Sterling Infrastructure (NASDAQ:STRL) Stock Price Up 2.3% – Here’s What Happened

Posted by Stanley Muller on Aug 28th, 2026

Sterling Infrastructure, Inc. (NASDAQ:STRL – Get Free Report) rose 2.3% during mid-day trading on Wednesday . The company traded as high as $499.00 and last traded at $497.41. 432,915 shares changed hands during trading, a decline of 32% from the average session volume of 640,396 shares. The stock had previously closed at $486.39.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. DA Davidson started coverage on Sterling Infrastructure in a research report on Friday, August 21st. They set a “buy” rating and a $700.00 price objective for the company. Oppenheimer assumed coverage on Sterling Infrastructure in a report on Thursday, May 28th. They issued an “outperform” rating and a $950.00 target price on the stock. Zacks Research downgraded Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. KeyCorp dropped their price objective on shares of Sterling Infrastructure from $922.00 to $754.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 5th. Finally, Cantor Fitzgerald reduced their target price on shares of Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $690.33.

View Our Latest Research Report on Sterling Infrastructure

Sterling Infrastructure Trading Up 1.8%

The company has a market cap of $15.49 billion, a price-to-earnings ratio of 36.51, a P/E/G ratio of 1.73 and a beta of 1.88. The business has a fifty day simple moving average of $646.36 and a 200 day simple moving average of $602.19. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.19.

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 analysts’ consensus estimates of $5.01 by $0.79. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $969.22 million. The business’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. On average, equities analysts anticipate that Sterling Infrastructure, Inc. will post 19.14 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, General Counsel Mark D. Wolf sold 2,500 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the general counsel directly owned 28,137 shares of the company’s stock, valued at $24,985,656. This trade represents a 8.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.60% of the stock is owned by insiders.

Institutional Trading of Sterling Infrastructure

Institutional investors have recently bought and sold shares of the company. Engle Capital Management L.P. lifted its holdings in shares of Sterling Infrastructure by 156.5% in the first quarter. Engle Capital Management L.P. now owns 26,500 shares of the construction company’s stock valued at $10,793,000 after purchasing an additional 16,167 shares in the last quarter. Devon Energy Corp DE purchased a new position in shares of Sterling Infrastructure during the 2nd quarter worth approximately $548,390,288,000. Northwestern Mutual Investment Management Company LLC acquired a new position in shares of Sterling Infrastructure during the 4th quarter worth approximately $2,105,000. Private Advisor Group LLC lifted its stake in Sterling Infrastructure by 28.2% in the 1st quarter. Private Advisor Group LLC now owns 7,099 shares of the construction company’s stock valued at $2,891,000 after buying an additional 1,561 shares in the last quarter. Finally, Deutsche Bank AG acquired a new stake in Sterling Infrastructure during the 2nd quarter valued at $18,337,000. 80.95% of the stock is currently owned by hedge funds and other institutional investors.

Sterling Infrastructure Company Profile

(Get 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.