Sterling Infrastructure (NASDAQ:STRL) Stock Rating Lowered by Wall Street Zen

Sterling Infrastructure (NASDAQ:STRL) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report issued on Saturday.

A number of other research analysts have also issued reports on STRL. Zacks Research upgraded shares of Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 4th. DA Davidson boosted their target price on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Stifel Nicolaus set a $486.00 price target on shares of Sterling Infrastructure and gave the company a “buy” rating in a research report on Wednesday, February 11th. Weiss Ratings raised shares of Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Finally, Cantor Fitzgerald lifted their price target on shares of Sterling Infrastructure from $413.00 to $482.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $489.33.

Sterling Infrastructure Trading Up 1.0%

Shares of STRL stock opened at $420.24 on Friday. Sterling Infrastructure has a twelve month low of $96.34 and a twelve month high of $477.03. The stock’s fifty day simple moving average is $406.74 and its 200 day simple moving average is $362.49. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $12.88 billion, a P/E ratio of 44.85, a P/E/G ratio of 2.16 and a beta of 1.48.

Sterling Infrastructure (NASDAQ:STRL) last posted its earnings results on Wednesday, February 25th. The construction company reported $3.08 EPS for the quarter, beating the consensus estimate of $2.63 by $0.45. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.The firm had revenue of $755.61 million during the quarter, compared to the consensus estimate of $639.41 million. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. As a group, sell-side analysts predict that Sterling Infrastructure will post 5.98 EPS for the current fiscal year.

Insider Buying and Selling at Sterling Infrastructure

In other Sterling Infrastructure news, Director Dwayne Andree Wilson sold 2,860 shares of the firm’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $350.00, for a total value of $1,001,000.00. Following the completion of the sale, the director directly owned 14,749 shares in the company, valued at approximately $5,162,150. This trade represents a 16.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dana C. O’brien sold 2,000 shares of Sterling Infrastructure stock in a transaction on Monday, February 9th. The shares were sold at an average price of $410.00, for a total transaction of $820,000.00. Following the completion of the sale, the director directly owned 11,498 shares of the company’s stock, valued at approximately $4,714,180. This trade represents a 14.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 6,860 shares of company stock worth $2,611,000. 3.70% of the stock is owned by insiders.

Institutional Trading of Sterling Infrastructure

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in Sterling Infrastructure in the third quarter worth approximately $26,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Sterling Infrastructure during the third quarter valued at approximately $28,000. Fifth Third Bancorp increased its holdings in shares of Sterling Infrastructure by 76.1% during the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock valued at $28,000 after acquiring an additional 35 shares in the last quarter. Bogart Wealth LLC raised its position in shares of Sterling Infrastructure by 535.7% during the third quarter. Bogart Wealth LLC now owns 89 shares of the construction company’s stock worth $30,000 after purchasing an additional 75 shares during the period. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Sterling Infrastructure in the 4th quarter worth $31,000. 80.95% of the stock is owned by institutional investors.

About Sterling Infrastructure

Sterling Infrastructure, Inc (NASDAQ: STRL) is a diversified manufacturer and distributor of essential infrastructure products serving municipal, utility and industrial customers across North America. Through its network of wholly owned subsidiaries, the company designs, engineers and produces a wide range of cast and fabricated solutions tailored to the needs of the waterworks, natural gas, telecommunications, electric, traffic safety and parks & recreation markets.

The company’s product portfolio encompasses ductile iron and composite fittings, valve boxes, manhole frames and covers, water and gas meter sets, street light poles and mounting accessories, traffic sign posts with breakaway systems, bollards and related system components.