Fox Run Management L.L.C. Makes New Investment in Sterling Infrastructure, Inc. $STRL

Fox Run Management L.L.C. acquired a new stake in Sterling Infrastructure, Inc. (NASDAQ:STRL) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,338 shares of the construction company’s stock, valued at approximately $1,134,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC bought a new stake in Sterling Infrastructure in the second quarter valued at about $26,000. Root Financial Partners LLC acquired a new stake in Sterling Infrastructure during the third quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Sterling Infrastructure during the third quarter valued at approximately $28,000. Fifth Third Bancorp grew its stake in shares of Sterling Infrastructure by 76.1% in the 3rd quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock valued at $28,000 after purchasing an additional 35 shares during the period. Finally, Bessemer Group Inc. raised its holdings in shares of Sterling Infrastructure by 119.3% in the 2nd quarter. Bessemer Group Inc. now owns 125 shares of the construction company’s stock worth $29,000 after buying an additional 68 shares in the last quarter. 80.95% of the stock is owned by institutional investors.

Analyst Ratings Changes

STRL has been the topic of several recent analyst reports. DA Davidson boosted their price target on Sterling Infrastructure from $355.00 to $460.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Stifel Nicolaus set a $486.00 target price on shares of Sterling Infrastructure and gave the company a “buy” rating in a research note on Wednesday, February 11th. Cantor Fitzgerald assumed coverage on shares of Sterling Infrastructure in a research report on Friday, January 23rd. They set an “overweight” rating and a $413.00 target price for the company. Weiss Ratings raised shares of Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Finally, Zacks Research cut shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $453.00.

Insider Buying and Selling

In related news, Director Dwayne Andree Wilson sold 2,860 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 14,749 shares in the company, valued at $5,162,150. The trade was a 16.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dana C. O’brien sold 2,000 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $410.00, for a total value of $820,000.00. Following the transaction, the director directly owned 11,498 shares in the company, valued at approximately $4,714,180. This represents a 14.82% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 6,860 shares of company stock valued at $2,611,000. 3.70% of the stock is currently owned by company insiders.

Sterling Infrastructure Stock Down 1.0%

Shares of NASDAQ STRL opened at $455.25 on Thursday. The firm’s 50-day simple moving average is $360.87 and its 200 day simple moving average is $342.25. The company has a market cap of $13.99 billion, a price-to-earnings ratio of 44.63, a price-to-earnings-growth ratio of 2.63 and a beta of 1.51. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.26. Sterling Infrastructure, Inc. has a 12-month low of $96.34 and a 12-month high of $470.00.

Sterling Infrastructure (NASDAQ:STRL) last posted its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.45. Sterling Infrastructure had a net margin of 14.14% and a return on equity of 29.81%. The firm had revenue of $755.61 million during the quarter, compared to analysts’ expectations of $639.41 million. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. On average, research analysts expect that Sterling Infrastructure, Inc. will post 5.98 earnings per share for the current fiscal year.

Sterling Infrastructure announced that its Board of Directors has approved a share buyback program on Wednesday, November 12th that permits the company to repurchase $400.00 million in shares. This repurchase authorization permits the construction company to repurchase up to 3.4% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Sterling Infrastructure News Summary

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

• Positive Sentiment: Sterling posted a clear beat on the quarter: $3.08 EPS vs. $2.63 expected and $755.6M in revenue vs. $639.4M consensus, with a healthy 14.1% net margin — strong execution that supports upside. Read More.
• Positive Sentiment: Management issued aggressive FY‑2026 guidance: EPS $13.450–14.050 (vs. consensus ~11.90) and revenue $3.1B–3.2B (vs. consensus ~2.8B). That guidance materially raised the company’s forward profile and is a primary positive catalyst. Read More.
• Positive Sentiment: Analysts updated estimates after the results: Sidoti and others raised quarterly and full‑year forecasts (including FY‑2027 boosts), reinforcing the bullish read on the cycle and giving institutional investors fresh model support. Read More.
• Neutral Sentiment: Media/industry pieces (Zacks comparisons and analyst commentary) are highlighting Sterling as a beneficiary of public infrastructure momentum versus peers — useful context but not a direct catalyst. Read More. • Read More.
• Negative Sentiment: Valuation is stretched: trailing P/E ~52 and the stock is trading close to its 52‑week high — a setup that can prompt short‑term profit‑taking even after strong results.
• Negative Sentiment: Volume spiked (≈912K vs. avg ≈488K) while the share price fell, which looks like distribution/profit‑taking by holders who locked gains after the big guidance beat; that pressure can push the stock down in the short term.

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.