B. Metzler seel. Sohn & Co. AG Sells 11,599 Shares of Sterling Infrastructure, Inc. $STRL

B. Metzler seel. Sohn & Co. AG cut its stake in Sterling Infrastructure, Inc. (NASDAQ:STRL) by 58.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,159 shares of the construction company’s stock after selling 11,599 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Sterling Infrastructure were worth $2,771,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. State Street Corp lifted its stake in Sterling Infrastructure by 62.0% during the second quarter. State Street Corp now owns 1,131,751 shares of the construction company’s stock worth $261,129,000 after purchasing an additional 433,311 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Sterling Infrastructure by 0.5% during the 2nd quarter. Geode Capital Management LLC now owns 739,302 shares of the construction company’s stock valued at $170,600,000 after purchasing an additional 3,469 shares during the last quarter. Invesco Ltd. increased its position in shares of Sterling Infrastructure by 82.7% during the 2nd quarter. Invesco Ltd. now owns 735,910 shares of the construction company’s stock valued at $169,797,000 after purchasing an additional 333,013 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Sterling Infrastructure by 84.6% during the 3rd quarter. American Century Companies Inc. now owns 654,096 shares of the construction company’s stock valued at $222,184,000 after buying an additional 299,724 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Sterling Infrastructure by 83.5% during the 3rd quarter. First Trust Advisors LP now owns 606,236 shares of the construction company’s stock valued at $205,926,000 after buying an additional 275,830 shares in the last quarter. Institutional investors own 80.95% of the company’s stock.

Sterling Infrastructure Trading Up 4.1%

Shares of STRL stock opened at $411.38 on Tuesday. The business has a 50-day moving average of $377.68 and a 200 day moving average of $350.12. 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, Inc. has a 1-year low of $96.34 and a 1-year high of $477.03. The stock has a market capitalization of $12.60 billion, a PE ratio of 43.90, a P/E/G ratio of 2.05 and a beta of 1.48.

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

Sterling Infrastructure announced that its board has authorized a share buyback program on Wednesday, November 12th that permits the company to buyback $400.00 million in shares. This buyback authorization permits the construction company to purchase up to 3.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Sterling Infrastructure

In related news, Director Dana C. O’brien sold 2,000 shares of Sterling Infrastructure stock in a transaction on Monday, February 9th. The shares were sold at an average price of $410.00, for a total value of $820,000.00. Following the transaction, the director directly owned 11,498 shares of the company’s stock, valued at $4,714,180. The trade was a 14.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dwayne Andree Wilson sold 2,860 shares of the stock in a transaction on Friday, January 16th. The shares were sold at an average price of $350.00, for a total transaction of $1,001,000.00. Following the sale, the director directly owned 14,749 shares of the company’s stock, valued at $5,162,150. The trade was a 16.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 6,860 shares of company stock worth $2,611,000. 2.70% of the stock is owned by insiders.

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.