11,440 Shares in Dycom Industries, Inc. $DY Bought by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC acquired a new stake in shares of Dycom Industries, Inc. (NYSE:DY) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,440 shares of the construction company’s stock, valued at approximately $2,796,000.

A number of other institutional investors have also added to or reduced their stakes in DY. Los Angeles Capital Management LLC purchased a new position in shares of Dycom Industries during the second quarter worth about $1,818,000. Fox Run Management L.L.C. bought a new position in shares of Dycom Industries in the 2nd quarter worth $1,243,000. Penserra Capital Management LLC purchased a new stake in shares of Dycom Industries during the 2nd quarter valued at $206,000. Savant Capital LLC bought a new stake in shares of Dycom Industries during the 2nd quarter worth $487,000. Finally, Atria Investments Inc increased its stake in Dycom Industries by 55.3% in the second quarter. Atria Investments Inc now owns 8,304 shares of the construction company’s stock valued at $2,029,000 after acquiring an additional 2,956 shares during the last quarter. 98.33% of the stock is currently owned by institutional investors.

Dycom Industries Price Performance

Shares of Dycom Industries stock opened at $286.57 on Friday. The company’s fifty day simple moving average is $278.31 and its two-hundred day simple moving average is $250.23. Dycom Industries, Inc. has a 12-month low of $131.37 and a 12-month high of $301.88. The firm has a market cap of $8.30 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of 1.38 and a beta of 1.23. The company has a quick ratio of 2.96, a current ratio of 3.16 and a debt-to-equity ratio of 0.74.

Dycom Industries (NYSE:DY) last posted its earnings results on Wednesday, August 20th. The construction company reported $3.33 earnings per share for the quarter, topping analysts’ consensus estimates of $2.92 by $0.41. The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.41 billion. Dycom Industries had a net margin of 5.23% and a return on equity of 21.17%. Dycom Industries’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.46 earnings per share. Dycom Industries has set its FY 2026 guidance at EPS. Q3 2026 guidance at 3.030-3.36 EPS. As a group, equities analysts expect that Dycom Industries, Inc. will post 7.13 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on DY. Wall Street Zen upgraded Dycom Industries from a “hold” rating to a “buy” rating in a report on Friday, August 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Dycom Industries in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their price target on shares of Dycom Industries from $250.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. KeyCorp lifted their price target on shares of Dycom Industries from $306.00 to $320.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Finally, Bank of America boosted their price target on shares of Dycom Industries from $299.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Two equities research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to data from MarketBeat, Dycom Industries presently has a consensus rating of “Buy” and a consensus price target of $301.38.

Dycom Industries Profile

Dycom Industries, Inc provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.