Sterling Infrastructure, Inc. $STRL Shares Sold by Man Group plc

Posted by Geri Gentry on Aug 29th, 2026

Man Group plc decreased its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL – Free Report) by 29.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,309 shares of the construction company’s stock after selling 5,523 shares during the quarter. Man Group plc’s holdings in Sterling Infrastructure were worth $11,171,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of STRL. Signature Equity Partners LLC lifted its stake in shares of Sterling Infrastructure by 19.5% in the first quarter. Signature Equity Partners LLC now owns 104 shares of the construction company’s stock worth $42,000 after buying an additional 17 shares in the last quarter. World Investment Advisors grew its stake in Sterling Infrastructure by 2.4% during the 1st quarter. World Investment Advisors now owns 870 shares of the construction company’s stock valued at $354,000 after acquiring an additional 20 shares in the last quarter. Ritholtz Wealth Management grew its stake in 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 acquiring an additional 24 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Sterling Infrastructure by 43.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 79 shares of the construction company’s stock valued at $66,000 after acquiring an additional 24 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Sterling Infrastructure by 33.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company’s stock valued at $33,000 after acquiring an additional 27 shares during the last quarter. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

STRL has been the topic of a number of research reports. KeyCorp decreased their target price 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. Oppenheimer initiated coverage on Sterling Infrastructure in a research report on Thursday, May 28th. They issued an “outperform” rating and a $950.00 price target for the company. Wall Street Zen raised Sterling Infrastructure from a “buy” rating to a “strong-buy” rating in a report on Monday, August 24th. Cantor Fitzgerald reduced their price objective on Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 5th. Finally, Weiss Ratings lowered Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 28th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Sterling Infrastructure has a consensus rating of “Moderate Buy” and an average target price of $690.33.

View Our Latest Stock Analysis on STRL

Insider Activity

In other 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 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 $24,985,656. This trade represents a 8.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.60% of the stock is owned by corporate insiders.

Sterling Infrastructure Trading Down 7.1%

Shares of STRL opened at $470.52 on Friday. Sterling Infrastructure, Inc. has a 12-month low of $266.13 and a 12-month high of $1,005.68. The firm has a market capitalization of $14.39 billion, a P/E ratio of 33.92, a P/E/G ratio of 1.76 and a beta of 1.88. The firm has a 50-day moving average price of $638.53 and a 200 day moving average price of $601.26. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.19.

Sterling Infrastructure (NASDAQ:STRL – Get Free Report) last issued its earnings results on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.01 by $0.79. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $969.22 million. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The firm’s revenue for the quarter 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. Sell-side analysts forecast that Sterling Infrastructure, Inc. will post 19.14 EPS for the current year.

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.