Advanced Drainage Systems, Inc. $WMS Stock Holdings Lifted by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lifted its stake in Advanced Drainage Systems, Inc. (NYSE:WMS) by 33.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,505,017 shares of the construction company’s stock after buying an additional 377,043 shares during the period. Pictet Asset Management Holding SA’s holdings in Advanced Drainage Systems were worth $190,712,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Advanced Drainage Systems in the second quarter valued at about $1,172,482,000. Amundi raised its holdings in shares of Advanced Drainage Systems by 5.1% during the 2nd quarter. Amundi now owns 1,354,610 shares of the construction company’s stock valued at $212,681,000 after buying an additional 65,938 shares during the period. KBC Group NV lifted its position in Advanced Drainage Systems by 1.7% during the 1st quarter. KBC Group NV now owns 916,981 shares of the construction company’s stock worth $125,746,000 after acquiring an additional 14,915 shares in the last quarter. Bamco Inc. NY acquired a new position in Advanced Drainage Systems during the 2nd quarter worth approximately $106,800,000. Finally, Bank of New York Mellon Corp lifted its position in Advanced Drainage Systems by 5.9% during the 1st quarter. Bank of New York Mellon Corp now owns 519,242 shares of the construction company’s stock worth $71,204,000 after acquiring an additional 29,037 shares in the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

Advanced Drainage Systems Stock Down 0.2%

Shares of Advanced Drainage Systems stock opened at $124.11 on Monday. The business has a 50-day moving average of $130.03 and a 200-day moving average of $143.09. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.13 and a quick ratio of 1.12. The company has a market capitalization of $9.36 billion, a PE ratio of 23.60, a P/E/G ratio of 1.44 and a beta of 1.30. Advanced Drainage Systems, Inc. has a 1-year low of $119.53 and a 1-year high of $179.32.

Advanced Drainage Systems (NYSE:WMS) last announced its earnings results on Thursday, November 5th. The construction company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.07. Advanced Drainage Systems had a return on equity of 27.88% and a net margin of 12.44%. The business had revenue of $889.41 million for the quarter, compared to analyst estimates of $921.79 million. During the same period in the previous year, the company earned $1.97 earnings per share. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. As a group, equities analysts forecast that Advanced Drainage Systems, Inc. will post 6.52 EPS for the current fiscal year.

Advanced Drainage Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, December 1st. Advanced Drainage Systems’s dividend payout ratio (DPR) is 15.21%.

Advanced Drainage Systems News Roundup

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

• Positive Sentiment: ADS declared a quarterly dividend of $0.20 per share, payable December 15, with a December 1 ex-dividend date. The annualized payout is $0.80 per share, a 0.6% yield.
• Neutral Sentiment: Royal Bank of Canada, Oppenheimer and Barclays lowered their price targets to $163, $180 and $183, respectively, but maintained “outperform” or “overweight” ratings. The revised targets still imply substantial upside from the cited $124.11 share price. Royal Bank of Canada rating information Oppenheimer rating information Barclays rating information
• Negative Sentiment: Fiscal Q2 2027 revenue of $889.4 million fell short of the roughly $921.8 million estimate. EPS was $1.88—above one consensus estimate of $1.81, but below Zacks’ $1.89 estimate—and down from $1.97 a year earlier. Reports also cited a cut to guidance, contributing to the sharp post-results decline in shares. Second-quarter results announcement Earnings coverage

Analysts Set New Price Targets

A number of equities analysts have weighed in on WMS shares. Oppenheimer restated an “outperform” rating and issued a $180.00 price target (down from $185.00) on shares of Advanced Drainage Systems in a report on Friday. Stephens reiterated an “overweight” rating and set a $175.00 price objective on shares of Advanced Drainage Systems in a research note on Monday, September 21st. Barclays reduced their target price on shares of Advanced Drainage Systems from $191.00 to $183.00 and set an “overweight” rating on the stock in a research report on Friday. Robert W. Baird set a $206.00 target price on shares of Advanced Drainage Systems in a research note on Friday, August 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Advanced Drainage Systems in a research note on Thursday, October 15th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $184.40.

About Advanced Drainage Systems

Advanced Drainage Systems, Inc (NYSE: WMS) manufactures water-management products for infrastructure, construction, agriculture and residential markets. Its offerings include thermoplastic corrugated pipe and related products used to manage stormwater, drainage and wastewater.

The company also provides stormwater storage, treatment and infiltration systems, as well as products for onsite wastewater and septic systems through its Infiltrator Water Technologies business. Its portfolio includes solutions for projects ranging from roadways and commercial developments to residential wastewater applications.

Founded in 1966 and headquartered in Hilliard, Ohio, Advanced Drainage Systems serves customers across North America and in international markets.