Toth Financial Advisory Corp Has $2.10 Million Holdings in Sterling Infrastructure, Inc. $STRL

Toth Financial Advisory Corp increased its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) by 98.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 2,503 shares of the construction company’s stock after purchasing an additional 1,240 shares during the period. Toth Financial Advisory Corp’s holdings in Sterling Infrastructure were worth $2,101,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Empowered Funds LLC acquired a new position in shares of Sterling Infrastructure during the 1st quarter worth about $378,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Sterling Infrastructure by 12.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 83,983 shares of the construction company’s stock valued at $9,508,000 after acquiring an additional 9,625 shares in the last quarter. Focus Partners Wealth increased its holdings in Sterling Infrastructure by 13.7% during the 1st quarter. Focus Partners Wealth now owns 2,313 shares of the construction company’s stock worth $262,000 after purchasing an additional 279 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Sterling Infrastructure in the 2nd quarter worth approximately $5,929,000. Finally, Cerity Partners LLC lifted its stake in Sterling Infrastructure by 195.7% in the 2nd quarter. Cerity Partners LLC now owns 19,522 shares of the construction company’s stock worth $4,504,000 after purchasing an additional 12,921 shares in the last quarter. Institutional investors own 80.95% of the company’s stock.

Sterling Infrastructure Price Performance

Sterling Infrastructure stock opened at $470.52 on Friday. The stock’s 50 day moving average is $638.53 and its 200-day moving average is $601.26. The company has a market capitalization of $14.39 billion, a price-to-earnings ratio of 33.92, a PEG ratio of 1.76 and a beta of 1.88. Sterling Infrastructure, Inc. has a 12 month low of $266.13 and a 12 month high of $1,005.68. 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 released its quarterly earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.01 by $0.79. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $969.22 million. The business’s 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. Equities research analysts expect that Sterling Infrastructure, Inc. will post 19.14 EPS for the current year.

Insider Buying and Selling at Sterling Infrastructure

In related news, General Counsel Mark D. Wolf sold 2,500 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $888.00, for a total value of $2,220,000.00. Following the transaction, the general counsel owned 28,137 shares in the company, valued at $24,985,656. The trade was a 8.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Zacks Research lowered Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. KeyCorp dropped their price objective on shares of Sterling Infrastructure from $922.00 to $754.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 5th. DA Davidson initiated coverage on shares of Sterling Infrastructure in a research note on Friday, August 21st. They issued a “buy” rating and a $700.00 target price for the company. Cantor Fitzgerald dropped their price target on shares of Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 5th. Finally, Oppenheimer initiated coverage on Sterling Infrastructure in a research report on Thursday, May 28th. They set an “outperform” rating and a $950.00 price objective for the company. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $690.33.

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.