

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.