Sterling Infrastructure, Inc. $STRL Holdings Trimmed by Kornitzer Capital Management Inc. KS

Key Points

• Kornitzer Capital Management trimmed its position in Sterling Infrastructure by 52.5% in Q4, selling 14,455 shares and leaving a holding of 13,075 shares valued at about $4.00 million.
• Insiders have sold a total of 104,000 shares in the past 90 days, including CEO Joseph Cutillo's 50,000‑share sale for roughly $24.88 million executed under a pre‑arranged Rule 10b5‑1 plan.
• Sterling beat quarterly expectations with $3.08 EPS (vs. $2.63 est.) and $755.6M revenue (vs. $639.4M est.), issued FY2026 EPS guidance of 13.45–14.05, and retains a consensus "Buy" rating with an average target of $510.

Kornitzer Capital Management Inc. KS lowered its position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 52.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,075 shares of the construction company's stock after selling 14,455 shares during the quarter. Kornitzer Capital Management Inc. KS's holdings in Sterling Infrastructure were worth $4,004,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Root Financial Partners LLC acquired a new position in shares of Sterling Infrastructure in the 3rd quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Sterling Infrastructure in the 3rd quarter valued at $28,000. Fifth Third Bancorp boosted its position in shares of 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 purchasing an additional 35 shares during the period. Bogart Wealth LLC boosted its position in shares of Sterling Infrastructure by 535.7% in the 3rd quarter. Bogart Wealth LLC now owns 89 shares of the construction company's stock valued at $30,000 after purchasing an additional 75 shares during the period. Finally, Optiver Holding B.V. boosted its position in shares of Sterling Infrastructure by 108.2% in the 3rd quarter. Optiver Holding B.V. now owns 102 shares of the construction company's stock valued at $35,000 after purchasing an additional 53 shares during the period. Institutional investors own 80.95% of the company's stock.

Insider Transactions at Sterling Infrastructure

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

Sterling Infrastructure Stock Up 3.5%

STRL opened at $533.47 on Friday. Sterling Infrastructure, Inc. has a fifty-two week low of $161.20 and a fifty-two week high of $537.67. The business has a 50-day moving average of $436.19 and a 200-day moving average of $381.18. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $16.37 billion, a PE ratio of 56.93, a price-to-earnings-growth ratio of 2.74 and a beta of 1.64.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The construction company reported $3.08 earnings per share for the quarter, topping analysts' consensus estimates of $2.63 by $0.45. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.The company had revenue of $755.61 million during the quarter, compared to the consensus estimate of $639.41 million. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. Equities research analysts forecast that Sterling Infrastructure, Inc. will post 12.94 EPS for the current fiscal year.

Analyst Ratings Changes

STRL has been the subject of several research analyst reports. Weiss Ratings raised Sterling Infrastructure from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, January 26th. Stifel Nicolaus set a $486.00 price objective on Sterling Infrastructure and gave the stock a "buy" rating in a research note on Wednesday, February 11th. Wall Street Zen downgraded Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 28th. KeyCorp initiated coverage on Sterling Infrastructure in a research note on Thursday, April 23rd. They issued an "overweight" rating and a $572.00 price objective for the company. Finally, Zacks Research raised Sterling Infrastructure from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $510.00.

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.

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