Verus Capital Partners LLC Makes New Investment in Advanced Drainage Systems, Inc. $WMS

Verus Capital Partners LLC bought a new stake in Advanced Drainage Systems, Inc. (NYSE:WMS) during the 3rd quarter, HoldingsChannel reports. The fund bought 7,312 shares of the construction company’s stock, valued at approximately $927,000.

Several other institutional investors have also recently made changes to their positions in the company. Parallel Advisors LLC grew its holdings in Advanced Drainage Systems by 19.9% during the 3rd quarter. Parallel Advisors LLC now owns 1,135 shares of the construction company’s stock valued at $144,000 after purchasing an additional 188 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of Advanced Drainage Systems by 37.9% in the third quarter. Ashton Thomas Private Wealth LLC now owns 1,833 shares of the construction company’s stock worth $232,000 after buying an additional 504 shares during the period. Heritage Family Offices LLP bought a new position in Advanced Drainage Systems in the 3rd quarter valued at $53,000. Kestra Private Wealth Services LLC grew its position in Advanced Drainage Systems by 3.6% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 3,532 shares of the construction company’s stock valued at $448,000 after acquiring an additional 124 shares during the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in Advanced Drainage Systems by 3.6% in the third quarter. Chicago Partners Investment Group LLC now owns 2,361 shares of the construction company’s stock worth $308,000 after purchasing an additional 83 shares during the period. Institutional investors own 89.83% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on WMS shares. UBS Group upped their price target on shares of Advanced Drainage Systems from $205.00 to $207.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Barclays decreased their price target on shares of Advanced Drainage Systems from $191.00 to $183.00 and set an “overweight” rating for the company in a research note on Friday. Royal Bank Of Canada reduced their price objective on Advanced Drainage Systems from $170.00 to $163.00 and set an “outperform” rating on the stock in a report on Friday. Oppenheimer reaffirmed an “outperform” rating and set a $180.00 target price (down from $185.00) on shares of Advanced Drainage Systems in a research report on Friday. Finally, Weiss Ratings reaffirmed 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 stock. Based on data from MarketBeat, Advanced Drainage Systems has a consensus rating of “Moderate Buy” and a consensus target price of $184.40.

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

Advanced Drainage Systems Trading Down 0.2%

Shares of Advanced Drainage Systems stock opened at $124.11 on Monday. The firm’s 50 day simple moving average is $130.03 and its two-hundred day simple moving average is $143.09. The firm has a market capitalization of $9.36 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 1.44 and a beta of 1.30. Advanced Drainage Systems, Inc. has a 12-month low of $119.53 and a 12-month high of $179.32. The company has a current ratio of 2.13, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97.

Advanced Drainage Systems (NYSE:WMS) last released its earnings results on Thursday, November 5th. The construction company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.07. The firm had revenue of $889.41 million for the quarter, compared to the consensus estimate of $921.79 million. Advanced Drainage Systems had a return on equity of 27.88% and a net margin of 12.44%. The firm’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.97 EPS. Analysts predict that Advanced Drainage Systems, Inc. will post 6.52 EPS for the current year.

Advanced Drainage Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, December 1st. Advanced Drainage Systems’s dividend payout ratio is presently 15.21%.

Advanced Drainage Systems Profile

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.