235,806 Shares in Centuri Holdings, Inc. $CTRI Acquired by Tudor Investment Corp ET AL

Key Points

• Tudor Investment Corp initiated a new stake in Centuri (NYSE:CTRI), buying 235,806 shares worth about $4.99 million and owning roughly 0.24% of the company at quarter end.
• Several large institutions materially increased or opened positions—Vanguard boosted its holding to 8.06 million shares (up 126%), Carl Icahn to 10.85 million shares (up 69.4%), while Wellington and Samlyn established new multi‑million‑dollar positions—signaling significant institutional accumulation.
• Operational and valuation context: Centuri reported revenue up 19.7% year‑over‑year but missed EPS ( $0.17 vs. $0.20 consensus), has a market cap of $3.24B and a high PE (~139.7), and carries a consensus analyst rating of Hold with a $28.85 target.

Tudor Investment Corp ET AL bought a new position in Centuri Holdings, Inc. (NYSE:CTRI - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 235,806 shares of the company's stock, valued at approximately $4,992,000. Tudor Investment Corp ET AL owned about 0.24% of Centuri at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CTRI. Vanguard Group Inc. lifted its position in Centuri by 126.0% in the 3rd quarter. Vanguard Group Inc. now owns 8,059,743 shares of the company's stock worth $170,625,000 after buying an additional 4,493,955 shares during the last quarter. Icahn Carl C increased its stake in Centuri by 69.4% in the 3rd quarter. Icahn Carl C now owns 10,847,672 shares of the company's stock worth $229,645,000 after purchasing an additional 4,443,795 shares during the period. Wellington Management Group LLP purchased a new position in Centuri in the 3rd quarter worth approximately $78,222,000. Samlyn Capital LLC purchased a new position in Centuri in the 3rd quarter worth approximately $36,838,000. Finally, Carronade Capital Management LP increased its stake in Centuri by 125.6% in the 3rd quarter. Carronade Capital Management LP now owns 3,052,817 shares of the company's stock worth $64,628,000 after purchasing an additional 1,699,392 shares during the period.

Centuri Price Performance

CTRI opened at $32.14 on Thursday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.78 and a current ratio of 1.78. Centuri Holdings, Inc. has a 52-week low of $14.87 and a 52-week high of $32.96. The stock has a market capitalization of $3.24 billion, a PE ratio of 139.73, a price-to-earnings-growth ratio of 1.20 and a beta of 0.73. The stock's 50 day moving average price is $29.99 and its 200-day moving average price is $25.67.

Centuri (NYSE:CTRI - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.03). Centuri had a net margin of 0.76% and a return on equity of 5.09%. The business had revenue of $858.60 million for the quarter, compared to analysts' expectations of $740.62 million. During the same period last year, the firm posted $0.21 earnings per share. Centuri's quarterly revenue was up 19.7% on a year-over-year basis. On average, equities research analysts predict that Centuri Holdings, Inc. will post 0.25 EPS for the current year.

Analysts Set New Price Targets

CTRI has been the topic of a number of analyst reports. Wells Fargo & Company decreased their price target on Centuri from $34.00 to $32.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 1st. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Centuri in a research note on Friday, March 27th. Finally, Cantor Fitzgerald lifted their price target on Centuri from $35.25 to $37.40 and gave the stock an "overweight" rating in a research note on Wednesday, March 25th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Centuri presently has a consensus rating of "Hold" and a consensus target price of $28.85.

Centuri Profile

Centuri Construction Group, Inc NYSE: CTRI is a heavy civil contractor specializing in water and wastewater infrastructure projects. The company delivers end-to-end services encompassing design-build, engineering, procurement and construction for water transmission mains, wastewater force mains, treatment facilities, pump and lift stations, and stormwater management systems.

Centuri’s core offerings include pipeline installation and rehabilitation, civil sitework, earthwork, structural concrete and slope protection.

Want to see what other hedge funds are holding CTRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Centuri Holdings, Inc. (NYSE:CTRI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.