Centuri HoldingsCTRI
CTRI
About: Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.
Employees: 12,572
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
30,167% more call options, than puts
Call options by funds: $908K | Put options by funds: $3K
115% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 13
0.05% more ownership
Funds ownership: 25.16% [Q2] → 25.21% (+0.05%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
3% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 29
1% less funds holding
Funds holding: 79 [Q2] → 78 (-1) [Q3]
17% less capital invested
Capital invested by funds: $434M [Q2] → $361M (-$73.3M) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17
17%
downside
Avg. target
$19
7%
downside
High target
$21
3%
upside
2 analyst ratings
1 positive
50%
0 neutral
0%
1 negative
50%
Baird Justin Hauke 57% 1-year accuracy 4 / 7 met price target | 3%upside $21 | Outperform Maintained | 7 Nov 2024 |
JP Morgan Drew Chamberlain 75% 1-year accuracy 3 / 4 met price target | 17%downside $17 | Underweight Maintained | 7 Nov 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
3 hours ago
DTE or CTRI: Which Is the Better Value Stock Right Now?
Investors with an interest in Utility - Electric Power stocks have likely encountered both DTE Energy (DTE) and Centuri Holdings (CTRI). But which of these two stocks presents investors with the better value opportunity right now?
Neutral
Business Wire
2 weeks ago
Centuri Announces 2025 Annual Meeting of Stockholders Date
PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the “Company”), a leading, pure-play North American utility infrastructure services company, today announced that its 2025 Annual Meeting of Stockholders (“2025 Annual Meeting”) will take place on April 16, 2025, at a place and time to be announced at a later date. Pursuant to the Company's bylaws, in order for a stockholder proposal to be properly submitted for presentation at the 2025 Annual Meeting, notice must be gi.
Neutral
GlobeNewsWire
1 month ago
Centuri Holdings, Inc. Investors: Company Investigated by the Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses
Neutral
Business Wire
1 month ago
Centuri Reports Third Quarter 2024 Results, Reiterates 2024 Guidance
PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri" or the "Company") today announced financial and operating results for the third quarter, ended September 29, 2024. The Company also reiterates outlook for full year financial performance. Third Quarter and Other Recent Business and Financial Highlights Secured customer awards reflecting total multi-year estimated revenue potential of approximately $350 million from a combination of new and renewed Master Service Agreements.
Neutral
Business Wire
1 month ago
Centuri Holdings Announces Appointment of Christian (“Chris”) Brown as President and Chief Executive Officer
PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the “Company”), a leading, pure-play North American utility infrastructure services company, today announced its Board of Directors has appointed Christian (“Chris”) Brown as President and Chief Executive Officer of Centuri, effective December 3, 2024. Mr. Brown will be appointed to the Centuri Board at that time. Mr. Brown succeeds Paul Caudill, who was appointed Interim President and CEO effective July 31, 2024. Brown.
Neutral
Business Wire
1 month ago
Johnson Fistel, LLP Continues Investigation of Centuri Holdings, Inc. for Potential Securities Laws Violations
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, LLP, a nationally recognized shareholder rights law firm, is currently investigating potential violations of federal securities laws by Centuri Holdings, Inc. (NYSE: CTRI) and certain of its executive officers. The investigation particularly focuses on whether there were misrepresentations or failures to timely disclose material, adverse information to investors, which could have influenced their decisions and subsequently led to investment losses. ht.
Neutral
Business Wire
1 month ago
Centuri Holdings, Inc. Releases 2024 Sustainability Report
PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the "Company"), a leading, pure-play North American utility infrastructure services company, released today its 2024 Sustainability Report, its first as a public company, that details progress in advancing environmental, social, and governance (ESG) commitments during 2023. The report, themed “Energy. Impact. Innovation.,” outlines the Company's corporate governance structure and ESG framework, and provides an overview.
Neutral
Business Wire
2 months ago
Centuri Holdings, Inc. to Report Third Quarter 2024 Results on November 6, 2024
PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the "Company"), a leading, pure-play North American utility infrastructure services company, today announced that it will report third quarter 2024 results on Wednesday, November 6, 2024. The Company will host an earnings conference call that morning at 10:00 AM ET / 7:00 AM PT to discuss the results and other business highlights. The conference call will be webcast live on the Company's investor relations (IR) website.
Neutral
GlobeNewsWire
2 months ago
Johnson Fistel Continues Investigation into Centuri Following a Significant Drop in the Company's Stock Price
SAN DIEGO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP ( www.JohnsonFistel.com ) is investigating whether Centuri Holdings, Inc. (NYSE: CTRI), any of its executive officers, or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under the federal securities laws.
Neutral
GlobeNewsWire
2 months ago
Johnson Fistel Continues Investigation into Centuri Following a Significant Drop in the Company's Stock Price
SAN DIEGO, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP ( www.JohnsonFistel.com ) is investigating whether Centuri Holdings, Inc. (NYSE: CTRI), any of its executive officers, or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under the federal securities laws.
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