Sterling Infrastructure (NASDAQ:STRL) Price Target Raised to $500.00 at DA Davidson

Sterling Infrastructure (NASDAQ:STRL) had its target price raised by investment analysts at DA Davidson from $460.00 to $500.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the construction company’s stock. DA Davidson’s price objective suggests a potential upside of 19.65% from the stock’s previous close.

STRL has been the topic of a number of other research reports. Cantor Fitzgerald started coverage on shares of Sterling Infrastructure in a research note on Friday, January 23rd. They issued an “overweight” rating and a $413.00 price target on the stock. Zacks Research lowered shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Stifel Nicolaus set a $486.00 target price on shares of Sterling Infrastructure and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Finally, Weiss Ratings raised shares of Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Four 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, the stock has an average rating of “Moderate Buy” and a consensus target price of $466.33.

Sterling Infrastructure Price Performance

Shares of STRL stock traded down $15.46 during mid-day trading on Friday, hitting $417.88. 389,445 shares of the stock were exchanged, compared to its average volume of 507,662. Sterling Infrastructure has a 52-week low of $96.34 and a 52-week high of $477.03. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.26. The company has a market cap of $12.84 billion, a PE ratio of 44.58, a price-to-earnings-growth ratio of 2.60 and a beta of 1.51. The firm has a fifty day moving average of $363.49 and a 200 day moving average of $342.88.

Sterling Infrastructure (NASDAQ:STRL) last released its quarterly earnings results on Wednesday, February 25th. The construction company reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.45. Sterling Infrastructure had a return on equity of 34.26% and a net margin of 11.65%.The company had revenue of $755.61 million during the quarter, compared to analysts’ expectations of $639.41 million. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. Research analysts anticipate that Sterling Infrastructure will post 5.98 earnings per share for the current year.

Sterling Infrastructure declared that its board has authorized a share buyback program on Wednesday, November 12th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 3.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In related news, Director Dwayne Andree Wilson sold 2,860 shares of the company’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $350.00, for a total value of $1,001,000.00. Following the completion of the sale, the director owned 14,749 shares of the company’s stock, valued at approximately $5,162,150. This represents a 16.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Dana C. O’brien sold 2,000 shares of Sterling Infrastructure stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $410.00, for a total transaction of $820,000.00. Following the transaction, the director directly owned 11,498 shares in the company, valued at $4,714,180. This trade represents a 14.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 6,860 shares of company stock valued at $2,611,000 over the last ninety days. Corporate insiders own 3.70% of the company’s stock.

Institutional Trading of Sterling Infrastructure

A number of hedge funds and other institutional investors have recently made changes to their positions in STRL. JPMorgan Chase & Co. lifted its holdings in shares of Sterling Infrastructure by 8.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 122,623 shares of the construction company’s stock worth $28,293,000 after acquiring an additional 9,374 shares during the last quarter. Frontier Capital Management Co. LLC acquired a new stake in shares of Sterling Infrastructure in the second quarter valued at $35,931,000. VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of Sterling Infrastructure by 76.4% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 10,393 shares of the construction company’s stock valued at $3,530,000 after buying an additional 4,500 shares during the period. Emerald Advisers LLC lifted its stake in Sterling Infrastructure by 50.3% during the 3rd quarter. Emerald Advisers LLC now owns 82,582 shares of the construction company’s stock worth $28,051,000 after acquiring an additional 27,627 shares in the last quarter. Finally, Lisanti Capital Growth LLC boosted its holdings in Sterling Infrastructure by 16.9% during the 3rd quarter. Lisanti Capital Growth LLC now owns 32,471 shares of the construction company’s stock valued at $11,030,000 after acquiring an additional 4,691 shares during the period. Institutional investors and hedge funds own 80.95% of the company’s stock.

Key Stories Impacting Sterling Infrastructure

Here are the key news stories impacting Sterling Infrastructure this week:

• Positive Sentiment: Q4 results beat expectations: reported EPS $3.08 vs. $2.63 est. and revenue $755.6M vs. $639.4M consensus — the print and management commentary lifted near‑term visibility. Sterling Q4 press release / slide deck
• Positive Sentiment: Company raised FY‑2026 guidance well above Street: adjusted EPS guidance $13.45–14.05 vs. consensus ~11.90, and revenue guidance ~$3.1–3.2B vs. ~2.8B — this step‑up explains strong analyst re‑ratings and optimism. PR Newswire: FY2026 guidance
• Positive Sentiment: Signed backlog surged to $3.01B (up 78% YoY; +49% ex‑CEC acquisition), giving multi‑year revenue visibility and supporting the raised guidance. Zacks: 78% backlog surge
• Positive Sentiment: Data‑center/AI demand driving E‑Infrastructure strength — segment now a much larger share of revenue with very high growth and margins, cited in analyst upgrades and coverage. Seeking Alpha: upgrade/AI data center thesis
• Neutral Sentiment: Sell‑side modeling updates: Sidoti and others have published new quarterly/annual estimates reflecting the stronger outlook — useful for tracking forward EPS trajectory but not immediate catalysts. MarketBeat / analyst notes
• Negative Sentiment: Short‑seller reports and new independent research have surfaced questions that can increase volatility and weigh on momentum as investors digest competing narratives. Yahoo Finance: short‑seller / research piece
• Negative Sentiment: Valuation and recent run‑up: STRL trades at a high P/E and has rallied strongly this cycle, so some pullback or profit‑taking is plausible even after good results (a likely contributor to today’s decline).

Sterling Infrastructure Company Profile

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.