11,280 Shares in Sterling Infrastructure, Inc. $STRL Purchased by Entropy Technologies LP

Entropy Technologies LP purchased a new position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 11,280 shares of the construction company’s stock, valued at approximately $3,454,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its holdings in 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 purchasing an additional 27 shares during the last quarter. CENTRAL TRUST Co boosted its holdings in Sterling Infrastructure by 7.9% during the fourth quarter. CENTRAL TRUST Co now owns 397 shares of the construction company’s stock worth $122,000 after purchasing an additional 29 shares during the last quarter. Lido Advisors LLC boosted its holdings in Sterling Infrastructure by 1.8% during the fourth quarter. Lido Advisors LLC now owns 1,725 shares of the construction company’s stock worth $578,000 after purchasing an additional 31 shares during the last quarter. Fifth Third Bancorp boosted its holdings in Sterling Infrastructure by 76.1% during the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock worth $28,000 after purchasing an additional 35 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its holdings in Sterling Infrastructure by 10.3% during the fourth quarter. Quadrant Capital Group LLC now owns 438 shares of the construction company’s stock worth $134,000 after purchasing an additional 41 shares during the last quarter. 80.95% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

STRL has been the topic of several analyst reports. Argus initiated coverage on shares of Sterling Infrastructure in a report on Thursday, April 16th. They set a “buy” rating and a $510.00 price target on the stock. Wall Street Zen cut shares of Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 31st. DA Davidson boosted their price target 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. Oppenheimer initiated coverage on shares of Sterling Infrastructure in a report on Thursday, May 28th. They set an “outperform” rating and a $950.00 price target on the stock. Finally, Cantor Fitzgerald boosted their price target on shares of Sterling Infrastructure from $482.00 to $956.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. Based on data from MarketBeat, Sterling Infrastructure has an average rating of “Buy” and a consensus target price of $720.67.

Sterling Infrastructure Stock Performance

Shares of STRL stock opened at $858.99 on Monday. The firm has a market cap of $26.36 billion, a price-to-earnings ratio of 76.83, a P/E/G ratio of 3.14 and a beta of 1.82. 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 $197.73 and a 52 week high of $1,005.68. The firm’s 50-day simple moving average is $674.47 and its two-hundred day simple moving average is $477.10.

Sterling Infrastructure (NASDAQ:STRL) last announced its quarterly earnings data on Monday, May 4th. The construction company reported $3.59 EPS for the quarter, topping the consensus estimate of $2.29 by $1.30. The business had revenue of $825.68 million for the quarter, compared to analyst estimates 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 previous year, the firm posted $1.63 earnings per share. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. As a group, equities analysts forecast that Sterling Infrastructure, Inc. will post 18.26 earnings per share for the current year.

Key Sterling Infrastructure News

Here are the key news stories impacting Sterling Infrastructure this week:

• Positive Sentiment: Sidoti raised multiple earnings estimates for Sterling Infrastructure (STRL), including FY2026 and FY2027, signaling expectations for continued strong profit growth and supporting a bullish view on the stock.
• Positive Sentiment: Another recent report said Wall Street remains positive on Sterling Infrastructure (STRL), citing a consensus Buy rating and a median 12-month price target of $950, which suggests analysts still see upside from current levels. Wall Street remains positive article
• Positive Sentiment: Zacks highlighted Sterling Infrastructure (STRL) as a solid growth stock, pointing to its strong growth attributes as a reason it could generate exceptional returns. Zacks growth stock article
• Positive Sentiment: Broker-focused commentary also pointed investors toward Sterling Infrastructure (STRL), reinforcing that the stock is drawing attention from analysts and the market. Broker suggestions article
• Neutral Sentiment: The company’s recent earnings history already supports the bullish narrative: Sterling Infrastructure beat expectations in its last quarterly report, and current guidance remains strong, helping justify elevated investor expectations.

Insider Buying and Selling

In other Sterling Infrastructure news, CEO Joseph A. Cutillo sold 50,000 shares of Sterling Infrastructure stock in a transaction dated 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 sale, the chief executive officer owned 290,593 shares of the company’s stock, valued at approximately $144,590,359.01. The trade was a 14.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.60% of the company’s stock.

Sterling Infrastructure Company Profile

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.