51,226 Shares in Advanced Drainage Systems, Inc. $WMS Bought by Man Group plc

Posted by Stanley Muller on Aug 29th, 2026

Man Group plc acquired a new stake in shares of Advanced Drainage Systems, Inc. (NYSE:WMS – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 51,226 shares of the construction company’s stock, valued at approximately $8,040,000. Man Group plc owned 0.07% of Advanced Drainage Systems at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings 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 purchasing an additional 176 shares during the period. Allworth Financial LP purchased a new position in Advanced Drainage Systems in the second quarter valued at about $26,000. SJS Investment Consulting Inc. grew its stake in Advanced Drainage Systems by 78.1% in the first quarter. SJS Investment Consulting Inc. now owns 244 shares of the construction company’s stock valued at $33,000 after purchasing an additional 107 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Advanced Drainage Systems in the third quarter worth about $36,000. Finally, Kestra Advisory Services LLC purchased a new position in Advanced Drainage Systems in the fourth quarter worth $37,000. Institutional investors own 89.83% of the company’s stock.

Advanced Drainage Systems Trading Down 1.2%

Shares of Advanced Drainage Systems stock opened at $137.11 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.12 and a quick ratio of 1.18. The stock’s 50 day simple moving average is $145.99 and its 200-day simple moving average is $146.47. The stock has a market cap of $10.34 billion, a P/E ratio of 23.68, a P/E/G ratio of 1.52 and a beta of 1.27. Advanced Drainage Systems, Inc. has a 1-year low of $128.03 and a 1-year high of $179.32.

Advanced Drainage Systems (NYSE:WMS – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The construction company reported $2.49 EPS for the quarter, beating the consensus estimate of $2.10 by $0.39. Advanced Drainage Systems had a return on equity of 28.28% and a net margin of 14.00%.The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $991.39 million. During the same quarter last year, the firm earned $1.95 earnings per share. The business’s revenue for the quarter was up 20.6% on a year-over-year basis. Analysts predict that Advanced Drainage Systems, Inc. will post 6.62 EPS for the current fiscal year.

Advanced Drainage Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.6%. Advanced Drainage Systems’s dividend payout ratio (DPR) is 13.82%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on WMS shares. Jefferies Financial Group assumed coverage on Advanced Drainage Systems in a research note on Thursday, June 11th. They set a “buy” rating and a $175.00 price target on the stock. Robert W. Baird set a $206.00 target price on shares of Advanced Drainage Systems in a research report on Friday, August 7th. Oppenheimer dropped their price objective on shares of 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. Royal Bank Of Canada increased their target price on shares of Advanced Drainage Systems from $170.00 to $178.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Advanced Drainage Systems in a research note on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $188.70.

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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.