Teacher Retirement System of Texas Has $5.65 Million Stock Position in Sterling Infrastructure, Inc. $STRL

Key Points

• Teacher Retirement System of Texas cut its stake in Sterling Infrastructure by 41.6% in Q4, leaving 18,436 shares valued at about $5.65 million.
• Insider selling was significant: CEO Joseph A. Cutillo sold 50,000 shares for roughly $24.88 million (under a Rule 10b5‑1 plan), and insiders have sold 104,000 shares worth $49.16 million in the past 90 days.
• Wall Street sentiment is bullish—multiple upgrades have left the stock with an average "Buy" rating and a $510 average price target, after the company posted an earnings and revenue beat and set FY2026 EPS guidance of 13.450–14.050.

Teacher Retirement System of Texas trimmed its position in Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 41.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,436 shares of the construction company's stock after selling 13,136 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.06% of Sterling Infrastructure worth $5,646,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in STRL. Root Financial Partners LLC acquired a new position in shares of Sterling Infrastructure in the third quarter worth about $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Sterling Infrastructure in the third quarter worth about $28,000. Fifth Third Bancorp boosted its holdings in shares of Sterling Infrastructure by 76.1% in the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company's stock worth $28,000 after buying an additional 35 shares during the period. Bogart Wealth LLC lifted its position in shares of 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 purchasing an additional 75 shares in the last quarter. Finally, Rakuten Securities Inc. boosted its holdings in shares of Sterling Infrastructure by 6,950.0% during the second quarter. Rakuten Securities Inc. now owns 141 shares of the construction company's stock worth $33,000 after purchasing an additional 139 shares during the period. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. KeyCorp assumed coverage on shares of Sterling Infrastructure in a report on Thursday. They set an "overweight" rating and a $572.00 price target for the company. Weiss Ratings upgraded shares of Sterling Infrastructure from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, January 26th. DA Davidson raised their price target 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. Argus assumed coverage on shares of Sterling Infrastructure in a report on Thursday, April 16th. They set a "buy" rating and a $510.00 price target for the company. Finally, Zacks Research upgraded shares of Sterling Infrastructure from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 4th. Two investment analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to data from MarketBeat.com, Sterling Infrastructure presently has an average rating of "Buy" and an average price target of $510.00.

Sterling Infrastructure Price Performance

Shares of STRL opened at $497.18 on Monday. The firm has a market cap of $15.25 billion, a PE ratio of 53.06, a PEG ratio of 2.56 and a beta of 1.51. The firm's 50 day moving average price is $430.64 and its 200 day moving average price is $377.42. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.01 and a current ratio of 1.01. Sterling Infrastructure, Inc. has a twelve month low of $143.20 and a twelve month high of $512.36.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.45. The firm had revenue of $755.61 million for the quarter, compared to analyst estimates of $639.41 million. Sterling Infrastructure had a net margin of 11.65% and a return on equity of 32.82%. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. As a group, research analysts expect that Sterling Infrastructure, Inc. will post 12.94 EPS for the current fiscal year.

Insider Activity at Sterling Infrastructure

In related news, CEO Joseph A. Cutillo sold 50,000 shares of the firm's stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $497.57, for a total transaction of $24,878,500.00. Following the transaction, the chief executive officer owned 290,593 shares of the company's stock, valued at approximately $144,590,359.01. This trade represents a 14.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dana C. O'brien sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $410.00, for a total transaction of $820,000.00. Following the transaction, the director directly owned 11,498 shares in the company, valued at approximately $4,714,180. The trade was a 14.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 104,000 shares of company stock worth $49,162,500. Insiders own 1.60% of the company's stock.

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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