FLC Capital Advisors Acquires New Holdings in Dycom Industries, Inc. $DY

FLC Capital Advisors acquired a new position in Dycom Industries, Inc. (NYSE:DY) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,137 shares of the construction company’s stock, valued at approximately $278,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DY. SG Americas Securities LLC bought a new stake in shares of Dycom Industries during the 1st quarter worth about $342,000. Harbour Capital Advisors LLC increased its stake in shares of Dycom Industries by 57.3% during the first quarter. Harbour Capital Advisors LLC now owns 6,725 shares of the construction company’s stock valued at $995,000 after acquiring an additional 2,450 shares during the period. Illinois Municipal Retirement Fund raised its holdings in Dycom Industries by 2.9% during the first quarter. Illinois Municipal Retirement Fund now owns 16,106 shares of the construction company’s stock worth $2,454,000 after purchasing an additional 458 shares in the last quarter. KBC Group NV raised its holdings in Dycom Industries by 18.9% during the first quarter. KBC Group NV now owns 1,443 shares of the construction company’s stock worth $220,000 after purchasing an additional 229 shares in the last quarter. Finally, Peregrine Capital Management LLC lifted its position in Dycom Industries by 3.3% in the first quarter. Peregrine Capital Management LLC now owns 57,082 shares of the construction company’s stock worth $8,696,000 after purchasing an additional 1,846 shares during the period. Institutional investors own 98.33% of the company’s stock.

Dycom Industries Stock Performance

Shares of NYSE DY opened at $292.42 on Monday. Dycom Industries, Inc. has a 52-week low of $131.37 and a 52-week high of $301.88. The stock has a market capitalization of $8.47 billion, a price-to-earnings ratio of 32.86, a PEG ratio of 1.40 and a beta of 1.15. The company has a quick ratio of 2.96, a current ratio of 3.16 and a debt-to-equity ratio of 0.74. The stock’s fifty day simple moving average is $271.52 and its 200 day simple moving average is $235.89.

Dycom Industries (NYSE:DY) last released 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 business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.41 billion. Dycom Industries had a return on equity of 21.17% and a net margin of 5.23%.Dycom Industries’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter 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. As a group, sell-side analysts forecast that Dycom Industries, Inc. will post 7.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. KeyCorp lifted their price target on Dycom Industries from $255.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, July 16th. UBS Group raised their target price on Dycom Industries from $296.00 to $336.00 and gave the company a “buy” rating in a research note on Monday, October 13th. DA Davidson lifted their target price on Dycom Industries from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Bank of America upped their price target on shares of Dycom Industries from $299.00 to $310.00 and gave the company a “buy” rating in a report on Monday, September 29th. Finally, Zacks Research upgraded shares of Dycom Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Two analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $298.25.

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.