Universal Beteiligungs und Servicegesellschaft mbH Boosts Stake in Dycom Industries, Inc. $DY

Universal Beteiligungs und Servicegesellschaft mbH raised its position in Dycom Industries, Inc. (NYSE:DY) by 92.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,750 shares of the construction company’s stock after purchasing an additional 9,960 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Dycom Industries were worth $6,054,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in DY. Root Financial Partners LLC acquired a new stake in shares of Dycom Industries in the third quarter valued at $26,000. Twin Peaks Wealth Advisors LLC purchased a new position in Dycom Industries during the 2nd quarter valued at about $32,000. Salomon & Ludwin LLC acquired a new position in Dycom Industries in the 3rd quarter valued at about $37,000. EverSource Wealth Advisors LLC increased its stake in Dycom Industries by 73.1% during the second 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. Finally, Caldwell Trust Co acquired a new stake in shares of Dycom Industries during the second quarter worth about $61,000. 98.33% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on DY shares. Guggenheim began coverage on shares of Dycom Industries in a report on Thursday, January 22nd. They issued a “buy” rating and a $510.00 price objective for the company. B. Riley boosted their price target on shares of Dycom Industries from $320.00 to $420.00 and gave the stock a “buy” rating in a research note on Friday, November 21st. Bank of America increased their price objective on Dycom Industries from $310.00 to $365.00 and gave the company a “buy” rating in a research note on Friday, November 21st. JPMorgan Chase & Co. lifted their target price on Dycom Industries from $275.00 to $370.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. Finally, Wall Street Zen upgraded Dycom Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $392.70.

Dycom Industries Price Performance

Dycom Industries stock opened at $372.63 on Tuesday. The company has a current ratio of 3.09, a quick ratio of 2.90 and a debt-to-equity ratio of 0.62. The company has a fifty day simple moving average of $349.89 and a 200-day simple moving average of $300.23. The stock has a market cap of $10.79 billion, a P/E ratio of 36.68, a price-to-earnings-growth ratio of 1.90 and a beta of 1.34. Dycom Industries, Inc. has a 12-month low of $131.37 and a 12-month high of $386.94.

Dycom Industries (NYSE:DY) last posted its quarterly 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. The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Dycom Industries had a return on equity of 22.21% and a net margin of 5.75%.Dycom Industries’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period last year, the firm earned $2.68 earnings per share. Dycom Industries has set its Q4 2026 guidance at 1.620-1.970 EPS. Equities analysts expect that Dycom Industries, Inc. will post 7.13 EPS for the current fiscal year.

Insider Buying and Selling at Dycom Industries

In related news, Director Eitan Gertel sold 3,645 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The stock was 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. The trade was a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 3.72% of the company’s stock.

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.