Independent Advisor Alliance Increases Stock Position in Dycom Industries, Inc. $DY

Posted by Francis Steltz on May 15th, 2026

Independent Advisor Alliance lifted its holdings in shares of Dycom Industries, Inc. (NYSE:DY – Free Report) by 930.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,598 shares of the construction company’s stock after acquiring an additional 6,861 shares during the quarter. Independent Advisor Alliance’s holdings in Dycom Industries were worth $2,567,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of DY. Nordea Investment Management AB lifted its stake in Dycom Industries by 5,603.6% in the 4th quarter. Nordea Investment Management AB now owns 405,580 shares of the construction company’s stock worth $139,057,000 after purchasing an additional 398,469 shares in the last quarter. American Century Companies Inc. lifted its stake in Dycom Industries by 58.4% in the 3rd quarter. American Century Companies Inc. now owns 97,801 shares of the construction company’s stock worth $28,534,000 after purchasing an additional 36,074 shares in the last quarter. Wilson Asset Management International PTY Ltd. purchased a new stake in Dycom Industries in the 4th quarter worth approximately $1,014,000. New York Life Investment Management LLC purchased a new stake in Dycom Industries in the 3rd quarter worth approximately $830,000. Finally, 12th Street Asset Management Company LLC lifted its stake in Dycom Industries by 48.9% in the 3rd quarter. 12th Street Asset Management Company LLC now owns 67,238 shares of the construction company’s stock worth $19,617,000 after purchasing an additional 22,077 shares in the last quarter. 98.33% of the stock is currently owned by hedge funds and other institutional investors.

Dycom Industries Stock Performance

Dycom Industries stock opened at $450.74 on Friday. The firm’s fifty day moving average price is $383.39 and its 200-day moving average price is $364.83. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.61 and a current ratio of 2.74. The stock has a market cap of $13.53 billion, a P/E ratio of 46.95, a price-to-earnings-growth ratio of 1.02 and a beta of 1.46. Dycom Industries, Inc. has a fifty-two week low of $186.42 and a fifty-two week high of $464.82.

Dycom Industries (NYSE:DY – Get Free Report) last posted its quarterly earnings data on Wednesday, March 4th. The construction company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.12. The firm had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Dycom Industries had a net margin of 5.07% and a return on equity of 21.77%. The business’s quarterly revenue was up 34.4% on a year-over-year basis. During the same quarter last year, the company posted $1.17 EPS. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. On average, equities research analysts expect that Dycom Industries, Inc. will post 12.88 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on DY shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $436.00 target price on shares of Dycom Industries in a research note on Friday, March 27th. Weiss Ratings cut shares of Dycom Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday. Zacks Research upgraded shares of Dycom Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. UBS Group set a $475.00 target price on shares of Dycom Industries and gave the stock a “buy” rating in a research note on Friday, March 6th. Finally, Guggenheim started coverage on shares of Dycom Industries in a research note on Thursday, January 22nd. They issued a “buy” rating and a $510.00 target price on the stock. One 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 presently has an average rating of “Buy” and an average target price of $431.64.

Read Our Latest Report on DY

About Dycom Industries

(Free Report)

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.