Key Points
- CEO Joseph Cutillo sold 50,000 shares on March 25 at an average price of $453.48 for total proceeds of $22,674,000, leaving him with 340,593 shares (a 12.8% reduction) valued at roughly $154.45 million.
- Sterling Infrastructure beat quarterly expectations, reporting EPS of $3.08 vs. $2.63 expected and revenue of $755.61M vs. $639.41M, and set FY 2026 guidance of $13.45–$14.05 EPS.
- Analysts remain bullish with a consensus "Buy" rating and an average target of $489.33 after several firms raised targets (e.g., DA Davidson to $500), while the stock trades near its 52‑week high and the company has a market cap of about $12.89 billion.
Sterling Infrastructure, Inc. (NASDAQ:STRL - Get Free Report) CEO Joseph Cutillo sold 50,000 shares of the company's stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $453.48, for a total value of $22,674,000.00. Following the transaction, the chief executive officer directly owned 340,593 shares in the company, valued at approximately $154,452,113.64. This represents a 12.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Sterling Infrastructure Trading Up 1.0%
Shares of NASDAQ STRL opened at $420.24 on Friday. Sterling Infrastructure, Inc. has a fifty-two week low of $96.34 and a fifty-two week high of $477.03. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market cap of $12.89 billion, a price-to-earnings ratio of 44.85, a PEG ratio of 2.18 and a beta of 1.48. The business's 50 day moving average price is $406.74 and its 200-day moving average price is $363.02.
Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The construction company reported $3.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.63 by $0.45. The company had revenue of $755.61 million during the quarter, compared to analysts' expectations of $639.41 million. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. On average, sell-side analysts expect that Sterling Infrastructure, Inc. will post 5.98 earnings per share for the current year.
Wall Street Analyst Weigh In
STRL has been the topic of a number of research analyst reports. Cantor Fitzgerald upped their price target on shares of Sterling Infrastructure from $413.00 to $482.00 and gave the stock an "overweight" rating in a report on Monday, March 2nd. Stifel Nicolaus set a $486.00 price objective on shares of Sterling Infrastructure and gave the company a "buy" rating in a report on Wednesday, February 11th. DA Davidson boosted their price objective on shares of Sterling Infrastructure from $460.00 to $500.00 and gave the company a "buy" rating in a research report on Friday, February 27th. Zacks Research upgraded shares of Sterling Infrastructure from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 4th. Finally, Wall Street Zen lowered shares of Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $489.33.
Check Out Our Latest Research Report on STRL
Hedge Funds Weigh In On Sterling Infrastructure
Institutional investors have recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Sterling Infrastructure in the second quarter valued at about $26,000. Root Financial Partners LLC bought a new position in Sterling Infrastructure during the 3rd quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new position in Sterling Infrastructure during the 3rd quarter worth about $28,000. Fifth Third Bancorp grew its holdings in Sterling Infrastructure by 76.1% during 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 in the last quarter. Finally, Bogart Wealth LLC increased its position in Sterling Infrastructure by 535.7% during the 3rd quarter. Bogart Wealth LLC now owns 89 shares of the construction company's stock valued at $30,000 after purchasing an additional 75 shares during the period. Hedge funds and other institutional investors own 80.95% of the company's stock.
About Sterling Infrastructure
(
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.
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