Dycom Industries (NYSE:DY) Stock Picked Up by Analysts at Oppenheimer

Posted by George Bondi on Oct 27th, 2026

Stock analysts at Oppenheimer assumed coverage on shares of Dycom Industries (NYSE:DY – Get Free Report) in a research note issued on Tuesday, Briefing.com reports. The firm set a “market perform” rating on the construction company’s stock.

A number of other equities research analysts have also recently issued reports on the stock. Weiss Ratings cut shares of Dycom Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, September 18th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $476.00 price objective on shares of Dycom Industries in a research note on Friday, October 9th. KeyCorp boosted their price objective on Dycom Industries from $423.00 to $429.00 and gave the stock an “overweight” rating in a research report on Monday, September 21st. Guggenheim restated a “buy” rating and set a $620.00 target price on shares of Dycom Industries in a research note on Thursday, September 17th. Finally, Zacks Research lowered Dycom Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $502.92.

Check Out Our Latest Analysis on Dycom Industries

Dycom Industries Price Performance

NYSE DY opened at $228.68 on Tuesday. The company has a current ratio of 2.35, a quick ratio of 2.24 and a debt-to-equity ratio of 1.35. The company has a fifty day simple moving average of $293.36 and a 200 day simple moving average of $380.64. The company has a market cap of $6.90 billion, a P/E ratio of 20.81, a P/E/G ratio of 0.38 and a beta of 1.50. Dycom Industries has a 1 year low of $215.28 and a 1 year high of $566.47.

Dycom Industries (NYSE:DY – Get Free Report) last posted its earnings results on Wednesday, August 26th. The construction company reported $5.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.72 by $0.57. The business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.98 billion. Dycom Industries had a net margin of 4.79% and a return on equity of 25.30%. Dycom Industries’s revenue was up 45.6% compared to the same quarter last year. During the same period last year, the business posted $3.33 EPS. Dycom Industries has set its Q3 2027 guidance at 4.330-4.790 EPS. On average, sell-side analysts predict that Dycom Industries will post 16.06 EPS for the current year.

Dycom Industries declared that its board has approved a stock buyback plan on Wednesday, August 26th that authorizes the company to repurchase $150 million in shares. This buyback authorization authorizes the construction company to buy up to 1.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director Carmen M. Sabater acquired 350 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The shares were bought at an average price of $280.62 per share, for a total transaction of $98,217.00. Following the acquisition, the director owned 7,154 shares in the company, valued at $2,007,555.48. This trade represents a 5.14% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Fallon acquired 700 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were bought at an average cost of $286.92 per share, with a total value of $200,844.00. Following the transaction, the director directly owned 1,043 shares of the company’s stock, valued at $299,257.56. The trade was a 204.08% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.22% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Dycom Industries

A number of institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Dycom Industries during the second quarter valued at about $1,513,523,000. Hill City Capital LP acquired a new stake in shares of Dycom Industries during the 2nd quarter worth approximately $510,536,693. First Trust Advisors LP grew its holdings in shares of Dycom Industries by 27.8% during the 1st quarter. First Trust Advisors LP now owns 798,699 shares of the construction company’s stock worth $270,615,000 after purchasing an additional 173,528 shares in the last quarter. Bank of America Corp DE acquired a new stake in Dycom Industries during the second quarter worth $270,174,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in Dycom Industries by 19.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 396,240 shares of the construction company’s stock valued at $134,254,000 after acquiring an additional 65,724 shares during the period. 98.33% of the stock is owned by institutional investors and hedge funds.

Dycom Industries Company Profile

(Get Free Report)

Dycom Industries, Inc is a specialty contracting company that provides infrastructure services to telecommunications providers, utilities, cable and broadband companies, and government agencies. Headquartered in Palm Beach Gardens, Florida, the company operates primarily across the United States.

Its services include engineering, construction, installation, maintenance, and repair of telecommunications infrastructure. Dycom supports the deployment of fiber-optic networks, broadband systems, wireless networks, underground and aerial lines, and other communications facilities.