Danske Bank A S Decreases Holdings in Sterling Infrastructure, Inc. $STRL

Key Points

• Danske Bank A/S cut its stake in Sterling Infrastructure by 29.1% in Q4, selling 15,418 shares and leaving it with 37,574 shares (about $11.506 million, or 0.12% of the company).
• Analysts are broadly bullish on STRL with a consensus "Buy" rating and an average price target of $510, following several upgrades and raised targets (KeyCorp $572, DA Davidson $500, Cantor Fitzgerald $482).
• Sterling posted a strong quarter—EPS $3.08 (beat by $0.45) and revenue $755.6M—and set FY2026 guidance of 13.45–14.05 EPS, though insiders have sold roughly 104,000 shares (~$49.16M) in the past three months.

Danske Bank A S decreased its position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 29.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,574 shares of the construction company's stock after selling 15,418 shares during the period. Danske Bank A S owned 0.12% of Sterling Infrastructure worth $11,506,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. UMB Bank n.a. raised its holdings in shares of Sterling Infrastructure by 27.5% in 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 last quarter. Fifth Third Bancorp raised its holdings in shares of Sterling Infrastructure by 76.1% in 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 last quarter. Richardson Financial Services Inc. raised its holdings in shares of Sterling Infrastructure by 22.6% in 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 last quarter. GK Wealth Management LLC raised its holdings in shares of Sterling Infrastructure by 3.9% in 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 last quarter. Finally, Optiver Holding B.V. raised its holdings in shares of Sterling Infrastructure by 108.2% in 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 last quarter. Hedge funds and other institutional investors own 80.95% of the company's stock.

Analyst Upgrades and Downgrades

STRL has been the subject of a number of research analyst reports. Cantor Fitzgerald raised their price target on shares of Sterling Infrastructure from $413.00 to $482.00 and gave the stock an "overweight" rating in a report on Monday, March 2nd. 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 initiated coverage on shares of Sterling Infrastructure in a report on Thursday, April 23rd. They issued an "overweight" rating and a $572.00 price target for the company. DA Davidson raised their price target on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the stock a "buy" rating in a report on Friday, February 27th. Finally, Stifel Nicolaus set a $486.00 price target on shares of Sterling Infrastructure and gave the stock a "buy" rating in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $510.00.

Sterling Infrastructure Trading Up 0.1%

Shares of Sterling Infrastructure stock opened at $533.47 on Monday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a fifty day moving average price of $436.19 and a 200 day moving average price of $381.32. Sterling Infrastructure, Inc. has a 1 year low of $161.20 and a 1 year high of $537.67. The stock has a market cap of $16.37 billion, a PE ratio of 56.93, a price-to-earnings-growth ratio of 2.74 and a beta of 1.64.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last issued its earnings results on Wednesday, February 25th. The construction company reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.45. Sterling Infrastructure had a net margin of 11.65% and a return on equity of 32.82%. The firm had revenue of $755.61 million during the quarter, compared to analysts' expectations 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 12.94 earnings per share for the current year.

Insider Buying and Selling at Sterling Infrastructure

In related news, Director Dana C. O'brien sold 2,000 shares of the firm's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $410.00, for a total transaction of $820,000.00. Following the completion of the transaction, the director owned 11,498 shares of the company's stock, valued at $4,714,180. This trade represents a 14.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Joseph A. Cutillo sold 50,000 shares of the firm's stock in a transaction on 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 transaction, the chief executive officer directly owned 290,593 shares of the company's stock, valued at approximately $144,590,359.01. This trade represents a 14.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 104,000 shares of company stock valued at $49,162,500. 1.60% of the stock is currently owned by corporate insiders.

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.

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