Hsbc Holdings PLC Has $2.89 Million Stock Holdings in Sterling Infrastructure, Inc. $STRL

Key Points

• HSBC Holdings cut its Sterling Infrastructure stake by 77.2% in the second quarter, leaving 3,443 shares valued at approximately $2.89 million. Institutional investors and hedge funds collectively own 80.95% of the company.
• Sterling Infrastructure reported quarterly EPS of $5.80, exceeding the $5.01 consensus estimate, while revenue reached $1.17 billion—up 90.4% year over year. The company issued fiscal 2026 EPS guidance of $19.70–$20.30.
• The stock opened at $484.86, well below its 52-week high of $1,005.68. Analysts remain moderately bullish, with six Buy ratings, two Holds, and a consensus price target of $690.33, although several firms recently lowered their targets.

Hsbc Holdings PLC trimmed its position in Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 77.2% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 3,443 shares of the construction company's stock after selling 11,668 shares during the period. Hsbc Holdings PLC's holdings in Sterling Infrastructure were worth $2,889,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Empowered Funds LLC bought a new position in Sterling Infrastructure in the first quarter valued at about $378,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Sterling Infrastructure by 12.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 83,983 shares of the construction company's stock worth $9,508,000 after purchasing an additional 9,625 shares during the period. Focus Partners Wealth raised its holdings in Sterling Infrastructure by 13.7% during the 1st quarter. Focus Partners Wealth now owns 2,313 shares of the construction company's stock worth $262,000 after purchasing an additional 279 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Sterling Infrastructure during the 2nd quarter worth about $5,929,000. Finally, Cerity Partners LLC lifted its position in Sterling Infrastructure by 195.7% during the 2nd quarter. Cerity Partners LLC now owns 19,522 shares of the construction company's stock valued at $4,504,000 after purchasing an additional 12,921 shares during the period. 80.95% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Sterling Infrastructure

In other news, General Counsel Mark Wolf sold 2,500 shares of the firm's stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $888.00, for a total transaction of $2,220,000.00. Following the sale, the general counsel owned 28,137 shares of the company's stock, valued at $24,985,656. This trade 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 corporate insiders.

Sterling Infrastructure Trading Down 2.1%

Shares of NASDAQ STRL opened at $484.86 on Friday. The company's fifty day moving average is $574.33 and its 200-day moving average is $605.79. The stock has a market cap of $14.83 billion, a price-to-earnings ratio of 34.96, a P/E/G ratio of 1.72 and a beta of 1.85. Sterling Infrastructure, Inc. has a twelve month low of $281.58 and a twelve month high of $1,005.68. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.19.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, beating analysts' consensus estimates of $5.01 by $0.79. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $969.22 million. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The company's quarterly 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. Equities research analysts predict that Sterling Infrastructure, Inc. will post 19.14 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on STRL shares. Wall Street Zen cut shares of Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 5th. KeyCorp cut their price objective on shares of Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating on the stock in a report on Wednesday, August 5th. Weiss Ratings cut shares of Sterling Infrastructure from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday. Cantor Fitzgerald lowered their target price on shares of Sterling Infrastructure from $956.00 to $742.00 and set an "overweight" rating for the company in a report on Wednesday, August 5th. Finally, Zacks Research cut shares of Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 7th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Sterling Infrastructure presently has an average rating of "Moderate Buy" and a consensus price target of $690.33.

About Sterling Infrastructure

Sterling Infrastructure, Inc provides infrastructure, engineering and construction services across the United States. The company serves public and private-sector customers through three primary business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

Its E-Infrastructure Solutions segment develops and builds large-scale infrastructure for data centers, advanced manufacturing facilities, energy and communications projects, and other complex industrial sites.

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