3,465 Shares in Advanced Drainage Systems, Inc. $WMS Bought by Kestra Private Wealth Services LLC

Posted by Francis Steltz on Jul 5th, 2026

Kestra Private Wealth Services LLC acquired a new position in Advanced Drainage Systems, Inc. (NYSE:WMS – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,465 shares of the construction company’s stock, valued at approximately $475,000.

Several other institutional investors also recently bought and sold shares of WMS. Captrust Financial Advisors lifted its position in shares of Advanced Drainage Systems by 2.8% in the fourth quarter. Captrust Financial Advisors now owns 2,170 shares of the construction company’s stock worth $314,000 after buying an additional 60 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its stake in shares of Advanced Drainage Systems by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 16,007 shares of the construction company’s stock valued at $2,318,000 after acquiring an additional 63 shares in the last quarter. MML Investors Services LLC raised its stake in shares of Advanced Drainage Systems by 3.4% in the 4th quarter. MML Investors Services LLC now owns 1,961 shares of the construction company’s stock valued at $284,000 after acquiring an additional 64 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Advanced Drainage Systems by 24.4% in the 4th quarter. Larson Financial Group LLC now owns 377 shares of the construction company’s stock worth $55,000 after purchasing an additional 74 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in Advanced Drainage Systems by 10.4% in the 4th quarter. UMB Bank n.a. now owns 1,174 shares of the construction company’s stock worth $170,000 after purchasing an additional 111 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors.

Advanced Drainage Systems Stock Up 0.0%

Shares of WMS stock opened at $152.24 on Friday. Advanced Drainage Systems, Inc. has a 12 month low of $109.63 and a 12 month high of $179.32. The company has a quick ratio of 1.35, a current ratio of 2.42 and a debt-to-equity ratio of 0.92. The firm has a market cap of $11.67 billion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 1.64 and a beta of 1.26. The stock has a 50 day moving average of $141.85 and a 200-day moving average of $148.84.

Advanced Drainage Systems (NYSE:WMS – Get Free Report) last announced its quarterly earnings data 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. Advanced Drainage Systems had a net margin of 13.98% and a return on equity of 26.63%. The business had revenue of $676.76 million for the quarter, compared to the consensus estimate of $651.92 million. During the same quarter last year, the company posted $1.03 earnings per share. Advanced Drainage Systems’s quarterly revenue was up 9.9% on a year-over-year basis. On average, equities analysts predict 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. Shareholders of record on Monday, June 1st were issued a $0.20 dividend. This is a boost from Advanced Drainage Systems’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. Advanced Drainage Systems’s payout ratio is currently 14.71%.

Analyst Upgrades and Downgrades

Several brokerages have commented on WMS. Barclays lowered 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. Oppenheimer reduced their price objective on shares of Advanced Drainage Systems from $195.00 to $190.00 and set an “outperform” rating for the company in a research note on Tuesday, May 26th. KeyCorp reaffirmed an “overweight” rating on shares of Advanced Drainage Systems in a report on Monday, June 22nd. UBS Group dropped their target price on shares of Advanced Drainage Systems from $215.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, May 22nd. Finally, Jefferies Financial Group initiated coverage on shares of Advanced Drainage Systems in a research report on Thursday, June 11th. They set a “buy” rating and a $175.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $185.75.

Get Our Latest Analysis 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.