Janney Montgomery Scott LLC Purchases 7,811 Shares of Dycom Industries, Inc. $DY

Posted by on Jul 8th, 2026

Janney Montgomery Scott LLC raised its holdings in Dycom Industries, Inc. (NYSE:DY – Free Report) by 1,148.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 8,491 shares of the construction company’s stock after purchasing an additional 7,811 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Dycom Industries were worth $2,877,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in DY. Nordea Investment Management AB lifted its position 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 valued at $139,057,000 after acquiring an additional 398,469 shares in the last quarter. Wilson Asset Management International PTY Ltd. bought a new stake in shares of Dycom Industries in the 4th quarter worth $1,014,000. Aventail Capital Group LP purchased a new position in shares of Dycom Industries in the third quarter worth $5,285,000. Norges Bank bought a new position in shares of Dycom Industries during the fourth quarter valued at $19,335,000. Finally, Horizon Investments LLC lifted its holdings in shares of Dycom Industries by 43.0% during the fourth quarter. Horizon Investments LLC now owns 16,907 shares of the construction company’s stock valued at $5,713,000 after purchasing an additional 5,086 shares in the last quarter. 98.33% of the stock is owned by institutional investors and hedge funds.

Dycom Industries Stock Performance

DY opened at $413.54 on Wednesday. The company has a 50 day simple moving average of $453.98 and a two-hundred day simple moving average of $402.45. The company has a debt-to-equity ratio of 1.48, a current ratio of 2.58 and a quick ratio of 2.46. The firm has a market cap of $12.42 billion, a P/E ratio of 39.35, a PEG ratio of 0.76 and a beta of 1.50. Dycom Industries, Inc. has a 1-year low of $233.00 and a 1-year high of $566.47.

Dycom Industries (NYSE:DY – Get Free Report) last released its earnings results on Wednesday, May 27th. The construction company reported $4.42 EPS for the quarter, topping the consensus estimate of $2.73 by $1.69. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.67 billion. Dycom Industries had a net margin of 4.98% and a return on equity of 24.13%. The company’s quarterly revenue was up 56.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.09 earnings per share. Dycom Industries has set its Q2 2027 guidance at 4.400-4.820 EPS. Equities analysts forecast that Dycom Industries, Inc. will post 15.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on DY shares. UBS Group reiterated a “buy” rating and issued a $611.00 price target on shares of Dycom Industries in a research note on Friday, May 29th. Zacks Research upgraded shares of Dycom Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 8th. Wedbush set a $654.00 target price on shares of Dycom Industries in a report on Friday, May 29th. B. Riley Financial lifted their target price on shares of Dycom Industries from $485.00 to $625.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, KeyCorp increased their price target on Dycom Industries from $482.00 to $610.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Two investment analysts have rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $554.92.

Check Out Our Latest Stock Analysis on DY

Dycom Industries Profile

(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.

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Institutional Ownership by Quarter for Dycom Industries (NYSE:DY)

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