Harbour Capital Advisors LLC Grows 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 boosted its holdings in shares of Dycom Industries, Inc. (NYSE:DY - Free Report) by 28.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,665 shares of the construction company's stock after acquiring an additional 1,940 shares during the quarter. Harbour Capital Advisors LLC's holdings in Dycom Industries were worth $2,142,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of DY. Versant Capital Management Inc bought a new stake in Dycom Industries during the 1st quarter worth about $28,000. AlphaQuest LLC bought a new stake in Dycom Industries in the 1st quarter valued at $37,000. Federated Hermes Inc. increased its position in shares of Dycom Industries by 27.1% in the first 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. Caitong International Asset Management Co. Ltd boosted its stake in Dycom Industries by 370.5% in the first quarter. Caitong International Asset Management Co. Ltd now owns 607 shares of the construction company's stock valued at $92,000 after buying an additional 478 shares in the last quarter. Finally, Archer Investment Corp acquired a new stake in shares of Dycom Industries during the first quarter valued at about $99,000. Institutional investors and hedge funds own 98.33% of the company's stock.

Analysts Set New Price Targets

DY has been the subject of several recent research reports. Raymond James Financial boosted their price objective on Dycom Industries from $290.00 to $300.00 and gave the company a "strong-buy" rating in a report on Thursday, August 21st. Zacks Research upgraded Dycom Industries to a "hold" rating in a research report on Monday, August 11th. UBS Group raised their target price on Dycom Industries from $288.00 to $296.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. KeyCorp lifted their price objective on Dycom Industries from $255.00 to $295.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. Finally, 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. One research 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 company. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $289.43.

Dycom Industries Trading Down 0.0%

Shares of NYSE DY traded down $0.05 during midday trading on Tuesday, reaching $281.09. 319,383 shares of the stock were exchanged, compared to its average volume of 436,311. Dycom Industries, Inc. has a twelve month low of $131.37 and a twelve month high of $285.64. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.96 and a current ratio of 3.16. The company has a 50 day simple moving average of $261.80 and a 200 day simple moving average of $217.93. The stock has a market capitalization of $8.14 billion, a P/E ratio of 31.57, a PEG ratio of 1.29 and a beta of 1.18.

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

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.