Centuri Holdings, Inc. ( CTRI ) has experienced a strong start to eq1’26 with $870 million in new billings, setting the stage for a strong eFY26. With the power transmission industry going through a major growth stride to support the growing power needs forMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with expertise in the technology, energy, industrials, and materials sectors. Prior to working in the investment management industry, Michael spent over a decade in prof ...

Group 1 - The article highlights the expertise of Michael Del Monte as a buy-side equity analyst specializing in technology, energy, industrials, and materials sectors [1] - Michael Del Monte has over a decade of experience in professional services across various industries including Oil & Gas, Oilfield Services, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary [1] Group 2 - The article does not provide any specific financial data or performance metrics related to companies or sectors [2][3]

Core Insights - Centuri Holdings, Inc. (NYSE:CTRI) is recognized as one of the 10 Best Performing Utility Stocks in 2025 [1] - The company specializes in infrastructure services, collaborating with regulated utilities and energy providers to maintain energy networks across the US and Canada [2] Financial Performance - On January 7, Wells Fargo analyst Joseph O'Dea increased the price target for Centuri Holdings from $25 to $30, indicating an upside potential of nearly 8% from the current share price [3] - Centuri Holdings secured $870 million in new bookings for energy infrastructure services, with $178 million of these bookings obtained before year-end, bringing the total awards for the previous year to $4.5 billion [4] Business Strategy and Outlook - Approximately 80% of the new bookings are renewals of existing customer Master Service Agreements (MSAs), while the remainder includes new work and strategic bid awards [4] - CEO Christian Brown emphasized that the substantial value of bookings reflects strong customer trust and operational consistency, positioning the company for robust revenue and earnings growth in 2026 and beyond [5]

Centuri Holdings Inc. (NYSE:CTRI) is one of the best young stocks to buy and hold for 3 years. On January 7, Wells Fargo analyst Joseph O’Dea raised the firm’s price target on Centuri Holdings to $30 from $25, while maintaining an Overweight rating on the shares. In its review of the Electrical Equipment & Multi-Industry sector, the firm anticipated that initial 2026 guidance would be largely underwhelming. Wells Fargo suggested that this stems from a prudent approach by management to set conservative targ ...

Core Insights - Centuri Holdings, Inc. has released its 2025 Sustainability Report titled "Building Trust, Powering the Future," which outlines the company's sustainability efforts and progress on key non-financial performance indicators [1][2] Sustainability Strategies - The report emphasizes Centuri's commitment to earning trust and building credibility through effective communication of its sustainability strategies amid complex energy challenges [2] - It includes technical sustainability frameworks and quantifiable metrics, detailing performance against 15 Key Performance Indicators and six United Nations Sustainable Development Goals (UNSDGs) [2] Operational Highlights - Centuri's sustainability approach is structured around four core Program Pillars: World-Class Safety, Clean Energy, Empowered Communities, and Inclusion For All [3] - The company has achieved a 14% reduction in Scope 1 emissions from the 2019 baseline and is actively delivering renewable energy projects across North America [4] Community Engagement - Centuri has contributed over one million dollars in philanthropic giving to support communities [5] - The company has established a signature lineman apprenticeship program, along with mentorship and development opportunities to create meaningful employment [5] Company Overview - Centuri Holdings, Inc. is a strategic utility infrastructure services company that collaborates with regulated utilities and energy providers to build and maintain the energy network serving millions of homes and businesses in the United States and Canada [6]

Core Insights - Centuri Holdings, Inc. (NYSE:CTRI) experienced a share price increase of 3.91% from December 5 to December 12, 2025, ranking among the top energy stocks for the week [1] - The company reached a 52-week high on December 11 after securing new customer awards totaling $500 million, bringing year-to-date bookings to approximately $4.3 billion [3] Company Overview - Centuri Holdings is a strategic infrastructure services company that collaborates with regulated utilities and energy providers to construct and maintain the energy network serving millions of homes and businesses in the US and Canada [2] Recent Developments - The new contracts consist of 84% for new work and 16% for renewals, leveraging the company's core electric and gas capabilities for utility and telecommunications clients in both Canada and the US [3] - Christian Brown, President and CEO, emphasized the growth in end markets and customer confidence in the company's ability to deliver complex projects safely and on schedule [3] Future Outlook - The company has over 90% of its 2026 plan under contract, indicating a strong pipeline of future opportunities [3] - Wells Fargo has reiterated a 'Buy' rating for Centuri Holdings, setting a price target of $25 [3]

Core Insights - Tensile Capital Management initiated a new stake in Centuri Holdings, acquiring 812,088 shares valued at approximately $17.2 million, indicating institutional confidence in the company [1][2] - Centuri Holdings has shown strong financial performance with record quarterly revenue and a significant backlog, suggesting robust growth potential [10][11] Company Overview - Centuri Holdings is a leading utility infrastructure services provider with a diversified portfolio across gas and electric segments in the U.S. and Canada, focusing on modernization and reliability initiatives for utility clients [6][8] - The company reported a total revenue of $2.8 billion and a net income of $2.5 million, with a market capitalization of $2.5 billion [4] Financial Performance - In the third quarter, Centuri's revenue rose 18% to a record $850 million, while base revenue increased by 25% year over year, and base gross profit climbed 28% [10] - The firm's backlog reached a record $5.9 billion, up 59% from year-end 2024, providing promising visibility into future growth [10] Market Position - Centuri shares are currently priced at $25.58, reflecting an 18% increase over the past year, slightly outperforming the S&P 500, which is up 13% in the same period [3] - The new position by Tensile Capital represents about 2.2% of the fund's reportable U.S. equity AUM as of September 30 [3]

Group 1 - Centuri Holdings Inc. has completed the acquisition of Connect Atlantic Utility Services Corporation, enhancing its position as a dual electric and gas services provider in Canada [1][2] - The acquisition supports Centuri's growth strategy by expanding its presence in the Canadian market, particularly in the Atlantic provinces [2][3] - Canada is projected to invest approximately $2 trillion by 2050 for electricity-grid modernization and clean energy initiatives, which aligns with Centuri's operational focus [3] Group 2 - Centuri operates primarily in North America through four segments: US Gas Utility Services, Canadian Gas Utility Services, Union Electric Utility Services, and Non-Union Electric Utility Services [4]

Core Insights - Pilot Wave Holdings Management announced the sale of Connect Atlantic Utility Services to Centuri Holdings, enhancing Centuri's capabilities in utility infrastructure services across North America [1][5] - The acquisition of Connect Atlantic was aimed at strengthening operations and positioning the business for long-term growth in electric transmission and distribution markets [2] - A significant outcome of this partnership was the spin-off of Detect Technologies, an AI-powered inspection platform that enhances utility operations by identifying equipment defects [3][4] Company Overview - Pilot Wave Holdings focuses on growing small businesses by integrating modern technology and operational excellence [6] - Connect Atlantic Utility Services is a leading provider of utility services in Atlantic Canada, specializing in transmission, distribution, and storm-restoration services [6] - Detect Technologies, spun out from Connect Atlantic, provides AI-driven inspection solutions to mitigate risks and improve operational efficiency for utilities [7] - Centuri Holdings is a North American utility-infrastructure services company that modernizes energy networks across the U.S. and Canada [8] Strategic Developments - The partnership between Pilot Wave and Connect Atlantic led to operational improvements and strategic expansions, positioning CAUS for accelerated growth under Centuri [5] - The creation of Detect Technologies exemplifies how traditional service businesses can innovate through technology, highlighting Pilot Wave's commitment to value creation [4][5]

Core Insights - Beneficial owner Carl Icahn has made a significant investment in Centuri Holdings Inc. [1] Company Summary - Carl Icahn's recent investment indicates a strong belief in the potential of Centuri Holdings Inc. [1]