Total Wealth Planning & Management Inc. Makes New $1.19 Million Investment in Dycom Industries, Inc. $DY

Total Wealth Planning & Management Inc. bought a new position in Dycom Industries, Inc. (NYSE:DY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 3,522 shares of the construction company’s stock, valued at approximately $1,190,000. Dycom Industries makes up approximately 0.9% of Total Wealth Planning & Management Inc.’s investment portfolio, making the stock its 23rd biggest position.

Other institutional investors have also bought and sold shares of the company. Sound Income Strategies LLC purchased a new position in Dycom Industries in the 4th quarter worth approximately $32,000. Optiver Holding B.V. lifted its stake in Dycom Industries by 57.1% in the 3rd quarter. Optiver Holding B.V. now owns 110 shares of the construction company’s stock worth $32,000 after purchasing an additional 40 shares in the last quarter. CI Investments Inc. lifted its stake in Dycom Industries by 259.4% in the 3rd quarter. CI Investments Inc. now owns 115 shares of the construction company’s stock worth $34,000 after purchasing an additional 83 shares in the last quarter. Legacy Wealth Managment LLC ID purchased a new position in Dycom Industries in the 4th quarter worth approximately $39,000. Finally, Clearstead Advisors LLC lifted its stake in Dycom Industries by 212.8% in the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the construction company’s stock worth $41,000 after purchasing an additional 83 shares in the last quarter. 98.33% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DY has been the topic of a number of research reports. Weiss Ratings raised shares of Dycom Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 29th. Bank of America raised their price target on shares of Dycom Industries from $365.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Wall Street Zen downgraded shares of Dycom Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 7th. Wedbush set a $654.00 price target on shares of Dycom Industries in a report on Friday, May 29th. Finally, Cantor Fitzgerald raised their price target on shares of Dycom Industries from $436.00 to $654.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $554.92.

Dycom Industries Stock Performance

NYSE:DY opened at $489.65 on Friday. The company has a fifty day simple moving average of $413.28 and a two-hundred day simple moving average of $382.83. The company has a market cap of $14.70 billion, a price-to-earnings ratio of 46.59, a price-to-earnings-growth ratio of 1.02 and a beta of 1.49. The company has a quick ratio of 2.46, a current ratio of 2.58 and a debt-to-equity ratio of 1.48. Dycom Industries, Inc. has a 52 week low of $229.97 and a 52 week high of $566.47.

Dycom Industries (NYSE:DY) last posted its quarterly earnings results on Wednesday, May 27th. The construction company reported $4.42 EPS for the quarter, topping the consensus estimate of $2.73 by $1.69. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.67 billion. Dycom Industries had a net margin of 4.98% and a return on equity of 24.13%. The company’s quarterly revenue was up 56.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.09 earnings per share. Dycom Industries has set its Q2 2027 guidance at 4.400-4.820 EPS. As a group, equities analysts anticipate that Dycom Industries, Inc. will post 12.89 earnings per share for the current fiscal year.

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.