Universal Beteiligungs und Servicegesellschaft mbH Decreases Stake in Advanced Drainage Systems, Inc. $WMS

Universal Beteiligungs und Servicegesellschaft mbH reduced its position in shares of Advanced Drainage Systems, Inc. (NYSE:WMS) by 70.6% in the second quarter, Holdings Channel reports. The fund owned 20,802 shares of the construction company’s stock after selling 49,834 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Advanced Drainage Systems were worth $2,389,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of WMS. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Advanced Drainage Systems by 50.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,114,224 shares of the construction company’s stock valued at $338,360,000 after purchasing an additional 1,049,697 shares during the last quarter. Amundi grew its position in Advanced Drainage Systems by 38.2% in the 1st quarter. Amundi now owns 1,181,199 shares of the construction company’s stock valued at $127,223,000 after acquiring an additional 326,435 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Advanced Drainage Systems by 27.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,031,682 shares of the construction company’s stock worth $112,090,000 after buying an additional 224,015 shares during the period. Vanguard Group Inc. increased its position in shares of Advanced Drainage Systems by 2.8% during the first quarter. Vanguard Group Inc. now owns 7,537,094 shares of the construction company’s stock worth $818,905,000 after acquiring an additional 204,826 shares during the period. Finally, PGGM Investments increased its position in shares of Advanced Drainage Systems by 88.8% during the second quarter. PGGM Investments now owns 388,484 shares of the construction company’s stock worth $44,621,000 after acquiring an additional 182,665 shares during the period. Institutional investors own 89.83% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on WMS. Royal Bank Of Canada increased their price target on Advanced Drainage Systems from $158.00 to $168.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Robert W. Baird set a $166.00 price objective on shares of Advanced Drainage Systems in a research note on Friday, August 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Advanced Drainage Systems in a research report on Wednesday, October 8th. UBS Group restated a “buy” rating and issued a $167.00 price target (up previously from $146.00) on shares of Advanced Drainage Systems in a report on Friday, August 8th. Finally, Barclays increased their price objective on shares of Advanced Drainage Systems from $160.00 to $176.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $156.56.

Advanced Drainage Systems Stock Performance

WMS stock opened at $147.45 on Tuesday. Advanced Drainage Systems, Inc. has a one year low of $93.92 and a one year high of $153.25. The firm has a market cap of $11.47 billion, a price-to-earnings ratio of 26.62, a PEG ratio of 1.88 and a beta of 1.33. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.25 and a current ratio of 3.22. The firm has a 50-day simple moving average of $141.77 and a two-hundred day simple moving average of $130.03.

Advanced Drainage Systems (NYSE:WMS) last posted its quarterly earnings data on Thursday, November 6th. The construction company reported $1.97 EPS for the quarter, topping the consensus estimate of $1.70 by $0.27. The firm had revenue of $850.38 million during the quarter, compared to analyst estimates of $802.49 million. Advanced Drainage Systems had a net margin of 14.82% and a return on equity of 29.57%. Advanced Drainage Systems’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.70 EPS. Advanced Drainage Systems has set its FY 2026 guidance at EPS. On average, equities analysts forecast that Advanced Drainage Systems, Inc. will post 6.1 EPS for the current fiscal year.

Advanced Drainage Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a $0.18 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.5%. Advanced Drainage Systems’s dividend payout ratio (DPR) is presently 12.29%.

Insider Buying and Selling

In other Advanced Drainage Systems news, EVP Thomas J. Sr. Waun sold 1,272 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $148.30, for a total value of $188,637.60. Following the completion of the sale, the executive vice president owned 797 shares of the company’s stock, valued at approximately $118,195.10. This trade represents a 61.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider D. Scott Barbour sold 80,030 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $148.95, for a total transaction of $11,920,468.50. Following the sale, the insider directly owned 42,867 shares in the company, valued at approximately $6,385,039.65. This represents a 65.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 87,203 shares of company stock worth $12,990,384 in the last ninety days. 1.63% of the stock is owned by insiders.

Advanced Drainage Systems Company 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.