Harbour Capital Advisors LLC Has $2.14 Million Holdings in Dycom Industries, Inc. $DY

Key Points

• Harbour Capital Advisors LLC increased its stake in Dycom Industries by 28.8%, acquiring 1,940 additional shares, bringing its total holdings to 8,665 shares valued at $2.14 million.
• Several hedge funds, including Lazard Asset Management and Tidal Investments LLC, significantly boosted their positions in Dycom Industries, highlighting strong institutional interest with 98.33% of the company's stock owned by such investors.
• Dycom Industries reported a quarterly EPS of $3.33, surpassing analyst expectations, and has set a fiscal year 2026 guidance indicating growth potential in its financial performance.

Harbour Capital Advisors LLC lifted its stake in Dycom Industries, Inc. (NYSE:DY - Free Report) by 28.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,665 shares of the construction company's stock after purchasing an additional 1,940 shares during the quarter. Harbour Capital Advisors LLC's holdings in Dycom Industries were worth $2,142,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Dycom Industries in the 2nd quarter valued at $288,000. Radnor Capital Management LLC boosted its position in Dycom Industries by 2.8% during the 2nd quarter. Radnor Capital Management LLC now owns 15,735 shares of the construction company's stock worth $3,845,000 after acquiring an additional 425 shares during the period. First Bank & Trust boosted its position in Dycom Industries by 9.8% during the 2nd quarter. First Bank & Trust now owns 2,097 shares of the construction company's stock worth $512,000 after acquiring an additional 188 shares during the period. Somerset Trust Co boosted its position in Dycom Industries by 1.8% during the 2nd quarter. Somerset Trust Co now owns 6,059 shares of the construction company's stock worth $1,481,000 after acquiring an additional 110 shares during the period. Finally, Voya Investment Management LLC boosted its position in Dycom Industries by 1,432.2% during the 1st quarter. Voya Investment Management LLC now owns 144,883 shares of the construction company's stock worth $22,071,000 after acquiring an additional 135,427 shares during the period. Institutional investors and hedge funds own 98.33% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Wells Fargo & Company raised their price objective on Dycom Industries from $250.00 to $295.00 and gave the stock an "overweight" rating in a research report on Monday, August 18th. DA Davidson raised their price objective on Dycom Industries from $265.00 to $300.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. UBS Group raised their price objective on Dycom Industries from $288.00 to $296.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Zacks Research upgraded Dycom Industries to a "hold" rating in a research report on Monday, August 11th. Finally, Wall Street Zen raised Dycom Industries from a "hold" rating to a "buy" rating in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $289.43.

Dycom Industries Stock Performance

NYSE DY traded down $1.00 during trading on Friday, hitting $269.71. The company's stock had a trading volume of 586,338 shares, compared to its average volume of 371,724. 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 firm has a 50 day moving average price of $261.25 and a 200 day moving average price of $216.95. The firm has a market cap of $7.81 billion, a P/E ratio of 30.30, a price-to-earnings-growth ratio of 1.29 and a beta of 1.18. Dycom Industries, Inc. has a 52 week low of $131.37 and a 52 week high of $285.64.

Dycom Industries (NYSE:DY - Get Free Report) last issued its quarterly 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. Dycom Industries had a return on equity of 21.17% and a net margin of 5.23%.The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the business posted $2.46 EPS. The company's revenue for the quarter was up 14.5% on a year-over-year basis. Dycom Industries has set its FY 2026 guidance at EPS. Q3 2026 guidance at 3.030-3.36 EPS. Equities research analysts forecast that Dycom Industries, Inc. will post 7.13 earnings per share for the current fiscal year.

About Dycom Industries

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.