Sterling Infrastructure (NASDAQ:STRL) Trading Up 2.6% - Still a Buy?

Key Points

• Sterling Infrastructure shares rose 2.6% to about $518.68, with trading volume 59% above the daily average. The stock remains below its 50-day and 200-day moving averages.
• Analyst sentiment is generally positive, with six Buy ratings and two Holds producing a “Moderate Buy” consensus and an average price target of $690.33, although several firms recently lowered their targets.
• The company reported strong quarterly results, including EPS of $5.80 versus the $5.01 consensus and revenue growth of 90.4% year over year to $1.17 billion. Sterling issued fiscal 2026 EPS guidance of $19.70–$20.30, while an executive recently sold 2,500 shares.

Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL - Get Free Report) were up 2.6% during mid-day trading on Friday . The company traded as high as $519.89 and last traded at $518.68. Approximately 1,010,572 shares changed hands during mid-day trading, an increase of 59% from the average daily volume of 636,400 shares. The stock had previously closed at $505.72.

Wall Street Analysts Forecast Growth

STRL has been the topic of several research reports. DA Davidson initiated coverage on Sterling Infrastructure in a research report on Friday, August 21st. They set a "buy" rating and a $700.00 price objective on the stock. Cantor Fitzgerald lowered their target price on Sterling Infrastructure from $956.00 to $742.00 and set an "overweight" rating for the company in a research note on Wednesday, August 5th. KeyCorp dropped their price target on Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 5th. Zacks Research cut Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 7th. Finally, Weiss Ratings downgraded Sterling Infrastructure from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, September 9th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $690.33.

Sterling Infrastructure Trading Up 2.6%

The firm has a market cap of $15.87 billion, a PE ratio of 37.40, a PEG ratio of 1.68 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. The stock's fifty day simple moving average is $553.75 and its two-hundred day simple moving average is $607.34.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last released its earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $969.22 million. The firm'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, sell-side analysts forecast that Sterling Infrastructure, Inc. will post 19.1 EPS for the current fiscal year.

Insider Buying and Selling

In other news, General Counsel Mark Wolf sold 2,500 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $888.00, for a total value of $2,220,000.00. Following the sale, the general counsel directly owned 28,137 shares of the company's stock, valued at approximately $24,985,656. This represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.60% of the company's stock.

Hedge Funds Weigh In On Sterling Infrastructure

Large investors have recently modified their holdings of the stock. Signature Equity Partners LLC lifted its position in Sterling Infrastructure by 19.5% during the first quarter. Signature Equity Partners LLC now owns 104 shares of the construction company's stock valued at $42,000 after purchasing an additional 17 shares during the period. World Investment Advisors grew its position in Sterling Infrastructure by 2.4% during the 1st quarter. World Investment Advisors now owns 870 shares of the construction company's stock worth $354,000 after purchasing an additional 20 shares during the period. TD Waterhouse Canada Inc. grew its position in Sterling Infrastructure by 35.7% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 76 shares of the construction company's stock worth $59,000 after purchasing an additional 20 shares during the period. Ritholtz Wealth Management raised its stake in shares of Sterling Infrastructure by 3.6% during the 1st quarter. Ritholtz Wealth Management now owns 686 shares of the construction company's stock valued at $279,000 after buying an additional 24 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Sterling Infrastructure by 43.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 79 shares of the construction company's stock valued at $66,000 after buying an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 80.95% of the company's stock.

About Sterling Infrastructure

Sterling Infrastructure, Inc provides infrastructure, engineering and construction services across the United States. The company serves public and private-sector customers through three primary business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

Its E-Infrastructure Solutions segment develops and builds large-scale infrastructure for data centers, advanced manufacturing facilities, energy and communications projects, and other complex industrial sites.

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