Sterling Infrastructure, Inc. $STRL Shares Sold by Algert Global LLC

Key Points

• Algert Global cut its Sterling Infrastructure stake by 45.2% in the second quarter, selling 25,008 shares and retaining 30,263 shares worth about $25.4 million. Institutional investors collectively own 80.95% of STRL.
• Sterling Infrastructure reported strong quarterly results, with EPS of $5.80 beating estimates of $5.01 and revenue of $1.17 billion rising 90.4% year over year. The company guided to fiscal 2026 EPS of $19.70–$20.30.
• Analyst sentiment remains broadly positive, with seven Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of $690.33. However, an insider and several analysts recently reduced their ratings or holdings.

Algert Global LLC decreased its holdings in Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 45.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,263 shares of the construction company's stock after selling 25,008 shares during the quarter. Algert Global LLC owned approximately 0.10% of Sterling Infrastructure worth $25,402,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of STRL. Wellington Shields & Co. LLC purchased a new stake in shares of Sterling Infrastructure during the 2nd quarter valued at $29,000. Persistent Asset Partners Ltd purchased a new position in shares of Sterling Infrastructure in the 2nd quarter worth $40,000. MassMutual Private Wealth & Trust FSB raised its position in shares of Sterling Infrastructure by 100.0% in 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. Northwestern Mutual Wealth Management Co. boosted its holdings in Sterling Infrastructure by 43.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 79 shares of the construction company's stock valued at $66,000 after acquiring an additional 24 shares during the last quarter. Finally, Cedar Mountain Advisors LLC boosted its holdings in Sterling Infrastructure by 8,000.0% in the first quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company's stock valued at $33,000 after acquiring an additional 80 shares during the last quarter. Institutional investors and hedge funds own 80.95% of the company's stock.

Insider Buying and Selling

In related news, General Counsel Mark D. Wolf sold 2,500 shares of the stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $888.00, for a total value of $2,220,000.00. Following the completion of the transaction, the general counsel owned 28,137 shares of the company's stock, 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 is accessible through this link. Corporate insiders own 1.60% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on STRL shares. Zacks Research downgraded Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 7th. Wall Street Zen upgraded Sterling Infrastructure from a "buy" rating to a "strong-buy" rating in a report on Monday. Weiss Ratings lowered Sterling Infrastructure from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, July 28th. Oppenheimer began coverage on Sterling Infrastructure in a report on Thursday, May 28th. They set an "outperform" rating and a $950.00 target price for the company. Finally, DA Davidson began coverage on shares of Sterling Infrastructure in a research report on Friday. They set a "buy" rating and a $700.00 target price for the company. 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 MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $690.33.

Sterling Infrastructure Price Performance

STRL opened at $496.66 on Tuesday. Sterling Infrastructure, Inc. has a twelve month low of $266.13 and a twelve month high of $1,005.68. The firm has a market cap of $15.19 billion, a price-to-earnings ratio of 35.81, a PEG ratio of 1.80 and a beta of 1.88. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.19. The company has a fifty day simple moving average of $667.71 and a 200 day simple moving average of $599.62.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, topping analysts' consensus estimates of $5.01 by $0.79. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $969.22 million. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The company's quarterly revenue was up 90.4% compared to the same quarter last year. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. Equities research analysts expect that Sterling Infrastructure, Inc. will post 19.15 EPS for the current fiscal year.

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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