Soltis Investment Advisors LLC Makes New $868,000 Investment in Sterling Infrastructure, Inc. $STRL

Soltis Investment Advisors LLC acquired a new position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,764 shares of the construction company’s stock, valued at approximately $868,000.

Several other institutional investors and hedge funds have also modified their holdings of STRL. State Street Corp grew its position in Sterling Infrastructure by 290.7% in the second quarter. State Street Corp now owns 4,253,073 shares of the construction company’s stock valued at $3,569,859,000 after acquiring an additional 3,164,551 shares during the last quarter. BlackRock Inc. acquired a new position in Sterling Infrastructure during the second quarter worth about $2,713,946,000. First Trust Advisors LP raised its stake in Sterling Infrastructure by 27.3% during the first quarter. First Trust Advisors LP now owns 877,990 shares of the construction company’s stock worth $357,579,000 after acquiring an additional 188,048 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Sterling Infrastructure by 7.5% in the first quarter. Janus Henderson Group PLC now owns 619,145 shares of the construction company’s stock worth $252,207,000 after acquiring an additional 43,259 shares during the last quarter. Finally, Jupiter Topco LLC bought a new position in shares of Sterling Infrastructure in the second quarter worth about $395,056,000. 80.95% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. KeyCorp raised their price target on shares of Sterling Infrastructure from $754.00 to $755.00 and gave the company an “overweight” rating in a research note on Thursday, October 15th. Stifel Nicolaus lowered their price objective on shares of Sterling Infrastructure from $804.00 to $742.00 and set a “buy” rating for the company in a research report on Thursday, October 8th. Zacks Research cut shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Weiss Ratings downgraded shares of Sterling Infrastructure from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, September 9th. Finally, DA Davidson dropped their price objective on shares of Sterling Infrastructure from $700.00 to $680.00 and set a “buy” rating for the company in a research note on Friday. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $729.83.

Sterling Infrastructure News Summary

Here are the key news stories impacting Sterling Infrastructure this week:

• Positive Sentiment: Record Q3 results exceeded expectations. Third-quarter revenue surged 127% year over year to $1.56 billion, while earnings reached $7.58 per share versus the $6.20 consensus estimate. Growth was driven largely by the company’s E-Infrastructure segment and strong data-center demand. Sterling Reports Record Third Quarter Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Full-year 2026 guidance was raised well above analyst expectations. Sterling now expects adjusted EPS of $21.70-$21.96, compared with consensus of $19.84, and revenue of $4.6 billion-$4.7 billion versus the $4.1 billion consensus. Management cited electrical infrastructure growth, data centers and a nearly $8 billion work pipeline. STRL Q3 Earnings Call Highlights Multiyear Growth Opportunities
• Positive Sentiment: Analysts remain broadly bullish. Cantor Fitzgerald reaffirmed its overweight rating with a $742 price target, while DA Davidson maintained a buy rating and set a $680 target. These targets imply substantial potential upside if Sterling meets its growth outlook.
• Neutral Sentiment: The backlog provides visibility but requires scrutiny. Combined backlog stood at approximately $6.14 billion, supporting the multiyear growth narrative. However, commentary indicates signed backlog and the near-term pipeline are softer than the headline work-pipeline figure, creating uncertainty over the timing of future revenue. Sterling Grows 127% as Signed Backlog Dips
• Negative Sentiment: Investors are focused on execution and mix risks. Housing-related headwinds, shifting margin mix and questions about converting the pipeline into signed projects appear to be offsetting the earnings beat. DA Davidson’s target reduction from $700 to $680, despite retaining a buy rating, may also reinforce near-term caution.

Sterling Infrastructure Stock Performance

Sterling Infrastructure stock opened at $345.91 on Friday. The business has a 50 day moving average of $472.54 and a 200-day moving average of $549.83. The company has a market capitalization of $10.58 billion, a P/E ratio of 19.41, a P/E/G ratio of 1.21 and a beta of 1.86. Sterling Infrastructure, Inc. has a 1 year low of $281.58 and a 1 year high of $1,005.68. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.04 and a quick ratio of 1.11.

Sterling Infrastructure (NASDAQ:STRL) last posted its earnings results on Wednesday, October 28th. The construction company reported $7.58 EPS for the quarter, topping the consensus estimate of $6.20 by $1.38. Sterling Infrastructure had a net margin of 12.85% and a return on equity of 45.97%. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.19 billion. The firm’s quarterly revenue was up 127.0% on a year-over-year basis. On average, equities research analysts predict that Sterling Infrastructure, Inc. will post 20.91 earnings per share for the current year.

Sterling Infrastructure Profile

Sterling Infrastructure, Inc is a U.S.-based infrastructure services company that provides construction and specialty contracting solutions through three principal business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

Its E-Infrastructure Solutions segment supports the development of data centers, advanced manufacturing facilities, energy and power infrastructure, and other large-scale industrial projects. Transportation Solutions provides construction and rehabilitation services for highways, roads, bridges, airports, rail and transit systems, and related public infrastructure.