Dycom Industries, Inc. $DY Shares Bought by American Century Companies Inc.

American Century Companies Inc. boosted its holdings in shares of Dycom Industries, Inc. (NYSE:DY) by 58.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 97,801 shares of the construction company’s stock after purchasing an additional 36,074 shares during the period. American Century Companies Inc. owned approximately 0.34% of Dycom Industries worth $28,534,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in DY. Root Financial Partners LLC acquired a new position in Dycom Industries in the third quarter worth approximately $26,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Dycom Industries in the second quarter valued at $32,000. Optiver Holding B.V. lifted its position in shares of Dycom Industries by 57.1% during the 3rd quarter. Optiver Holding B.V. now owns 110 shares of the construction company’s stock valued at $32,000 after acquiring an additional 40 shares during the last quarter. Salomon & Ludwin LLC bought a new stake in shares of Dycom Industries during the 3rd quarter worth $37,000. Finally, UMB Bank n.a. boosted its stake in shares of Dycom Industries by 57.3% during the 3rd quarter. UMB Bank n.a. now owns 129 shares of the construction company’s stock worth $38,000 after acquiring an additional 47 shares in the last quarter. 98.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DY. JPMorgan Chase & Co. boosted their target price on Dycom Industries from $395.00 to $415.00 and gave the stock an “overweight” rating in a research report on Thursday. Zacks Research lowered Dycom Industries from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. DA Davidson lifted their price target on Dycom Industries from $300.00 to $390.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Guggenheim started coverage on Dycom Industries in a report on Thursday, January 22nd. They set a “buy” rating and a $510.00 price objective on the stock. Finally, KeyCorp upped their price objective on shares of Dycom Industries from $426.00 to $482.00 and gave the company an “overweight” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $431.20.

Insider Transactions at Dycom Industries

In related news, Director Eitan Gertel sold 3,645 shares of the stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $345.62, for a total value of $1,259,784.90. Following the completion of the sale, the director directly owned 15,997 shares of the company’s stock, valued at approximately $5,528,883.14. This represents a 18.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.72% of the company’s stock.

Dycom Industries Price Performance

Shares of NYSE:DY opened at $357.34 on Monday. The company’s fifty day moving average is $382.34 and its two-hundred day moving average is $328.20. The company has a market cap of $10.35 billion, a P/E ratio of 37.22, a price-to-earnings-growth ratio of 1.22 and a beta of 1.34. Dycom Industries, Inc. has a 12-month low of $131.37 and a 12-month high of $445.52. The company has a quick ratio of 2.61, a current ratio of 2.74 and a debt-to-equity ratio of 1.51.

Dycom Industries (NYSE:DY) last issued its earnings results on Wednesday, March 4th. The construction company reported $2.03 EPS for the quarter, topping the consensus estimate of $1.91 by $0.12. Dycom Industries had a return on equity of 21.77% and a net margin of 5.07%.The business had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter last year, the firm posted $1.17 earnings per share. Dycom Industries’s revenue was up 34.4% compared to the same quarter last year. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. Equities analysts expect that Dycom Industries, Inc. will post 7.13 earnings per share for the current fiscal year.

Key Headlines Impacting Dycom Industries

Here are the key news stories impacting Dycom Industries this week:

• Positive Sentiment: Multiple broker upgrades and higher targets — B. Riley raised its target to $485 (buy), KeyCorp raised its target to $482 (overweight) and JPMorgan boosted its target to $415 (overweight), signaling analyst conviction in continued growth upside. Benzinga
• Positive Sentiment: Q4 results topped expectations: Dycom reported record contract revenue, adjusted earnings and adjusted EBITDA above consensus, and reiterated a strong growth outlook in the earnings call — fundamental beats underpin the bullish analyst moves. Earnings Call Summary
• Neutral Sentiment: Brokerage consensus remains constructive but measured — services aggregators show a “Moderate Buy” consensus, reflecting optimism tempered by valuation and execution risk. Consensus Article
• Neutral Sentiment: Earnings materials and presentation released for Q4 provide additional detail on backlog, margins and guidance — useful for investors evaluating revenue mix and margin cadence. Earnings Presentation
• Negative Sentiment: Market reaction: some outlets note the stock moved lower despite the beats — suggesting profit-taking and short-term investor concern about near-term valuation after a recent run-up. Zacks

Dycom Industries Profile

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.