UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $65.24 Million Stock Holdings in Sterling Infrastructure, Inc. $STRL

Key Points

• UBS Asset Management increased its Sterling Infrastructure stake by 18.4% in the second quarter, bringing its holdings to 77,725 shares valued at approximately $65.24 million. Institutional investors collectively own 80.95% of the company.
• Analysts maintain a generally positive outlook, with seven Buy ratings and one Hold rating, producing a consensus “Moderate Buy” rating and an average price target of $690.33. However, Cantor Fitzgerald and KeyCorp recently reduced their targets.
• Sterling Infrastructure reported quarterly earnings of $5.80 per share, exceeding estimates by $0.79, while revenue rose 90.4% year over year to $1.17 billion. The company provided fiscal 2026 EPS guidance of $19.70 to $20.30.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 18.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,725 shares of the construction company's stock after acquiring an additional 12,096 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.25% of Sterling Infrastructure worth $65,239,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Wellington Shields & Co. LLC bought a new stake in shares of Sterling Infrastructure in the second quarter worth $29,000. Persistent Asset Partners Ltd bought a new position in Sterling Infrastructure during the 2nd quarter worth $40,000. MassMutual Private Wealth & Trust FSB lifted its holdings in Sterling Infrastructure by 100.0% during 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. lifted its holdings in Sterling Infrastructure by 43.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 79 shares of the construction company's stock worth $66,000 after buying an additional 24 shares during the period. Finally, Cedar Mountain Advisors LLC grew its position in shares of Sterling Infrastructure by 8,000.0% in the 1st quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company's stock valued at $33,000 after buying an additional 80 shares during the last quarter. Institutional investors own 80.95% of the company's stock.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Wall Street Zen upgraded Sterling Infrastructure from a "buy" rating to a "strong-buy" rating in a research report on Monday, August 24th. DA Davidson began coverage on shares of Sterling Infrastructure in a report on Friday, August 21st. They set a "buy" rating and a $700.00 price target for the company. Cantor Fitzgerald dropped their price target on shares of Sterling Infrastructure from $956.00 to $742.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 5th. Zacks Research lowered shares of Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 7th. Finally, KeyCorp lowered their target price 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, August 5th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $690.33.

Sterling Infrastructure Trading Up 0.3%

Shares of STRL stock opened at $457.60 on Thursday. Sterling Infrastructure, Inc. has a fifty-two week low of $270.00 and a fifty-two week high of $1,005.68. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a 50 day simple moving average of $612.36 and a two-hundred day simple moving average of $603.28. The company has a market cap of $14.00 billion, a P/E ratio of 32.99, a PEG ratio of 1.59 and a beta of 1.85.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.01 by $0.79. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $969.22 million. The company's revenue for the quarter was up 90.4% on a year-over-year basis. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. Research analysts forecast that Sterling Infrastructure, Inc. will post 19.14 earnings per share for the current year.

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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