Dycom Industries, Inc. $DY Shares Sold by Vanguard Group Inc.

Key Points

• Vanguard Group trimmed its stake in Dycom by 9.0% in Q4, selling 271,950 shares; it still holds 2,739,704 shares (≈9.46% of the company) valued at about $925.7 million.
• Dycom beat expectations in its latest quarter with EPS of $2.03 versus $1.91 expected and revenue of $1.46 billion (up 34.4% year‑over‑year).
• Analysts are broadly positive—MarketBeat shows an average rating of Buy (1 Strong Buy, 11 Buy, 1 Hold) and an average target of $431.64—while the stock trades at a $12.98 billion market cap and a PE of 45.04.

Vanguard Group Inc. trimmed its holdings in shares of Dycom Industries, Inc. (NYSE:DY - Free Report) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,739,704 shares of the construction company's stock after selling 271,950 shares during the period. Vanguard Group Inc. owned approximately 9.46% of Dycom Industries worth $925,746,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of DY. Root Financial Partners LLC acquired a new stake in Dycom Industries during the 3rd quarter valued at approximately $26,000. Optiver Holding B.V. boosted its holdings in Dycom Industries by 57.1% during the third quarter. Optiver Holding B.V. now owns 110 shares of the construction company's stock worth $32,000 after buying an additional 40 shares in the last quarter. Sound Income Strategies LLC purchased a new stake in Dycom Industries during the fourth quarter worth $32,000. CI Investments Inc. boosted its holdings in Dycom Industries by 259.4% during the third quarter. CI Investments Inc. now owns 115 shares of the construction company's stock worth $34,000 after buying an additional 83 shares in the last quarter. Finally, Salomon & Ludwin LLC purchased a new stake in Dycom Industries during the third quarter worth $37,000. 98.33% of the stock is currently owned by institutional investors and hedge funds.

Dycom Industries Stock Performance

NYSE:DY opened at $432.41 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.61 and a current ratio of 2.74. The company has a fifty day moving average of $380.17 and a two-hundred day moving average of $355.97. The stock has a market capitalization of $12.98 billion, a PE ratio of 45.04, a P/E/G ratio of 1.00 and a beta of 1.46. Dycom Industries, Inc. has a fifty-two week low of $177.27 and a fifty-two week high of $445.52.

Dycom Industries (NYSE:DY - Get Free Report) last posted its quarterly earnings data on Wednesday, March 4th. The construction company reported $2.03 earnings per share for the quarter, topping analysts' consensus estimates of $1.91 by $0.12. The company had revenue of $1.46 billion during the quarter, compared to analysts' expectations of $1.34 billion. Dycom Industries had a net margin of 5.07% and a return on equity of 21.77%. The firm's revenue for the quarter was up 34.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.17 earnings per share. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. As a group, research analysts forecast that Dycom Industries, Inc. will post 12.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Zacks Research raised shares of Dycom Industries from a "strong sell" rating to a "hold" rating in a report on Monday, April 6th. KeyCorp increased their price target on shares of Dycom Industries from $426.00 to $482.00 and gave the stock an "overweight" rating in a report on Thursday, March 5th. Guggenheim assumed coverage on shares of Dycom Industries in a report on Thursday, January 22nd. They set a "buy" rating and a $510.00 price target on the stock. Weiss Ratings reissued a "buy (b)" rating on shares of Dycom Industries in a report on Wednesday, January 21st. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $436.00 price target on shares of Dycom Industries in a report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Dycom Industries presently has an average rating of "Buy" and an average target price of $431.64.

About Dycom Industries

Dycom Industries, Inc NYSE: DY is a leading provider of specialty contracting services to the telecommunications industry in North America. The company delivers engineering, construction, installation and maintenance solutions for communications infrastructure, supporting a broad range of network technologies and system architectures. Dycom's services span outside plant construction, cable placement, fiber optic deployment, wireless and wireline network engineering, as well as testing and turn-up services for voice, data and video applications.

Dycom's customer base includes major telecommunications carriers, cable operators, utility companies and competitive local exchange carriers.

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