AlphaQuest LLC Has $1.28 Million Stock Holdings in Sterling Infrastructure, Inc. $STRL

AlphaQuest LLC lessened its holdings in Sterling Infrastructure, Inc. (NASDAQ:STRL) by 26.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,171 shares of the construction company’s stock after selling 1,512 shares during the quarter. AlphaQuest LLC’s holdings in Sterling Infrastructure were worth $1,277,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of STRL. Root Financial Partners LLC acquired a new stake in shares of Sterling Infrastructure in the 3rd quarter valued at approximately $26,000. Fifth Third Bancorp boosted its holdings in shares of Sterling Infrastructure by 76.1% during the 3rd 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. EverSource Wealth Advisors LLC boosted its holdings in shares of Sterling Infrastructure by 33.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company’s stock valued at $33,000 after acquiring an additional 27 shares in the last quarter. Rakuten Securities Inc. boosted its holdings in shares of Sterling Infrastructure by 6,950.0% during the 2nd quarter. Rakuten Securities Inc. now owns 141 shares of the construction company’s stock valued at $33,000 after acquiring an additional 139 shares in the last quarter. Finally, Optiver Holding B.V. boosted its holdings in shares of Sterling Infrastructure by 108.2% during the 3rd quarter. Optiver Holding B.V. now owns 102 shares of the construction company’s stock valued at $35,000 after acquiring an additional 53 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

Sterling Infrastructure Stock Up 7.8%

Shares of NASDAQ STRL opened at $842.96 on Friday. The company has a market capitalization of $25.87 billion, a P/E ratio of 75.40, a price-to-earnings-growth ratio of 2.90 and a beta of 1.64. Sterling Infrastructure, Inc. has a 52-week low of $183.40 and a 52-week high of $893.13. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.10 and a current ratio of 1.10. The company’s 50 day moving average price is $574.61 and its 200-day moving average price is $436.03.

Sterling Infrastructure (NASDAQ:STRL) last announced its quarterly earnings data on Monday, May 4th. The construction company reported $3.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $1.30. The company had revenue of $825.68 million for the quarter, compared to the consensus estimate of $603.58 million. Sterling Infrastructure had a return on equity of 35.64% and a net margin of 12.02%.During the same period in the previous year, the business earned $1.63 EPS. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. Equities analysts forecast that Sterling Infrastructure, Inc. will post 18.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

STRL has been the topic of several recent research reports. Zacks Research downgraded shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Weiss Ratings downgraded shares of Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. DA Davidson lifted their target price on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Wall Street Zen upgraded shares of Sterling Infrastructure from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. Finally, Oppenheimer started coverage on Sterling Infrastructure in a report on Thursday. They set an “outperform” rating and a $950.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Sterling Infrastructure presently has an average rating of “Moderate Buy” and a consensus target price of $715.17.

Insider Activity

In other news, CEO Joseph A. Cutillo sold 50,000 shares of the business’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $497.57, for a total value of $24,878,500.00. Following the transaction, the chief executive officer directly owned 290,593 shares of the company’s stock, valued at $144,590,359.01. The trade was a 14.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.60% of the stock is owned by corporate insiders.

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.