Oppenheimer & Co. Inc. Sells 1,346 Shares of Sterling Infrastructure, Inc. $STRL

Key Points

• Sterling Infrastructure beat expectations in Q1 with EPS $3.59 versus ~$2.29 and revenue $825.7M versus ~$603.6M, raised FY‑2026 guidance to 18.40–19.05 EPS, and the stock jumped about 10% toward a 52‑week high.
• Significant insider selling: CEO Joseph A. Cutillo sold 50,000 shares for ~$24.9M under a Rule 10b5‑1 plan, and insiders have sold 104,000 shares (~$49.16M) over the past three months, leaving insiders with 1.60% ownership.
• Analysts and institutions turned more bullish—six Buys and one Hold with a consensus "Moderate Buy" and $573.40 price target (KeyCorp raised its target to $889)—while institutional investors own roughly 80.95% of the stock.

Oppenheimer & Co. Inc. cut its position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 27.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,569 shares of the construction company's stock after selling 1,346 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in Sterling Infrastructure were worth $1,093,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Root Financial Partners LLC bought a new stake in shares of Sterling Infrastructure during the third quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Sterling Infrastructure in the 3rd quarter worth approximately $28,000. Fifth Third Bancorp raised its stake in Sterling Infrastructure by 76.1% in the 3rd quarter. Fifth Third Bancorp now owns 81 shares of the construction company's stock valued at $28,000 after acquiring an additional 35 shares during the period. Bogart Wealth LLC raised its holdings in Sterling Infrastructure by 535.7% during the 3rd quarter. Bogart Wealth LLC now owns 89 shares of the construction company's stock valued at $30,000 after acquiring an additional 75 shares during the period. Finally, Rakuten Securities Inc. lifted its holdings in shares of Sterling Infrastructure by 6,950.0% in the second quarter. Rakuten Securities Inc. now owns 141 shares of the construction company's stock worth $33,000 after buying an additional 139 shares in the last quarter. 80.95% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Stifel Nicolaus set a $486.00 price target on shares of Sterling Infrastructure and gave the stock a "buy" rating in a research note on Wednesday, February 11th. Zacks Research cut Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 1st. Wall Street Zen lowered Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 28th. KeyCorp lifted their target price on Sterling Infrastructure from $572.00 to $889.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, Weiss Ratings upgraded Sterling Infrastructure from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, January 26th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $573.40.

Insiders Place Their Bets

In other news, CEO Joseph A. Cutillo sold 50,000 shares of the company's stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $497.57, for a total value of $24,878,500.00. Following the transaction, the chief executive officer directly owned 290,593 shares in the company, valued at approximately $144,590,359.01. This represents a 14.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dana C. O'brien sold 2,000 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $410.00, for a total value of $820,000.00. Following the completion of the transaction, the director directly owned 11,498 shares in the company, valued at approximately $4,714,180. This trade represents a 14.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 104,000 shares of company stock valued at $49,162,500 over the last three months. Insiders own 1.60% of the company's stock.

Sterling Infrastructure Stock Up 10.0%

Shares of STRL opened at $886.22 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.10 and a quick ratio of 1.01. Sterling Infrastructure, Inc. has a 1 year low of $171.38 and a 1 year high of $888.95. The business's 50 day simple moving average is $452.64 and its 200-day simple moving average is $388.12. The stock has a market capitalization of $27.19 billion, a price-to-earnings ratio of 79.27, a price-to-earnings-growth ratio of 4.15 and a beta of 1.64.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last released its quarterly earnings results on Monday, May 4th. The construction company reported $3.59 EPS for the quarter, topping the consensus estimate of $2.29 by $1.30. Sterling Infrastructure had a return on equity of 35.64% and a net margin of 12.02%.The company had revenue of $825.68 million during the quarter, compared to analyst estimates of $603.58 million. During the same quarter last year, the business posted $1.63 earnings per share. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. As a group, equities analysts expect that Sterling Infrastructure, Inc. will post 12.94 earnings per share for the current fiscal year.

Trending Headlines about Sterling Infrastructure

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

• Positive Sentiment: Q1 results materially beat expectations — EPS $3.59 vs. ~$2.29 estimate and revenue $825.7M vs. ~$603.6M; management raised FY‑2026 guidance, signaling stronger margin and award visibility. Sterling Q1 Earnings & Revenues Beat Estimates, Rise Y/Y
• Positive Sentiment: Company announced a record first quarter and lifted full‑year 2026 EPS outlook (management set FY guidance range that implies substantial growth), which underpins the breakout move. Sterling Infrastructure, Inc. Reports Record First Quarter Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Management highlighted strengthening demand from data‑center / e‑infrastructure projects as a key growth driver — analysts and investors see this as durable, high‑margin backlog expansion. Sterling Touches 52-Week High: Are Data Center Trends the Key?
• Positive Sentiment: Broker and media coverage turned bullish after the quarter, with several outlets and analysts upgrading tone — supporting momentum and higher trading volumes. Analysts Are Bullish on Top Industrial Goods Stocks: JBT Marel (JBTM), Sterling Infrastructure (STRL)
• Neutral Sentiment: Full earnings call transcript and slide deck are available for investors who want detail on backlog, margin drivers and FY assumptions — useful for validating the sustainability of the beat. Sterling Infrastructure, Inc. (STRL) Q1 2026 Earnings Call Transcript Q1 Results - Earnings Call Presentation
• Neutral Sentiment: Wide media coverage (Barron’s, MSN summaries) explains the rally and 52‑week high; these pieces amplify momentum but don’t add new fundamentals. S&P 500 Futures Climb in Premarket Trading; Sterling Infrastructure, Pinterest Lead

Sterling Infrastructure Company 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.