SIR Capital Management L.P. Sells 2,105 Shares of Sterling Infrastructure, Inc. $STRL

Key Points

• SIR Capital Management cut its Sterling Infrastructure stake by 70.2% in the second quarter, selling 2,105 shares and retaining 895 shares valued at approximately $751,000. Institutional investors collectively own 80.95% of the company.
• Sterling Infrastructure reported strong quarterly results, with earnings of $5.80 per share versus the $5.01 consensus estimate and revenue of $1.17 billion, up 90.4% year over year. Management issued fiscal 2026 EPS guidance of $19.70–$20.30.
• Analyst sentiment remains positive but mixed: seven analysts rate the stock a Buy and one rates it a Hold, producing a consensus “Moderate Buy” rating and an average price target of $690.33.

SIR Capital Management L.P. lowered its holdings in Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 70.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 895 shares of the construction company's stock after selling 2,105 shares during the quarter. SIR Capital Management L.P.'s holdings in Sterling Infrastructure were worth $751,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of STRL. Signature Equity Partners LLC boosted its position in Sterling Infrastructure by 19.5% during the 1st quarter. Signature Equity Partners LLC now owns 104 shares of the construction company's stock valued at $42,000 after acquiring an additional 17 shares in the last quarter. World Investment Advisors raised its holdings in Sterling Infrastructure by 2.4% in the first quarter. World Investment Advisors now owns 870 shares of the construction company's stock worth $354,000 after buying an additional 20 shares during the last quarter. Ritholtz Wealth Management raised its holdings in Sterling Infrastructure by 3.6% in the 1st quarter. Ritholtz Wealth Management now owns 686 shares of the construction company's stock worth $279,000 after acquiring an additional 24 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Sterling Infrastructure by 43.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 79 shares of the construction company's stock valued at $66,000 after purchasing an additional 24 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Sterling Infrastructure by 33.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company's stock valued at $33,000 after acquiring an additional 27 shares during the period. Institutional investors own 80.95% of the company's stock.

Sterling Infrastructure Price Performance

STRL opened at $496.66 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market capitalization of $15.19 billion, a PE ratio of 35.81, a price-to-earnings-growth ratio of 1.80 and a beta of 1.88. The business's 50-day moving average is $667.71 and its two-hundred day moving average is $599.62. Sterling Infrastructure, Inc. has a 1 year low of $266.13 and a 1 year high of $1,005.68.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last announced its earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.01 by $0.79. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $969.22 million. Sterling Infrastructure's revenue for the quarter was up 90.4% on a year-over-year basis. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. Research analysts anticipate that Sterling Infrastructure, Inc. will post 19.15 earnings per share for the current fiscal year.

Insider Activity at Sterling Infrastructure

In related news, General Counsel Mark D. Wolf sold 2,500 shares of Sterling Infrastructure 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 sale, the general counsel directly owned 28,137 shares in the company, valued at $24,985,656. This trade represents a 8.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.60% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have commented on STRL. Weiss Ratings cut shares of Sterling Infrastructure from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, July 28th. Wall Street Zen raised Sterling Infrastructure from a "buy" rating to a "strong-buy" rating in a research note on Monday. DA Davidson began coverage on shares of Sterling Infrastructure in a report on Friday. They issued a "buy" rating and a $700.00 target price for the company. KeyCorp decreased their price target on Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating for the company in a research note 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. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus 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.

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