Dycom Industries, Inc. $DY Shares Acquired by Creative Planning

Creative Planning increased its holdings in Dycom Industries, Inc. (NYSE:DY) by 88.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,195 shares of the construction company’s stock after buying an additional 5,731 shares during the quarter. Creative Planning’s holdings in Dycom Industries were worth $2,980,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DY. AlphaQuest LLC bought a new stake in Dycom Industries during the 1st quarter valued at $37,000. Federated Hermes Inc. increased its holdings in shares of Dycom Industries by 27.1% during the first quarter. Federated Hermes Inc. now owns 492 shares of the construction company’s stock valued at $75,000 after purchasing an additional 105 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of Dycom Industries by 370.5% during the first quarter. Caitong International Asset Management Co. Ltd now owns 607 shares of the construction company’s stock valued at $92,000 after purchasing an additional 478 shares in the last quarter. CWM LLC lifted its holdings in Dycom Industries by 40.7% in the first quarter. CWM LLC now owns 785 shares of the construction company’s stock worth $120,000 after purchasing an additional 227 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Dycom Industries by 83.1% in the second quarter. GAMMA Investing LLC now owns 705 shares of the construction company’s stock worth $172,000 after purchasing an additional 320 shares during the period. 98.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on DY shares. Weiss Ratings restated a “buy (b)” rating on shares of Dycom Industries in a research report on Wednesday, October 8th. Zacks Research upgraded shares of Dycom Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. Wall Street Zen upgraded Dycom Industries from a “buy” rating to a “strong-buy” rating in a research report on Sunday. Wells Fargo & Company increased their price target on Dycom Industries from $315.00 to $360.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. boosted their price objective on Dycom Industries from $275.00 to $370.00 and gave the stock an “overweight” rating in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, Dycom Industries currently has an average rating of “Buy” and a consensus target price of $371.25.

Dycom Industries Trading Up 1.0%

Shares of NYSE:DY opened at $326.69 on Monday. 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 stock has a market capitalization of $9.46 billion, a price-to-earnings ratio of 36.71, a PEG ratio of 1.38 and a beta of 1.23. Dycom Industries, Inc. has a 1-year low of $131.37 and a 1-year high of $350.87. The company has a 50 day moving average price of $288.11 and a 200 day moving average price of $259.91.

Dycom Industries (NYSE:DY) last announced its quarterly earnings data on Wednesday, November 19th. The construction company reported $3.63 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.48. The company had revenue of $1.45 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 company’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.68 EPS. Dycom Industries has set its Q4 2026 guidance at 1.620-1.970 EPS. FY 2026 guidance at EPS. On average, research analysts anticipate that Dycom Industries, Inc. will post 7.13 EPS for the current fiscal year.

Dycom Industries 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.