Sterling Infrastructure, Inc. $STRL Shares Sold by Toth Financial Advisory Corp

Key Points

• Toth Financial Advisory Corp. cut its Sterling Infrastructure stake by 95.2% in the third quarter, selling 2,383 shares and retaining 120 shares valued at about $59,000. Institutional investors collectively own 80.95% of the company.
• Sterling 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 guided to fiscal 2026 EPS of $19.70–$20.30.
• Analyst sentiment remains positive overall, with six Buy ratings and two Holds producing a “Moderate Buy” consensus and an average price target of $733, although some analysts recently lowered ratings or targets.

Toth Financial Advisory Corp reduced its position in Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 95.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120 shares of the construction company's stock after selling 2,383 shares during the period. Toth Financial Advisory Corp's holdings in Sterling Infrastructure were worth $59,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Neville Rodie & Shaw Inc. boosted its stake in shares of Sterling Infrastructure by 86.2% during the 3rd quarter. Neville Rodie & Shaw Inc. now owns 2,621 shares of the construction company's stock worth $1,289,000 after acquiring an additional 1,213 shares in the last quarter. Cim Investment Management Inc. increased its stake in shares of Sterling Infrastructure by 304.1% in the 2nd quarter. Cim Investment Management Inc. now owns 7,774 shares of the construction company's stock valued at $6,525,000 after purchasing an additional 5,850 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Sterling Infrastructure by 29.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 138,884 shares of the construction company's stock valued at $116,574,000 after purchasing an additional 31,182 shares in the last quarter. State Street Corp raised its holdings in Sterling Infrastructure by 290.7% in the 2nd quarter. State Street Corp now owns 4,253,073 shares of the construction company's stock worth $3,569,859,000 after purchasing an additional 3,164,551 shares during the period. Finally, The Manufacturers Life Insurance Company raised its holdings in Sterling Infrastructure by 191.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 97,448 shares of the construction company's stock worth $81,794,000 after purchasing an additional 63,994 shares during the period. 80.95% of the stock is owned by hedge funds and other institutional investors.

Sterling Infrastructure Price Performance

NASDAQ:STRL opened at $513.00 on Friday. Sterling Infrastructure, Inc. has a 12 month low of $281.58 and a 12 month high of $1,005.68. The stock has a 50 day moving average of $514.05 and a two-hundred day moving average of $617.54. 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 firm has a market cap of $15.69 billion, a P/E ratio of 36.99, a price-to-earnings-growth ratio of 1.81 and a beta of 1.86.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last announced its earnings results on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, beating analysts' consensus estimates of $5.01 by $0.79. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations 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 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, analysts expect that Sterling Infrastructure, Inc. will post 19.10 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Weiss Ratings lowered Sterling Infrastructure from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, September 9th. Cantor Fitzgerald reiterated an "overweight" rating and set a $742.00 target price on shares of Sterling Infrastructure in a research report on Wednesday, September 30th. Wall Street Zen lowered Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 5th. Stifel Nicolaus cut their price target on shares of Sterling Infrastructure from $804.00 to $742.00 and set a "buy" rating for the company in a report on Thursday. Finally, DA Davidson assumed coverage on shares of Sterling Infrastructure in a research report on Friday, August 21st. They set a "buy" rating and a $700.00 price objective for the company. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $733.00.

Sterling Infrastructure Profile

Sterling Infrastructure, Inc is an infrastructure services company that provides construction and rehabilitation solutions for public and private-sector customers in the United States. Formerly known as Sterling Construction Company, the company adopted its current name to reflect the expansion of its business beyond traditional transportation construction.

The company operates through three principal business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

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