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

Sterling Infrastructure (NASDAQ:STRL) had its target price raised by investment analysts at DA Davidson from $460.00 to $500.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the construction company’s stock. DA Davidson’s price objective points to a potential upside of 19.65% from the company’s current price.

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

Sterling Infrastructure Stock Down 3.6%

Shares of STRL stock traded down $15.46 during mid-day trading on Friday, hitting $417.88. The stock had a trading volume of 389,445 shares, compared to its average volume of 507,662. Sterling Infrastructure has a 12-month low of $96.34 and a 12-month high of $477.03. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.00 and a quick ratio of 1.00. The firm’s 50-day moving average is $363.49 and its two-hundred day moving average is $342.88. The firm has a market capitalization of $12.84 billion, a P/E ratio of 44.58, a price-to-earnings-growth ratio of 2.60 and a beta of 1.51.

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

Sterling Infrastructure announced that its board has approved a stock buyback program on Wednesday, November 12th that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the construction company to purchase up to 3.4% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Sterling Infrastructure

In other news, Director Dwayne Andree Wilson sold 2,860 shares of the stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $350.00, for a total value of $1,001,000.00. Following the transaction, the director directly 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 Securities & Exchange Commission, which is accessible through the SEC website. 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 value of $820,000.00. Following the sale, the director directly owned 11,498 shares of the company’s stock, valued at $4,714,180. This trade represents a 14.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 6,860 shares of company stock worth $2,611,000. 3.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Sterling Infrastructure

A number of institutional investors have recently bought and sold shares of the business. Root Financial Partners LLC acquired a new stake in shares of Sterling Infrastructure in the third quarter worth $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Sterling Infrastructure during the third quarter worth about $28,000. Fifth Third Bancorp grew 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 acquiring an additional 35 shares during the period. Bogart Wealth LLC raised its position in Sterling Infrastructure by 535.7% during the third quarter. Bogart Wealth LLC now owns 89 shares of the construction company’s stock valued at $30,000 after acquiring an additional 75 shares in the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new position in Sterling Infrastructure in the fourth quarter valued at approximately $31,000. 80.95% of the stock is owned by hedge funds and other institutional investors.

Key Headlines 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.