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Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2027 Results on November 5, 2026

Thu, 15 Oct 2026 16:30:00 -0400

HILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal second quarter ended September 30, 2026, before the market opens on November 5, 2026.

President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on November 5, 2026, at 10:00 a.m. ET to discuss the results.

Webcast: Interested investors and other parties can listen

Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2027 Results on November 5, 2026

Thu, 15 Oct 2026 16:30:00 -0400

President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on November 5, 2026, at 10:00 a.m. ET to discuss the results.

Webcast: Interested investors and other parties can listen

Advanced Drainage Systems (WMS) PT Lowered to $170 at RBC Capital

Wed, 14 Oct 2026 08:57:48 -0400

RBC Capital analyst Jeffrey Reive lowered the price target on Advanced Drainage Systems (NYSE: WMS) to $170.00 (from $178.00) while maintaining a Outperform rating.

PSP Capital sells StormTrap to Advanced Drainage Systems for $530M

Tue, 13 Oct 2026 13:23:12 -0400

PSP Capital, a Chicago-based private investment firm, has agreed to sell StormTrap, a stormwater management systems provider, to Advanced Drainage Systems (NYSE: WMS) for approximately $530 million, according to a press release from PSP Capital.

The transaction is expected to close in the coming months, subject to customary regulatory approvals.

PSP Capital acquired StormTrap in March 2022. During its ownership, StormTrap added more than 60 employees, built a research and testing facility, launched water quality products, completed one acquisition, and more than doubled its revenue and earnings, according to the release.

Don Traubert, Managing Director with PSP Capital, said, "Over the past 5

PSP Capital Announces Sale of StormTrap to Advanced Drainage Systems

Tue, 13 Oct 2026 13:23:00 -0400

CHICAGO--(BUSINESS WIRE)-- PSP Capital, a global private investment firm founded by its Chairman, Penny Pritzker, announced that it has entered into a definitive agreement to sell StormTrap, a leading provider of stormwater management systems and water quality solutions, to Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS"), a global leader in innovative water management solutions.

The transaction, which was announced by ADS, is expected to close in the coming months, subject to customary regulatory approvals. The transaction values StormTrap at approximately $530 million.

PSP Capital invested in StormTrap in March 2022, partnering with the company's management team to accelerate

PSP Capital Announces Sale of StormTrap to Advanced Drainage Systems

Tue, 13 Oct 2026 13:23:00 -0400

The transaction, which was announced by ADS, is expected to close in the coming months, subject to customary regulatory approvals. The transaction values StormTrap at approximately $530 million.

PSP Capital invested in StormTrap in March 2022, partnering with the company's management team to accelerate

Advanced Drainage Systems (WMS) PT Lowered to $185 at Oppenheimer

Fri, 09 Oct 2026 08:11:40 -0400

Oppenheimer analyst Bryan Blair lowered the price target on Advanced Drainage Systems (NYSE: WMS) to $185.00 (from $190.00) while maintaining a Outperform rating.

DA Davidson Reiterates Buy Rating on Advanced Drainage Systems (WMS) on Deal to Acquire StormTrap

Tue, 06 Oct 2026 09:30:45 -0400

DA Davidson analyst Garik Shmois reiterated a Buy rating and $190.00 price target on Advanced Drainage Systems (NYSE: WMS).

The analyst commented, "WMS announced a deal to acquire StormTrap for $450M (post-NPV tax benefits). The pre-synergy multiple of 10x is below what WMS paid for recent deals and is in line with, to modestly accretive to, the company's current trading multiple. The deal should be well received, as it appears to be a solid bolt-on acquisition at a fair price. StormTrap is initially margin dilutive, but assuming synergies are realized, EBITDA margins should become more consistent with WMS's legacy margins over

Form 8-K ADVANCED DRAINAGE SYSTEM For: Oct 01

Mon, 05 Oct 2026 07:01:00 -0400

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Advanced Drainage Systems to acquire StormTrap for $530 million

Mon, 05 Oct 2026 06:45:16 -0400

Advanced Drainage Systems, Inc. (NYSE: WMS) has entered into a definitive agreement to acquire StormTrap Investments LLC from PSP Capital for approximately $530 million, or about $450 million when adjusted for the present value of expected tax benefits, according to a company statement.

StormTrap, based in the Chicago area, provides engineered stormwater storage and treatment solutions for large-volume, space-constrained applications. The company reported approximately $165 million in revenue and approximately $40 million in adjusted EBITDA over the trailing twelve months ending July 2026. The transaction value, net of estimated tax benefits, represents a multiple of approximately 10x adjusted EBITDA, inclusive of

Advanced Drainage Systems Announces Acquisition of StormTrap Investments LLC From PSP Capital

Mon, 05 Oct 2026 06:45:00 -0400

Expands Addressable Market with Complementary Offerings in Stormwater Storage Solutions
Enhances Go-to-Market Capabilities with Spec-Driven Commercial Model
Provides Immediate Cross-Selling Opportunities in Non-Residential and Infrastructure Markets
Offers Significant Growth Opportunities Linked to Secular and Regulatory Tailwinds and Expanded Customer Relationships

HILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries, today announced that it has entered into a definitive agreement to acquire StormTrap Investments LLC (“StormTrap”), an industry leader in large volume, space-constrained, highly engineered stormwater solutions for a purchase price of

Advanced Drainage Systems Announces Acquisition of StormTrap Investments LLC From PSP Capital

Mon, 05 Oct 2026 06:45:00 -0400

Expands Addressable Market with Complementary Offerings in Stormwater Storage Solutions
Enhances Go-to-Market Capabilities with Spec-Driven Commercial Model
Provides Immediate Cross-Selling Opportunities in Non-Residential and Infrastructure Markets
Offers Significant Growth Opportunities Linked to Secular and Regulatory Tailwinds and Expanded Customer Relationships

ADS Foundation and Brightstorm Introduce a Smarter Way to Manage Stormwater at WEFTEC 2026

Mon, 28 Sep 2026 13:59:00 -0400

NEW ORLEANS--(BUSINESS WIRE)-- The ADS Foundation and The Nature Conservancy’s Brightstorm program are joining efforts at WEFTEC 2026 – the largest water conference in North America, taking place September 26-30 in New Orleans. They will showcase Smart Watershed Network Management (SWNM) and how smart stormwater systems can upgrade legacy infrastructure to better manage stormwater, protect water quality, reduce flooding, and support the nature on which all life depends.

The collaboration reflects the ADS Foundation’s commitment to advancing solutions that protect water

ADS Foundation and Brightstorm Introduce a Smarter Way to Manage Stormwater at WEFTEC 2026

Mon, 28 Sep 2026 13:59:00 -0400

The collaboration reflects the ADS Foundation’s commitment to advancing solutions that protect water

Western Metallica Resources Corp. Provides Update on Exclusivity and Binding Option Agreement for Nueva Celti Copper Project

Wed, 23 Sep 2026 07:00:00 -0400

TORONTO--(BUSINESS WIRE)-- Western Metallica Resources Corp. (TSXV: WMS) (“Western Metallica” or the “Company”) provides a status update to its previously announced Exclusivity and Binding Option Agreement (the "Option Agreement") with AJAX Resources PLC. (AQSE: AJAX) ("AJAX"), pursuant to which Ajax has secured an exclusive and irrevocable option to acquire 100% of the issued share capital of Western Metallica, S.L., a fully owned Spanish subsidiary of Western Metallica which owns the Nueva Celti Copper Project located in Andalusia, Spain (the “Proposed Acquisition”) (See news release dated August 7, 2026).

Ajax continues to progress its due diligence and the parties

Western Metallica Resources Corp. Provides Update on Exclusivity and Binding Option Agreement for Nueva Celti Copper Project

Wed, 23 Sep 2026 07:00:00 -0400

Ajax continues to progress its due diligence and the parties

Form 11-K ADVANCED DRAINAGE SYSTEM For: Mar 31

Wed, 16 Sep 2026 16:20:00 -0400

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Advanced Drainage Systems Releases 2026 Sustainability Report

Mon, 14 Sep 2026 16:30:00 -0400

HILLIARD, Ohio--(BUSINESS WIRE)--

Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries, released its Fiscal 2026 Sustainability Report, reflecting the Company’s continued commitment to responsible operations and environmental stewardship.

“Sustainability remains central to how we manage risk, improve operational efficiency, and create lasting value,” said Scott Barbour, President and Chief Executive Officer. “As our products help customers manage the impacts of a changing climate, we are equally focused on strengthening the sustainability of our own operations.”

Highlights from the Fiscal 2026 Sustainability

Advanced Drainage Systems Releases 2026 Sustainability Report

Mon, 14 Sep 2026 16:30:00 -0400

HILLIARD, Ohio--(BUSINESS WIRE)--

Highlights from the Fiscal 2026 Sustainability

Form 4 ADVANCED DRAINAGE SYSTEM For: Sep 01 Filed by: Coyle Patrick M. Jr

Thu, 03 Sep 2026 18:11:00 -0400

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Form 4 ADVANCED DRAINAGE SYSTEM For: Sep 01 Filed by: EVERSOLE ROBERT M

Thu, 03 Sep 2026 18:06:00 -0400

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Buy this stock as Investor Day targets leave room for upside: Analyst

Sun, 30 Aug 2026 10:00:00 -0400

DA Davidson says that while residential construction remains weak, warehouse and office construction is perking up after several years of decline. In a recent note, firm analysts have identified a company that is set up for growth regardless of the construction cycle.

Advanced Drainage Systems (NYSE: WMS) has announced targets at its Investor Day that leave room for upside, according to them.

“Through ADS, Infiltrator, and NDS, WMS has evolved into a broader water management platform with exposure across conveyance, storage, treatment, drainage, and wastewater applications, reducing reliance on any single end market,” the analysts said in their note.

WMS is rated Buy

Buy this stock as Investor Day targets leave room for upside: Analyst

Sun, 30 Aug 2026 10:00:00 -0400

Advanced Drainage Systems (NYSE: WMS) has announced targets at its Investor Day that leave room for upside, according to them.

WMS is rated Buy

DA Davidson Starts Advanced Drainage Systems (WMS) at Buy, 'Growth Opportunities Flow Freely'

Tue, 25 Aug 2026 07:46:59 -0400

(Updated - August 25, 2026 7:46 AM EDT)

DA Davidson analyst Garik Shmois initiates coverage on Advanced Drainage Systems (NYSE: WMS) with a Buy rating, PT $190.00.

The analyst comments "We are initiating coverage of WMS with a BUY rating and $190 PT. The company’s pivot into greater stormwater and wastewater applications through Infiltrator, Allied Products, and NDS structurally reduces its exposure to HDPE pipe while increasing the overall margin profile of the company. Additionally, given the momentum from 1Q27 earnings, we see upside potential to the company’s FY27E guidance. We also think the company's Investor Day targets are conservative, as most

DA Davidson Starts Advanced Drainage Systems (WMS) at Buy, 'Growth Opportunities Flow Freely'

Tue, 25 Aug 2026 07:46:59 -0400

(Updated - August 25, 2026 7:46 AM EDT)

DA Davidson analyst Garik Shmois initiates coverage on Advanced Drainage Systems (NYSE: WMS) with a Buy rating, PT $190.00.