Value Aligned Research Advisors LLC Sells 16,112 Shares of Sterling Infrastructure, Inc. $STRL

Key Points

• Value Aligned Research Advisors LLC cut its Sterling Infrastructure stake by 18%, selling 16,112 shares and retaining 73,360 shares valued at approximately $61.6 million. Institutional investors collectively own 80.95% of the company.
• Analyst sentiment remains positive but has moderated: seven analysts rate STRL a Buy and one rates it Hold, resulting in a “Moderate Buy” consensus and an average price target of $690.33. KeyCorp lowered its target to $754 from $922, while Zacks downgraded the stock to Hold.
• Sterling Infrastructure exceeded quarterly expectations with EPS of $5.80 versus $5.01 expected and revenue of $1.17 billion, up 90.4% year over year. The stock opened at $486.49, well below its 12-month high of $1,005.68.

Value Aligned Research Advisors LLC reduced its stake in Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) by 18.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,360 shares of the construction company's stock after selling 16,112 shares during the period. Value Aligned Research Advisors LLC owned approximately 0.24% of Sterling Infrastructure worth $61,575,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of STRL. Wellington Shields & Co. LLC acquired a new stake in Sterling Infrastructure in the 2nd quarter valued at $29,000. Kemnay Advisory Services Inc. acquired a new position in Sterling Infrastructure during the fourth quarter worth $31,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Sterling Infrastructure by 33.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company's stock valued at $33,000 after acquiring an additional 27 shares during the period. Cedar Mountain Advisors LLC boosted its stake 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 purchasing an additional 80 shares in the last quarter. Finally, Rakuten Securities Inc. grew its holdings in shares of Sterling Infrastructure by 6,950.0% in the 2nd 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 last quarter. Institutional investors own 80.95% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Weiss Ratings cut shares of Sterling Infrastructure from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, July 28th. Zacks Research lowered shares of Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 7th. KeyCorp decreased their price objective on shares of Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 5th. Oppenheimer assumed 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. Finally, Wall Street Zen cut shares of Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Sterling Infrastructure currently has an average rating of "Moderate Buy" and an average price target of $690.33.

Sterling Infrastructure Stock Performance

Sterling Infrastructure stock opened at $486.49 on Friday. The stock has a 50-day simple moving average of $597.56 and a 200 day simple moving average of $602.61. The stock has a market capitalization of $14.88 billion, a price-to-earnings ratio of 35.08, a P/E/G ratio of 1.69 and a beta of 1.85. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.19. Sterling Infrastructure, Inc. has a 12-month low of $270.00 and a 12-month high of $1,005.68.

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 business's quarterly revenue was up 90.4% on a year-over-year basis. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. On average, research analysts anticipate that Sterling Infrastructure, Inc. will post 19.14 earnings per share for the current fiscal year.

Insider Activity at Sterling Infrastructure

In other news, General Counsel Mark Wolf sold 2,500 shares of the stock in a transaction that occurred on Thursday, June 25th. The shares were 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 of the company's stock, valued at $24,985,656. This represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.60% of the stock is owned by company insiders.

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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