Advanced Drainage Systems (WMS) Projected to Post Earnings on Thursday

Advanced Drainage Systems (NYSE:WMS) is anticipated to release its Q3 2026 results before the market opens on Thursday, February 5th. Analysts expect Advanced Drainage Systems to post earnings of $1.11 per share and revenue of $686.3740 million for the quarter. Interested persons can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Thursday, February 5, 2026 at 10:00 AM ET.

Advanced Drainage Systems (NYSE:WMS) last released its earnings results on Thursday, November 6th. The construction company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.70 by $0.27. Advanced Drainage Systems had a return on equity of 28.85% and a net margin of 15.35%.The business had revenue of $850.38 million for the quarter, compared to the consensus estimate of $802.49 million. During the same quarter in the previous year, the business earned $1.70 earnings per share. Advanced Drainage Systems’s quarterly revenue was up 8.7% on a year-over-year basis. On average, analysts expect Advanced Drainage Systems to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Advanced Drainage Systems Stock Performance

Shares of NYSE WMS opened at $151.94 on Thursday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.60 and a current ratio of 3.48. The stock has a 50 day moving average price of $151.08 and a 200 day moving average price of $141.63. The stock has a market capitalization of $11.81 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 1.99 and a beta of 1.33. Advanced Drainage Systems has a 52 week low of $93.92 and a 52 week high of $160.85.

Advanced Drainage Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a $0.18 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.72 annualized dividend and a dividend yield of 0.5%. Advanced Drainage Systems’s dividend payout ratio (DPR) is currently 12.29%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Barclays increased their price target on shares of Advanced Drainage Systems from $181.00 to $187.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. KeyCorp increased their price objective on shares of Advanced Drainage Systems from $170.00 to $180.00 and gave the company an “overweight” rating in a research report on Monday. Oppenheimer boosted their price objective on Advanced Drainage Systems from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. UBS Group increased their price objective on Advanced Drainage Systems from $183.00 to $197.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $176.00 price target on shares of Advanced Drainage Systems in a research note on Thursday, January 15th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $165.33.

Insider Activity

In other news, insider Tim A. Makowski sold 4,901 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $149.21, for a total value of $731,278.21. Following the completion of the transaction, the insider directly owned 2,467 shares in the company, valued at approximately $368,101.07. The trade was a 66.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Thomas J. Sr. Waun sold 1,272 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $148.30, for a total transaction of $188,637.60. Following the transaction, the executive vice president owned 797 shares of the company’s stock, valued at approximately $118,195.10. This represents a 61.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 97,772 shares of company stock valued at $14,605,539 over the last quarter. 1.63% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Advanced Drainage Systems

Institutional investors have recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV boosted its position in Advanced Drainage Systems by 2.6% in the third quarter. Mercer Global Advisors Inc. ADV now owns 4,599 shares of the construction company’s stock valued at $638,000 after buying an additional 115 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Advanced Drainage Systems by 352.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 226 shares of the construction company’s stock valued at $26,000 after acquiring an additional 176 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Advanced Drainage Systems by 0.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 22,784 shares of the construction company’s stock valued at $3,160,000 after acquiring an additional 202 shares in the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of Advanced Drainage Systems by 5.5% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 4,261 shares of the construction company’s stock valued at $591,000 after acquiring an additional 221 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Advanced Drainage Systems during the 3rd quarter worth $36,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

About Advanced Drainage Systems

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.