Advanced Drainage Systems, Inc. $WMS Shares Sold by Madison Asset Management LLC

Posted by Stanley Muller on Jul 22nd, 2026

Madison Asset Management LLC lowered its position in Advanced Drainage Systems, Inc. (NYSE:WMS – Free Report) by 16.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 19,424 shares of the construction company’s stock after selling 3,868 shares during the period. Madison Asset Management LLC’s holdings in Advanced Drainage Systems were worth $2,664,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WMS. Northwestern Mutual Wealth Management Co. raised its position in shares of Advanced Drainage Systems by 352.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 226 shares of the construction company’s stock valued at $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 first quarter. SJS Investment Consulting Inc. now owns 244 shares of the construction company’s stock worth $33,000 after buying an additional 107 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Advanced Drainage Systems during the third quarter worth about $36,000. Kestra Advisory Services LLC acquired a new position in Advanced Drainage Systems during the fourth quarter worth about $37,000. Finally, Los Angeles Capital Management LLC acquired a new position in Advanced Drainage Systems during the fourth quarter worth about $42,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

Advanced Drainage Systems Price Performance

Advanced Drainage Systems stock opened at $139.03 on Wednesday. Advanced Drainage Systems, Inc. has a 12-month low of $110.85 and a 12-month high of $179.32. The stock has a market cap of $10.66 billion, a P/E ratio of 25.56, a PEG ratio of 1.54 and a beta of 1.26. The company has a 50-day moving average price of $142.07 and a 200 day moving average price of $148.85. The company has a current ratio of 2.42, a quick ratio of 1.35 and a debt-to-equity ratio of 0.92.

Advanced Drainage Systems (NYSE:WMS – Get Free Report) last posted its earnings results on Thursday, May 21st. The construction company reported $1.07 earnings per share for the quarter, beating 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 company had revenue of $676.76 million for the quarter, compared to analyst estimates of $651.92 million. During the same period in the previous year, the business posted $1.03 EPS. Advanced Drainage Systems’s revenue was up 9.9% on a year-over-year basis. Sell-side analysts anticipate that Advanced Drainage Systems, Inc. will post 6.55 earnings per share for the current year.

Advanced Drainage Systems Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from Advanced Drainage Systems’s previous quarterly dividend of $0.18. Advanced Drainage Systems’s dividend payout ratio is presently 14.71%.

Analyst Ratings Changes

WMS has been the subject of a number of recent research reports. Stephens upgraded shares of Advanced Drainage Systems from an “equal weight” rating to an “overweight” rating and cut their price objective for the company from $190.00 to $175.00 in a report on Wednesday, May 27th. Oppenheimer lowered their target price on Advanced Drainage Systems from $195.00 to $190.00 and set an “outperform” rating on the stock in a report on Tuesday, May 26th. Zacks Research lowered Advanced Drainage Systems from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Advanced Drainage Systems in a report on Friday. Finally, Royal Bank Of Canada lifted their price objective on Advanced Drainage Systems from $168.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, June 8th. Seven equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Advanced Drainage Systems presently has an average rating of “Moderate Buy” and an average price target of $187.00.

View Our Latest Research Report on Advanced Drainage Systems

Advanced Drainage Systems Profile

(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.