Creative Financial Designs Inc. ADV Has $76,000 Stock Position in Advanced Drainage Systems, Inc. $WMS

Creative Financial Designs Inc. ADV boosted its stake in shares of Advanced Drainage Systems, Inc. (NYSE:WMS) by 341.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 658 shares of the construction company’s stock after buying an additional 509 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Advanced Drainage Systems were worth $76,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Parallel Advisors LLC raised its holdings in shares of Advanced Drainage Systems by 177.4% during the second quarter. Parallel Advisors LLC now owns 430 shares of the construction company’s stock worth $49,000 after acquiring an additional 275 shares during the period. Banque Cantonale Vaudoise acquired a new stake in shares of Advanced Drainage Systems during the first quarter worth $66,000. Signaturefd LLC raised its stake in shares of Advanced Drainage Systems by 110.7% in the 1st quarter. Signaturefd LLC now owns 670 shares of the construction company’s stock valued at $73,000 after purchasing an additional 352 shares during the period. GAMMA Investing LLC raised its stake in shares of Advanced Drainage Systems by 167.1% in the 1st quarter. GAMMA Investing LLC now owns 812 shares of the construction company’s stock valued at $88,000 after purchasing an additional 508 shares during the period. Finally, Covestor Ltd raised its stake in shares of Advanced Drainage Systems by 169.8% in the 1st quarter. Covestor Ltd now owns 955 shares of the construction company’s stock valued at $104,000 after purchasing an additional 601 shares during the period. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Advanced Drainage Systems Stock Down 1.6%

Advanced Drainage Systems stock opened at $137.85 on Tuesday. The firm has a market capitalization of $10.72 billion, a PE ratio of 24.88, a P/E/G ratio of 1.88 and a beta of 1.32. The company’s 50-day moving average is $141.64 and its 200-day moving average is $126.49. Advanced Drainage Systems, Inc. has a fifty-two week low of $93.92 and a fifty-two week high of $166.03. The company has a debt-to-equity ratio of 0.82, a current ratio of 3.22 and a quick ratio of 2.25.

Advanced Drainage Systems (NYSE:WMS) last released its quarterly earnings data on Thursday, August 7th. The construction company reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.17. The company had revenue of $829.88 million for the quarter, compared to analyst estimates of $800.54 million. Advanced Drainage Systems had a net margin of 14.82% and a return on equity of 29.57%. Advanced Drainage Systems’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.06 EPS. Advanced Drainage Systems has set its FY 2026 guidance at EPS. Sell-side analysts anticipate that Advanced Drainage Systems, Inc. will post 6.1 earnings per share for the current year.

Advanced Drainage Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.5%. Advanced Drainage Systems’s payout ratio is presently 13.00%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Royal Bank Of Canada assumed coverage on Advanced Drainage Systems in a research note on Monday, August 11th. They issued an “outperform” rating and a $159.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Advanced Drainage Systems in a research report on Wednesday, October 8th. Barclays lifted their price objective on shares of Advanced Drainage Systems from $135.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, August 8th. Oppenheimer reiterated an “outperform” rating on shares of Advanced Drainage Systems in a report on Friday, August 8th. Finally, KeyCorp lifted their price target on shares of Advanced Drainage Systems from $140.00 to $159.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.56.

Advanced Drainage Systems Profile

Advanced Drainage Systems, Inc designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in North America and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems; EZflow synthetic aggregate bundles; wastewater purification through mechanical aeration wastewater for residential and commercial systems; septic tanks and accessories; combined treatment and dispersal systems, including advanced enviro-septic and advanced treatment leachfield systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators.