Sterling Infrastructure (NASDAQ:STRL) Stock Price Up 3.2% – Time to Buy?

Sterling Infrastructure, Inc. (NASDAQ:STRL) shares traded up 3.2% during mid-day trading on Tuesday . The stock traded as high as $506.28 and last traded at $502.20. 722,603 shares were traded during trading, an increase of 14% from the average daily volume of 635,267 shares. The stock had previously closed at $486.49.

Wall Street Analyst Weigh In

Several research firms have commented on STRL. Weiss Ratings cut Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. Zacks Research lowered Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. 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 objective on the stock. KeyCorp cut their target price 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. Finally, Cantor Fitzgerald reduced their target price on Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating for the company in a research report on Wednesday, August 5th. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $690.33.

Sterling Infrastructure Stock Performance

The firm has a market capitalization of $15.36 billion, a price-to-earnings ratio of 36.21, a price-to-earnings-growth ratio of 1.69 and a beta of 1.85. The firm’s 50-day moving average price is $591.02 and its two-hundred day moving average price is $604.24. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.11 and a current ratio of 1.11.

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 the consensus estimate of $5.01 by $0.79. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $969.22 million. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The company’s revenue for the quarter 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. Sell-side analysts predict that Sterling Infrastructure, Inc. will post 19.14 earnings per share for the current year.

Insider Activity at Sterling Infrastructure

In related news, General Counsel Mark Wolf sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $888.00, for a total transaction of $2,220,000.00. Following the completion of the transaction, the general counsel owned 28,137 shares in the company, valued at $24,985,656. This trade represents a 8.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC acquired a new stake in shares of Sterling Infrastructure in the 1st quarter valued at $378,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Sterling Infrastructure by 12.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 83,983 shares of the construction company’s stock worth $9,508,000 after purchasing an additional 9,625 shares in the last quarter. Focus Partners Wealth lifted its holdings in Sterling Infrastructure by 13.7% during the 1st quarter. Focus Partners Wealth now owns 2,313 shares of the construction company’s stock valued at $262,000 after purchasing an additional 279 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Sterling Infrastructure during the 2nd quarter valued at about $5,929,000. Finally, Cerity Partners LLC lifted its holdings in Sterling Infrastructure by 195.7% during the 2nd quarter. Cerity Partners LLC now owns 19,522 shares of the construction company’s stock valued at $4,504,000 after purchasing an additional 12,921 shares during the last quarter. 80.95% of the stock is currently owned by institutional investors and hedge funds.

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.