Jacobs Levy Equity Management Inc. raised its position in shares of Dycom Industries, Inc. (NYSE:DY - Free Report) by 60.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,532 shares of the construction company's stock after buying an additional 21,598 shares during the quarter. Jacobs Levy Equity Management Inc. owned about 0.20% of Dycom Industries worth $8,764,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. KBC Group NV lifted its position in Dycom Industries by 18.9% during the first quarter. KBC Group NV now owns 1,443 shares of the construction company's stock valued at $220,000 after buying an additional 229 shares during the period. SG Americas Securities LLC purchased a new position in shares of Dycom Industries in the 1st quarter worth about $342,000. Public Employees Retirement System of Ohio raised its position in shares of Dycom Industries by 105.5% in 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 last quarter. J. Goldman & Co LP raised its position in shares of Dycom Industries by 25.4% in 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 last quarter. Finally, Federated Hermes Inc. raised its position in shares of Dycom Industries by 27.1% in 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 last quarter. Hedge funds and other institutional investors own 98.33% of the company's stock.
Dycom Industries Stock Performance
Shares of Dycom Industries stock traded down $0.39 during trading hours on Friday, reaching $258.44. 276,540 shares of the stock traded hands, compared to its average volume of 463,111. The company has a 50 day moving average price of $260.17 and a 200 day moving average price of $212.85. The firm has a market capitalization of $7.48 billion, a price-to-earnings ratio of 29.04, a P/E/G ratio of 1.25 and a beta of 1.18. Dycom Industries, Inc. has a one year low of $131.37 and a one year high of $285.64. The company has a quick ratio of 2.96, a current ratio of 3.16 and a debt-to-equity ratio of 0.74.
Dycom Industries (NYSE:DY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The construction company reported $3.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 return on equity of 21.17% and a net margin of 5.23%.The firm's revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.46 EPS. Dycom Industries has set its FY 2026 guidance at EPS. Q3 2026 guidance at 3.030-3.36 EPS. On average, equities research analysts expect that Dycom Industries, Inc. will post 7.13 earnings per share for the current fiscal year.
Analyst Ratings Changes
DY has been the subject of several recent analyst reports. KeyCorp lifted their price target on Dycom Industries from $255.00 to $295.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. UBS Group lifted their price target on Dycom Industries from $288.00 to $296.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. lifted their price target on Dycom Industries from $250.00 to $275.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. B. Riley lifted their price objective on Dycom Industries from $200.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, May 23rd. Finally, Wall Street Zen upgraded Dycom Industries from a "hold" rating to a "buy" rating in a report on Friday, August 22nd. 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 stock. According to data from MarketBeat, Dycom Industries has a consensus rating of "Buy" and an average target price of $289.43.
View Our Latest Analysis on DY
Dycom Industries Profile
(
Free Report)
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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