Astec Industries (ASTE)

• Market cap: $753M
• 1 day: -3.72%
• 5 days: -4.03%
• 1 month: -7.66%
• 3 months: -6.30%
• 6 months: 4.02%
• Year to date: 0.34%
• 1 year: -23.40%
• 5 years: -11.08%
• 10 years: -22.87%
• Sector: Industrials
• Industry: Farm & Heavy Construction Machinery

About: Astec Industries Inc designs and manufactures equipment and components used in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. It has two operating segments: infrastructure solutions generating maximum revenue and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.

Employees: 4,322

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

6% more capital invested

Capital invested by funds: $691M [Q3] → $731M (+$39.9M) [Q4]

9% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 55

0.4% more ownership

Funds ownership: 95.02% [Q3] → 95.42% (+0.4%) [Q4]

0% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 19

2% less funds holding

Funds holding: 173 [Q3] → 170 (-3) [Q4]

78% less call options, than puts

Call options by funds: $175K | Put options by funds: $806K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $41 25% upside
• Avg. target: $41 25% upside
• High target: $41 25% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Baird Mircea Dobre 13% 1-year accuracy 2 / 15 met price target

25% upside $41

Neutral Maintained

27 Feb 2025