90,000 Shares in Dycom Industries, Inc. $DY Purchased by Troluce Capital Advisors LLC

Troluce Capital Advisors LLC purchased a new position in shares of Dycom Industries, Inc. (NYSE:DY) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 90,000 shares of the construction company’s stock, valued at approximately $30,494,000. Dycom Industries makes up about 1.9% of Troluce Capital Advisors LLC’s portfolio, making the stock its 10th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of DY. &PARTNERS boosted its stake in shares of Dycom Industries by 2.5% during the 4th quarter. &PARTNERS now owns 1,053 shares of the construction company’s stock worth $356,000 after acquiring an additional 26 shares during the period. EverSource Wealth Advisors LLC raised its stake in Dycom Industries by 17.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 203 shares of the construction company’s stock valued at $69,000 after acquiring an additional 30 shares during the period. Legacy Wealth Managment LLC ID lifted its holdings in Dycom Industries by 30.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 150 shares of the construction company’s stock valued at $51,000 after purchasing an additional 35 shares during the last quarter. Osaic Holdings Inc. boosted its position in Dycom Industries by 1.7% during the fourth quarter. Osaic Holdings Inc. now owns 2,062 shares of the construction company’s stock worth $697,000 after purchasing an additional 35 shares during the period. Finally, CWM LLC increased its holdings in shares of Dycom Industries by 1.9% in the fourth quarter. CWM LLC now owns 1,956 shares of the construction company’s stock valued at $661,000 after purchasing an additional 36 shares during the last quarter. Institutional investors own 98.33% of the company’s stock.

Wall Street Analyst Weigh In

DY has been the subject of a number of research reports. Zacks Research upgraded shares of Dycom Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 8th. KeyCorp increased their price target on shares of Dycom Industries from $482.00 to $610.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Guggenheim raised their price objective on shares of Dycom Industries from $575.00 to $620.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Cantor Fitzgerald upped their target price on Dycom Industries from $436.00 to $654.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Finally, Wedbush set a $654.00 price target on Dycom Industries in a report on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $554.92.

Dycom Industries Trading Up 0.2%

Shares of DY stock opened at $430.58 on Monday. The company has a current ratio of 2.58, a quick ratio of 2.46 and a debt-to-equity ratio of 1.48. The stock has a market cap of $12.93 billion, a P/E ratio of 40.97, a price-to-earnings-growth ratio of 0.76 and a beta of 1.50. The stock has a 50 day simple moving average of $452.12 and a 200 day simple moving average of $409.56. Dycom Industries, Inc. has a 1 year low of $233.00 and a 1 year high of $566.47.

Dycom Industries (NYSE:DY) last issued its quarterly earnings results on Wednesday, May 27th. The construction company reported $4.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.73 by $1.69. Dycom Industries had a return on equity of 24.13% and a net margin of 4.98%.The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the prior year, the business posted $2.09 earnings per share. The firm’s quarterly revenue was up 56.1% compared to the same quarter last year. Dycom Industries has set its Q2 2027 guidance at 4.400-4.820 EPS. On average, research analysts predict that Dycom Industries, Inc. will post 15.45 earnings per share for the current fiscal 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.