Dimensional Fund Advisors LP Has $231.53 Million Stock Holdings in Sterling Infrastructure, Inc. $STRL

Dimensional Fund Advisors LP decreased its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) by 2.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 568,605 shares of the construction company’s stock after selling 11,575 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Sterling Infrastructure were worth $231,531,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Kemnay Advisory Services Inc. purchased a new stake in Sterling Infrastructure in the 4th quarter worth about $31,000. EverSource Wealth Advisors LLC boosted its position in 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 during the period. Cedar Mountain Advisors LLC grew its stake in Sterling Infrastructure by 8,000.0% during the 1st quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company’s stock valued at $33,000 after acquiring an additional 80 shares in the last quarter. Rakuten Securities Inc. grew its stake in Sterling Infrastructure by 6,950.0% during the 2nd quarter. Rakuten Securities Inc. now owns 141 shares of the construction company’s stock valued at $33,000 after acquiring an additional 139 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of Sterling Infrastructure by 316.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 104 shares of the construction company’s stock valued at $35,000 after purchasing an additional 79 shares during the period. 80.95% of the stock is owned by institutional investors and hedge funds.

Sterling Infrastructure Stock Performance

Shares of NASDAQ STRL opened at $717.34 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.10 and a quick ratio of 1.10. Sterling Infrastructure, Inc. has a one year low of $244.02 and a one year high of $1,005.68. The business’s 50-day moving average price is $786.65 and its two-hundred day moving average price is $566.75. The company has a market capitalization of $22.02 billion, a P/E ratio of 64.16, a price-to-earnings-growth ratio of 2.63 and a beta of 1.83.

Sterling Infrastructure (NASDAQ:STRL) last posted its quarterly earnings results on Monday, May 4th. The construction company reported $3.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $1.30. The company had revenue of $825.67 million during the quarter, compared to the consensus estimate of $603.58 million. Sterling Infrastructure had a return on equity of 35.64% and a net margin of 12.02%.During the same period last year, the business earned $1.63 EPS. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. Analysts anticipate that Sterling Infrastructure, Inc. will post 18.24 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. KeyCorp increased their price target on shares of Sterling Infrastructure from $889.00 to $922.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Wall Street Zen downgraded shares of Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. Argus initiated coverage on shares of Sterling Infrastructure in a research note on Thursday, April 16th. They issued a “buy” rating and a $510.00 price objective on the stock. Zacks Research upgraded shares of Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 1st. Finally, Oppenheimer began coverage on shares of Sterling Infrastructure in a research note on Thursday, May 28th. They set an “outperform” rating and a $950.00 target price for the company. One analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. Based on data from MarketBeat.com, Sterling Infrastructure presently has an average rating of “Buy” and a consensus target price of $720.67.

Insider Buying and Selling

In related news, General Counsel Mark D. Wolf sold 2,500 shares of the stock in a transaction that occurred 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 transaction, the general counsel owned 28,137 shares in the company, valued at approximately $24,985,656. This represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.60% of the company’s stock.

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.