Compass Financial Management LLC Acquires New Holdings in Sterling Infrastructure, Inc. $STRL

Compass Financial Management LLC bought a new stake in Sterling Infrastructure, Inc. (NASDAQ:STRL) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 1,210 shares of the construction company’s stock, valued at approximately $1,016,000.

A number of other large investors have also added to or reduced their stakes in STRL. Signature Equity Partners LLC lifted its position in shares of Sterling Infrastructure by 19.5% during the first quarter. Signature Equity Partners LLC now owns 104 shares of the construction company’s stock valued at $42,000 after buying an additional 17 shares during the last quarter. World Investment Advisors grew its position in shares of Sterling Infrastructure by 2.4% in the 1st quarter. World Investment Advisors now owns 870 shares of the construction company’s stock worth $354,000 after buying an additional 20 shares during the last quarter. Ritholtz Wealth Management grew its position in shares of Sterling Infrastructure by 3.6% in the 1st quarter. Ritholtz Wealth Management now owns 686 shares of the construction company’s stock worth $279,000 after buying an additional 24 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Sterling Infrastructure by 43.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 79 shares of the construction company’s stock worth $66,000 after acquiring an additional 24 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Sterling Infrastructure by 33.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company’s stock worth $33,000 after acquiring an additional 27 shares in the last quarter. 80.95% of the stock is currently owned by institutional investors.

Insider Activity

In related news, General Counsel Mark D. Wolf sold 2,500 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $888.00, for a total value of $2,220,000.00. Following the completion of the transaction, the general counsel owned 28,137 shares in the company, valued at $24,985,656. This trade represents a 8.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on STRL shares. KeyCorp decreased their target price on shares of Sterling Infrastructure from $922.00 to $754.00 and set an “overweight” rating for the company in a research report on Wednesday, August 5th. Oppenheimer began coverage on Sterling Infrastructure in a research report on Thursday, May 28th. They set an “outperform” rating and a $950.00 price target on the stock. DA Davidson assumed coverage on Sterling Infrastructure in a report on Friday. They set a “buy” rating and a $700.00 price objective for the company. Wall Street Zen raised Sterling Infrastructure from a “buy” rating to a “strong-buy” rating in a research report on Monday. Finally, Cantor Fitzgerald dropped their target price on Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 5th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $690.33.

Sterling Infrastructure Stock Performance

Shares of Sterling Infrastructure stock opened at $516.81 on Monday. 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 12-month low of $266.13 and a 12-month high of $1,005.68. The firm has a market capitalization of $15.81 billion, a price-to-earnings ratio of 37.26, a PEG ratio of 1.80 and a beta of 1.88. The firm’s 50 day simple moving average is $675.12 and its two-hundred day simple moving average is $598.85.

Sterling Infrastructure (NASDAQ:STRL) last posted its quarterly earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.01 by $0.79. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $969.22 million. The company’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. Analysts predict that Sterling Infrastructure, Inc. will post 19.15 EPS for the current year.

Sterling Infrastructure 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.