Union Bancaire Privee UBP SA Makes New $994,000 Investment in Dycom Industries, Inc. $DY

Union Bancaire Privee UBP SA bought a new stake in Dycom Industries, Inc. (NYSE:DY) during the fourth quarter, HoldingsChannel.com reports. The firm bought 2,942 shares of the construction company’s stock, valued at approximately $994,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Archer Investment Corp raised its holdings in shares of Dycom Industries by 6.2% during the 2nd quarter. Archer Investment Corp now owns 690 shares of the construction company’s stock worth $169,000 after buying an additional 40 shares in the last quarter. Optiver Holding B.V. lifted its position in shares of Dycom Industries by 57.1% during the 3rd quarter. Optiver Holding B.V. now owns 110 shares of the construction company’s stock worth $32,000 after buying an additional 40 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Dycom Industries by 1.0% in the second quarter. Quadrant Capital Group LLC now owns 4,492 shares of the construction company’s stock valued at $1,098,000 after buying an additional 46 shares in the last quarter. UMB Bank n.a. grew its position in Dycom Industries by 57.3% in the third quarter. UMB Bank n.a. now owns 129 shares of the construction company’s stock valued at $38,000 after acquiring an additional 47 shares during the last quarter. Finally, Bessemer Group Inc. grew its position in Dycom Industries by 48.5% in the third quarter. Bessemer Group Inc. now owns 150 shares of the construction company’s stock valued at $43,000 after acquiring an additional 49 shares during the last quarter. Institutional investors own 98.33% of the company’s stock.

Dycom Industries Stock Performance

Shares of DY stock opened at $336.43 on Friday. The business’s 50-day moving average price is $384.69 and its 200-day moving average price is $334.75. Dycom Industries, Inc. has a 12 month low of $131.37 and a 12 month high of $445.52. The firm has a market capitalization of $10.08 billion, a price-to-earnings ratio of 35.04, a PEG ratio of 0.78 and a beta of 1.34. The company has a current ratio of 2.74, a quick ratio of 2.61 and a debt-to-equity ratio of 1.51.

Dycom Industries (NYSE:DY) last released its quarterly earnings data on Wednesday, March 4th. The construction company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.12. 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 21.77% and a net margin of 5.07%.The firm’s revenue was up 34.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.17 earnings per share. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. Equities research analysts forecast that Dycom Industries, Inc. will post 7.13 EPS for the current year.

Insiders Place Their Bets

In other Dycom Industries news, Director Eitan Gertel sold 3,645 shares of the company’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 value of $1,259,784.90. Following the completion of the transaction, the director directly owned 15,997 shares in the company, valued at approximately $5,528,883.14. This represents a 18.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.72% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. JPMorgan Chase & Co. boosted their target price on Dycom Industries from $395.00 to $415.00 and gave the stock an “overweight” rating in a research note on Thursday, March 5th. Bank of America lifted their price target on shares of Dycom Industries from $365.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. B. Riley Financial upped their price objective on shares of Dycom Industries from $420.00 to $485.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Cantor Fitzgerald initiated coverage on shares of Dycom Industries in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $436.00 price objective for the company. Finally, UBS Group set a $475.00 target price on shares of Dycom Industries and gave the company a “buy” rating in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $431.64.

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.