Sterling Infrastructure, Inc. $STRL Shares Sold by Pacer Advisors Inc.

Key Points

• Pacer Advisors cut its Sterling Infrastructure stake by 32.5% in the first quarter, selling 2,978 shares and retaining 6,181 shares valued at approximately $2.52 million. Institutional investors and hedge funds collectively own 80.95% of the company.
• Sterling Infrastructure reported strong quarterly results, with EPS of $5.80 beating estimates by $0.79 and revenue rising 90.4% year over year to $1.17 billion. The company issued fiscal 2026 EPS guidance of $19.70–$20.30.
• Analysts maintain an overall “Buy” rating, though KeyCorp and Cantor Fitzgerald recently lowered their price targets. The average target is $657, compared with shares opening at $547.06.

Pacer Advisors Inc. decreased its position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 32.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,181 shares of the construction company's stock after selling 2,978 shares during the period. Pacer Advisors Inc.'s holdings in Sterling Infrastructure were worth $2,517,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Engle Capital Management L.P. lifted its stake in shares of Sterling Infrastructure by 156.5% in the first quarter. Engle Capital Management L.P. now owns 26,500 shares of the construction company's stock worth $10,793,000 after acquiring an additional 16,167 shares in the last quarter. Northwestern Mutual Investment Management Company LLC acquired a new stake in Sterling Infrastructure during the 4th quarter valued at approximately $2,105,000. Truist Financial Corp grew its stake in Sterling Infrastructure by 30.8% during the 4th quarter. Truist Financial Corp now owns 5,005 shares of the construction company's stock valued at $1,533,000 after purchasing an additional 1,179 shares in the last quarter. Private Advisor Group LLC increased its holdings in Sterling Infrastructure by 28.2% during the 1st quarter. Private Advisor Group LLC now owns 7,099 shares of the construction company's stock worth $2,891,000 after purchasing an additional 1,561 shares during the last quarter. Finally, Ranger Investment Management L.P. acquired a new position in shares of Sterling Infrastructure in the 1st quarter valued at approximately $21,844,000. Institutional investors and hedge funds own 80.95% of the company's stock.

Insider Buying and Selling at Sterling Infrastructure

In other news, General Counsel Mark D. Wolf sold 2,500 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $888.00, for a total transaction of $2,220,000.00. Following the sale, the general counsel directly owned 28,137 shares in the company, valued at approximately $24,985,656. This represents a 8.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.60% of the company's stock.

Sterling Infrastructure Price Performance

Shares of NASDAQ:STRL opened at $547.06 on Friday. The company has a market cap of $16.73 billion, a PE ratio of 39.44, a P/E/G ratio of 1.88 and a beta of 1.88. Sterling Infrastructure, Inc. has a fifty-two week low of $263.45 and a fifty-two week high of $1,005.68. The firm has a 50-day simple moving average of $740.83 and a 200 day simple moving average of $584.32. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 0.19.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last issued its earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.01 by $0.79. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The firm had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $969.22 million. 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. On average, sell-side analysts anticipate that Sterling Infrastructure, Inc. will post 19.01 EPS for the current year.

Wall Street Analyst Weigh In

STRL has been the subject of several research analyst reports. Weiss Ratings cut Sterling Infrastructure from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, July 28th. KeyCorp dropped their price target on shares of Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating for the company in a research note on Wednesday. Cantor Fitzgerald cut their price target on shares of Sterling Infrastructure from $956.00 to $742.00 and set an "overweight" rating on the stock in a report on Wednesday. Zacks Research upgraded shares of Sterling Infrastructure from a "hold" rating to a "strong-buy" rating in a research note on Monday, June 1st. Finally, Oppenheimer began coverage on shares of Sterling Infrastructure in a report on Thursday, May 28th. They set an "outperform" rating and a $950.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. According to data from MarketBeat, Sterling Infrastructure presently has an average rating of "Buy" and an average target price of $657.00.

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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