Leibman Financial Services Inc. Cuts Stock Position in Sterling Infrastructure, Inc. $STRL

Leibman Financial Services Inc. lessened its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) by 73.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,349 shares of the construction company’s stock after selling 9,452 shares during the quarter. Leibman Financial Services Inc.’s holdings in Sterling Infrastructure were worth $1,026,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Sterling Infrastructure in the second quarter valued at approximately $26,000. Root Financial Partners LLC purchased a new stake in Sterling Infrastructure during the 3rd quarter worth approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Sterling Infrastructure during the 3rd quarter worth approximately $28,000. Fifth Third Bancorp lifted its holdings in Sterling Infrastructure by 76.1% during the 3rd quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock worth $28,000 after buying an additional 35 shares in the last quarter. Finally, Bogart Wealth LLC boosted its position in Sterling Infrastructure by 535.7% in the 3rd quarter. Bogart Wealth LLC now owns 89 shares of the construction company’s stock valued at $30,000 after buying an additional 75 shares during the period. Hedge funds and other institutional investors own 80.95% of the company’s stock.

Sterling Infrastructure Trading Up 2.5%

Shares of NASDAQ:STRL opened at $431.78 on Friday. Sterling Infrastructure, Inc. has a 52 week low of $96.34 and a 52 week high of $477.03. The company’s 50 day moving average is $394.43 and its two-hundred day moving average is $356.46. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.25. The company has a market cap of $13.23 billion, a PE ratio of 46.08, a P/E/G ratio of 2.19 and a beta of 1.48.

Sterling Infrastructure (NASDAQ:STRL) last released its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.45. The business had revenue of $755.61 million during the quarter, compared to analysts’ expectations of $639.41 million. Sterling Infrastructure had a net margin of 11.65% and a return on equity of 32.82%. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. Equities analysts predict that Sterling Infrastructure, Inc. will post 5.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on STRL shares. Zacks Research raised Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Stifel Nicolaus set a $486.00 target price on Sterling Infrastructure and gave the company a “buy” rating in a report on Wednesday, February 11th. Weiss Ratings raised Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Wall Street Zen upgraded Sterling Infrastructure from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. Finally, Cantor Fitzgerald increased their price target on Sterling Infrastructure from $413.00 to $482.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $489.33.

Insiders Place Their Bets

In other news, Director Dwayne Andree Wilson sold 2,860 shares of the company’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $350.00, for a total transaction of $1,001,000.00. Following the completion of the transaction, the director directly owned 14,749 shares of the company’s stock, valued at approximately $5,162,150. This represents a 16.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dana C. O’brien sold 2,000 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $410.00, for a total value of $820,000.00. Following the completion of the transaction, the director owned 11,498 shares in the company, valued at approximately $4,714,180. The trade was a 14.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 6,860 shares of company stock worth $2,611,000. 3.70% of the stock is owned by 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.