Rep. Julia Letlow Purchases Shares of Dycom Industries, Inc. (NYSE:DY)

Representative Julia Letlow (Republican-Louisiana) recently bought shares of Dycom Industries, Inc. (NYSE:DY). In a filing disclosed on January 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Dycom Industries stock on September 22nd. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Pinterest (NYSE:PINS) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Warner Bros. Discovery (NASDAQ:WBD) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of Mettler-Toledo International (NYSE:MTD) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of Icon Energy (NASDAQ:ICON) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 12/8/2025.
• Purchased $1,001 – $15,000 in shares of AstraZeneca (NASDAQ:AZN) on 12/8/2025.

Dycom Industries Trading Up 0.8%

NYSE:DY opened at $363.03 on Wednesday. The company has a market capitalization of $10.51 billion, a PE ratio of 37.82, a P/E/G ratio of 1.19 and a beta of 1.34. Dycom Industries, Inc. has a 52-week low of $131.37 and a 52-week high of $445.52. The stock’s 50 day moving average price is $383.08 and its 200 day moving average price is $329.63. 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 quarterly earnings results on Wednesday, March 4th. The construction company reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.12. Dycom Industries had a net margin of 5.07% and a return on equity of 21.77%. The firm had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the prior year, the business earned $1.17 EPS. Dycom Industries’s quarterly 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. On average, research analysts anticipate that Dycom Industries, Inc. will post 7.13 EPS for the current year.

Insider Buying and Selling at Dycom Industries

In other news, Director Eitan Gertel sold 3,645 shares of the company’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $345.62, for a total transaction of $1,259,784.90. Following the completion of the sale, the director directly owned 15,997 shares in the company, valued at $5,528,883.14. This represents a 18.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 3.72% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Hsbc Holdings PLC lifted its stake in shares of Dycom Industries by 1.8% during the 4th quarter. Hsbc Holdings PLC now owns 4,298 shares of the construction company’s stock worth $1,467,000 after purchasing an additional 78 shares during the period. Tulsa Wealth Advisors INC acquired a new position in Dycom Industries in the fourth quarter valued at $553,000. Mariner Investment Group LLC purchased a new position in Dycom Industries during the fourth quarter worth about $1,014,000. Pacer Advisors Inc. acquired a new stake in Dycom Industries in the 4th quarter worth about $1,150,000. Finally, Virtu Financial LLC purchased a new stake in Dycom Industries in the 4th quarter valued at about $2,634,000. 98.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DY has been the topic of several recent analyst reports. Guggenheim initiated coverage on shares of Dycom Industries in a research report on Thursday, January 22nd. They set a “buy” rating and a $510.00 target price on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Dycom Industries in a research note on Wednesday, January 21st. Wall Street Zen cut Dycom Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday. Zacks Research downgraded Dycom Industries from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. Finally, Bank of America upped their target price on Dycom Industries from $365.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $431.64.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

Dycom Industries Company 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.