Q4 EPS Estimates for Sterling Infrastructure Cut by KeyCorp

Sterling Infrastructure, Inc. (NASDAQ:STRL) – Equities researchers at KeyCorp cut their Q4 2026 EPS estimates for shares of Sterling Infrastructure in a research note issued to investors on Friday, August 7th. KeyCorp analyst S. Jain now forecasts that the construction company will earn $4.13 per share for the quarter, down from their prior forecast of $4.23. KeyCorp currently has a “Overweight” rating and a $754.00 price target on the stock. The consensus estimate for Sterling Infrastructure’s current full-year earnings is $19.13 per share.

Sterling Infrastructure (NASDAQ:STRL) last released its quarterly earnings data on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.01 by $0.79. Sterling Infrastructure had a return on equity of 40.12% and a net margin of 12.55%.The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $969.22 million. The business’s quarterly 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.

Several other equities research analysts also recently weighed in on STRL. Oppenheimer started coverage on shares of Sterling Infrastructure in a report on Thursday, May 28th. They issued an “outperform” rating and a $950.00 price objective for the company. Weiss Ratings downgraded shares of Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, July 28th. Argus began coverage on shares of Sterling Infrastructure in a research note on Thursday, April 16th. They issued a “buy” rating and a $510.00 price target for the company. Zacks Research cut shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Friday. Finally, Cantor Fitzgerald dropped their target price on Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating on the stock in a report on Wednesday, August 5th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $657.00.

Sterling Infrastructure Stock Performance

Shares of NASDAQ STRL opened at $528.51 on Tuesday. Sterling Infrastructure has a 12-month low of $263.45 and a 12-month high of $1,005.68. The company has a market cap of $16.17 billion, a PE ratio of 38.10, a P/E/G ratio of 1.91 and a beta of 1.88. The stock has a 50 day simple moving average of $734.49 and a 200-day simple moving average of $587.22. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.19.

Institutional Investors Weigh In On Sterling Infrastructure

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Engle Capital Management L.P. lifted its stake in shares of Sterling Infrastructure by 156.5% in the first quarter. Engle Capital Management L.P. now owns 26,500 shares of the construction company’s stock worth $10,793,000 after buying an additional 16,167 shares during the last quarter. Northwestern Mutual Investment Management Company LLC acquired a new position in Sterling Infrastructure during the 4th quarter worth $2,105,000. Private Advisor Group LLC lifted its position in Sterling Infrastructure by 28.2% during the 1st quarter. Private Advisor Group LLC now owns 7,099 shares of the construction company’s stock worth $2,891,000 after acquiring an additional 1,561 shares during the last quarter. Truist Financial Corp boosted its holdings in Sterling Infrastructure by 30.8% during the fourth quarter. Truist Financial Corp now owns 5,005 shares of the construction company’s stock valued at $1,533,000 after acquiring an additional 1,179 shares during the period. Finally, Ranger Investment Management L.P. acquired a new stake in shares of Sterling Infrastructure in the first quarter valued at about $21,844,000. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Sterling Infrastructure

In other Sterling Infrastructure news, General Counsel Mark D. Wolf sold 2,500 shares of the company’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $888.00, for a total value of $2,220,000.00. Following the transaction, the general counsel directly owned 28,137 shares of the company’s stock, valued at $24,985,656. This represents a 8.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.60% of the company’s stock.

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.