SG Capital Management LLC Purchases New Stake in Advanced Drainage Systems, Inc. $WMS
SG Capital Management LLC has acquired a significant new stake in Advanced Drainage Systems, Inc. (WMS) during the third quarter, purchasing 328,703 shares valued at approximately $45.59 million. This investment now constitutes 4.1% of SG Capital's portfolio and makes it their fourth-largest holding. The acquisition comes amidst positive analyst sentiment, with several firms raising price targets on WMS, and the company recently reported strong quarterly earnings, beating estimates.
Advisors Capital Management LLC Invests $4.44 Million in Advanced Drainage Systems, Inc. $WMS
Advisors Capital Management LLC has invested approximately $4.44 million in Advanced Drainage Systems, Inc. (NYSE:WMS) by purchasing 32,004 shares in the third quarter. This move, along with other institutional investments, brings the total institutional ownership of the stock to nearly 90%. Analysts have issued bullish ratings with price targets ranging from $198 to $205, while the company itself reported strong quarterly earnings, beating expectations, and announced a quarterly dividend.
Analysts Offer Insights on Industrial Goods Companies: CNH Industrial (CNH), Advanced Drainage Systems (WMS) and Nordex (OtherNRDXF)
Analysts have provided coverage on several Industrial Goods companies, including CNH Industrial (CNH), Advanced Drainage Systems (WMS), and Nordex (NRDXF). The article highlights that these companies in the Industrial Goods sector have garnered significant analyst attention. It also mentions a President's Day Sale for unlocking investing tools.
Cercano Management LLC Lowers Stake in Advanced Drainage Systems, Inc. $WMS
Cercano Management LLC reduced its stake in Advanced Drainage Systems (NYSE:WMS) by 49.1% in the third quarter, selling 96,561 shares but still holding 100,224 shares valued at approximately $13.9 million. Despite this reduction, several analysts have recently raised their price targets and ratings for WMS, giving the stock a "Moderate Buy" consensus and an average price target of $186. The company also reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.
Valuation Analysis of Advanced Drainage Systems
Advanced Drainage Systems (WMS) stock is analyzed, showing a closing price of $170.98 and strong long-term growth despite short-term volatility. A Discounted Cash Flow (DCF) model indicates the stock is overvalued by 54.5% with an intrinsic value of $110.69 per share, as free cash flow is projected to decrease. The P/E ratio of 28.3x exceeds industry averages but is below Simply Wall St's fair ratio, reflecting an optimistic market outlook on its growth prospects.
Advanced Drainage Systems outlines $3.015B revenue target and highlights NDS integration while expanding margin outlook
Advanced Drainage Systems (ADS) has set a revenue target of $3.015 billion and projects an adjusted EBITDA margin of 27% to 28% for fiscal year 2023. The company is focused on the successful integration of NDS and anticipates substantial free cash flow, aiming to reduce net leverage to under 2.0x within 12-18 months. These targets were shared during their investor day, emphasizing strong financial performance and strategic growth.
Advanced Drainage Systems Announces New Notes Offering, Refinancing
Advanced Drainage Systems (WMS) announced pricing a $500 million private offering of 5.375% senior unsecured notes due 2034, with closing anticipated on February 27, 2026. The company also plans to amend its senior secured credit facility to expand its revolving line and term loan B, extending maturities. These actions are intended to refinance existing debt, redeem outstanding 2027 notes, and strengthen its capital structure for future growth.
ADS raises $500M in 5.375% notes to refinance loans and 2027 debt
Advanced Drainage Systems, Inc. (ADS) has priced a private offering of $500 million in 5.375% senior unsecured notes due 2034. The company plans to use the net proceeds, along with an amended senior secured credit facility, to refinance its existing credit facility and redeem its outstanding 5.000% senior notes due 2027. The offering is expected to close on February 27, 2026.
Advanced Drainage Systems announces proposed $500 million senior notes offering
Advanced Drainage Systems (ADS) has announced a proposed offering of $500 million in senior notes. This news comes amidst other recent financial activities for the company, including recent analyst price target adjustments, Q3 fiscal earnings beats, and an increase in their equity buyback plan. ADS specializes in water management solutions for the construction and agriculture sectors.
Advanced Drainage Systems plans $500M senior notes offering, credit facility expansion
Advanced Drainage Systems (ADS) has announced its intention to offer $500 million in senior notes due 2033 through a private offering, subject to market and other conditions. The company plans to use the net proceeds, along with cash on hand, to repay outstanding borrowings under its existing credit facility. Additionally, ADS is proposing to amend and restate its current credit facility to expand it, including increasing its revolving commitments from $600 million to $750 million and extending the maturity date.
Advanced Drainage Systems Plans To Commence Upto $500 Mln Offering Of Senior Unsecured Notes
Advanced Drainage Systems, Inc. (WMS) announced plans to offer up to $500 million in senior unsecured notes due 2034 through a private transaction. The company intends to use the proceeds, alongside a term loan, to refinance existing debt and redeem its 5.000 percent senior notes due 2027, with the remainder for general corporate purposes. Additionally, the company expects to amend its senior secured credit facility to expand its revolving credit and term loan "B" and extend the maturity date.
Advanced Drainage Systems Announces $500 Million Senior Notes Offering
Advanced Drainage Systems (WMS) announced a $500 million senior notes offering due in 2034. The offering is subject to market conditions and private transaction rules, with proceeds intended to refinance existing credit and redeem 2027 notes. The company also plans to increase its revolving credit and term loan amounts through a credit facility amendment.
Advanced Drainage Systems Announces Proposed $500 Million Senior Notes Offering
Advanced Drainage Systems (ADS) plans to offer $500 million in senior unsecured notes due 2034 through a private transaction. The company also intends to amend its senior secured credit facility to expand its revolving credit and term loan B, and extend the maturity date. Proceeds from the offering and the amended credit facility will be used to refinance existing debt, redeem outstanding senior notes, and for general corporate purposes.
5 Revealing Analyst Questions From Advanced Drainage's Q4 Earnings Call
Advanced Drainage Systems (WMS) reported flat sales in Q4 but exceeded analyst expectations for revenue and profitability, driven by strong performance in Allied Products and Infiltrator businesses. The company raised its full-year revenue guidance. This article highlights five key analyst questions from the earnings call, focusing on drivers for raised guidance, NDS integration, Orenco integration, nonresidential market outlook, and sustainability of margin gains.
Advanced Drainage Systems Announces Pricing of $500 Million of 5.375% Senior Notes Due 2034
Advanced Drainage Systems, Inc. announced the pricing of a private offering of $500 million aggregate principal amount of 5.375% senior unsecured notes due 2034. The company plans to use the net proceeds, along with an amended senior secured credit facility, to refinance existing debt and for general corporate purposes. The offering is expected to close on February 27, 2026, subject to customary closing conditions.
Advanced Drainage Systems stock hits 52-week high at $179.28
Advanced Drainage Systems (WMS) stock recently achieved a 52-week high, closing at $179.28, reflecting significant investor confidence and robust market performance with a 38.62% return over the past year. Despite its "GOOD" financial health score and analyst price target of $215, InvestingPro data suggests the stock is currently in overbought territory and appears somewhat overvalued with a P/E ratio of 29.07. The company also surpassed Wall Street expectations in its Q3 fiscal 2026 earnings, reporting higher EPS and revenue.
Advanced Drainage Systems stock hits 52-week high at $179.28 By Investing.com
Advanced Drainage Systems Inc. (WMS) stock has reached a new 52-week high of $179.28, reflecting strong investor confidence and a 38.62% return over the past year. Despite its current trading indicating it might be overvalued with an RSI in overbought territory and a P/E ratio of 29.07, analysts remain bullish with a high price target of $215. The company recently surpassed Q3 fiscal 2026 earnings expectations, reporting EPS of $1.27 and revenue of $693.35 million.
Impax Asset Management Group plc Has $345.79 Million Holdings in Advanced Drainage Systems, Inc. $WMS
Impax Asset Management Group plc reduced its stake in Advanced Drainage Systems (NYSE:WMS) by 17.9% in Q3, now holding 2,500,076 shares valued at $345.79 million. Despite this reduction, Advanced Drainage Systems reported strong quarterly earnings, beating analyst estimates with an EPS of $1.27 and revenue of $693.35 million. Analysts have a "Moderate Buy" rating for WMS with an average target price of $186.00, and the company also declared a quarterly dividend of $0.18 per share.
Foresight Group Ltd Liability Partnership Decreases Holdings in Advanced Drainage Systems, Inc. $WMS
Foresight Group Ltd Liability Partnership significantly reduced its stake in Advanced Drainage Systems (NYSE:WMS) by 94.8% in the third quarter, selling over 108,000 shares. Despite this, Advanced Drainage Systems is viewed positively by analysts, with a consensus "Moderate Buy" rating and several firms raising price targets after the company surpassed EPS estimates and announced a quarterly dividend. Insider selling activity also occurred, with insiders offloading 96,500 shares in the last 90 days.
What Makes Advanced Drainage Systems (WMS) a Lucrative Investment?
The article discusses why Advanced Drainage Systems (WMS) is considered a lucrative investment based on its strong earnings and revenue growth, robust financial health, and continuous upgrades in earnings estimates. It highlights the company's solid balance sheet and favorable valuation as key factors contributing to its attractiveness to investors.
WMS (Advanced Drainage Systems, Inc.) Maintained Outperform by RBC Feb 06, 2026
RBC Capital maintained its Outperform rating for Advanced Drainage Systems, Inc. (WMS) on February 6, 2026, and raised its price target from $176 to $205. This move reflects continued analyst confidence in WMS's operational gains, margin improvement, and recent acquisition and earnings momentum. Meyka AI also rates WMS with an "A" grade, supporting the positive outlook while cautioning investors to consider other factors like cyclical demand and integration of the NDS acquisition.
A Look At Advanced Drainage Systems (WMS) Valuation After Recent Share Price Momentum
Advanced Drainage Systems (WMS) has seen significant share price momentum, with a 15.35% return in 7 days and 46.43% over a year. The company is considered 2.1% undervalued with a fair value of $179.22, driven by strategic investments in operational efficiency. Despite this, its P/E ratio of 29x is higher than the industry average, prompting questions about its current market valuation.
Advanced Drainage Systems Q3 EPS Beat Tests Justification For Premium 29x P/E Narratives
Advanced Drainage Systems (WMS) reported Q3 2026 results with revenue of US$693.4 million and basic EPS of US$1.20, showing modest revenue growth but faster profit growth compared to Q3 2025. The company's shares trade at a premium 29x P/E, higher than industry averages, and above its DCF fair value, prompting questions about whether its forecast growth justifies this valuation. The article highlights a contrast between the company's strong five-year earnings growth and its slower recent performance.
Advanced Drainage Systems Expands Water Portfolio And Upsizes Shareholder Returns
Advanced Drainage Systems (NYSE:WMS) recently acquired National Diversified Sales (NDS), enhancing its water management solutions portfolio, and also significantly increased its stock repurchase authorization by $1 billion. The company further demonstrated its commitment to shareholder returns by announcing a 13% dividend increase. These strategic moves, combining business expansion with amplified capital returns, position Advanced Drainage Systems for continued growth and aim to appeal to a broad range of investors.
Advanced Drainage Systems Expands Water Portfolio And Upsizes Shareholder Returns
Advanced Drainage Systems (NYSE:WMS) has significantly expanded its water management portfolio through the acquisition of National Diversified Sales (NDS), while simultaneously boosting shareholder returns. The company announced a $1 billion increase to its stock repurchase authorization and a 13% dividend increase, alongside strong recent stock performance. These strategic moves aim to position Advanced Drainage Systems as a more diversified and solution-focused water management business, balancing business expansion with direct capital returns to investors.
Advanced Drainage Systems outlines $3.015B revenue target and highlights NDS integration while expanding margin outlook
Advanced Drainage Systems has set a revenue target of $3.015 billion. The company emphasized the successful integration of NDS and announced an expanded margin outlook. This suggests a positive financial trajectory and strategic business development.
Advanced Drainage Systems, Inc. (NYSE:WMS) Q3 2026 Earnings Call Transcript
Advanced Drainage Systems, Inc. (NYSE:WMS) reported strong Q3 2026 earnings, exceeding expectations with an EPS of $1.20 vs. $1.11, driven by high-growth Allied and Infiltrator products, despite challenging market conditions. The company successfully integrated the NDS acquisition and raised its fiscal year 2026 revenue and adjusted EBITDA guidance, affirming a resilient financial outlook and commitment to organic growth and strategic M&A. Plans for an Investor Day in June 2026 were also announced to detail future growth priorities and financial targets.
WMS Q4 Deep Dive: Product Mix and Acquisitions Drive Margin Expansion
Advanced Drainage Systems (WMS) reported better-than-expected Q4 CY2025 revenue and profit, with sales remaining flat year-over-year. The company's success was driven by growth in higher-margin Allied Products and Infiltrator businesses, offsetting declines in pipe sales. Management's updated guidance and ongoing integration of acquisitions like NDS reflect confidence in future margin expansion through product mix shifts and cost synergies.
Analysis of Key Market Segments Influencing the Modern Drainage System Market
The modern drainage system market is projected to reach $2.41 billion by 2030, growing at a CAGR of 5.1%, driven by technological advancements and environmental awareness. Key trends include IoT-enabled monitoring, AI-driven optimization, and sustainable solutions. Leading companies such as Advanced Drainage Systems Inc. are expanding through acquisitions and innovations like GF Corys' UltraFlow Drainage Solution. The market is segmented by type, distribution channel, and application, offering a comprehensive understanding of its growth drivers.
Advanced Drainage Systems, Inc. (NYSE:WMS) Announces Quarterly Dividend of $0.18
Advanced Drainage Systems, Inc. (NYSE:WMS) has declared a quarterly dividend of $0.18 per share, payable on March 16, 2026, to shareholders of record as of March 2, 2026. This translates to an annualized dividend of $0.72 and a yield of approximately 0.4%, with a conservative payout ratio of 11.4%. The company recently surpassed analyst expectations with an EPS of $1.27 and revenue of $693.4 million, demonstrating strong financial performance and profitability.
Earnings call transcript: Advanced Drainage Systems beats Q3 2026 earnings forecast
Advanced Drainage Systems (ADS) reported strong Q3 fiscal 2026 results, surpassing Wall Street's EPS and revenue forecasts. The company's adjusted EBITDA increased by 9%, and it raised its fiscal 2026 revenue guidance to $3.015 billion, with shares rising in pre-market trading. ADS attributes its success to operational efficiency, strategic acquisitions like NDS and Orenco, and a focus on high-growth, high-margin allied and Infiltrator products, despite challenges in the residential market.
Advanced Drainage (NYSE:WMS) Posts Better-Than-Expected Sales In Q4 CY2025
Advanced Drainage Systems (NYSE:WMS) reported better-than-expected Q4 CY2025 revenue of $693.4 million, which was flat year-on-year, and a non-GAAP profit of $1.27 per share, beating analyst estimates. The company also increased its full-year revenue guidance to $3.02 billion at the midpoint, reflecting strong performance despite a challenging market. Operating margin and free cash flow margin both improved significantly compared to the same quarter last year, driven by a strategic shift towards higher-margin products and favorable price/cost dynamics.
Advanced Drainage Systems Inc (NYSE:WMS) Beats Q3 Earnings Estimates Despite Pre-Market Stock Dip
Advanced Drainage Systems Inc (NYSE:WMS) exceeded Q3 fiscal year 2026 earnings estimates with adjusted EPS of $1.27 and net sales of $693.4 million, reflecting a strategic shift towards higher-margin products and strong financial health. Despite these positive results, the stock dipped in pre-market trading, possibly due to broader market concerns or profit-taking. The company also announced an updated fiscal year outlook, a new $1 billion share repurchase program, and the acquisition of NDS, indicating confidence in future growth and shareholder returns.
Advanced Drainage Systems Announces Quarterly Cash Dividend
Advanced Drainage Systems, Inc. (ADS) has announced a quarterly cash dividend of $0.18 per share, marking a 13% increase from the previous year. This decision, along with a new $1 billion stock repurchase authorization, reflects the company's strong financial position, robust cash generation, and commitment to returning capital to shareholders. The dividend will be paid on March 16, 2026, to shareholders of record by March 2, 2026.
Advanced Drainage Systems Q3 Earnings Summary & Key Takeaways
Advanced Drainage Systems (NYSE: WMS) announced its Q3 earnings, reporting an EPS of $1.27, which beat the estimated $1.11 by 14.41%. The company's revenue increased by $2.82 million compared to the same period last year. This positive performance follows a trend of beating EPS estimates in the previous quarter as well.
Advanced Drainage Systems Announces Third Quarter Fiscal 2026 Results, Increases Stock Repurchase Authorization
Advanced Drainage Systems (ADS) announced strong third-quarter fiscal 2026 results with increases in net sales, net income, and Adjusted EBITDA, despite a challenging market. The company also completed the acquisition of NDS, a leading residential stormwater and irrigation products supplier, and increased its stock repurchase authorization to $1.148 billion, reflecting confidence in its growth strategy and commitment to shareholder returns. ADS updated its fiscal 2026 guidance, forecasting net sales between $2.990 billion and $3.040 billion, and Adjusted EBITDA between $930 million and $960 million.
Advanced Drainage Systems Q3 Earnings Rise; Boosts Buyback Authorization
Advanced Drainage Systems (WMS) reported a significant increase in its third-quarter net income and adjusted EBITDA compared to the previous year, surpassing analyst expectations. The company also announced a new $1 billion share buyback authorization, bringing its total repurchase capacity to $1.15 billion. For the full year 2026, the company forecasts net sales between $2.990 billion and $3.040 billion and adjusted EBITDA in the range of $930 million to $960 million.
Allianz Asset Management GmbH Reduces Position in Advanced Drainage Systems, Inc. $WMS
Allianz Asset Management GmbH significantly reduced its stake in Advanced Drainage Systems (NYSE:WMS) by 14.0% in Q3, selling 82,041 shares but still holding over 500,000 shares valued at approximately $70.17 million. Despite this reduction, institutional investors collectively own nearly 90% of the stock. Advanced Drainage Systems also reported strong Q3 earnings, surpassing analyst expectations with $1.97 EPS and $850.4 million in revenue, leading to an average "Moderate Buy" rating and a consensus price target of $165.33 from analysts.
Thrivent Financial for Lutherans Has $19.10 Million Stake in Advanced Drainage Systems, Inc. $WMS
Thrivent Financial for Lutherans significantly increased its stake in Advanced Drainage Systems (NYSE:WMS) by 16.8% during the third quarter, now owning 137,715 shares valued at $19.10 million. Other institutional investors also adjusted their holdings, with 89.83% of the company's stock owned by such entities. Analysts generally rate WMS as a "Moderate Buy" with an average target price of $165.33, following strong earnings performance and revenue growth.
AGF Management Ltd. Has $4.35 Million Stock Position in Advanced Drainage Systems, Inc. $WMS
AGF Management Ltd. increased its stake in Advanced Drainage Systems, Inc. (NYSE:WMS) by 48% during the third quarter, bringing their total holdings to 31,382 shares valued at $4.35 million. Several analysts have recently raised their price targets for WMS, resulting in a "Moderate Buy" consensus rating with an average target of $165.33. Despite institutional buying, company insiders have sold a significant number of shares, totaling $14.6 million in the last quarter.
Advanced Drainage (WMS) Q4 Earnings Report Preview: What To Look For
Advanced Drainage (WMS) is set to announce its Q4 earnings this Thursday before market open. Analysts expect revenue to be flat year-on-year at $685.6 million and adjusted earnings of $1.11 per share. The company has a mixed revenue performance over the last two years, but investor sentiment in the HVAC and water systems segment has been positive recently.
Is It Too Late To Consider Advanced Drainage Systems (WMS) After Recent Price Gains?
Advanced Drainage Systems (WMS) has seen significant price gains recently, prompting questions about its current valuation. A Discounted Cash Flow (DCF) analysis suggests the stock is currently overvalued by 44.0% compared to its intrinsic value of $108.60 per share, while a Price-to-Earnings (P/E) ratio comparison indicates it is slightly undervalued when accounting for Simply Wall St's proprietary Fair Ratio. The article encourages investors to develop their own "Narratives" to analyze WMS, considering factors like demand for water management projects.
Advanced Drainage (WMS) Q4 Earnings Report Preview: What To Look For
Advanced Drainage Systems (WMS) is set to announce its Q4 earnings this Thursday. Analysts expect revenues to remain flat year-on-year at $685.6 million and adjusted earnings of $1.11 per share. The company has a mixed record of meeting Wall Street's revenue estimates, having missed three times in the last two years, but similar companies in the sector have recently exceeded expectations.
Advanced Drainage (WMS) Q4 Earnings Report Preview: What To Look For
Advanced Drainage (WMS) is set to announce its Q4 earnings results before market open this Thursday. Analysts expect flat year-on-year revenue at $685.6 million and adjusted earnings of $1.11 per share. The company previously beat revenue expectations by 6.6% last quarter, and recent performance from peers in the HVAC and water systems segment shows positive investor sentiment.
Advanced Drainage Systems (NYSE:WMS) Hits New 52-Week High - Still a Buy?
Advanced Drainage Systems (NYSE:WMS) recently reached a new 52-week high, with its stock trading as high as $161.19. Wall Street analysts maintain a "Moderate Buy" consensus rating for the company, with several firms raising their price targets, indicating strong confidence. Despite some insider selling, institutional ownership remains high, and the company reported strong Q4 results, beating EPS and revenue estimates, alongside robust fundamental metrics.
Advanced Drainage Systems stock hits 52-week high at $161.19
Advanced Drainage Systems Inc (WMS) stock has hit a 52-week high of $161.19, reflecting strong market performance with significant gains over the past year and six months. The company, which has a market capitalization of $12.44 billion and a P/E ratio of 27.25, is reporting earnings in two days, with InvestingPro suggesting it may be slightly overvalued. This achievement follows impressive fiscal Q2 2026 earnings and a strategic acquisition, leading analysts to raise price targets.
Advanced Drainage Systems Closes Acquisition of National Diversified Sales, a Subsidiary of Norma Group SE
Advanced Drainage Systems, Inc. (ADS) has announced the completion of its acquisition of National Diversified Sales (NDS), the water management business of Norma Group SE. This acquisition expands ADS's offerings in residential water management, access boxes, and irrigation solutions, strengthening its position as an end-to-end water solutions provider. The integration of NDS is expected to advance ADS's core growth strategy by enhancing its Allied Products portfolio, extending its distribution network, and increasing its customer reach.
SuDS Tips: Designing for water quality using mitigation indices
This article emphasizes the critical role of Sustainable Drainage Systems (SuDS) in improving water quality by removing pollutants from surface water, an aspect often overlooked in design. It highlights the importance of a risk-based approach incorporating both water quantity and quality, utilizing pollution hazard and mitigation indices. The article also discusses the independent verification of performance data for engineered SuDS components, facilitated by British Water, to build confidence in their use.
How Investors Are Reacting To Advanced Drainage Systems (WMS) Rising Earnings Optimism Despite Softer Revenue Expectations
Advanced Drainage Systems (WMS) is seeing increased analyst optimism for its upcoming December 2025 earnings, with expectations for higher year-over-year earnings despite softer revenue. This positive sentiment, driven by a "Most Accurate Estimate" exceeding the "Consensus Estimate," highlights a focus on margins and capital discipline. However, investors are cautioned to consider the company's premium valuation and recent insider selling, suggesting the news might offer only a short-term confidence boost without changing the broader risk profile.
Advanced Drainage Systems Closes Acquisition of National Diversified Sales, a Subsidiary of Norma Group SE
Advanced Drainage Systems (ADS) has completed its acquisition of National Diversified Sales (NDS), a subsidiary of Norma Group SE. This strategic move expands ADS's water management offerings into residential, access box, and irrigation solutions, solidifying its position as an end-to-end water solutions provider. The acquisition is expected to strengthen ADS's Allied Products portfolio, enhance its distribution network, and increase customer reach, contributing to long-term value creation.
