23,208 Shares in Advanced Drainage Systems, Inc. $WMS Acquired by Oxbow Advisors LLC

Posted by on Jul 4th, 2026

Oxbow Advisors LLC acquired a new stake in Advanced Drainage Systems, Inc. (NYSE:WMS – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 23,208 shares of the construction company’s stock, valued at approximately $3,183,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of Advanced Drainage Systems by 352.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 226 shares of the construction company’s stock worth $26,000 after buying an additional 176 shares during the last quarter. SJS Investment Consulting Inc. lifted its stake in shares of Advanced Drainage Systems by 78.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 244 shares of the construction company’s stock valued at $33,000 after acquiring an additional 107 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Advanced Drainage Systems in the 3rd quarter valued at $36,000. Kestra Advisory Services LLC acquired a new stake in shares of Advanced Drainage Systems during the 4th quarter valued at $37,000. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Advanced Drainage Systems during the 4th quarter valued at $42,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

Advanced Drainage Systems Stock Performance

Shares of Advanced Drainage Systems stock opened at $152.24 on Friday. The stock has a market cap of $11.67 billion, a price-to-earnings ratio of 27.99, a P/E/G ratio of 1.64 and a beta of 1.26. Advanced Drainage Systems, Inc. has a twelve month low of $109.63 and a twelve month high of $179.32. The company’s fifty day moving average is $141.85 and its 200 day moving average is $148.84. The company has a quick ratio of 1.35, a current ratio of 2.42 and a debt-to-equity ratio of 0.92.

Advanced Drainage Systems (NYSE:WMS – Get Free Report) last announced its earnings results on Thursday, May 21st. The construction company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.12. The business had revenue of $676.76 million during the quarter, compared to analyst estimates of $651.92 million. Advanced Drainage Systems had a return on equity of 26.63% and a net margin of 13.98%.Advanced Drainage Systems’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the company earned $1.03 EPS. Sell-side analysts forecast that Advanced Drainage Systems, Inc. will post 6.55 EPS for the current year.

Advanced Drainage Systems Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Advanced Drainage Systems’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Advanced Drainage Systems’s payout ratio is currently 14.71%.

Analyst Ratings Changes

WMS has been the topic of a number of research reports. Zacks Research lowered Advanced Drainage Systems from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 17th. Stephens raised Advanced Drainage Systems from an “equal weight” rating to an “overweight” rating and cut their price target for the company from $190.00 to $175.00 in a research note on Wednesday, May 27th. Barclays reduced their price target on Advanced Drainage Systems from $198.00 to $181.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Jefferies Financial Group began coverage on Advanced Drainage Systems in a research note on Thursday, June 11th. They issued a “buy” rating and a $175.00 price objective for the company. Finally, Royal Bank Of Canada raised their price objective on shares of Advanced Drainage Systems from $168.00 to $170.00 and gave the company an “outperform” rating in a report on Monday, June 8th. Seven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $185.75.

Read Our Latest Stock Report on WMS

About Advanced Drainage Systems

(Free Report)

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.

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Institutional Ownership by Quarter for Advanced Drainage Systems (NYSE:WMS)

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