Alyeska Investment Group L.P. Has $38.47 Million Position in Sterling Infrastructure, Inc. $STRL

Key Points

• Alyeska Investment Group increased its Sterling Infrastructure position by 35.5% in the second quarter, holding 45,828 shares valued at approximately $38.47 million. Institutional investors and hedge funds collectively own 80.95% of the company.
• Sterling Infrastructure reported quarterly EPS of $5.80, exceeding estimates of $5.01, while revenue rose 90.4% year over year to $1.17 billion. The company issued fiscal 2026 EPS guidance of $19.70–$20.30.
• Analyst sentiment remains positive, with seven Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of $690.33, despite some recent target reductions.

Alyeska Investment Group L.P. lifted its position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 35.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,828 shares of the construction company's stock after acquiring an additional 12,004 shares during the period. Alyeska Investment Group L.P. owned approximately 0.15% of Sterling Infrastructure worth $38,466,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Empowered Funds LLC bought a new stake in Sterling Infrastructure during the first quarter worth $378,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Sterling Infrastructure by 12.9% during the first 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 acquiring an additional 9,625 shares in the last quarter. Focus Partners Wealth raised its stake in Sterling Infrastructure by 13.7% during the first quarter. Focus Partners Wealth now owns 2,313 shares of the construction company's stock worth $262,000 after acquiring an additional 279 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Sterling Infrastructure in the second quarter worth about $5,929,000. Finally, Cerity Partners LLC boosted its stake in shares of Sterling Infrastructure by 195.7% in 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 in the last quarter. Institutional investors and hedge funds own 80.95% of the company's stock.

Sterling Infrastructure Stock Performance

STRL opened at $470.52 on Monday. Sterling Infrastructure, Inc. has a twelve month low of $266.13 and a twelve month high of $1,005.68. The company has a fifty day moving average of $638.53 and a 200-day moving average of $602.55. The stock has a market cap of $14.39 billion, a PE ratio of 33.92, a price-to-earnings-growth ratio of 1.64 and a beta of 1.88. 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 - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, beating analysts' consensus estimates of $5.01 by $0.79. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The business had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $969.22 million. 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. On average, sell-side analysts predict that Sterling Infrastructure, Inc. will post 19.14 EPS for the current year.

Insider Buying and Selling

In other Sterling Infrastructure news, General Counsel Mark D. Wolf sold 2,500 shares of Sterling Infrastructure stock in a transaction that occurred on 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 completion of the sale, the general counsel directly owned 28,137 shares in the company, valued at approximately $24,985,656. The trade was a 8.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

STRL has been the topic of a number of research reports. Zacks Research cut shares of Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 7th. DA Davidson initiated coverage on Sterling Infrastructure in a report on Friday, August 21st. They set a "buy" rating and a $700.00 price objective on the stock. Cantor Fitzgerald reduced 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. Wall Street Zen upgraded Sterling Infrastructure from a "buy" rating to a "strong-buy" rating in a research report on Monday, August 24th. Finally, Weiss Ratings cut Sterling Infrastructure from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, July 28th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $690.33.

Sterling Infrastructure 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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