Dycom Industries, Inc. $DY Holdings Lowered by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its stake in Dycom Industries, Inc. (NYSE:DY) by 16.4% in the third quarter, HoldingsChannel reports. The firm owned 9,095 shares of the construction company’s stock after selling 1,779 shares during the period. Yousif Capital Management LLC’s holdings in Dycom Industries were worth $2,654,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Archer Investment Corp lifted its stake in Dycom Industries by 6.2% during the second quarter. Archer Investment Corp now owns 690 shares of the construction company’s stock valued at $169,000 after buying an additional 40 shares in 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 during the period. Profund Advisors LLC raised its holdings in shares of Dycom Industries by 4.5% during the second quarter. Profund Advisors LLC now owns 1,420 shares of the construction company’s stock valued at $347,000 after acquiring an additional 61 shares during the period. GAMMA Investing LLC lifted its position in shares of Dycom Industries by 9.1% in the 3rd quarter. GAMMA Investing LLC now owns 769 shares of the construction company’s stock valued at $224,000 after acquiring an additional 64 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Dycom Industries by 73.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 161 shares of the construction company’s stock worth $39,000 after purchasing an additional 68 shares during the period. Institutional investors and hedge funds own 98.33% of the company’s stock.

Analysts Set New Price Targets

DY has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Dycom Industries from $275.00 to $370.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Wall Street Zen raised Dycom Industries from a “buy” rating to a “strong-buy” rating in a research report on Sunday, November 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Dycom Industries in a research report on Wednesday, October 8th. DA Davidson increased their price objective on Dycom Industries from $300.00 to $390.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Finally, UBS Group raised their price objective on Dycom Industries from $336.00 to $373.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $376.67.

Dycom Industries Trading Down 0.1%

Dycom Industries stock opened at $348.05 on Friday. Dycom Industries, Inc. has a 12 month low of $131.37 and a 12 month high of $366.65. The company has a quick ratio of 2.90, a current ratio of 3.09 and a debt-to-equity ratio of 0.62. The stock has a market cap of $10.08 billion, a P/E ratio of 34.26, a P/E/G ratio of 1.79 and a beta of 1.36. The company’s fifty day simple moving average is $321.55 and its 200-day simple moving average is $283.02.

Dycom Industries (NYSE:DY) last announced its quarterly earnings data on Wednesday, November 19th. The construction company reported $3.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.48. Dycom Industries had a return on equity of 22.21% and a net margin of 5.75%.The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the company earned $2.68 earnings per share. Dycom Industries’s quarterly revenue was up 14.2% compared to the same quarter last year. Dycom Industries has set its Q4 2026 guidance at 1.620-1.970 EPS. As a group, sell-side analysts forecast that Dycom Industries, Inc. will post 7.13 EPS for the current fiscal year.

About Dycom Industries

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.