Dycom Industries (DY)

• Market cap: $5.67B
• 1 day: 2.20%
• 5 days: 9.73%
• 1 month: 11.52%
• 3 months: -3.98%
• 6 months: 7.63%
• Year to date: 10.21%
• 1 year: 68.87%
• 5 years: 313.11%
• 10 years: 516.07%
• Sector: Industrials
• Industry: Water, Sewer, Pipeline, Comm & Power Line Construction

About: Dycom Industries Inc is a provider of specialty contracting services to the telecommunications infrastructure and utility industries. its operating companies supply telecommunications providers with a comprehensive portfolio of specialty services, including program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services and provides underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It also provides a range of construction, maintenance, and installation services, including the placement and splicing of fiber, copper, and coaxial cables. The company operates throughout the United States.

Employees: 15,611

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

84% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 38

64% more call options, than puts

Call options by funds: $26.9M | Put options by funds: $16.4M

13% more capital invested

Capital invested by funds: $4.77B [Q2] → $5.4B (+$624M) [Q3]

8% more funds holding

Funds holding: 321 [Q2] → 348 (+27) [Q3]

2.64% less ownership

Funds ownership: 97.28% [Q2] → 94.64% (-2.64%) [Q3]

9% less funds holding in top 10

Funds holding in top 10: 11 [Q2] → 10 (-1) [Q3]

23% less repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 128

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $210 8% upside
• Avg. target: $218 12% upside
• High target: $229 18% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Keybanc Sangita Jain 69% 1-year accuracy 29 / 42 met price target	18% upside $229	Overweight Maintained	8 Jan 2025
DA Davidson Brent Thielman 82% 1-year accuracy 37 / 45 met price target	8% upside $210	Buy Maintained	19 Nov 2024
Wells Fargo Eric Luebchow 67% 1-year accuracy 28 / 42 met price target	10% upside $215	Overweight Maintained	15 Nov 2024