Sidoti Csr Boosts Earnings Estimates for Astec Industries

Astec Industries, Inc. (NASDAQ:ASTE) – Investment analysts at Sidoti Csr upped their FY2025 earnings per share estimates for shares of Astec Industries in a research note issued on Thursday, November 6th. Sidoti Csr analyst S. Ferazani now anticipates that the industrial products company will post earnings per share of $2.98 for the year, up from their previous estimate of $2.94. Sidoti Csr also issued estimates for Astec Industries’ Q4 2025 earnings at $0.74 EPS, Q1 2026 earnings at $0.89 EPS, Q2 2026 earnings at $0.98 EPS, Q3 2026 earnings at $0.57 EPS, Q4 2026 earnings at $0.86 EPS, FY2026 earnings at $3.30 EPS, Q1 2027 earnings at $0.97 EPS, Q2 2027 earnings at $1.06 EPS, Q3 2027 earnings at $0.65 EPS and FY2027 earnings at $3.62 EPS.

Astec Industries (NASDAQ:ASTE) last posted its earnings results on Wednesday, November 5th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.02. The firm had revenue of $350.10 million for the quarter, compared to analysts’ expectations of $336.00 million. Astec Industries had a return on equity of 11.52% and a net margin of 3.50%.

Other equities research analysts have also recently issued reports about the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Astec Industries in a research report on Thursday, October 30th. Zacks Research raised shares of Astec Industries to a “hold” rating in a research note on Tuesday, October 7th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $41.00.

Astec Industries Stock Performance

NASDAQ:ASTE opened at $44.63 on Monday. The company has a quick ratio of 1.08, a current ratio of 2.71 and a debt-to-equity ratio of 0.13. The firm’s fifty day simple moving average is $47.05 and its 200 day simple moving average is $43.13. The stock has a market cap of $1.02 billion, a P/E ratio of 22.43, a price-to-earnings-growth ratio of 2.32 and a beta of 1.42. Astec Industries has a twelve month low of $29.65 and a twelve month high of $50.83.

Astec Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.2%. Astec Industries’s dividend payout ratio (DPR) is currently 25.00%.

Insider Buying and Selling at Astec Industries

In other news, insider Barend Snyman sold 2,498 shares of Astec Industries stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $47.22, for a total transaction of $117,955.56. Following the completion of the transaction, the insider directly owned 15,559 shares in the company, valued at approximately $734,695.98. This trade represents a 13.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.69% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. grew its stake in shares of Astec Industries by 98.8% in the first quarter. American Century Companies Inc. now owns 361,390 shares of the industrial products company’s stock worth $12,450,000 after acquiring an additional 179,618 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Astec Industries by 22.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 819,913 shares of the industrial products company’s stock worth $28,247,000 after purchasing an additional 150,634 shares in the last quarter. New York State Common Retirement Fund raised its stake in shares of Astec Industries by 1,800.5% in the third quarter. New York State Common Retirement Fund now owns 142,388 shares of the industrial products company’s stock worth $6,853,000 after purchasing an additional 134,896 shares during the last quarter. Hillsdale Investment Management Inc. boosted its position in shares of Astec Industries by 77,508.8% during the second quarter. Hillsdale Investment Management Inc. now owns 131,935 shares of the industrial products company’s stock valued at $5,500,000 after buying an additional 131,765 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Astec Industries during the first quarter valued at $4,419,000. Institutional investors own 93.16% of the company’s stock.

About Astec Industries

Astec Industries, Inc designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities worldwide. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as engineering and environmental permitting services.