Irenic Capital Management LP Has $15.69 Million Holdings in Centuri Holdings, Inc. $CTRI

Posted by Geri Gentry on Sep 6th, 2026

Irenic Capital Management LP increased its holdings in Centuri Holdings, Inc. (NYSE:CTRI – Free Report) by 46.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 518,705 shares of the company’s stock after purchasing an additional 163,934 shares during the period. Centuri makes up 0.8% of Irenic Capital Management LP’s investment portfolio, making the stock its 26th biggest holding. Irenic Capital Management LP’s holdings in Centuri were worth $15,686,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd boosted its stake in shares of Centuri by 13,385.7% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,888 shares of the company’s stock worth $40,000 after acquiring an additional 1,874 shares in the last quarter. KBC Group NV acquired a new position in shares of Centuri during the 1st quarter valued at about $67,000. CWM LLC raised its stake in shares of Centuri by 59.7% in the 4th quarter. CWM LLC now owns 4,045 shares of the company’s stock valued at $102,000 after acquiring an additional 1,512 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Centuri by 121.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,532 shares of the company’s stock worth $124,000 after purchasing an additional 3,037 shares during the last quarter. Finally, Chicago Partners Investment Group LLC bought a new stake in Centuri during the first quarter worth approximately $183,000.

Centuri Stock Performance

NYSE:CTRI opened at $20.59 on Friday. The firm’s 50-day moving average is $24.75 and its 200-day moving average is $29.06. Centuri Holdings, Inc. has a 52-week low of $19.04 and a 52-week high of $42.99. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.82 and a current ratio of 1.82. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 66.42, a PEG ratio of 0.67 and a beta of 1.01.

Centuri (NYSE:CTRI – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.03. Centuri had a net margin of 0.86% and a return on equity of 5.85%. The business had revenue of $959.53 million during the quarter, compared to analyst estimates of $835.99 million. During the same quarter in the prior year, the business earned $0.19 earnings per share. The firm’s revenue for the quarter was up 32.9% on a year-over-year basis. Equities research analysts anticipate that Centuri Holdings, Inc. will post 0.62 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CTRI. Weiss Ratings upgraded Centuri from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, August 4th. Cantor Fitzgerald boosted their price objective on shares of Centuri from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. UBS Group upped their price objective on shares of Centuri from $33.00 to $36.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Wall Street Zen lowered shares of Centuri from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Wells Fargo & Company dropped their target price on shares of Centuri from $37.00 to $29.00 and set an “overweight” rating on the stock in a report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Centuri currently has an average rating of “Hold” and a consensus target price of $30.67.

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About Centuri

(Free Report)

Centuri Construction Group, Inc (NYSE: CTRI) is a heavy civil contractor specializing in water and wastewater infrastructure projects. The company delivers end-to-end services encompassing design-build, engineering, procurement and construction for water transmission mains, wastewater force mains, treatment facilities, pump and lift stations, and stormwater management systems.

Centuri’s core offerings include pipeline installation and rehabilitation, civil sitework, earthwork, structural concrete and slope protection.