Centuri Holdings Inc reaches 52-week high amid new investment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 11 Dec 25
Source: NASDAQ.COM
Centuri Holdings Inc's stock rose by 3.99% and reached a 52-week high, reflecting positive investor sentiment.
The increase in stock price is attributed to Tensile Capital Management's acquisition of 812,088 shares valued at approximately $17.2 million, marking a new position for the fund. This investment underscores confidence in Centuri's growth potential as the company continues to modernize utility infrastructure, despite the broader market's mixed performance with the Nasdaq-100 down 0.53% and the S&P 500 up 0.05%.
This development suggests that Centuri Holdings is well-positioned for future growth, supported by strong quarterly revenue and a significant backlog, indicating a robust outlook for the company.
Analyst Views on CTRI
Wall Street analysts forecast CTRI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CTRI is 25.75 USD with a low forecast of 22.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
2 Buy
1 Hold
2 Sell
Hold
Current: 27.930
Low
22.00
Averages
25.75
High
30.00
Current: 27.930
Low
22.00
Averages
25.75
High
30.00
About CTRI
Centuri Holdings, Inc. is a utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada. The Company's segments include U.S. Gas Utility Services (U.S. Gas), Canadian Gas Utility Services (Canadian Gas), Union Electric Utility Services (Union Electric), and Non-Union Electric Utility Services (Non-Union Electric). The U.S. Gas and Canadian Gas segments provide comprehensive services, including maintenance, replacement, repair and installation for local natural gas distribution utilities (LDCs) focused on the modernization of customers’ infrastructure throughout the United States and Canada. The Union Electric segment provides a comprehensive set of electric utility services encompassing maintenance, replacement, repair, upgrade and expansion services for urban transmission and local distribution infrastructure within union markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
