Short Interest in Centuri Holdings, Inc. (NYSE:CTRI) Increases By 25.7%

01 Jan 2026, 17:52 by Mitch Edgeman · The Markets Daily

Centuri Holdings, Inc. (NYSE:CTRI – Get Free Report) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 2,131,828 shares, a growth of 25.7% from the November 30th total of 1,696,103 shares. Based on an average daily volume of 2,481,080 shares, the days-to-cover ratio is presently 0.9 days. Currently, 2.1% of the shares of the stock are sold short. Currently, 2.1% of the shares of the stock are sold short. Based on an average daily volume of 2,481,080 shares, the days-to-cover ratio is presently 0.9 days.

Insiders Place Their Bets

In other Centuri news, major shareholder Carl C. Icahn bought 3,488,372 shares of Centuri stock in a transaction dated Friday, November 14th. The shares were purchased at an average cost of $21.50 per share, for a total transaction of $74,999,998.00. Following the acquisition, the insider directly owned 14,336,044 shares in the company, valued at approximately $308,224,946. This represents a 32.16% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Christian Brown sold 7,108 shares of the stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $24.51, for a total transaction of $174,217.08. Following the completion of the transaction, the chief executive officer directly owned 22,089 shares of the company’s stock, valued at approximately $541,401.39. The trade was a 24.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Centuri

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. raised its holdings in Centuri by 942.9% in the third quarter. JPMorgan Chase & Co. now owns 153,022 shares of the company’s stock worth $3,239,000 after purchasing an additional 138,349 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in shares of Centuri in the 3rd quarter worth approximately $4,992,000. Hudson Bay Capital Management LP raised its stake in shares of Centuri by 68.5% during the 3rd quarter. Hudson Bay Capital Management LP now owns 126,385 shares of the company’s stock worth $2,676,000 after acquiring an additional 51,385 shares in the last quarter. Penn Capital Management Company LLC raised its stake in shares of Centuri by 378.3% during the 3rd quarter. Penn Capital Management Company LLC now owns 429,571 shares of the company’s stock worth $9,100,000 after acquiring an additional 339,760 shares in the last quarter. Finally, Maven Securities LTD purchased a new stake in Centuri during the third quarter valued at approximately $1,058,000.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CTRI. JPMorgan Chase & Co. raised their price target on Centuri from $20.00 to $22.00 and gave the stock an “underweight” rating in a research note on Thursday, November 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Centuri in a research report on Monday. Finally, UBS Group lifted their target price on Centuri from $22.00 to $24.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Centuri has a consensus rating of “Hold” and a consensus price target of $23.25.

Get Our Latest Stock Report on Centuri

Centuri Trading Down 0.9%

CTRI traded down $0.22 during trading on Thursday, hitting $25.26. 1,055,896 shares of the stock were exchanged, compared to its average volume of 1,769,372. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.67 and a current ratio of 1.67. The firm has a 50 day simple moving average of $23.04 and a 200 day simple moving average of $21.80. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 842.28, a P/E/G ratio of 1.79 and a beta of 0.95. Centuri has a 1 year low of $14.45 and a 1 year high of $27.50.

Centuri (NYSE:CTRI – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.13). The firm had revenue of $848.55 million for the quarter, compared to the consensus estimate of $762.06 million. Centuri had a return on equity of 6.37% and a net margin of 0.09%.Centuri’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.06 EPS. As a group, equities analysts expect that Centuri will post 0.25 EPS for the current year.

Centuri Company Profile

(Get Free Report)

Centuri Construction Group, Inc (NYSE: CTRI) is a heavy civil contractor specializing in water and wastewater infrastructure projects. The company delivers end-to-end services encompassing design-build, engineering, procurement and construction for water transmission mains, wastewater force mains, treatment facilities, pump and lift stations, and stormwater management systems.