Trek Financial LLC Acquires New Stake in Dycom Industries, Inc. $DY

Trek Financial LLC acquired a new stake in shares of Dycom Industries, Inc. (NYSE:DY) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 9,784 shares of the construction company’s stock, valued at approximately $3,306,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. First Bank & Trust increased its position in Dycom Industries by 1.6% during the 4th quarter. First Bank & Trust now owns 2,106 shares of the construction company’s stock valued at $712,000 after buying an additional 33 shares in the last quarter. CWM LLC increased its position in Dycom Industries by 1.9% during the 4th quarter. CWM LLC now owns 1,956 shares of the construction company’s stock valued at $661,000 after buying an additional 36 shares in the last quarter. Optiver Holding B.V. increased its position in 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 buying an additional 40 shares in the last quarter. UMB Bank n.a. increased its position in Dycom Industries by 57.3% during the 3rd quarter. UMB Bank n.a. now owns 129 shares of the construction company’s stock valued at $38,000 after buying an additional 47 shares in the last quarter. Finally, Archer Investment Corp increased its holdings in shares of Dycom Industries by 7.1% in the 3rd quarter. Archer Investment Corp now owns 739 shares of the construction company’s stock worth $216,000 after purchasing an additional 49 shares in the last quarter. Institutional investors own 98.33% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the company. UBS Group set a $475.00 target price on Dycom Industries and gave the stock a “buy” rating in a report on Friday, March 6th. Cantor Fitzgerald reissued an “overweight” rating and issued a $436.00 target price on shares of Dycom Industries in a report on Friday, March 27th. Zacks Research raised Dycom Industries from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. B. Riley Financial lifted their target price on Dycom Industries from $420.00 to $485.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, KeyCorp lifted their target price on Dycom Industries from $426.00 to $482.00 and gave the stock an “overweight” rating in a report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Dycom Industries presently has an average rating of “Buy” and an average price target of $431.64.

Dycom Industries Stock Performance

DY stock opened at $430.00 on Wednesday. The company has a market cap of $12.91 billion, a P/E ratio of 44.79, a price-to-earnings-growth ratio of 0.99 and a beta of 1.46. Dycom Industries, Inc. has a 1 year low of $186.42 and a 1 year high of $464.82. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.74 and a quick ratio of 2.61. The stock’s fifty day moving average price is $381.91 and its 200-day moving average price is $362.59.

Dycom Industries (NYSE:DY) last released its quarterly earnings results on Wednesday, March 4th. The construction company reported $2.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.12. The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.34 billion. Dycom Industries had a return on equity of 21.77% and a net margin of 5.07%.The company’s revenue for the quarter was up 34.4% on a year-over-year basis. During the same period last year, the business posted $1.17 EPS. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. On average, equities analysts forecast that Dycom Industries, Inc. will post 12.88 earnings per share for the current year.

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.