| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | May 20, 2025 4:05 P.M. |
| Form: | S-3 | ||||||
| |||||||
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | May 20, 2025 4:05 P.M. |
| Form: | S-3 | ||||||
| |||||||
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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 |
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced the pricing of a previously announced underwritten secondary public offering of 9,000,000 shares of Centuri's common stock by Southwest Gas Holdings, Inc. ("Southwest Gas") as selling stockholder (the "Offering"). Southwest Gas has also granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of Centuri's common stock. The Offering is expected to close on May 22, 2025, subject to customary closing conditions. In addition to the shares of Centuri's common stock sold in the Offering, Southwest Gas previously announced that Icahn Partners and Icahn Partners Master Fund LP, investme
LAS VEGAS, May 20, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas Holdings" or the "Company") today announced the pricing of a previously announced underwritten secondary public offering of Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri") common stock (the "Offering"), pursuant to which Southwest Gas Holdings, as the selling stockholder, is offering 9,000,000 existing shares of Centuri's common stock, at a price of $17.50 per share. Southwest Gas Holdings has also granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of Centuri's common stock. The Offering is expected to close on May 22, 2025, subject to customary closing condit
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced the commencement of an underwritten secondary public offering of 9,000,000 shares of Centuri's common stock by Southwest Gas Holdings, Inc. ("Southwest Gas") as selling stockholder (the "Offering"). Southwest Gas also expects to grant the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of Centuri's common stock. In addition to the shares of Centuri's common stock sold in the Offering, Southwest Gas announced that Icahn Partners and Icahn Partners Master Fund LP, investment entities affiliated with Carl C. Icahn, will purchase an aggregate of $50 million in shares of Centuri's commo
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
424B4 - Centuri Holdings, Inc. (0001981599) (Filer)
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Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced financial and operating results for the first quarter, ended March 30, 2025, and affirms full year 2025 outlook. First Quarter 2025 Financial and Other Business Highlights Secured record customer awards in excess of $1.2 billion Revenue of $550.1 million versus $528.0 million in the first quarter of 2024 Net loss attributable to common stock of $17.9 million (diluted loss per share of $0.20) versus $25.1 million (diluted loss per share of $0.35) in the first quarter of 2024 Adjusted Net Loss of $10.5 million (adjusted diluted loss per share of $0.12) versus $14.4 million (adjusted diluted loss per share
Affirms Full Year 2025 Outlook Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced that it has rescheduled the release of its financial results and conference call related to the first quarter ended March 30, 2025, which had previously been scheduled for May 7, 2025. Centuri plans to issue financial results and hold its earnings conference call for the first quarter of fiscal year 2025 on Monday, May 12, 2025. The conference call will be webcast live on the Company's investor relations (IR) website at https://investor.centuri.com. Date: Monday, May 12, 2025 Time: 10:00 AM ET / 7:00 AM PT Telephone number: (800) 549-8228 The earnings call will also be archive
Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced that it will report 2025 first quarter financial results on Wednesday, May 7, 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 Greg 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, May 7, 2025 Time: 10:00 AM
Mr. Brown Brings Deep Experience in the Energy and Infrastructure Sectors Experienced CEO with Proven Track Record of Financial Performance through Organic Growth, M&A and Diligent Capital Allocation Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, pure-play North American utility infrastructure services company, today announced its Board of Directors has appointed Christian ("Chris") Brown as President and Chief Executive Officer of Centuri, effective December 3, 2024. Mr. Brown will be appointed to the Centuri Board at that time. Mr. Brown succeeds Paul Caudill, who was appointed Interim President and CEO effective July 31, 2024. Brown brings expertise in lea
Bill Fehrman Will Be Stepping Down to Take CEO Role at American Electric Power Board Appoints Former Centuri Advisory Board Member Paul Caudill as Interim CEO Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri"), today announced Bill Fehrman will be stepping down as President and CEO to take the CEO role at American Electric Power (NASDAQ:AEP), one of the nation's largest publicly traded utility companies. He will continue in his role as President and CEO of Centuri until July 31, 2024. The Centuri Board has appointed Paul Caudill, former CEO of NV Energy, a Berkshire Hathaway Energy portfolio company, and Senior Advisor to the CEO and prior Centuri advisory board member, to succeed him as In
SC 13G - Centuri Holdings, Inc. (0001981599) (Subject)
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