IAM Advisory LLC Invests $776,000 in Sterling Infrastructure, Inc. $STRL

IAM Advisory LLC bought a new position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,534 shares of the construction company’s stock, valued at approximately $776,000.

Several other institutional investors have also added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC bought a new position in Sterling Infrastructure during the 2nd quarter worth $26,000. Root Financial Partners LLC bought a new stake in shares of Sterling Infrastructure in the third quarter valued at about $26,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Sterling Infrastructure in the third quarter valued at about $28,000. Fifth Third Bancorp grew its stake in shares of Sterling Infrastructure by 76.1% in the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock valued at $28,000 after acquiring an additional 35 shares in the last quarter. Finally, Bogart Wealth LLC grew its stake in shares of Sterling Infrastructure by 535.7% in 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. 80.95% of the stock is currently owned by institutional investors.

Insider Transactions at Sterling Infrastructure

In other Sterling Infrastructure news, Director Dwayne Andree Wilson sold 2,860 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $350.00, for a total transaction of $1,001,000.00. Following the completion of the transaction, the director owned 14,749 shares of the company’s stock, valued at approximately $5,162,150. The trade was a 16.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dana C. O’brien sold 2,000 shares of the 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 completion of the transaction, 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. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 6,860 shares of company stock worth $2,611,000. Company insiders own 3.70% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on STRL. Wall Street Zen upgraded shares of Sterling Infrastructure from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 7th. Zacks Research raised shares of Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 4th. Cantor Fitzgerald lifted their price target on shares of Sterling Infrastructure from $413.00 to $482.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Weiss Ratings raised Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 26th. Finally, DA Davidson lifted their price objective on Sterling Infrastructure from $460.00 to $500.00 and gave the company a “buy” rating in a report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $489.33.

Sterling Infrastructure Stock Down 7.0%

NASDAQ STRL opened at $401.61 on Friday. The business has a fifty day moving average price of $396.30 and a two-hundred day moving average price of $357.32. The stock has a market capitalization of $12.31 billion, a PE ratio of 42.86, a PEG ratio of 2.24 and a beta of 1.48. Sterling Infrastructure, Inc. has a fifty-two week low of $96.34 and a fifty-two week high of $477.03. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 1.01.

Sterling Infrastructure (NASDAQ:STRL) last issued its quarterly earnings results on Wednesday, February 25th. The construction company reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.45. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.The company had revenue of $755.61 million for the quarter, compared to analyst estimates of $639.41 million. Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. Equities analysts expect that Sterling Infrastructure, Inc. will post 5.98 earnings per share for the current fiscal year.

About Sterling Infrastructure

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.