Key Points
- CEO Joseph Cutillo sold 50,000 shares at $497.57 for $24,878,500, trimming his stake by 14.68% to 290,593 shares; the trade was executed under a pre-arranged Rule 10b5-1 plan and disclosed in an SEC filing.
- Sterling topped estimates in its most recent quarter with $3.08 EPS (vs. $2.63 expected) and $755.6M revenue, set FY2026 EPS guidance of 13.45–14.05, and carries a sell-side consensus rating of "Buy" with an average price target of $510.
- The stock opened near $497.18 (up ~0.3%), has a market cap of $15.25B and a P/E of 53.06, and trades within a 52‑week range of $143.20–$512.36 (50-day/200-day moving averages: $430.64/$377.15).
Sterling Infrastructure, Inc. (NASDAQ:STRL - Get Free Report) CEO Joseph Cutillo sold 50,000 shares of the business's stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $497.57, for a total value of $24,878,500.00. Following the completion of the sale, the chief executive officer owned 290,593 shares of the company's stock, valued at $144,590,359.01. The trade was a 14.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sterling Infrastructure Stock Up 0.3%
Shares of NASDAQ STRL opened at $497.18 on Friday. 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 firm has a market capitalization of $15.25 billion, a price-to-earnings ratio of 53.06, a PEG ratio of 2.55 and a beta of 1.51. The stock has a 50 day moving average price of $430.64 and a 200 day moving average price of $377.15. Sterling Infrastructure, Inc. has a 52-week low of $143.20 and a 52-week high of $512.36.
Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $755.61 million during the quarter, compared to analyst estimates 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. Sell-side analysts expect that Sterling Infrastructure, Inc. will post 12.95 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on STRL. Wall Street Zen lowered Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 28th. Cantor Fitzgerald boosted their price target on Sterling Infrastructure from $413.00 to $482.00 and gave the company an "overweight" rating in a report on Monday, March 2nd. Stifel Nicolaus set a $486.00 price target on Sterling Infrastructure and gave the company a "buy" rating in a report on Wednesday, February 11th. KeyCorp started coverage on Sterling Infrastructure in a report on Thursday. They issued an "overweight" rating and a $572.00 price target for the company. Finally, DA Davidson upped their target price on Sterling Infrastructure from $460.00 to $500.00 and gave the stock a "buy" rating in a report on Friday, February 27th. Two equities research analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $510.00.
Read Our Latest Stock Analysis on Sterling Infrastructure
Institutional Trading of Sterling Infrastructure
A number of hedge funds have recently bought and sold shares of STRL. Root Financial Partners LLC purchased a new stake in Sterling Infrastructure during the third quarter worth $26,000. Wilmington Savings Fund Society FSB purchased a new stake in Sterling Infrastructure during the third quarter worth $28,000. Fifth Third Bancorp lifted its holdings in Sterling Infrastructure by 76.1% during the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company's stock worth $28,000 after buying an additional 35 shares during the period. Bogart Wealth LLC lifted its holdings in Sterling Infrastructure by 535.7% during the third quarter. Bogart Wealth LLC now owns 89 shares of the construction company's stock worth $30,000 after buying an additional 75 shares during the period. Finally, Kemnay Advisory Services Inc. purchased a new stake in Sterling Infrastructure during the fourth quarter worth $31,000. 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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