Astec Industries Ownership

ASTE Stock  USD 43.71  0.24  0.55%   
Astec Industries holds a total of 22.74 Million outstanding shares. The majority of Astec Industries outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Astec Industries to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Astec Industries. Please pay attention to any change in the institutional holdings of Astec Industries as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
1985-09-30
Previous Quarter
22.7 M
Current Value
22.8 M
Avarage Shares Outstanding
20 M
Quarterly Volatility
3.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Astec Industries in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Astec Industries, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
The current year's Dividend Payout Ratio is expected to grow to 0.37, whereas Dividends Paid is projected to grow to (11.2 M). As of March 28, 2024, Common Stock Shares Outstanding is expected to decline to about 21.9 M. The current year's Net Loss is expected to grow to about (85.5 K).
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.

Astec Stock Ownership Analysis

About 94.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.47. Some equities with similar Price to Book (P/B) outperform the market in the long run. Astec Industries has Price/Earnings To Growth (PEG) ratio of 2.6. The entity last dividend was issued on the 8th of March 2024. The firm had 2:1 split on the 19th of January 1999. Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. Astec Industries, Inc. was incorporated in 1972 and is headquartered in Chattanooga, Tennessee. Astec Inds operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 4041 people. For more info on Astec Industries please contact Benjamin Brock at 423 899 5898 or go to https://www.astecindustries.com.
Besides selling stocks to institutional investors, Astec Industries also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Astec Industries' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Astec Industries' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Astec Industries Quarterly Liabilities And Stockholders Equity

1.06 Billion

Astec Industries Insider Trades History

Only 1.32% of Astec Industries are currently held by insiders. Unlike Astec Industries' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Astec Industries' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Astec Industries' insider trades
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Astec Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Astec Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Astec Industries backward and forwards among themselves. Astec Industries' institutional investor refers to the entity that pools money to purchase Astec Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2023-12-31
510.8 K
Bank Of New York Mellon Corp2023-12-31
452.7 K
Mirae Asset Global Investments (korea) Co Ltd2023-12-31
377.7 K
Charles Schwab Investment Management Inc2023-12-31
369.2 K
Ameriprise Financial Inc2023-12-31
267.9 K
First Trust Advisors L.p.2023-12-31
238.7 K
Northern Trust Corp2023-12-31
238.5 K
Arnhold & S. Bleichroeder Advisers, Llc2023-12-31
222.3 K
Heartland Advisors Inc2023-12-31
182.8 K
Blackrock Inc2023-12-31
4.2 M
Vanguard Group Inc2023-12-31
2.6 M
Note, although Astec Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Astec Industries Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Astec Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Astec Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Astec Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Astec Industries Corporate Filings

12th of March 2024
Other Reports
ViewVerify
8K
7th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
29th of February 2024
Other Reports
ViewVerify
13A
13th of February 2024
An amended filing to the original Schedule 13G
ViewVerify

Pair Trading with Astec Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astec Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astec Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Astec Stock

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The ability to find closely correlated positions to Astec Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astec Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astec Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astec Industries to buy it.
The correlation of Astec Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astec Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astec Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astec Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Astec Industries is a strong investment it is important to analyze Astec Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Astec Industries' future performance. For an informed investment choice regarding Astec Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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Is Astec Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astec Industries. If investors know Astec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astec Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.945
Dividend Share
0.52
Earnings Share
1.47
Revenue Per Share
58.9
Quarterly Revenue Growth
(0.04)
The market value of Astec Industries is measured differently than its book value, which is the value of Astec that is recorded on the company's balance sheet. Investors also form their own opinion of Astec Industries' value that differs from its market value or its book value, called intrinsic value, which is Astec Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astec Industries' market value can be influenced by many factors that don't directly affect Astec Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astec Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astec Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.