9,866 Shares in Dycom Industries, Inc. $DY Purchased by Quadrature Capital Ltd

Quadrature Capital Ltd purchased a new stake in shares of Dycom Industries, Inc. (NYSE:DY) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,866 shares of the construction company’s stock, valued at approximately $2,414,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Hsbc Holdings PLC grew its position in shares of Dycom Industries by 60.6% in the 2nd quarter. Hsbc Holdings PLC now owns 14,072 shares of the construction company’s stock worth $3,470,000 after buying an additional 5,309 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Dycom Industries by 1.0% during the second quarter. Quadrant Capital Group LLC now owns 4,492 shares of the construction company’s stock valued at $1,098,000 after acquiring an additional 46 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Dycom Industries by 16.5% in the second quarter. Russell Investments Group Ltd. now owns 27,968 shares of the construction company’s stock worth $6,836,000 after acquiring an additional 3,956 shares during the period. XTX Topco Ltd boosted its holdings in Dycom Industries by 72.7% in the second quarter. XTX Topco Ltd now owns 3,465 shares of the construction company’s stock valued at $847,000 after acquiring an additional 1,459 shares in the last quarter. Finally, Prudential Financial Inc. increased its position in Dycom Industries by 4.7% during the 2nd quarter. Prudential Financial Inc. now owns 29,961 shares of the construction company’s stock valued at $7,322,000 after purchasing an additional 1,346 shares during the period. Hedge funds and other institutional investors own 98.33% of the company’s stock.

Dycom Industries Trading Up 2.9%

NYSE:DY opened at $365.42 on Friday. The firm has a market capitalization of $10.58 billion, a P/E ratio of 41.06, a PEG ratio of 1.38 and a beta of 1.23. The company has a debt-to-equity ratio of 0.74, a current ratio of 3.16 and a quick ratio of 2.96. Dycom Industries, Inc. has a one year low of $131.37 and a one year high of $364.40. The company’s 50-day simple moving average is $297.19 and its 200 day simple moving average is $265.11.

Dycom Industries (NYSE:DY) last announced its earnings results on Wednesday, November 19th. The construction company reported $3.63 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.48. Dycom Industries had a net margin of 5.23% and a return on equity of 21.17%. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter last year, the firm earned $2.68 earnings per share. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. Dycom Industries has set its Q4 2026 guidance at 1.620-1.970 EPS. FY 2026 guidance at EPS. As a group, analysts forecast that Dycom Industries, Inc. will post 7.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on DY. UBS Group upped their price objective on shares of Dycom Industries from $336.00 to $373.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Zacks Research upgraded shares of Dycom Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. B. Riley raised their price objective on shares of Dycom Industries from $320.00 to $420.00 and gave the stock a “buy” rating in a report on Friday, November 21st. Bank of America lifted their price objective on Dycom Industries from $310.00 to $365.00 and gave the company a “buy” rating in a research report on Friday, November 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Dycom Industries in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company’s stock. According to MarketBeat.com, Dycom Industries currently has an average rating of “Buy” and an average price target of $371.25.

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.