1,595 Sterling Infrastructure, Inc. $STRL Shares Sold by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC lowered its position in Sterling Infrastructure, Inc. (NASDAQ:STRL) by 3.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,062 shares of the construction company’s stock after selling 1,595 shares during the period. Sterling Infrastructure makes up about 2.5% of Baker Ellis Asset Management LLC’s investment portfolio, making the stock its 7th biggest position. Baker Ellis Asset Management LLC owned approximately 0.15% of Sterling Infrastructure worth $23,144,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Sterling Infrastructure in the third quarter valued at $580,000. Krilogy Financial LLC boosted its holdings in shares of Sterling Infrastructure by 46.5% during the third quarter. Krilogy Financial LLC now owns 457 shares of the construction company’s stock worth $229,000 after purchasing an additional 145 shares during the last quarter. GAMMA Investing LLC lifted its position in Sterling Infrastructure by 10.5% during the third quarter. GAMMA Investing LLC now owns 1,428 shares of the construction company’s stock worth $702,000 after buying an additional 136 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Sterling Infrastructure by 5.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,694 shares of the construction company’s stock valued at $1,817,000 after acquiring an additional 176 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its holdings in Sterling Infrastructure by 1.5% in the third quarter. Valeo Financial Advisors LLC now owns 2,284 shares of the construction company’s stock valued at $1,123,000 after purchasing an additional 34 shares during the period. 80.95% of the stock is owned by hedge funds and other institutional investors.

Sterling Infrastructure Stock Down 9.1%

STRL stock traded down $45.54 during mid-day trading on Wednesday, hitting $453.07. 728,098 shares of the company were exchanged, compared to its average volume of 623,832. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.19. Sterling Infrastructure, Inc. has a twelve month low of $281.58 and a twelve month high of $1,005.68. The firm has a fifty day simple moving average of $510.98 and a 200 day simple moving average of $619.62. The company has a market capitalization of $13.86 billion, a PE ratio of 32.67, a price-to-earnings-growth ratio of 1.75 and a beta of 1.86.

Sterling Infrastructure (NASDAQ:STRL) last released its quarterly earnings data on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.01 by $0.79. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $969.22 million. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The business’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. On average, research analysts forecast that Sterling Infrastructure, Inc. will post 19.10 earnings per share for the current fiscal year.

Analyst Ratings Changes

STRL has been the topic of several research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $742.00 target price on shares of Sterling Infrastructure in a research report on Wednesday. Weiss Ratings cut shares of Sterling Infrastructure from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, September 9th. Wall Street Zen downgraded shares of Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 5th. Stifel Nicolaus reduced their price target on Sterling Infrastructure from $804.00 to $742.00 and set a “buy” rating on the stock in a research report on Thursday, October 8th. Finally, Zacks Research cut Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Sterling Infrastructure currently has a consensus rating of “Moderate Buy” and a consensus target price of $733.00.

Sterling Infrastructure Profile

Sterling Infrastructure, Inc is an infrastructure services company that provides construction and rehabilitation solutions for public and private-sector customers in the United States. Formerly known as Sterling Construction Company, the company adopted its current name to reflect the expansion of its business beyond traditional transportation construction.

The company operates through three principal business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.