Centuri Stock Soars 10.86% on Institutional Buying

On April 14, 2025, Centuri's stock surged by 10.86% in pre-market trading, indicating a significant bullish sentiment among investors.

Several institutional investors have recently increased their stakes in Centuri Holdings, Inc. American Century Companies Inc. boosted its holdings by 26.3% in the fourth quarter, acquiring an additional 4,016 shares. Other notable investors include R Squared Ltd, BNP Paribas Financial Markets, UBS AM, Quantbot Technologies LP, and Rhumbline Advisers, all of whom have either purchased new stakes or increased their existing positions in the company.

Analysts have also weighed in on Centuri's prospects. Robert W. Baird adjusted its price target from $23.00 to $22.00 but maintained an "outperform" rating. JPMorgan Chase & Co. raised its target price from $17.00 to $19.00 but kept an "underweight" rating. The consensus rating among analysts is a "Moderate Buy" with a target price of $19.00.

Centuri Holdings, Inc. specializes in utility infrastructure services across North America, offering a range of services for both gas and electric utilities. The company's focus on infrastructure modernization and its diverse service offerings position it well to capitalize on the growing demand for reliable utility services.