Brokerages Set Advanced Drainage Systems, Inc. (NYSE:WMS) Price Target at $187.00

Posted by George Bondi on Jul 30th, 2026

Advanced Drainage Systems, Inc. (NYSE:WMS – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the nine brokerages that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $187.00.

Several equities analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Advanced Drainage Systems in a report on Friday, July 17th. Oppenheimer dropped their price target on Advanced Drainage Systems from $195.00 to $190.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 26th. KeyCorp reiterated an “overweight” rating on shares of Advanced Drainage Systems in a research note on Monday, June 22nd. Barclays increased their price objective on Advanced Drainage Systems from $181.00 to $191.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Finally, Stephens raised shares of Advanced Drainage Systems from an “equal weight” rating to an “overweight” rating and cut their target price for the company from $190.00 to $175.00 in a report on Wednesday, May 27th.

Get Our Latest Research Report on Advanced Drainage Systems

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Advanced Drainage Systems by 352.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 226 shares of the construction company’s stock valued at $26,000 after purchasing an additional 176 shares in the last quarter. Baird Financial Group Inc. increased its position in Advanced Drainage Systems by 1.8% during the 2nd quarter. Baird Financial Group Inc. now owns 21,049 shares of the construction company’s stock worth $2,418,000 after purchasing an additional 382 shares during the period. Brown Advisory Inc. raised its stake in shares of Advanced Drainage Systems by 14.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,784 shares of the construction company’s stock worth $549,000 after buying an additional 588 shares in the last quarter. Jump Financial LLC purchased a new position in shares of Advanced Drainage Systems during the 2nd quarter worth approximately $403,000. Finally, California Public Employees Retirement System lifted its holdings in shares of Advanced Drainage Systems by 2.2% in the 2nd quarter. California Public Employees Retirement System now owns 101,512 shares of the construction company’s stock valued at $11,660,000 after buying an additional 2,206 shares during the period. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Advanced Drainage Systems Stock Down 4.7%

Advanced Drainage Systems stock opened at $138.23 on Thursday. The firm has a market capitalization of $10.59 billion, a P/E ratio of 25.41, a P/E/G ratio of 1.56 and a beta of 1.26. 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 has a twelve month low of $110.85 and a twelve month high of $179.32. The stock’s fifty day simple moving average is $142.74 and its 200-day simple moving average is $148.54.

Advanced Drainage Systems (NYSE:WMS – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The construction company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.12. The company had revenue of $676.76 million during the quarter, compared to the consensus estimate of $651.92 million. Advanced Drainage Systems had a net margin of 13.98% and a return on equity of 26.63%. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.03 earnings per share. As a group, equities analysts expect that Advanced Drainage Systems will post 6.55 earnings per share for the current fiscal year.

Advanced Drainage Systems Increases Dividend

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

About Advanced Drainage Systems

(Get 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.