International Assets Investment Management LLC boosted its position in Sterling Infrastructure, Inc. (NASDAQ:STRL – Free Report) by 273.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,596 shares of the construction company’s stock after purchasing an additional 1,901 shares during the period. International Assets Investment Management LLC’s holdings in Sterling Infrastructure were worth $1,277,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the company. Wellington Shields & Co. LLC purchased a new stake in shares of Sterling Infrastructure during the 2nd quarter valued at about $29,000. Cedar Mountain Advisors LLC boosted its holdings in shares of Sterling Infrastructure by 8,000.0% in the first quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company’s stock worth $33,000 after buying an additional 80 shares during the last quarter. NFSG Corp boosted its holdings in shares of Sterling Infrastructure by 578.6% in the first quarter. NFSG Corp now owns 95 shares of the construction company’s stock worth $39,000 after buying an additional 81 shares during the last quarter. Persistent Asset Partners Ltd purchased a new position in shares of Sterling Infrastructure in the second quarter worth approximately $40,000. Finally, Signature Equity Partners LLC grew its position in Sterling Infrastructure by 19.5% during the first quarter. Signature Equity Partners LLC now owns 104 shares of the construction company’s stock valued at $42,000 after buying an additional 17 shares during the period. 80.95% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
STRL has been the subject of a number of research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $742.00 target price on shares of Sterling Infrastructure in a report on Thursday, October 29th. Stifel Nicolaus dropped their price target on shares of Sterling Infrastructure from $804.00 to $742.00 and set a “buy” rating on the stock in a research note on Thursday, October 8th. KeyCorp boosted their price objective on shares of Sterling Infrastructure from $754.00 to $755.00 and gave the company an “overweight” rating in a research report on Thursday, October 15th. Wall Street Zen downgraded Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 5th. Finally, Zacks Research lowered Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $729.83.
Sterling Infrastructure Trading Down 21.5%
Sterling Infrastructure stock opened at $283.66 on Thursday. Sterling Infrastructure, Inc. has a 12-month low of $279.77 and a 12-month high of $1,005.68. The firm has a market capitalization of $8.65 billion, a price-to-earnings ratio of 15.92, a P/E/G ratio of 0.67 and a beta of 1.97. The firm has a 50 day moving average of $462.14 and a 200 day moving average of $549.84. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.06.
Sterling Infrastructure (NASDAQ:STRL – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The construction company reported $7.58 earnings per share for the quarter, beating the consensus estimate of $6.20 by $1.38. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.19 billion. Sterling Infrastructure had a net margin of 12.85% and a return on equity of 45.97%. The business’s quarterly revenue was up 127.0% compared to the same quarter last year. As a group, research analysts predict that Sterling Infrastructure, Inc. will post 20.91 earnings per share for the current year.
Key Sterling Infrastructure News
Here are the key news stories impacting Sterling Infrastructure this week:
- Positive Sentiment: Strong Q3 results and higher outlook: Revenue rose 127% year over year to a record $1.56 billion, while EPS of $7.58 exceeded the $6.20 consensus estimate. Sterling also raised its 2026 revenue, earnings and EBITDA outlook, supported by record backlog and demand for data centers and other E-Infrastructure. Sterling’s Q3 Revenue Soars 127% Raised 2026 Outlook
- Positive Sentiment: Growth and valuation support the bullish case: An analysis cited rapid earnings growth, a discounted valuation and a net-cash position as reasons investors may view STRL favorably. Data-center-related demand is also supporting expectations for continued growth. STRL Buy Analysis
- Neutral Sentiment: Capacity and investor outreach: The CEO outlined an acquisition push to expand capacity, which could help Sterling pursue demand but also brings execution considerations. Management is also scheduled to attend several investor conferences. CEO Maps Out Acquisition Push Investor Conferences
- Negative Sentiment: Margins and cash conversion are key concerns: Coverage highlights margin pressure related to the CEC electrical business and weaker cash conversion, raising questions about whether rapid growth will translate into cash and sustainable profitability. One report noted STRL had fallen 35.9% over a month as investors assessed these risks. STRL Stock Decline and Risks
About Sterling Infrastructure
Sterling Infrastructure, Inc is a U.S.-based infrastructure services company that provides construction and specialty contracting solutions through three principal business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.
Its E-Infrastructure Solutions segment supports the development of data centers, advanced manufacturing facilities, energy and power infrastructure, and other large-scale industrial projects. Transportation Solutions provides construction and rehabilitation services for highways, roads, bridges, airports, rail and transit systems, and related public infrastructure.
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