Sterling Infrastructure (NASDAQ:STRL) Stock Price Down 2.1% - Time to Sell?

Key Points

• Sterling Infrastructure shares fell 2.1% to $486.39, well below their 50-day and 200-day moving averages of $667.71 and $599.62, respectively.
• Analysts remain broadly positive, with seven Buy ratings and one Hold rating producing a “Moderate Buy” consensus and an average price target of $690.33, despite several recent target-price reductions.
• The company reported a strong quarter, with adjusted earnings of $5.80 per share versus the $5.01 estimate and revenue of $1.17 billion, up 90.4% year over year. Sterling issued fiscal 2026 EPS guidance of $19.70-$20.30, while an insider recently sold $2.22 million of shares.

Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Get Free Report) traded down 2.1% during trading on Tuesday . The stock traded as low as $480.58 and last traded at $486.39. 522,671 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 641,660 shares. The stock had previously closed at $496.66.

Wall Street Analysts Forecast Growth

STRL has been the topic of several analyst reports. Cantor Fitzgerald reduced their price objective on Sterling Infrastructure from $956.00 to $742.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 5th. Wall Street Zen upgraded Sterling Infrastructure from a "buy" rating to a "strong-buy" rating in a report on Monday. KeyCorp decreased their price objective on Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating for the company in a research note 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, DA Davidson initiated coverage on shares of Sterling Infrastructure in a research note on Friday. They set a "buy" rating and a $700.00 target price on the stock. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $690.33.

Sterling Infrastructure Trading Down 2.1%

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 $14.88 billion, a PE ratio of 35.07, a P/E/G ratio of 1.80 and a beta of 1.88. The business has a fifty day moving average price of $667.71 and a 200 day moving average price of $599.62.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last posted its earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.01 by $0.79. The firm 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 business's 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. Analysts forecast that Sterling Infrastructure, Inc. will post 19.15 EPS for the current year.

Insider Buying and Selling at Sterling Infrastructure

In other news, General Counsel Mark D. Wolf sold 2,500 shares of the company'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 transaction, the general counsel 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 filing with the SEC, which is accessible through this link. Corporate insiders own 1.60% of the company's stock.

Hedge Funds Weigh In On Sterling Infrastructure

Several large investors have recently bought and sold shares of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Sterling Infrastructure during the second quarter worth about $7,211,000. California State Teachers Retirement System boosted its position in shares of Sterling Infrastructure by 81,481.8% in the 2nd quarter. California State Teachers Retirement System now owns 29,173,636 shares of the construction company's stock valued at $24,487,183,000 after purchasing an additional 29,137,876 shares during the period. HB Wealth Management LLC grew its stake in Sterling Infrastructure by 7.4% during the 2nd quarter. HB Wealth Management LLC now owns 1,252 shares of the construction company's stock worth $1,051,000 after buying an additional 86 shares during the last quarter. Compass Financial Management LLC purchased a new position in Sterling Infrastructure during the 2nd quarter worth approximately $1,016,000. Finally, TD Waterhouse Canada Inc. increased its position in Sterling Infrastructure by 35.7% during the second quarter. TD Waterhouse Canada Inc. now owns 76 shares of the construction company's stock worth $59,000 after buying an additional 20 shares during the period. Institutional investors and hedge funds own 80.95% of the company's stock.

Sterling Infrastructure Company 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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