Vanguard Personalized Indexing Management LLC Invests $435,000 in Dycom Industries, Inc. $DY

Key Points

• Vanguard Personalized Indexing Management LLC invested approximately $435,000 in Dycom Industries, purchasing 1,778 shares in the second quarter.
• Dycom Industries has received recent upgrades from several analysts, with target prices raised by Bank of America and DA Davidson to $310.00 and $300.00, respectively, both maintaining a "buy" rating.
• Shares of Dycom Industries have seen fluctuations, currently trading at $279.81, with a market capitalization of $8.10 billion and a reported EPS of $3.33 for the latest quarter.

Vanguard Personalized Indexing Management LLC purchased a new position in shares of Dycom Industries, Inc. (NYSE:DY - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,778 shares of the construction company's stock, valued at approximately $435,000.

Several other hedge funds have also recently made changes to their positions in DY. SG Americas Securities LLC acquired a new position in shares of Dycom Industries in the 1st quarter valued at $342,000. Illinois Municipal Retirement Fund increased its position in shares of Dycom Industries by 2.9% in the 1st quarter. Illinois Municipal Retirement Fund now owns 16,106 shares of the construction company's stock valued at $2,454,000 after acquiring an additional 458 shares during the period. KBC Group NV increased its position in shares of 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. Peregrine Capital Management LLC increased its position in shares of Dycom Industries by 3.3% in the 1st quarter. Peregrine Capital Management LLC now owns 57,082 shares of the construction company's stock valued at $8,696,000 after acquiring an additional 1,846 shares during the period. Finally, Applied Fundamental Research LLC increased its position in shares of Dycom Industries by 48.0% in the 1st quarter. Applied Fundamental Research LLC now owns 75,526 shares of the construction company's stock valued at $11,506,000 after acquiring an additional 24,495 shares during the period. 98.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DY has been the topic of several research reports. Bank of America upped their target price on Dycom Industries from $299.00 to $310.00 and gave the company a "buy" rating in a research report on Monday, September 29th. DA Davidson upped their target price on Dycom Industries from $265.00 to $300.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Weiss Ratings reissued a "buy (b)" rating on shares of Dycom Industries in a research report on Wednesday, October 8th. Zacks Research raised Dycom Industries from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 15th. Finally, Wall Street Zen raised shares of Dycom Industries from a "hold" rating to a "buy" rating in a report on Friday, August 22nd. Two research analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $301.38.

Dycom Industries Trading Down 3.6%

Shares of Dycom Industries stock opened at $279.81 on Thursday. The firm has a market capitalization of $8.10 billion, a PE ratio of 31.44, a P/E/G ratio of 1.38 and a beta of 1.15. Dycom Industries, Inc. has a twelve month low of $131.37 and a twelve month high of $301.88. The firm's 50-day moving average price is $272.26 and its 200 day moving average price is $237.65. The company has a current ratio of 3.16, a quick ratio of 2.96 and a debt-to-equity ratio of 0.74.

Dycom Industries (NYSE:DY - Get Free Report) last issued its quarterly earnings results on Wednesday, August 20th. The construction company reported $3.33 earnings per share for the quarter, beating analysts' consensus estimates of $2.92 by $0.41. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.41 billion. Dycom Industries had a net margin of 5.23% and a return on equity of 21.17%. Dycom Industries's quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last 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, sell-side analysts predict that Dycom Industries, Inc. will post 7.13 EPS for the current fiscal 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.

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