Pallas Capital Advisors LLC Invests $1.40 Million in Sterling Infrastructure, Inc. $STRL

Posted by George Bondi on Aug 19th, 2026

Pallas Capital Advisors LLC acquired a new stake in Sterling Infrastructure, Inc. (NASDAQ:STRL – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,668 shares of the construction company’s stock, valued at approximately $1,400,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Persistent Asset Partners Ltd bought a new stake in Sterling Infrastructure during the second quarter worth about $40,000. MassMutual Private Wealth & Trust FSB boosted its position in Sterling Infrastructure by 100.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 60 shares of the construction company’s stock valued at $50,000 after purchasing an additional 30 shares during the last quarter. Cedar Mountain Advisors LLC grew its stake in Sterling Infrastructure by 8,000.0% in the first 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. NFSG Corp grew its stake in Sterling Infrastructure by 578.6% in the first quarter. NFSG Corp now owns 95 shares of the construction company’s stock valued at $39,000 after purchasing an additional 81 shares in the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Sterling Infrastructure during the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 80.95% of the company’s stock.

Sterling Infrastructure Stock Down 8.1%

STRL stock opened at $554.76 on Wednesday. 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 capitalization of $16.97 billion, a PE ratio of 40.00, a PEG ratio of 2.01 and a beta of 1.88. Sterling Infrastructure, Inc. has a 1-year low of $263.45 and a 1-year high of $1,005.68. The business’s 50 day simple moving average is $693.04 and its 200 day simple moving average is $595.56.

Sterling Infrastructure (NASDAQ:STRL – Get Free Report) last announced its quarterly 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 return on equity of 40.12% and a net margin of 12.55%.The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $969.22 million. The company’s quarterly 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. As a group, research analysts anticipate that Sterling Infrastructure, Inc. will post 19.11 EPS for the current year.

Wall Street Analysts Forecast Growth

STRL has been the topic of a number of analyst reports. Oppenheimer started coverage on Sterling Infrastructure in a research note on Thursday, May 28th. They set an “outperform” rating and a $950.00 price objective on the stock. Wall Street Zen cut shares of Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Weiss Ratings downgraded shares of Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. KeyCorp lowered their target price on shares of Sterling Infrastructure from $922.00 to $754.00 and set an “overweight” rating on the stock in a report on Wednesday, August 5th. Finally, Cantor Fitzgerald dropped their price target on shares of Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 5th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $657.00.

Get Our Latest Stock Report on STRL

Insider Activity

In other news, General Counsel Mark D. Wolf sold 2,500 shares of the firm’s stock in a transaction dated 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 completion of the sale, the general counsel owned 28,137 shares in the company, valued at approximately $24,985,656. This trade represents a 8.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.60% of the company’s stock.

About Sterling Infrastructure

(Free Report)

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.