Dycom Industries, Inc. $DY Shares Sold by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC lessened its stake in Dycom Industries, Inc. (NYSE:DY) by 21.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,313 shares of the construction company’s stock after selling 1,492 shares during the period. Integrated Quantitative Investments LLC’s holdings in Dycom Industries were worth $1,550,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in DY. Peconic Partners LLC boosted its position in shares of Dycom Industries by 2.8% in the second quarter. Peconic Partners LLC now owns 3,817,825 shares of the construction company’s stock worth $933,038,000 after buying an additional 105,586 shares during the period. Bank of America Corp DE lifted its stake in Dycom Industries by 4.8% during the second quarter. Bank of America Corp DE now owns 307,545 shares of the construction company’s stock valued at $75,161,000 after buying an additional 14,147 shares in the last quarter. Voya Investment Management LLC grew its stake in Dycom Industries by 92.6% in the third quarter. Voya Investment Management LLC now owns 237,576 shares of the construction company’s stock valued at $69,315,000 after purchasing an additional 114,235 shares in the last quarter. Invesco Ltd. lifted its position in shares of Dycom Industries by 7.0% in the second quarter. Invesco Ltd. now owns 227,127 shares of the construction company’s stock worth $55,508,000 after buying an additional 14,891 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in shares of Dycom Industries by 19.9% during the 2nd quarter. Franklin Resources Inc. now owns 213,137 shares of the construction company’s stock valued at $52,089,000 after acquiring an additional 35,323 shares during the last quarter. 98.33% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Dycom Industries

Here are the key news stories impacting Dycom Industries this week:

• Positive Sentiment: Q4 beat — Dycom reported record Q4 revenue of $1.46B (up 34.4% y/y) and EPS of $2.03, comfortably beating street estimates; strong top- and bottom-line beats are driving positive sentiment. Dycom Q4 Earnings (Yahoo)
• Positive Sentiment: Record backlog, cash flow and M&A — Management highlighted a record $9.54B backlog, record free cash flow and completion of the Power Solutions acquisition to accelerate entry into the high‑growth data center market, supporting longer-term revenue visibility. Press Release (GlobeNewswire)
• Neutral Sentiment: Guidance is conservative/mixed — Dycom set Q1 FY2027 EPS guidance of $2.57–2.90 (consensus ~2.67) and FY revenue $6.9–7.2B (roughly in line to slightly above consensus). The range gives upside but the lower bound on Q1 EPS and the broad revenue band left some investors wanting clearer conviction. Earnings & Guidance (MarketBeat)
• Neutral Sentiment: Data center opportunity highlighted — Management called data center demand “off the charts,” an important long-term growth vector; however, timing and margin contribution from that market remain to be proven. Data Center Demand (MSN)
• Negative Sentiment: Stock pullback despite beats — Several outlets reported the stock dropped after the report, suggesting investors may have expected stronger guidance, are taking profits after a run-up, or are focused on valuation/near-term conservatism. Stock Reaction (Blockonomi)
• Negative Sentiment: High valuation and expectations — DY trades at a rich P/E and near its 52‑week high, so even strong results can trigger profit‑taking if guidance is seen as cautious; valuation sensitivity likely amplified the sell‑off. Valuation Note (Yahoo)

Insiders Place Their Bets

In other news, Director Eitan Gertel sold 3,645 shares of the firm’s stock in a transaction that occurred on Friday, January 9th. The shares were 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 owned 15,997 shares in the company, valued at $5,528,883.14. This trade represents a 18.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.72% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

DY has been the topic of several recent analyst reports. Guggenheim started coverage on Dycom Industries in a research note on Thursday, January 22nd. They issued a “buy” rating and a $510.00 price target on the stock. KeyCorp reissued an “overweight” rating on shares of Dycom Industries in a report on Tuesday, January 27th. Zacks Research cut shares of Dycom Industries from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Dycom Industries in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Dycom Industries from $370.00 to $395.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dycom Industries has a consensus rating of “Moderate Buy” and an average target price of $406.20.

Dycom Industries Price Performance

Dycom Industries stock opened at $388.19 on Thursday. Dycom Industries, Inc. has a 52 week low of $131.37 and a 52 week high of $445.52. The company’s 50 day moving average price is $381.73 and its two-hundred day moving average price is $326.43. The stock has a market cap of $11.24 billion, a P/E ratio of 38.21, a P/E/G ratio of 1.33 and a beta of 1.34. The company has a quick ratio of 2.90, a current ratio of 3.09 and a debt-to-equity ratio of 0.62.

Dycom Industries (NYSE:DY) last issued its quarterly earnings results on Wednesday, March 4th. The construction company reported $2.03 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.37. The company had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.34 billion. Dycom Industries had a return on equity of 22.21% and a net margin of 5.75%.Dycom Industries’s revenue was up 34.4% on a year-over-year basis. During the same period last year, the business posted $1.17 earnings per share. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. On average, equities analysts predict that Dycom Industries, Inc. will post 7.13 earnings per share for the current year.

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.