Van Hulzen Asset Management LLC Reduces Holdings in Sterling Infrastructure, Inc. $STRL

Van Hulzen Asset Management LLC decreased its position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) by 57.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,937 shares of the construction company’s stock after selling 2,628 shares during the period. Van Hulzen Asset Management LLC’s holdings in Sterling Infrastructure were worth $1,626,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in STRL. Wellington Shields & Co. LLC purchased a new position in shares of Sterling Infrastructure during the 2nd quarter worth about $29,000. Kemnay Advisory Services Inc. purchased a new stake in Sterling Infrastructure in the 4th quarter worth about $31,000. EverSource Wealth Advisors LLC lifted its stake in Sterling Infrastructure by 33.8% in 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. Cedar Mountain Advisors LLC lifted its stake in Sterling Infrastructure by 8,000.0% in the first quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company’s stock worth $33,000 after purchasing an additional 80 shares during the last quarter. Finally, Rakuten Securities Inc. lifted its stake in Sterling Infrastructure by 6,950.0% in the second quarter. Rakuten Securities Inc. now owns 141 shares of the construction company’s stock worth $33,000 after purchasing an additional 139 shares during the last quarter. Hedge funds and other institutional investors own 80.95% of the company’s stock.

Insiders Place Their Bets

In other Sterling Infrastructure news, General Counsel Mark Wolf sold 2,500 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $888.00, for a total transaction of $2,220,000.00. Following the transaction, the general counsel directly owned 28,137 shares in the company, valued at $24,985,656. This represents a 8.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is currently owned by company insiders.

Sterling Infrastructure Trading Down 1.4%

Shares of NASDAQ STRL opened at $495.15 on Thursday. Sterling Infrastructure, Inc. has a twelve month low of $281.58 and a twelve month high of $1,005.68. The firm has a market cap of $15.15 billion, a PE ratio of 35.70, a price-to-earnings-growth ratio of 1.75 and a beta of 1.85. The business has a fifty day simple moving average of $578.64 and a two-hundred day simple moving average of $605.44. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.19.

Sterling Infrastructure (NASDAQ:STRL) last posted its quarterly earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.01 by $0.79. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $969.22 million. Sterling Infrastructure had a return on equity of 40.12% and a net margin of 12.55%.The business’s revenue was up 90.4% compared to the same quarter last year. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. Analysts expect that Sterling Infrastructure, Inc. will post 19.14 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on STRL. Oppenheimer began coverage on Sterling Infrastructure in a research note on Thursday, May 28th. They set an “outperform” rating and a $950.00 target price on the stock. KeyCorp decreased their price target on Sterling Infrastructure from $922.00 to $754.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Wall Street Zen cut Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 5th. Cantor Fitzgerald cut their price objective on Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 5th. Finally, Zacks Research lowered Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $690.33.

Sterling Infrastructure Profile

Sterling Infrastructure, Inc provides infrastructure, engineering and construction services across the United States. The company serves public and private-sector customers through three primary business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

Its E-Infrastructure Solutions segment develops and builds large-scale infrastructure for data centers, advanced manufacturing facilities, energy and communications projects, and other complex industrial sites.