Centuri Holdings downgraded by BofA Securities with a new price target
$CTRI
Oil & Gas Production
Utilities
BofA Securities downgraded Centuri Holdings from Neutral to Underperform and set a new price target of $21.00 from $26.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/7/2024 | $19.00 → $16.00 | Neutral → Underweight | JP Morgan |
| 7/30/2024 | $30.00 → $17.00 | Buy → Neutral | UBS |
| 6/27/2024 | $26.00 → $21.00 | Neutral → Underperform | BofA Securities |
JP Morgan downgraded Centuri Holdings from Neutral to Underweight and set a new price target of $16.00 from $19.00 previously
UBS downgraded Centuri Holdings from Buy to Neutral and set a new price target of $17.00 from $30.00 previously
BofA Securities downgraded Centuri Holdings from Neutral to Underperform and set a new price target of $21.00 from $26.00 previously
3 - Centuri Holdings, Inc. (0001981599) (Issuer)
4 - Centuri Holdings, Inc. (0001981599) (Issuer)
3 - Centuri Holdings, Inc. (0001981599) (Issuer)
4 - Centuri Holdings, Inc. (0001981599) (Issuer)
4 - Centuri Holdings, Inc. (0001981599) (Issuer)
4 - Centuri Holdings, Inc. (0001981599) (Issuer)
NEW YORK, Nov. 20, 2025 /PRNewswire/ -- Pilot Wave Holdings Management, LLC ("Pilot Wave") today announced the sale of its portfolio company, Connect Atlantic Utility Services ("CAUS" or "Connect Atlantic"), to Centuri Holdings, Inc. ("Centuri"), a leading North American utility-infrastructure services provider. Pilot Wave acquired Connect Atlantic with the goal of strengthening operations, accelerating growth, and positioning the business for long-term scale in electric transmission, distribution, and storm-restoration markets across Atlantic Canada and into the United States. Through hands-on collaboration with the CAUS leadership team, significant operational improvements and strategic e
Acquisition Establishes Canadian Electric Infrastructure Capabilities, Expands Geographic Reach Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced that it has completed the acquisition of Connect Atlantic Utility Services Corporation (CAUS), Atlantic Canada's leading electric utility services provider. The acquisition establishes Centuri as a dual electric and gas services provider in Canada, complementing the gas distribution services provided through its current Canadian subsidiary, while simultaneously expanding its geographic footprint. Through a largely union workforce, CAUS provides maintenance, construction, and storm services to electric utility and
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced the pricing of an underwritten public offering of 7,441,860 shares of Centuri's common stock (the "Offering"). Centuri has also granted the underwriters a 30-day option to purchase up to an additional 1,116,279 shares of Centuri's common stock. The Offering is expected to close on November 14, 2025, subject to customary closing conditions. Gross proceeds from the Offering are expected to be approximately $160 million, assuming no exercise of the underwriters' option to purchase additional shares. In addition to the shares of Centuri's common stock sold in the Offering, Centuri previously announced that Icahn P
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8-K - Centuri Holdings, Inc. (0001981599) (Filer)
Acquisition Establishes Canadian Electric Infrastructure Capabilities, Expands Geographic Reach Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced that it has completed the acquisition of Connect Atlantic Utility Services Corporation (CAUS), Atlantic Canada's leading electric utility services provider. The acquisition establishes Centuri as a dual electric and gas services provider in Canada, complementing the gas distribution services provided through its current Canadian subsidiary, while simultaneously expanding its geographic footprint. Through a largely union workforce, CAUS provides maintenance, construction, and storm services to electric utility and
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced that it will report 2025 third quarter financial results on Wednesday, November 5th, 2025. The Company will host an earnings conference call that morning at 10:00 AM ET / 7:00 AM PT to discuss the financial results and business highlights. Speakers on the call will include Christian Brown, President & Chief Executive Officer and Gregory Izenstark, Chief Financial Officer. The conference call will be webcast live on the Company's investor relations (IR) website at https://investor.centuri.com. Date: Wednesday, November 5th, 2025
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced that it will report 2025 second quarter financial results on Wednesday, August 6th, 2025. The Company will host an earnings conference call that morning at 10:00 AM ET / 7:00 AM PT to discuss the financial results and business highlights. Speakers on the call will include Christian Brown, President & Chief Executive Officer, and Gregory Izenstark, Chief Financial Officer. The conference call will be webcast live on the Company's investor relations (IR) website at https://investor.centuri.com. Date: Wednesday, August 6th, 2025
Company Enters into Cooperation Agreement with Icahn Enterprises Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced that it has appointed Dustin DeMaria, a Senior Analyst at Icahn Enterprises L.P. and Icahn Capital LP (collectively with certain affiliates thereof, "IEP"), to the Centuri Board of Directors, effective immediately, pursuant to a Director Appointment and Nomination Agreement with IEP. Mr. DeMaria joins as an independent director and will stand for election at Centuri's 2026 Annual Meeting of Shareholders. The Company has agreed to include Mr. DeMaria on its recommended slate of
30-year energy industry veteran to lead long-term strategic planning and market expansion amid rising demand for Centuri's gas infrastructure capabilities Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced the appointment of Ryan Palazzo as President of U.S. Gas. In this role, he will lead Centuri's U.S. Gas segment, driving the Company's growth strategies for gas infrastructure services, which comprise approximately half of the Company's total revenue. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251015281935/en/Seasoned energy
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced the completion of its final separation from Southwest Gas Holdings, Inc. ("Southwest Gas") upon the closing of the offering by Southwest Gas of its remaining 27,362,210 shares of Centuri's common stock on September 5. Centuri did not sell any shares of its common stock and did not receive any proceeds from the sale of its common stock by Southwest Gas in the offering. As a result of Southwest Gas' ownership exit, Centuri announced the appointment of Christopher Krummel as the Chair of its Board of Directors replacing Karen Haller, who has also resigned from the Board's compensation committee, effective Septemb
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