Sterling Infrastructure, Inc. $STRL Stock: SteelPeak Wealth LLC Lowers Holdings

SteelPeak Wealth LLC reduced its position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) by 84.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 679 shares of the construction company’s stock after selling 3,666 shares during the quarter. SteelPeak Wealth LLC’s holdings in Sterling Infrastructure were worth $334,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in STRL. Signature Equity Partners LLC grew its position in shares of Sterling Infrastructure by 19.5% in the 1st quarter. Signature Equity Partners LLC now owns 104 shares of the construction company’s stock valued at $42,000 after acquiring an additional 17 shares during the period. World Investment Advisors increased its stake in shares of Sterling Infrastructure by 2.4% during the 1st quarter. World Investment Advisors now owns 870 shares of the construction company’s stock worth $354,000 after purchasing an additional 20 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of Sterling Infrastructure by 35.7% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 76 shares of the construction company’s stock worth $59,000 after purchasing an additional 20 shares during the last quarter. Ritholtz Wealth Management increased its stake in shares of Sterling Infrastructure by 3.6% during the 1st quarter. Ritholtz Wealth Management now owns 686 shares of the construction company’s stock worth $279,000 after purchasing an additional 24 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Sterling Infrastructure by 43.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 79 shares of the construction company’s stock valued at $66,000 after purchasing an additional 24 shares during the period. Institutional investors and hedge funds own 80.95% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Stifel Nicolaus cut their target price on shares of Sterling Infrastructure from $804.00 to $742.00 and set a “buy” rating for the company in a research note on Thursday, October 8th. Zacks Research cut Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Weiss Ratings downgraded Sterling Infrastructure from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, September 9th. DA Davidson began coverage on Sterling Infrastructure in a research report on Friday, August 21st. They set a “buy” rating and a $700.00 price target on the stock. Finally, Wall Street Zen lowered Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 5th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $733.17.

Sterling Infrastructure Trading Down 2.7%

STRL stock opened at $412.25 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.11 and a quick ratio of 1.11. The company has a fifty day moving average price of $500.56 and a two-hundred day moving average price of $620.41. Sterling Infrastructure, Inc. has a one year low of $281.58 and a one year high of $1,005.68. The stock has a market cap of $12.61 billion, a price-to-earnings ratio of 27.50, a price-to-earnings-growth ratio of 1.48 and a beta of 1.86.

Sterling Infrastructure (NASDAQ:STRL) last released its quarterly earnings data on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.01 by $0.79. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $969.22 million. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The firm’s quarterly revenue was up 90.4% on a year-over-year basis. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. Equities analysts anticipate that Sterling Infrastructure, Inc. will post 19.10 EPS for the current year.

Sterling Infrastructure Profile

Sterling Infrastructure, Inc is a U.S.-based infrastructure services company that provides construction and specialty contracting solutions through three principal business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

Its E-Infrastructure Solutions segment supports the development of data centers, advanced manufacturing facilities, energy and power infrastructure, and other large-scale industrial projects. Transportation Solutions provides construction and rehabilitation services for highways, roads, bridges, airports, rail and transit systems, and related public infrastructure.