Neumeier Poma Investment Counsel LLC Lowers Position in Dycom Industries, Inc. $DY

Neumeier Poma Investment Counsel LLC reduced its position in Dycom Industries, Inc. (NYSE:DY) by 17.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 136,848 shares of the construction company’s stock after selling 29,465 shares during the period. Dycom Industries accounts for about 3.8% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 4th largest position. Neumeier Poma Investment Counsel LLC owned approximately 0.47% of Dycom Industries worth $46,241,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC boosted its holdings in shares of 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 buying an additional 30 shares in the last quarter. First Bank & Trust boosted its holdings in shares of Dycom Industries by 1.6% in the 4th quarter. First Bank & Trust now owns 2,106 shares of the construction company’s stock valued at $712,000 after buying an additional 33 shares in the last quarter. CWM LLC boosted its holdings in shares of Dycom Industries by 1.9% in the 4th quarter. CWM LLC now owns 1,956 shares of the construction company’s stock valued at $661,000 after buying an additional 36 shares in the last quarter. Optiver Holding B.V. boosted its holdings in shares of Dycom Industries by 57.1% in the 3rd quarter. Optiver Holding B.V. now owns 110 shares of the construction company’s stock valued at $32,000 after buying an additional 40 shares in the last quarter. Finally, UMB Bank n.a. boosted its holdings in shares of Dycom Industries by 57.3% in the 3rd quarter. UMB Bank n.a. now owns 129 shares of the construction company’s stock valued at $38,000 after buying an additional 47 shares in the last quarter. 98.33% of the stock is currently owned by institutional investors.

Dycom Industries Stock Performance

DY opened at $489.65 on Friday. Dycom Industries, Inc. has a 12-month low of $229.97 and a 12-month high of $566.47. 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 firm has a market capitalization of $14.70 billion, a PE ratio of 46.59, a P/E/G ratio of 1.02 and a beta of 1.49. The firm has a 50 day moving average of $413.28 and a two-hundred day moving average of $382.83.

Dycom Industries (NYSE:DY) last posted 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 net margin of 4.98% and a return on equity of 24.13%. The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same period last year, the firm posted $2.09 EPS. Dycom Industries’s revenue for the quarter 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, analysts anticipate that Dycom Industries, Inc. will post 12.89 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DY. B. Riley Financial raised their price target on shares of Dycom Industries from $485.00 to $625.00 and gave the company a “buy” rating in a report on Thursday, May 28th. KeyCorp increased their price objective on shares of Dycom Industries from $482.00 to $610.00 and gave the company an “overweight” rating in a research report on Monday. Cantor Fitzgerald increased their price objective on shares of Dycom Industries from $436.00 to $654.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Wells Fargo & Company increased their price objective on shares of Dycom Industries from $500.00 to $650.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Dycom Industries from $415.00 to $650.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $554.92.

Dycom Industries Company 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.