Horizon Investment Services LLC Decreases Holdings in Sterling Infrastructure, Inc. $STRL

Horizon Investment Services LLC trimmed its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) by 8.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,727 shares of the construction company’s stock after selling 1,131 shares during the period. Sterling Infrastructure accounts for about 1.4% of Horizon Investment Services LLC’s holdings, making the stock its 22nd largest holding. Horizon Investment Services LLC’s holdings in Sterling Infrastructure were worth $3,897,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of STRL. Empowered Funds LLC purchased a new stake in Sterling Infrastructure during the 1st quarter worth about $378,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Sterling Infrastructure by 12.9% during 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 worth $9,508,000 after buying an additional 9,625 shares during the last quarter. Focus Partners Wealth lifted 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 buying an additional 279 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Sterling Infrastructure during the 2nd quarter worth about $5,929,000. Finally, Cerity Partners LLC lifted its holdings in Sterling Infrastructure by 195.7% during the 2nd quarter. Cerity Partners LLC now owns 19,522 shares of the construction company’s stock worth $4,504,000 after buying an additional 12,921 shares during the last quarter. 80.95% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on STRL shares. Wall Street Zen downgraded Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 31st. Weiss Ratings downgraded Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. Oppenheimer initiated coverage on Sterling Infrastructure in a report on Thursday, May 28th. They issued an “outperform” rating and a $950.00 target price for the company. DA Davidson boosted their price target on Sterling Infrastructure from $460.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Finally, Argus initiated coverage on Sterling Infrastructure in a research report on Thursday, April 16th. They issued a “buy” rating and a $510.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. According to data from MarketBeat.com, Sterling Infrastructure has a consensus rating of “Buy” and a consensus price target of $720.67.

Key Stories Impacting Sterling Infrastructure

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

• Positive Sentiment: Sidoti raised multiple earnings estimates for Sterling Infrastructure (STRL), including FY2026 and FY2027, signaling expectations for continued strong profit growth and supporting a bullish view on the stock.
• Positive Sentiment: Another recent report said Wall Street remains positive on Sterling Infrastructure (STRL), citing a consensus Buy rating and a median 12-month price target of $950, which suggests analysts still see upside from current levels. Wall Street remains positive article
• Positive Sentiment: Zacks highlighted Sterling Infrastructure (STRL) as a solid growth stock, pointing to its strong growth attributes as a reason it could generate exceptional returns. Zacks growth stock article
• Positive Sentiment: Broker-focused commentary also pointed investors toward Sterling Infrastructure (STRL), reinforcing that the stock is drawing attention from analysts and the market. Broker suggestions article
• Neutral Sentiment: The company’s recent earnings history already supports the bullish narrative: Sterling Infrastructure beat expectations in its last quarterly report, and current guidance remains strong, helping justify elevated investor expectations.

Insider Activity

In other news, CEO Joseph A. Cutillo sold 50,000 shares of the stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $497.57, for a total transaction of $24,878,500.00. Following the completion of the transaction, the chief executive officer directly owned 290,593 shares of the company’s stock, valued at approximately $144,590,359.01. This represents a 14.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.60% of the company’s stock.

Sterling Infrastructure Stock Performance

Shares of STRL stock opened at $858.99 on Friday. The stock has a market capitalization of $26.36 billion, a PE ratio of 76.83, a price-to-earnings-growth ratio of 3.14 and a beta of 1.82. Sterling Infrastructure, Inc. has a 52-week low of $197.73 and a 52-week high of $1,005.68. The stock’s 50-day moving average price is $674.47 and its 200 day moving average price is $476.16. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.23.

Sterling Infrastructure (NASDAQ:STRL) last issued its quarterly earnings results on Monday, May 4th. The construction company reported $3.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $1.30. The firm had revenue of $825.68 million for the quarter, compared to analysts’ expectations of $603.58 million. Sterling Infrastructure had a return on equity of 35.64% and a net margin of 12.02%.During the same quarter in the previous year, the firm posted $1.63 EPS. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. As a group, equities research analysts forecast that Sterling Infrastructure, Inc. will post 18.26 EPS for the current year.

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.