Sterling Infrastructure, Inc. $STRL Shares Purchased by Geneva Partners LLC

Key Points

• Geneva Partners increased its Sterling Infrastructure stake by 10.6% in the second quarter, owning 19,995 shares worth approximately $16.8 million. Institutional investors and hedge funds collectively own 80.95% of the company.
• Sterling Infrastructure reported quarterly EPS of $5.80, beating estimates of $5.01, while revenue rose 90.4% year over year to $1.17 billion. The company provided fiscal 2026 EPS guidance of $19.70–$20.30.
• The stock opened at $534.40 after a 3.7% decline, well below its 52-week high of $1,005.68. Analysts maintain a “Moderate Buy” consensus, with an average price target of $657, though some firms recently lowered their targets or ratings.

Geneva Partners LLC raised its position in Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 10.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,995 shares of the construction company's stock after purchasing an additional 1,922 shares during the period. Sterling Infrastructure makes up about 4.5% of Geneva Partners LLC's investment portfolio, making the stock its 6th biggest holding. Geneva Partners LLC owned about 0.07% of Sterling Infrastructure worth $16,783,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Persistent Asset Partners Ltd acquired a new position in shares of Sterling Infrastructure in the 2nd quarter valued at $40,000. MassMutual Private Wealth & Trust FSB raised its stake in Sterling Infrastructure by 100.0% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 60 shares of the construction company's stock worth $50,000 after buying an additional 30 shares during the period. Cedar Mountain Advisors LLC lifted its holdings in Sterling Infrastructure by 8,000.0% during the first quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company's stock worth $33,000 after acquiring an additional 80 shares in the last quarter. NFSG Corp lifted its holdings in Sterling Infrastructure by 578.6% during the first quarter. NFSG Corp now owns 95 shares of the construction company's stock worth $39,000 after acquiring an additional 81 shares in the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new position in Sterling Infrastructure in the fourth quarter valued at about $31,000. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Sterling Infrastructure Stock Down 3.7%

Shares of Sterling Infrastructure stock opened at $534.40 on Thursday. The firm has a market cap of $16.35 billion, a PE ratio of 38.53, a P/E/G ratio of 1.94 and a beta of 1.88. The business's 50 day simple moving average is $688.32 and its 200 day simple moving average is $596.66. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.11 and a current ratio of 1.11. Sterling Infrastructure, Inc. has a 52-week low of $263.45 and a 52-week high of $1,005.68.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share for the quarter, topping analysts' consensus estimates of $5.01 by $0.79. The firm had revenue of $1.17 billion during 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 company'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. On average, analysts predict that Sterling Infrastructure, Inc. will post 19.11 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 the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $888.00, for a total transaction of $2,220,000.00. Following the completion of the transaction, the general counsel owned 28,137 shares in the company, valued at approximately $24,985,656. This represents a 8.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on STRL. Oppenheimer initiated coverage on Sterling Infrastructure in a report on Thursday, May 28th. They issued an "outperform" rating and a $950.00 price target for the company. Weiss Ratings cut Sterling Infrastructure from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, July 28th. KeyCorp decreased their price objective on Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating for the company in a research report on Wednesday, August 5th. Wall Street Zen cut Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a research note on Sunday. Finally, Zacks Research lowered shares of Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 7th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Sterling Infrastructure presently has an average rating of "Moderate Buy" and an average target price of $657.00.

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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