Sterling Infrastructure, Inc. $STRL Shares Purchased by Orion Porfolio Solutions LLC

Key Points

• Orion Portfolio Solutions LLC raised its stake in Sterling Infrastructure by 93.0% in Q3 to 8,629 shares worth $2.93M, and institutional investors now own about 80.95% of the stock.
• Sterling beat quarterly expectations with EPS $3.08 vs $2.63 and revenue $755.61M vs $639.41M, set FY2026 guidance of $13.45–$14.05 EPS, and its board approved a $400M share buyback (~3.4% of shares).
• Company insiders have been net sellers recently — two directors sold 2,860 and 2,000 shares, and insiders sold 6,860 shares worth $2.611M in the last 90 days (insiders own 2.7% of shares).

Orion Porfolio Solutions LLC raised its position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 93.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,629 shares of the construction company's stock after purchasing an additional 4,159 shares during the quarter. Orion Porfolio Solutions LLC's holdings in Sterling Infrastructure were worth $2,931,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Sterling Infrastructure in the 2nd quarter worth $26,000. Root Financial Partners LLC bought a new position in Sterling Infrastructure during the third quarter valued at about $26,000. Wilmington Savings Fund Society FSB acquired a new position in Sterling Infrastructure during the third quarter worth about $28,000. Fifth Third Bancorp grew its holdings in Sterling Infrastructure by 76.1% during the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company's stock worth $28,000 after acquiring an additional 35 shares during the period. Finally, Bogart Wealth LLC raised its position in Sterling Infrastructure by 535.7% in the third quarter. Bogart Wealth LLC now owns 89 shares of the construction company's stock worth $30,000 after acquiring an additional 75 shares in the last quarter. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Dwayne Andree Wilson sold 2,860 shares of the firm's stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $350.00, for a total value of $1,001,000.00. Following the completion of the transaction, the director owned 14,749 shares of the company's stock, valued at approximately $5,162,150. This trade represents a 16.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dana C. O'brien sold 2,000 shares of Sterling Infrastructure stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $410.00, for a total transaction of $820,000.00. Following the transaction, the director owned 11,498 shares in the company, valued at approximately $4,714,180. The trade was a 14.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,860 shares of company stock worth $2,611,000 in the last 90 days. 2.70% of the stock is owned by company insiders.

Sterling Infrastructure Trading Up 4.1%

NASDAQ:STRL opened at $411.38 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. Sterling Infrastructure, Inc. has a 1-year low of $96.34 and a 1-year high of $477.03. The firm has a market capitalization of $12.60 billion, a price-to-earnings ratio of 43.90, a price-to-earnings-growth ratio of 2.05 and a beta of 1.48. The stock has a fifty day simple moving average of $377.68 and a 200 day simple moving average of $350.12.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.45. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.The firm had revenue of $755.61 million for 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. Sell-side analysts forecast that Sterling Infrastructure, Inc. will post 5.98 earnings per share for the current year.

Sterling Infrastructure announced that its Board of Directors has approved a stock buyback program on Wednesday, November 12th that allows the company to repurchase $400.00 million in shares. This repurchase authorization allows the construction company to buy up to 3.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on STRL. Cantor Fitzgerald upped their price target on shares of Sterling Infrastructure from $413.00 to $482.00 and gave the company an "overweight" rating in a report on Monday, March 2nd. DA Davidson boosted their target price on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the stock a "buy" rating in a report on Friday, February 27th. Stifel Nicolaus set a $486.00 target price on shares of Sterling Infrastructure and gave the company a "buy" rating in a research note on Wednesday, February 11th. Zacks Research upgraded shares of Sterling Infrastructure from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 4th. Finally, Weiss Ratings upgraded shares of Sterling Infrastructure from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $489.33.

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.

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