Horizon Investment Services LLC trimmed its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL – Free Report) by 8.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 12,727 shares of the construction company’s stock after selling 1,131 shares during the period. Sterling Infrastructure accounts for about 1.4% of Horizon Investment Services LLC’s investment portfolio, making the stock its 22nd biggest holding. Horizon Investment Services LLC’s holdings in Sterling Infrastructure were worth $3,897,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the business. EverSource Wealth Advisors LLC raised its stake in shares of Sterling Infrastructure by 33.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company’s stock worth $33,000 after buying an additional 27 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of Sterling Infrastructure by 7.9% in the 4th quarter. CENTRAL TRUST Co now owns 397 shares of the construction company’s stock worth $122,000 after acquiring an additional 29 shares during the period. Lido Advisors LLC grew its holdings in shares of Sterling Infrastructure by 1.8% in the 4th quarter. Lido Advisors LLC now owns 1,725 shares of the construction company’s stock worth $578,000 after acquiring an additional 31 shares during the period. Fifth Third Bancorp grew its holdings in shares of Sterling Infrastructure by 76.1% in the 3rd quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock worth $28,000 after acquiring an additional 35 shares during the period. Finally, Quadrant Capital Group LLC grew its holdings in shares of Sterling Infrastructure by 10.3% in the 4th quarter. Quadrant Capital Group LLC now owns 438 shares of the construction company’s stock worth $134,000 after acquiring an additional 41 shares during the period. 80.95% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Sterling Infrastructure
Here are the key news stories impacting Sterling Infrastructure this week:
- Positive Sentiment: Sidoti raised multiple earnings estimates for Sterling Infrastructure (STRL), including FY2026 and FY2027, signaling expectations for continued strong profit growth and supporting a bullish view on the stock. Sidoti earnings estimate updates
- Positive Sentiment: Another recent report said Wall Street remains positive on Sterling Infrastructure (STRL), citing a consensus Buy rating and a median 12-month price target of $950, which suggests analysts still see upside from current levels. Wall Street remains positive article
- Positive Sentiment: Zacks highlighted Sterling Infrastructure (STRL) as a solid growth stock, pointing to its strong growth attributes as a reason it could generate exceptional returns. Zacks growth stock article
- Positive Sentiment: Broker-focused commentary also pointed investors toward Sterling Infrastructure (STRL), reinforcing that the stock is drawing attention from analysts and the market. Broker suggestions article
- Neutral Sentiment: The company’s recent earnings history already supports the bullish narrative: Sterling Infrastructure beat expectations in its last quarterly report, and current guidance remains strong, helping justify elevated investor expectations.
Wall Street Analyst Weigh In
View Our Latest Analysis on Sterling Infrastructure
Sterling Infrastructure Price Performance
Shares of NASDAQ:STRL opened at $858.99 on Friday. The business’s fifty day moving average price is $674.47 and its two-hundred day moving average price is $476.16. The stock has a market cap of $26.36 billion, a PE ratio of 76.83, a price-to-earnings-growth ratio of 3.14 and a beta of 1.82. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.10 and a current ratio of 1.10. Sterling Infrastructure, Inc. has a one year low of $197.73 and a one year high of $1,005.68.
Sterling Infrastructure (NASDAQ:STRL – Get Free Report) last announced its earnings results on Monday, May 4th. The construction company reported $3.59 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $1.30. The firm had revenue of $825.68 million for the quarter, compared to analysts’ expectations of $603.58 million. Sterling Infrastructure had a return on equity of 35.64% and a net margin of 12.02%.During the same quarter in the prior year, the firm earned $1.63 EPS. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. On average, analysts forecast that Sterling Infrastructure, Inc. will post 18.26 EPS for the current fiscal year.
Insider Buying and Selling
In other Sterling Infrastructure news, CEO Joseph A. Cutillo sold 50,000 shares of the stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $497.57, for a total transaction of $24,878,500.00. Following the sale, the chief executive officer owned 290,593 shares in the company, valued at approximately $144,590,359.01. This represents a 14.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.60% 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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