Astec Industries, Inc. (ASTE)

Over the past six months, Astec Industries' stock has increased by 29.62%. Key events impacting the stock include the Q1 2025 earnings report in May 2024, where Astec reported adjusted earnings per share of $0.34, missing analysts' estimates, and revenue also decreased, leading to a 3% drop in shares. Astec completed the acquisition of TerraSource Holdings, LLC for $245 million in cash on July 1, 2025, which is anticipated to increase gross profit margins, adjusted EBITDA margins, and earnings per share. The Q2 2025 earnings report on August 6, 2025, showed an adjusted EPS of $0.88, exceeding analysts' expectations, but revenue fell short, causing the stock to plummet 5.64%. The Board of Directors declared a quarterly dividend of $0.13 per share on October 27, 2025.

The demand for Astec Industries' products and services can fluctuate due to the timing of customer orders and shipments. Demand is influenced by weather conditions and construction seasons, with higher demand during warmer months and potentially lower demand during colder or wetter periods.

Astec Industries designs, engineers, manufactures, and markets a wide array of equipment, operating through Infrastructure Solutions and Materials Solutions segments. The Infrastructure Solutions segment focuses on road building equipment, while the Materials Solutions segment provides heavy rock processing equipment. Astec manufactures over 100 products for a global customer base.

Astec Industries has a significant global presence with Infrastructure Solutions manufacturing primarily in the United States and Canada. Materials Solutions manufacturing is mainly in the United States, Brazil, Canada, South Africa, and the United Kingdom. Additionally, the company has locations in Australia, Chile, and Thailand that focus on marketing, servicing, installing equipment, and providing parts. The majority of Astec's sales are derived from the United States, with international sales also contributing to its revenue.

Astec Industries has maintained a positive brand reputation, characterized by favorable customer sentiment. The company is recognized as a trusted source for high-quality solutions and has strong global brand recognition. Astec emphasizes its commitment to innovation and customer service.

Astec Industries' ownership structure includes institutional, insider, and retail investors. Institutional investors hold approximately 66.36% of the company's stock, 1.27% is held by insiders, and 32.37% is held by public companies and individual investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and Victory Capital Management Inc. Notable individual insider shareholders include J. Don Brock and Jeffrey L. Et Al Gendell.