2,383 Sterling Infrastructure, Inc. $STRL Shares Sold by Toth Financial Advisory Corp

Toth Financial Advisory Corp cut its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) by 95.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 120 shares of the construction company’s stock after selling 2,383 shares during the quarter. Toth Financial Advisory Corp’s holdings in Sterling Infrastructure were worth $59,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wellington Shields & Co. LLC purchased a new position in Sterling Infrastructure in the 2nd quarter worth approximately $29,000. Persistent Asset Partners Ltd purchased a new stake in shares of Sterling Infrastructure in the second quarter valued at approximately $40,000. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Sterling Infrastructure by 100.0% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 60 shares of the construction company’s stock valued at $50,000 after purchasing an additional 30 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in shares of Sterling Infrastructure by 35.7% in the second quarter. TD Waterhouse Canada Inc. now owns 76 shares of the construction company’s stock valued at $59,000 after purchasing an additional 20 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Sterling Infrastructure by 43.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 79 shares of the construction company’s stock worth $66,000 after buying an additional 24 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

Sterling Infrastructure Stock Down 1.0%

Shares of NASDAQ:STRL opened at $513.00 on Friday. Sterling Infrastructure, Inc. has a 12-month low of $281.58 and a 12-month high of $1,005.68. The company has a market capitalization of $15.69 billion, a price-to-earnings ratio of 36.99, a PEG ratio of 1.81 and a beta of 1.86. The business has a 50-day moving average price of $514.05 and a 200 day moving average price of $617.54. 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 (NASDAQ:STRL) last posted its quarterly earnings data on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.01 by $0.79. Sterling Infrastructure had a return on equity of 40.12% and a net margin of 12.55%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $969.22 million. The business’s quarterly revenue was up 90.4% compared to the same quarter last year. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. Sell-side analysts expect that Sterling Infrastructure, Inc. will post 19.10 EPS for the current year.

Wall Street Analysts Forecast Growth

STRL has been the topic of a number of recent research reports. KeyCorp lowered their price objective on Sterling Infrastructure from $922.00 to $754.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 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 report on Thursday. DA Davidson initiated coverage on shares of Sterling Infrastructure in a research report on Friday, August 21st. They set a “buy” rating and a $700.00 price target on the stock. Zacks Research lowered shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Finally, 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. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $733.00.

About Sterling Infrastructure

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.