Diversified Trust Co Purchases 673 Shares of Sterling Infrastructure, Inc. $STRL

Diversified Trust Co raised its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) by 10.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,127 shares of the construction company’s stock after purchasing an additional 673 shares during the period. Diversified Trust Co’s holdings in Sterling Infrastructure were worth $2,903,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of Sterling Infrastructure by 33.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company’s stock worth $33,000 after buying an additional 27 shares during the last quarter. CENTRAL TRUST Co lifted its holdings in Sterling Infrastructure by 7.9% in the fourth quarter. CENTRAL TRUST Co now owns 397 shares of the construction company’s stock valued at $122,000 after buying an additional 29 shares during the period. Lido Advisors LLC boosted its stake in Sterling Infrastructure by 1.8% in the fourth quarter. Lido Advisors LLC now owns 1,725 shares of the construction company’s stock valued at $578,000 after acquiring an additional 31 shares during the last quarter. Fifth Third Bancorp boosted its stake in Sterling Infrastructure by 76.1% in 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 during the last quarter. Finally, Quadrant Capital Group LLC grew its holdings in Sterling Infrastructure by 10.3% during the 4th quarter. Quadrant Capital Group LLC now owns 438 shares of the construction company’s stock worth $134,000 after acquiring an additional 41 shares during the period. Institutional investors own 80.95% of the company’s stock.

Insider Activity

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

Sterling Infrastructure Price Performance

Shares of NASDAQ STRL opened at $861.88 on Monday. The stock has a market cap of $26.45 billion, a P/E ratio of 77.09, a P/E/G ratio of 3.10 and a beta of 1.81. The firm has a 50 day moving average price of $719.56 and a 200 day moving average price of $495.47. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.10 and a current ratio of 1.10. Sterling Infrastructure, Inc. has a 52-week low of $214.20 and a 52-week high of $1,005.68.

Sterling Infrastructure (NASDAQ:STRL) last issued its earnings results on Monday, May 4th. The construction company reported $3.59 EPS for the quarter, beating the consensus estimate of $2.29 by $1.30. The firm had revenue of $825.67 million during the quarter, compared to the consensus estimate of $603.58 million. Sterling Infrastructure had a net margin of 12.02% and a return on equity of 35.64%. During the same quarter in the prior year, the firm earned $1.63 earnings per share. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. Analysts expect that Sterling Infrastructure, Inc. will post 18.53 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on STRL. Cantor Fitzgerald reiterated an “overweight” rating on shares of Sterling Infrastructure in a research report on Thursday. KeyCorp raised their price target on Sterling Infrastructure from $889.00 to $922.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Wall Street Zen raised Sterling Infrastructure from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Zacks Research upgraded Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a report on Monday, June 1st. Finally, DA Davidson increased their target price on Sterling Infrastructure from $460.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $720.67.

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.