Alta Wealth Advisors LLC Takes Position in Sterling Infrastructure, Inc. $STRL

Key Points

• Alta Wealth Advisors opened a new position in Sterling Infrastructure by buying 1,956 shares (~$599,000), joining several institutions that together leave hedge funds and institutional investors owning 80.95% of the company.
• Sterling reported a record Q1 (adjusted EPS $3.59 vs. $2.29 estimate; revenue ~$825.7M vs. $603.6M estimate) and raised FY‑2026 guidance to $18.40–$19.05 EPS and $3.7B–$3.8B revenue, driving analyst upgrades and an intraday rally toward its 12‑month high.
• Notable insider selling has occurred recently — including CEO sales of 50,000 shares (~$24.9M) under a 10b5‑1 plan — leaving insiders with just 1.6% ownership, which could concern some investors despite the strong results.

Alta Wealth Advisors LLC purchased a new stake in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,956 shares of the construction company's stock, valued at approximately $599,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Telligent Fund LP acquired a new stake in Sterling Infrastructure during the third quarter valued at $1,019,000. Emerald Advisers LLC grew its position in Sterling Infrastructure by 50.3% during the third quarter. Emerald Advisers LLC now owns 82,582 shares of the construction company's stock valued at $28,051,000 after buying an additional 27,627 shares during the period. Allworth Financial LP grew its position in Sterling Infrastructure by 1,307.9% during the third quarter. Allworth Financial LP now owns 7,631 shares of the construction company's stock valued at $2,592,000 after buying an additional 7,089 shares during the period. Harbor Capital Advisors Inc. grew its position in Sterling Infrastructure by 6,893.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,287 shares of the construction company's stock valued at $1,007,000 after buying an additional 3,240 shares during the period. Finally, Lisanti Capital Growth LLC lifted its holdings in Sterling Infrastructure by 16.9% during the third quarter. Lisanti Capital Growth LLC now owns 32,471 shares of the construction company's stock valued at $11,030,000 after purchasing an additional 4,691 shares in the last quarter. Hedge funds and other institutional investors own 80.95% of the company's stock.

Sterling Infrastructure Stock Performance

NASDAQ:STRL opened at $529.49 on Tuesday. The company's 50-day moving average price is $436.19 and its 200-day moving average price is $381.32. 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 $16.24 billion, a P/E ratio of 56.51, a P/E/G ratio of 2.74 and a beta of 1.64. Sterling Infrastructure, Inc. has a twelve month low of $163.89 and a twelve month high of $548.00.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The construction company reported $3.59 earnings per share for the quarter, topping the consensus estimate of $2.29 by $1.30. The firm had revenue of $825.68 million for the quarter, compared to the consensus estimate of $603.58 million. Sterling Infrastructure had a net margin of 11.65% and a return on equity of 32.82%. During the same period last year, the firm posted $1.63 earnings per share. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. On average, sell-side analysts forecast that Sterling Infrastructure, Inc. will post 12.94 earnings per share for the current fiscal year.

Trending Headlines about Sterling Infrastructure

Here are the key news stories impacting Sterling Infrastructure this week:

• Positive Sentiment: Record Q1 results — Sterling reported adjusted EPS of $3.59 and revenue of ~$825.7M (around +92% YoY), beating consensus by a wide margin; adjusted EBITDA and net income were also notably strong, supporting upside to valuation. Sterling Infrastructure (STRL) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised FY‑2026 guidance materially — revenue guide $3.7B–$3.8B and adjusted diluted EPS $18.40–$19.05, well above Street expectations, signaling strong forward visibility and prompting the intraday rally. Sterling Reports Record First Quarter Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Backlog expansion and cash generation — backlog rose to ~$3.8B (combined backlog ~$5.15B) and cash flow/adjusted EBITDA were strong, improving multi‑year revenue visibility and execution confidence. Sterling Infrastructure (STRL) surges on record Q1 results and raised 2026 outlook
• Neutral Sentiment: Analyst coverage and price targets — several firms have targets in the $482–$572 range; the beat and guide may prompt upward revisions, but investor focus will shift to how management executes across the larger revenue base. Sterling Infrastructure (STRL) surges on record Q1 results and raised 2026 outlook
• Negative Sentiment: Recent insider selling — multiple insider sales (including by the CEO) were reported over the past six months; while common at high valuations, these sales could concern some shareholders about near‑term insider conviction. Sterling Infrastructure (STRL) surges on record Q1 results and raised 2026 outlook
• Negative Sentiment: Institutional portfolio changes — notable institutions trimmed positions in recent quarters; large prior reductions could amplify volatility despite the strong quarter. Sterling Infrastructure (STRL) surges on record Q1 results and raised 2026 outlook

Insider Activity

In other news, Director Dana C. O'brien sold 2,000 shares of the firm's 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 transaction, the director directly owned 11,498 shares of the company's stock, valued at approximately $4,714,180. This trade represents a 14.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Joseph A. Cutillo sold 50,000 shares of the firm's stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $497.57, for a total transaction of $24,878,500.00. Following the completion of the transaction, the chief executive officer directly owned 290,593 shares in the company, valued at approximately $144,590,359.01. This represents a 14.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 104,000 shares of company stock worth $49,162,500. Insiders own 1.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on STRL shares. Weiss Ratings raised shares of Sterling Infrastructure from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, January 26th. KeyCorp started coverage on shares of Sterling Infrastructure in a report on Thursday, April 23rd. They set an "overweight" rating and a $572.00 price objective on the stock. Argus started coverage on shares of Sterling Infrastructure in a report on Thursday, April 16th. They set a "buy" rating and a $510.00 price objective on the stock. Zacks Research raised shares of Sterling Infrastructure from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 4th. Finally, DA Davidson increased their price objective on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the company a "buy" rating in a report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $510.00.

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.

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