Icahn Enterprises LP has significantly boosted its stake in Centuri Holdings (CTRI), acquiring an additional 3,488,372 shares valued at approximately $78 million during Q4 2025. This increase brings Icahn’s total holdings in Centuri to 4.29% of its 13F reportable assets under management, with a total position now worth $361.99 million, reflecting both new purchases and favorable price movements.
This move is noteworthy as Centuri Holdings, a key player in utility infrastructure services, has seen its stock surge 69.5% over the past year, outperforming the S&P 500 by over 46 percentage points. The company’s focus on gas and electric utility infrastructure, particularly in modernization and renewable energy sectors, positions it well for long-term growth amid increasing utility spending.
For investors, Icahn’s continued investment signals confidence in Centuri’s strategic direction, particularly following his prior participation in a significant capital raise. While this may not constitute a direct buy signal, it highlights the importance of monitoring Centuri’s operational developments and financial health moving forward.
Source: fool.com