Entropy Technologies LP Takes Position in Sterling Infrastructure, Inc. $STRL

Key Points

• Entropy Technologies LP opened a new position in Sterling Infrastructure, buying 11,280 shares valued at about $3.45 million in the fourth quarter.
• Institutional interest in STRL remains strong, with hedge funds and other institutional investors owning about 80.95% of the company’s stock.
• Analysts remain bullish after recent upgrades and strong results: Sterling beat its last quarter’s EPS and revenue estimates, and the stock carries a Buy consensus with average price targets well above current levels.

Entropy Technologies LP bought a new position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,280 shares of the construction company's stock, valued at approximately $3,454,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fifth Third Bancorp lifted its holdings in Sterling Infrastructure by 76.1% in the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company's stock valued at $28,000 after buying an additional 35 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Sterling Infrastructure by 33.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company's stock valued at $33,000 after buying an additional 27 shares during the period. Rakuten Securities Inc. lifted its holdings in Sterling Infrastructure by 6,950.0% in the second quarter. Rakuten Securities Inc. now owns 141 shares of the construction company's stock valued at $33,000 after buying an additional 139 shares during the period. Optiver Holding B.V. lifted its holdings in Sterling Infrastructure by 108.2% in the third quarter. Optiver Holding B.V. now owns 102 shares of the construction company's stock valued at $35,000 after buying an additional 53 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in Sterling Infrastructure by 316.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 104 shares of the construction company's stock valued at $35,000 after buying an additional 79 shares during the period. Institutional investors and hedge funds own 80.95% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on STRL. KeyCorp boosted their target price on shares of Sterling Infrastructure from $889.00 to $922.00 and gave the company an "overweight" rating in a report on Tuesday, June 2nd. Oppenheimer began coverage on shares of Sterling Infrastructure in a report on Thursday, May 28th. They issued an "outperform" rating and a $950.00 target price on the stock. Weiss Ratings lowered shares of Sterling Infrastructure from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, May 14th. Zacks Research upgraded shares of Sterling Infrastructure from a "hold" rating to a "strong-buy" rating in a report on Monday, June 1st. Finally, Cantor Fitzgerald lifted their price target on shares of Sterling Infrastructure from $482.00 to $956.00 and gave the company an "overweight" rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $720.67.

Sterling Infrastructure News Summary

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

• Positive Sentiment: Sidoti raised multiple earnings estimates for Sterling Infrastructure (STRL), including FY2026 and FY2027, signaling expectations for continued strong profit growth and supporting a bullish view on the stock. Sidoti earnings estimate updates
• Positive Sentiment: Another recent report said Wall Street remains positive on Sterling Infrastructure (STRL), citing a consensus Buy rating and a median 12-month price target of $950, which suggests analysts still see upside from current levels. Wall Street remains positive article
• Positive Sentiment: Zacks highlighted Sterling Infrastructure (STRL) as a solid growth stock, pointing to its strong growth attributes as a reason it could generate exceptional returns. Zacks growth stock article
• Positive Sentiment: Broker-focused commentary also pointed investors toward Sterling Infrastructure (STRL), reinforcing that the stock is drawing attention from analysts and the market. Broker suggestions article
• Neutral Sentiment: The company’s recent earnings history already supports the bullish narrative: Sterling Infrastructure beat expectations in its last quarterly report, and current guidance remains strong, helping justify elevated investor expectations.

Insider Activity

In other news, CEO Joseph A. Cutillo sold 50,000 shares of Sterling Infrastructure stock in a transaction dated Thursday, April 23rd. The shares were 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 $144,590,359.01. This trade represents a 14.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.60% of the stock is owned by corporate insiders.

Sterling Infrastructure Stock Performance

STRL opened at $858.99 on Monday. Sterling Infrastructure, Inc. has a 1-year low of $197.73 and a 1-year high of $1,005.68. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.23. The company has a market cap of $26.36 billion, a P/E ratio of 76.83, a price-to-earnings-growth ratio of 3.14 and a beta of 1.82. The company has a fifty day moving average price of $674.47 and a two-hundred day moving average price of $477.10.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The construction company reported $3.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $1.30. The firm had revenue of $825.68 million during the quarter, compared to analysts' expectations of $603.58 million. Sterling Infrastructure had a net margin of 12.02% and a return on equity of 35.64%. During the same period last year, the company earned $1.63 earnings per share. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. Analysts predict that Sterling Infrastructure, Inc. will post 18.26 EPS for the current fiscal year.

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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