CenterBook Partners LP Makes New $3.10 Million Investment in Centuri Holdings, Inc. $CTRI

CenterBook Partners LP acquired a new stake in shares of Centuri Holdings, Inc. (NYSE:CTRI) during the 3rd quarter, Holdings Channel reports. The fund acquired 154,840 shares of the company’s stock, valued at approximately $3,103,000.

A number of other large investors also recently modified their holdings of the company. Integrated Wealth Concepts LLC bought a new position in Centuri in the 2nd quarter worth $33,000. KBC Group NV bought a new stake in Centuri during the first quarter valued at about $67,000. Sterling Capital Management LLC raised its holdings in Centuri by 847.9% during the third quarter. Sterling Capital Management LLC now owns 2,948 shares of the company’s stock valued at $59,000 after acquiring an additional 2,637 shares during the period. Covestor Ltd raised its holdings in Centuri by 52.5% during the third quarter. Covestor Ltd now owns 2,967 shares of the company’s stock valued at $59,000 after acquiring an additional 1,021 shares during the period. Finally, Chicago Partners Investment Group LLC purchased a new position in shares of Centuri in the first quarter valued at about $183,000.

Centuri News Roundup

Here are the key news stories impacting Centuri this week:

• Positive Sentiment: Centuri reported third-quarter EPS of $0.42, above analysts’ estimates of $0.23, and revenue of $1.19 billion versus expectations of $1.04 billion. Revenue rose 40.2% year over year, and EPS more than doubled from $0.19 a year earlier. Article: Centuri Holdings Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: The company’s FY 2026 revenue guidance of $3.8 billion–$3.9 billion is above the $3.7 billion consensus estimate. Centuri also outlined 2027 revenue above $4.4 billion and a target gross margin of 8.5%–9%, signaling continued growth potential. Article: Centuri Outlines 2027 Revenue and Gross-Margin Targets
• Neutral Sentiment: Wells Fargo lowered its price target from $28 to $24 but maintained an “overweight” rating. The new target still implies 18.3% upside from the cited share price, though the reduction suggests a more cautious valuation view.

Insider Activity at Centuri

In related news, Director Dustin DeMaria acquired 5,200 shares of the company’s stock in a transaction on Friday, September 18th. The stock was acquired at an average price of $19.27 per share, with a total value of $100,204.00. Following the acquisition, the director directly owned 12,936 shares of the company’s stock, valued at approximately $249,276.72. This trade represents a 67.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 0.33% of the stock is owned by company insiders.

Centuri Price Performance

Shares of NYSE:CTRI opened at $20.29 on Friday. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 36.23, a P/E/G ratio of 0.67 and a beta of 0.94. The firm has a fifty day moving average price of $20.31 and a 200 day moving average price of $27.10. Centuri Holdings, Inc. has a fifty-two week low of $18.50 and a fifty-two 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.

Centuri (NYSE:CTRI) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.19. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.04 billion. Centuri had a net margin of 1.45% and a return on equity of 8.33%. Centuri’s revenue for the quarter was up 40.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.19 EPS. As a group, sell-side analysts expect that Centuri Holdings, Inc. will post 0.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Weiss Ratings lowered Centuri from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Wall Street Zen cut Centuri from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Cantor Fitzgerald increased their target price on Centuri from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. JPMorgan Chase & Co. decreased their target price on Centuri from $23.00 to $22.00 and set an “underweight” rating on the stock in a research note on Monday, October 19th. Finally, Wells Fargo & Company lowered their price target on Centuri from $28.00 to $24.00 and set an “overweight” rating on the stock in a report on Friday. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Centuri presently has a consensus rating of “Hold” and a consensus target price of $27.50.

Centuri Company Profile

Centuri Holdings, Inc is a strategic infrastructure services company that supports the development, maintenance and modernization of energy and utility systems. The company provides construction and related services for natural gas and electric distribution infrastructure, including pipelines, utility networks and other assets used to deliver energy to homes, businesses and communities.

Centuri also serves customers in areas such as electric transmission, renewable energy and broader utility infrastructure.