Guardian Wealth Management Inc. Has $8.43 Million Position in Sterling Infrastructure, Inc. $STRL

Key Points

• Guardian Wealth Management reduced its Sterling Infrastructure position by 69.8% in the second quarter, selling 23,266 shares. It retained 10,048 shares valued at $8.43 million, representing 4.1% of its portfolio.
• Sterling Infrastructure reported quarterly EPS of $5.80, exceeding estimates of $5.01, while revenue reached $1.17 billion—up 90.4% year over year. The company issued fiscal 2026 EPS guidance of $19.70 to $20.30.
• The stock opened at $486.49, below its 50-day and 200-day moving averages. Analysts maintain a “Moderate Buy” consensus, with an average price target of $690.33 despite several recent target reductions.

Guardian Wealth Management Inc. lessened its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 69.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,048 shares of the construction company's stock after selling 23,266 shares during the quarter. Sterling Infrastructure accounts for approximately 4.1% of Guardian Wealth Management Inc.'s portfolio, making the stock its 3rd largest position. Guardian Wealth Management Inc.'s holdings in Sterling Infrastructure were worth $8,434,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Sterling Infrastructure during the second quarter valued at approximately $2,713,946,000. Jupiter Topco LLC purchased a new stake in shares of Sterling Infrastructure during the 2nd quarter valued at approximately $395,056,000. State Street Corp lifted its position in shares of Sterling Infrastructure by 62.0% during the second quarter. State Street Corp now owns 1,131,751 shares of the construction company's stock worth $261,129,000 after acquiring an additional 433,311 shares in the last quarter. Invesco Ltd. increased its position in shares of Sterling Infrastructure by 29.8% during the third quarter. Invesco Ltd. now owns 955,387 shares of the construction company's stock valued at $324,526,000 after buying an additional 219,477 shares during the period. Finally, First Trust Advisors LP grew its stake in Sterling Infrastructure by 27.3% during the first quarter. First Trust Advisors LP now owns 877,990 shares of the construction company's stock valued at $357,579,000 after acquiring an additional 188,048 shares in the last quarter. 80.95% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Sterling Infrastructure

In other Sterling Infrastructure news, General Counsel Mark Wolf sold 2,500 shares of the company's stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $888.00, for a total value of $2,220,000.00. Following the completion of the transaction, the general counsel directly owned 28,137 shares in the company, 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 SEC, which is available through this hyperlink. 1.60% of the stock is currently owned by insiders.

Sterling Infrastructure Price Performance

STRL opened at $486.49 on Friday. The stock has a 50-day moving average price of $597.56 and a 200-day moving average price of $602.61. The firm has a market cap of $14.88 billion, a PE ratio of 35.08, a P/E/G ratio of 1.69 and a beta of 1.85. Sterling Infrastructure, Inc. has a 1 year low of $270.00 and a 1 year high of $1,005.68. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.11 and a quick ratio of 1.11.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.01 by $0.79. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate 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. Sell-side analysts predict that Sterling Infrastructure, Inc. will post 19.14 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on STRL. Cantor Fitzgerald cut their price objective on Sterling Infrastructure from $956.00 to $742.00 and set an "overweight" rating for the company in a report on Wednesday, August 5th. Weiss Ratings downgraded shares of Sterling Infrastructure from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, July 28th. KeyCorp cut their price objective on shares of Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating for the company in a research note on Wednesday, August 5th. DA Davidson started coverage on Sterling Infrastructure in a research note on Friday, August 21st. They set a "buy" rating and a $700.00 price objective on the stock. Finally, Oppenheimer initiated 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. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Sterling Infrastructure currently has an average rating of "Moderate Buy" and an average price target of $690.33.

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.

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