William Blair Issues Positive Estimate for STRL Earnings

Key Points

• William Blair raised its Q3 2025 earnings per share estimate for Sterling Infrastructure from $2.40 to $2.59, indicating a positive outlook for the company.
• DA Davidson updated its price target for Sterling Infrastructure to $355.00 and maintained a "buy" rating, while Wall Street Zen downgraded the stock from "buy" to "hold".
• Hedge funds and institutional investors own approximately 80.95% of Sterling Infrastructure's stock, with recent increased investments from several asset management firms.

Sterling Infrastructure, Inc. (NASDAQ:STRL - Free Report) - William Blair raised their Q3 2025 earnings estimates for shares of Sterling Infrastructure in a report issued on Tuesday, August 5th. William Blair analyst L. Dipalma now forecasts that the construction company will earn $2.59 per share for the quarter, up from their prior estimate of $2.40. The consensus estimate for Sterling Infrastructure's current full-year earnings is $5.98 per share.

Other equities analysts have also issued reports about the stock. DA Davidson raised their target price on shares of Sterling Infrastructure from $265.00 to $355.00 and gave the stock a "buy" rating in a research report on Wednesday. Wall Street Zen upgraded shares of Sterling Infrastructure from a "hold" rating to a "buy" rating in a research report on Saturday.

Sterling Infrastructure Stock Up 1.0%

Sterling Infrastructure stock traded up $3.05 during mid-day trading on Friday, hitting $302.69. The company had a trading volume of 317,044 shares, compared to its average volume of 527,252. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 32.90, a PEG ratio of 2.50 and a beta of 1.46. Sterling Infrastructure has a 1 year low of $96.34 and a 1 year high of $321.79. The company has a quick ratio of 1.32, a current ratio of 1.42 and a debt-to-equity ratio of 0.31. The business has a fifty day moving average of $236.73 and a 200 day moving average of $175.48.

Insider Buying and Selling at Sterling Infrastructure

In related news, General Counsel Mark D. Wolf sold 3,500 shares of the stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $225.87, for a total transaction of $790,545.00. Following the completion of the sale, the general counsel directly owned 29,315 shares of the company's stock, valued at $6,621,379.05. This trade represents a 10.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dana C. O'brien sold 10,154 shares of the stock in a transaction on Monday, June 16th. The stock was sold at an average price of $206.58, for a total value of $2,097,613.32. Following the sale, the director directly owned 16,498 shares of the company's stock, valued at approximately $3,408,156.84. This represents a 38.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sterling Infrastructure

Hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in Sterling Infrastructure by 38.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,804 shares of the construction company's stock valued at $544,000 after acquiring an additional 1,337 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Sterling Infrastructure by 30.3% in the first quarter. Envestnet Asset Management Inc. now owns 78,454 shares of the construction company's stock valued at $8,882,000 after acquiring an additional 18,254 shares during the period. D.A. Davidson & CO. lifted its holdings in Sterling Infrastructure by 5.0% in the first quarter. D.A. Davidson & CO. now owns 2,424 shares of the construction company's stock valued at $274,000 after acquiring an additional 116 shares during the period. Hudson Edge Investment Partners Inc. acquired a new stake in Sterling Infrastructure in the first quarter valued at $823,000. Finally, Sowell Financial Services LLC acquired a new stake in Sterling Infrastructure in the first quarter valued at $215,000. 80.95% of the stock is owned by institutional investors and hedge funds.

About Sterling Infrastructure

Sterling Infrastructure, Inc engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors.