Kingsview Wealth Management LLC Acquires New Shares in Sterling Infrastructure, Inc. $STRL

Posted by Brian Himes on Aug 30th, 2026

Kingsview Wealth Management LLC bought a new stake in Sterling Infrastructure, Inc. (NASDAQ:STRL – Free Report) during the second quarter, Holdings Channel reports. The institutional investor bought 3,919 shares of the construction company’s stock, valued at approximately $3,289,000.

Several other hedge funds also recently bought and sold shares of the company. Engle Capital Management L.P. lifted its stake in shares of Sterling Infrastructure by 156.5% in the 1st 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 during the last quarter. Devon Energy Corp DE bought a new position in Sterling Infrastructure during the second quarter valued at about $548,390,288,000. Equitable Holdings Inc. acquired a new stake in shares of Sterling Infrastructure in the second quarter worth about $5,012,000. Northwestern Mutual Investment Management Company LLC acquired a new stake in shares of Sterling Infrastructure in the fourth quarter worth about $2,105,000. Finally, Deutsche Bank AG bought a new stake in shares of Sterling Infrastructure during the 2nd quarter worth about $18,337,000. 80.95% of the stock is owned by institutional investors and hedge funds.

Sterling Infrastructure Price Performance

Shares of NASDAQ:STRL opened at $470.52 on Friday. The business has a 50 day moving average price of $638.53 and a 200 day moving average price of $601.26. Sterling Infrastructure, Inc. has a twelve month low of $266.13 and a twelve month high of $1,005.68. The company has a market cap of $14.39 billion, a price-to-earnings ratio of 33.92, a PEG ratio of 1.64 and a beta of 1.88. 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 issued its quarterly earnings results on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, topping 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 company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $969.22 million. Sterling Infrastructure’s quarterly revenue was up 90.4% on a year-over-year basis. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. Research analysts predict that Sterling Infrastructure, Inc. will post 19.14 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on STRL shares. Oppenheimer began coverage on Sterling Infrastructure in a report on Thursday, May 28th. They set an “outperform” rating and a $950.00 price objective on the stock. Zacks Research cut Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Weiss Ratings cut Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, July 28th. Wall Street Zen upgraded Sterling Infrastructure from a “buy” rating to a “strong-buy” rating in a report on Monday, August 24th. 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 investment 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 an average target price of $690.33.

Read Our Latest Stock Analysis on Sterling Infrastructure

Insider Activity

In other news, General Counsel Mark D. Wolf sold 2,500 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $888.00, for a total value of $2,220,000.00. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.60% of the company’s stock.

Sterling Infrastructure Company Profile

(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.