Radnor Capital Management LLC Decreases Stock Position in Dycom Industries, Inc. $DY

Radnor Capital Management LLC trimmed its stake in shares of Dycom Industries, Inc. (NYSE:DY) by 18.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,203 shares of the construction company’s stock after selling 2,480 shares during the quarter. Radnor Capital Management LLC’s holdings in Dycom Industries were worth $3,785,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of Dycom Industries by 265,593,055.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 23,903,384 shares of the construction company’s stock worth $8,076,953,000 after buying an additional 23,903,375 shares in the last quarter. Peconic Partners LLC raised its holdings in Dycom Industries by 2.8% in the second quarter. Peconic Partners LLC now owns 3,817,825 shares of the construction company’s stock valued at $933,038,000 after acquiring an additional 105,586 shares in the last quarter. Millennium Management LLC raised its holdings in Dycom Industries by 21.0% in the third quarter. Millennium Management LLC now owns 1,324,938 shares of the construction company’s stock valued at $386,564,000 after acquiring an additional 229,579 shares in the last quarter. First Trust Advisors LP lifted its stake in Dycom Industries by 6.8% in the third quarter. First Trust Advisors LP now owns 604,865 shares of the construction company’s stock worth $176,475,000 after acquiring an additional 38,472 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in Dycom Industries by 5,603.6% in the fourth quarter. Nordea Investment Management AB now owns 405,580 shares of the construction company’s stock worth $139,057,000 after acquiring an additional 398,469 shares during the last quarter. Hedge funds and other institutional investors own 98.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on DY shares. Wall Street Zen downgraded shares of Dycom Industries from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 7th. Weiss Ratings downgraded shares of Dycom Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. Zacks Research raised Dycom Industries from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Bank of America raised their price target on Dycom Industries from $365.00 to $475.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Finally, Guggenheim initiated coverage on Dycom Industries in a research report on Thursday, January 22nd. They set a “buy” rating and a $510.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Dycom Industries presently has an average rating of “Buy” and an average price target of $431.64.

Dycom Industries Stock Down 4.1%

DY opened at $419.29 on Tuesday. Dycom Industries, Inc. has a 52 week low of $190.71 and a 52 week high of $464.82. The business has a 50 day moving average price of $385.37 and a two-hundred day moving average price of $366.86. The company has a quick ratio of 2.61, a current ratio of 2.74 and a debt-to-equity ratio of 1.51. The company has a market cap of $12.59 billion, a PE ratio of 43.68, a P/E/G ratio of 1.00 and a beta of 1.46.

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