Burney Co. Lowers Stake in Sterling Infrastructure, Inc. $STRL

Key Points

• Burney Co. trimmed its stake in Sterling Infrastructure by 10.8% in Q4, selling 2,384 shares and ending the period with 19,782 shares valued at about $6.06 million (0.06% ownership).
• Sterling reported a strong quarter—$3.08 EPS vs. $2.63 expected and $755.6M revenue vs. $639.4M—and set FY2026 EPS guidance of 13.45–14.05, while analysts have upgraded the stock to a consensus "Buy" with a $489.33 target.
• Insiders have sold 56,860 shares worth $25.29 million in the past 90 days (including director sales at ~$350–$410), even as hedge funds and other institutions hold roughly 80.95% of the stock and insiders own 3.70%.

Burney Co. lowered its stake in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,782 shares of the construction company's stock after selling 2,384 shares during the period. Burney Co. owned 0.06% of Sterling Infrastructure worth $6,058,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. UMB Bank n.a. lifted its holdings in Sterling Infrastructure by 27.5% during the third quarter. UMB Bank n.a. now owns 130 shares of the construction company's stock worth $44,000 after buying an additional 28 shares during the period. Fifth Third Bancorp lifted its holdings in Sterling Infrastructure by 76.1% during the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company's stock worth $28,000 after buying an additional 35 shares during the period. Richardson Financial Services Inc. lifted its holdings in Sterling Infrastructure by 22.6% during the third quarter. Richardson Financial Services Inc. now owns 233 shares of the construction company's stock worth $79,000 after buying an additional 43 shares during the period. GK Wealth Management LLC lifted its holdings in Sterling Infrastructure by 3.9% during the fourth quarter. GK Wealth Management LLC now owns 1,367 shares of the construction company's stock worth $419,000 after buying an additional 51 shares during the period. Finally, Optiver Holding B.V. lifted its holdings in Sterling Infrastructure by 108.2% during the third quarter. Optiver Holding B.V. now owns 102 shares of the construction company's stock worth $35,000 after buying an additional 53 shares during the period. Hedge funds and other institutional investors own 80.95% of the company's stock.

Sterling Infrastructure Stock Performance

Shares of STRL opened at $446.36 on Friday. Sterling Infrastructure, Inc. has a 12 month low of $128.77 and a 12 month high of $477.03. The stock has a fifty day moving average price of $416.79 and a 200-day moving average price of $368.50. 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 firm has a market cap of $13.69 billion, a PE ratio of 47.64, a P/E/G ratio of 2.32 and a beta of 1.51.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 EPS for the quarter, beating the consensus estimate of $2.63 by $0.45. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.The firm had revenue of $755.61 million during the quarter, compared to analyst estimates of $639.41 million. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. Equities research analysts predict that Sterling Infrastructure, Inc. will post 5.98 earnings per share for the current fiscal year.

Insider Activity at Sterling Infrastructure

In related news, Director Dwayne Andree Wilson sold 2,860 shares of the company's stock in a transaction on Friday, January 16th. The stock was sold at an average price of $350.00, for a total value of $1,001,000.00. Following the transaction, the director directly owned 14,749 shares of the company's stock, valued at $5,162,150. This represents a 16.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dana C. O'brien sold 2,000 shares of the company's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $410.00, for a total value of $820,000.00. Following the completion of the transaction, the director directly owned 11,498 shares in the company, valued at approximately $4,714,180. The trade was a 14.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 56,860 shares of company stock valued at $25,285,000 in the last ninety days. Company insiders own 3.70% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on STRL. Zacks Research upgraded Sterling Infrastructure from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 4th. Weiss Ratings upgraded Sterling Infrastructure from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, January 26th. Stifel Nicolaus set a $486.00 price objective on Sterling Infrastructure and gave the company a "buy" rating in a report on Wednesday, February 11th. DA Davidson increased their price objective on Sterling Infrastructure from $460.00 to $500.00 and gave the company a "buy" rating in a report on Friday, February 27th. Finally, Cantor Fitzgerald increased their price objective on Sterling Infrastructure from $413.00 to $482.00 and gave the company an "overweight" rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. Based on data from MarketBeat, Sterling Infrastructure currently has a consensus rating of "Buy" and a consensus price target of $489.33.

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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