2,834 Shares in Dycom Industries, Inc. $DY Acquired by 111 Capital

Key Points

• 111 Capital has purchased a new stake in Dycom Industries, acquiring 2,834 shares valued at approximately $693,000 during the second quarter.
• Dycom Industries reported an EPS of $3.33 for the last quarter, exceeding expectations and marking a 14.5% revenue increase year-over-year.
• Analyst ratings for Dycom Industries are predominantly positive, with a consensus target price of $293.25 and several upgrades from firms like Wells Fargo and UBS Group.

111 Capital purchased a new stake in shares of Dycom Industries, Inc. (NYSE:DY - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,834 shares of the construction company's stock, valued at approximately $693,000.

A number of other large investors have also made changes to their positions in DY. Versant Capital Management Inc acquired a new stake in shares of Dycom Industries during the first quarter valued at approximately $28,000. AlphaQuest LLC acquired a new stake in shares of Dycom Industries during the first quarter valued at approximately $37,000. Federated Hermes Inc. raised its holdings in shares of Dycom Industries by 27.1% during the first quarter. Federated Hermes Inc. now owns 492 shares of the construction company's stock valued at $75,000 after acquiring an additional 105 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in shares of Dycom Industries by 370.5% during the first quarter. Caitong International Asset Management Co. Ltd now owns 607 shares of the construction company's stock valued at $92,000 after acquiring an additional 478 shares during the period. Finally, Archer Investment Corp acquired a new stake in shares of Dycom Industries during the first quarter valued at approximately $99,000. Institutional investors and hedge funds own 98.33% of the company's stock.

Dycom Industries Stock Performance

DY stock opened at $286.58 on Friday. The company has a quick ratio of 2.96, a current ratio of 3.16 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $8.30 billion, a price-to-earnings ratio of 32.20, a P/E/G ratio of 1.37 and a beta of 1.15. Dycom Industries, Inc. has a 12 month low of $131.37 and a 12 month high of $300.00. The firm has a 50 day moving average of $267.07 and a two-hundred day moving average of $225.95.

Dycom Industries (NYSE:DY - Get Free Report) last posted its earnings results on Wednesday, August 20th. The construction company reported $3.33 EPS for the quarter, topping the consensus estimate of $2.92 by $0.41. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.41 billion. Dycom Industries had a net margin of 5.23% and a return on equity of 21.17%. The company's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.46 earnings per share. Dycom Industries has set its FY 2026 guidance at EPS. Q3 2026 guidance at 3.030-3.36 EPS. As a group, equities analysts anticipate that Dycom Industries, Inc. will post 7.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DY has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price target on shares of Dycom Industries from $295.00 to $305.00 and gave the company an "overweight" rating in a report on Friday, September 26th. UBS Group boosted their price objective on shares of Dycom Industries from $288.00 to $296.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. KeyCorp boosted their price objective on shares of Dycom Industries from $255.00 to $295.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. DA Davidson boosted their price objective on shares of Dycom Industries from $265.00 to $300.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Dycom Industries in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $293.25.

Dycom Industries Company Profile

Dycom Industries, Inc provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.

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