Union Bancaire Privee UBP SA Invests $994,000 in Dycom Industries, Inc. $DY

Union Bancaire Privee UBP SA bought a new stake in Dycom Industries, Inc. (NYSE:DY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,942 shares of the construction company’s stock, valued at approximately $994,000.

A number of other large investors also recently made changes to their positions in the company. Archer Investment Corp boosted its stake in Dycom Industries by 6.2% in the 2nd quarter. Archer Investment Corp now owns 690 shares of the construction company’s stock valued at $169,000 after purchasing an additional 40 shares during the period. Optiver Holding B.V. increased its position in 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 period. Quadrant Capital Group LLC lifted its holdings in shares of Dycom Industries by 1.0% during the second quarter. Quadrant Capital Group LLC now owns 4,492 shares of the construction company’s stock worth $1,098,000 after buying an additional 46 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Dycom Industries by 57.3% during the third quarter. UMB Bank n.a. now owns 129 shares of the construction company’s stock worth $38,000 after buying an additional 47 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in shares of 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 period. Institutional investors own 98.33% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Dycom Industries in a research note on Wednesday, January 21st. B. Riley Financial lifted their price objective on shares of Dycom Industries from $420.00 to $485.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Bank of America boosted their price objective 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. JPMorgan Chase & Co. increased their target price on shares of Dycom Industries from $395.00 to $415.00 and gave the stock an “overweight” rating in a research report on Thursday, March 5th. Finally, Zacks Research cut shares of Dycom Industries from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $431.64.

Dycom Industries Stock Performance

DY opened at $336.43 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.61 and a current ratio of 2.74. Dycom Industries, Inc. has a 52-week low of $131.37 and a 52-week high of $445.52. The firm has a market cap of $10.08 billion, a P/E ratio of 35.04, a price-to-earnings-growth ratio of 0.78 and a beta of 1.34. The business’s fifty day moving average is $384.69 and its 200-day moving average is $334.75.

Dycom Industries (NYSE:DY) last posted its quarterly earnings results on Wednesday, March 4th. The construction company reported $2.03 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.12. The business 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%.Dycom Industries’s revenue for the quarter was up 34.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.17 earnings per share. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. Sell-side analysts expect that Dycom Industries, Inc. will post 7.13 EPS for the current fiscal year.

Insider Activity at Dycom Industries

In other news, Director Eitan Gertel sold 3,645 shares of the business’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. The trade was a 18.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.