Global Retirement Partners LLC Makes New Investment in Sterling Infrastructure, Inc. $STRL

Key Points

• Global Retirement Partners acquired 5,200 shares of Sterling Infrastructure worth approximately $4.4 million, while institutional investors collectively own 80.95% of the company.
• Sterling Infrastructure reported quarterly EPS of $5.80, beating estimates by $0.79, and revenue of $1.17 billion, up 90.4% year over year. The company guided to fiscal 2026 EPS of $19.70–$20.30.
• Analyst sentiment remains positive but targets were lowered: the stock carries a “Moderate Buy” consensus and a $657 average price target, while an insider recently sold 2,500 shares for $2.22 million.

Global Retirement Partners LLC acquired a new position in Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,200 shares of the construction company's stock, valued at approximately $4,365,000.

Other large investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its holdings in Sterling Infrastructure by 100.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 60 shares of the construction company's stock worth $50,000 after buying an additional 30 shares in the last quarter. Cedar Mountain Advisors LLC raised its position in Sterling Infrastructure by 8,000.0% in the 1st quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company's stock valued at $33,000 after buying an additional 80 shares during the last quarter. NFSG Corp lifted its stake in Sterling Infrastructure by 578.6% during the 1st quarter. NFSG Corp now owns 95 shares of the construction company's stock valued at $39,000 after acquiring an additional 81 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in Sterling Infrastructure during the 4th quarter valued at $31,000. Finally, Signature Equity Partners LLC boosted its holdings in Sterling Infrastructure by 19.5% during the 1st quarter. Signature Equity Partners LLC now owns 104 shares of the construction company's stock worth $42,000 after acquiring an additional 17 shares during the last quarter. Institutional investors own 80.95% of the company's stock.

Insider Transactions at Sterling Infrastructure

In other Sterling Infrastructure news, General Counsel Mark D. Wolf sold 2,500 shares of the company's stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $888.00, for a total transaction of $2,220,000.00. Following the sale, the general counsel directly owned 28,137 shares of the company's stock, valued at $24,985,656. This represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.60% of the company's stock.

Sterling Infrastructure Price Performance

Shares of NASDAQ STRL opened at $576.48 on Monday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.19. The stock has a fifty day simple moving average of $704.54 and a two-hundred day simple moving average of $592.66. Sterling Infrastructure, Inc. has a 1-year low of $263.45 and a 1-year high of $1,005.68. The firm has a market cap of $17.63 billion, a price-to-earnings ratio of 41.56, a price-to-earnings-growth ratio of 2.01 and a beta of 1.88.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last issued its earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.01 by $0.79. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $969.22 million. Sterling Infrastructure had a return on equity of 40.12% and a net margin of 12.55%.The firm's revenue was up 90.4% on a year-over-year basis. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. Analysts anticipate that Sterling Infrastructure, Inc. will post 19.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on STRL shares. Cantor Fitzgerald reduced their target price on shares of Sterling Infrastructure from $956.00 to $742.00 and set an "overweight" rating for the company in a research note on Wednesday, August 5th. KeyCorp dropped their price target on shares of Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 5th. Wall Street Zen downgraded shares of Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a research report on Sunday. Oppenheimer began coverage on shares of Sterling Infrastructure in a research note on Thursday, May 28th. They issued an "outperform" rating and a $950.00 price objective for the company. Finally, Weiss Ratings cut shares of Sterling Infrastructure from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, July 28th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Sterling Infrastructure presently has a consensus rating of "Moderate Buy" and a consensus price target of $657.00.

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.

Want to see what other hedge funds are holding STRL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source