DRW Securities LLC Purchases New Holdings in Dycom Industries, Inc. $DY

Key Points

• DRW Securities LLC has purchased a new stake in Dycom Industries, involving 15,303 shares valued at approximately $2.33 million, representing a 0.05% ownership as per its latest SEC filing.
• In the first quarter, several institutional investors increased their positions in Dycom Industries, showing strong institutional interest, as they collectively own 98.33% of the company's shares.
• Dycom Industries' recent quarterly earnings surpassed expectations with an EPS of $3.33, exceeding analysts' estimate of $2.92, and the company projects a FY 2026 guidance EPS of 3.030-3.36.

DRW Securities LLC purchased a new stake in Dycom Industries, Inc. (NYSE:DY - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 15,303 shares of the construction company's stock, valued at approximately $2,331,000. DRW Securities LLC owned 0.05% of Dycom Industries as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. KBC Group NV increased its position in Dycom Industries by 18.9% in the 1st quarter. KBC Group NV now owns 1,443 shares of the construction company's stock valued at $220,000 after acquiring an additional 229 shares during the period. SG Americas Securities LLC acquired a new position in Dycom Industries during the 1st quarter worth approximately $342,000. Public Employees Retirement System of Ohio increased its position in Dycom Industries by 105.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 1,114 shares of the construction company's stock worth $194,000 after purchasing an additional 572 shares during the period. J. Goldman & Co LP increased its position in Dycom Industries by 25.4% during the 4th quarter. J. Goldman & Co LP now owns 90,253 shares of the construction company's stock worth $15,709,000 after purchasing an additional 18,289 shares during the period. Finally, Federated Hermes Inc. increased its position in Dycom Industries by 27.1% during the 1st quarter. Federated Hermes Inc. now owns 492 shares of the construction company's stock worth $75,000 after purchasing an additional 105 shares during the period. Institutional investors and hedge funds own 98.33% of the company's stock.

Dycom Industries Stock Performance

DY opened at $252.44 on Friday. The stock has a market cap of $7.31 billion, a P/E ratio of 28.36, a P/E/G ratio of 1.22 and a beta of 1.34. The company has a debt-to-equity ratio of 0.74, a current ratio of 3.16 and a quick ratio of 2.96. The stock's 50 day simple moving average is $258.24 and its 200 day simple moving average is $207.37. Dycom Industries, Inc. has a 1-year low of $131.37 and a 1-year high of $285.64.

Dycom Industries (NYSE:DY - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The construction company reported $3.33 earnings per share for the quarter, topping analysts' consensus estimates of $2.92 by $0.41. The business had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.41 billion. Dycom Industries had a return on equity of 21.17% and a net margin of 5.23%.The company's revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.46 EPS. 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 Ratings Changes

Several research firms have issued reports on DY. UBS Group boosted their target price on Dycom Industries from $288.00 to $296.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. KeyCorp boosted their target price on Dycom Industries from $255.00 to $295.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. JPMorgan Chase & Co. boosted their target price on Dycom Industries from $250.00 to $275.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Wells Fargo & Company boosted their target price on Dycom Industries from $250.00 to $295.00 and gave the stock an "overweight" rating in a research report on Monday, August 18th. Finally, B. Riley boosted their target price on Dycom Industries from $200.00 to $265.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Dycom Industries presently has an average rating of "Buy" and a consensus price target of $289.43.

Dycom Industries 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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