Hennion & Walsh Asset Management Inc. Has $10.02 Million Position in Sterling Infrastructure, Inc. $STRL

Hennion & Walsh Asset Management Inc. raised its holdings in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) by 13.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,939 shares of the construction company’s stock after purchasing an additional 1,426 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Sterling Infrastructure were worth $10,021,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Kemnay Advisory Services Inc. bought a new position in shares of Sterling Infrastructure in the fourth quarter valued at $31,000. EverSource Wealth Advisors LLC increased its position in shares of Sterling Infrastructure by 33.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company’s stock worth $33,000 after acquiring an additional 27 shares in the last quarter. Cedar Mountain Advisors LLC raised its holdings in shares of Sterling Infrastructure by 8,000.0% in the 1st quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company’s stock worth $33,000 after acquiring an additional 80 shares during the last quarter. Rakuten Securities Inc. raised its holdings in shares of Sterling Infrastructure by 6,950.0% in the 2nd quarter. Rakuten Securities Inc. now owns 141 shares of the construction company’s stock worth $33,000 after acquiring an additional 139 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in 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 acquiring an additional 79 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Oppenheimer began coverage on Sterling Infrastructure in a report on Thursday, May 28th. They set an “outperform” rating and a $950.00 price objective for the company. Zacks Research upgraded Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a report on Monday, June 1st. KeyCorp cut their target price on Sterling Infrastructure from $922.00 to $754.00 and set an “overweight” rating on the stock in a research report on Wednesday. Wall Street Zen upgraded Sterling Infrastructure from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Argus initiated coverage on Sterling Infrastructure in a research note on Thursday, April 16th. They set a “buy” rating and a $510.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company’s stock. According to MarketBeat.com, Sterling Infrastructure currently has a consensus rating of “Buy” and an average target price of $657.00.

Sterling Infrastructure Trading Up 2.0%

Shares of STRL stock opened at $547.06 on Friday. Sterling Infrastructure, Inc. has a 52-week low of $263.45 and a 52-week high of $1,005.68. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.10 and a current ratio of 1.11. The company has a 50-day simple moving average of $740.83 and a two-hundred day simple moving average of $584.32. The company has a market capitalization of $16.73 billion, a price-to-earnings ratio of 39.44, a PEG ratio of 1.92 and a beta of 1.88.

Sterling Infrastructure (NASDAQ:STRL) last posted its earnings results on Monday, August 3rd. The construction company reported $5.80 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 for the quarter, compared to analysts’ expectations of $969.22 million. The business’s quarterly 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. Research analysts anticipate that Sterling Infrastructure, Inc. will post 19.13 EPS for the current fiscal year.

Trending Headlines about Sterling Infrastructure

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

• Positive Sentiment: Strong Q2 performance and outlook: Sterling reported revenue growth of more than 90% year over year and adjusted EPS growth of 116%, driven primarily by its E-Infrastructure segment and AI data-center construction demand. Management raised full-year guidance, while backlog increased to roughly $4.3 billion in one report and exceeded $7 billion in another, providing significant multiyear revenue visibility. Sterling Infrastructure Q2 2026 Review
• Positive Sentiment: Analysts remain bullish: KeyBanc reaffirmed its Buy rating, while Wall Street Zen upgraded STRL to Strong Buy. Additional coverage highlights the company’s exposure to data-center infrastructure and argues that strong growth makes the valuation more attractive. One analysis estimated fair value at $645 per share, implying approximately 20% upside from the referenced price. KeyBanc Buy Rating Wall Street Zen Strong Buy Upgrade
• Positive Sentiment: Higher earnings expectations: Sidoti raised its FY2026 EPS estimate to $19.00 from $18.09 and increased its Q3 2026 and Q2 2027 forecasts. These revisions reinforce expectations for continued earnings growth and are broadly consistent with the current full-year consensus of about $19.01 per share. Sidoti Earnings Estimates
• Neutral Sentiment: Mixed analyst signals: A broader roundup described analysts as bullish on STRL, but the reports largely reiterate existing views rather than introduce a major new catalyst. Analysts Bullish on Sterling Infrastructure
• Negative Sentiment: Valuation and estimates remain risks: Despite the earnings beat, shares recently faced pressure because of a high valuation and concerns that a changing business mix could weigh on margins. Sidoti lowered its Q1 and Q3 2027 EPS estimates, while Cantor Fitzgerald reduced its price expectations. Cantor Fitzgerald Price Expectations

Insider Activity

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 transaction of $2,220,000.00. Following the completion of the sale, the general counsel directly owned 28,137 shares of the company’s stock, valued at approximately $24,985,656. This trade represents a 8.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.60% of the stock is currently owned by corporate insiders.

About Sterling Infrastructure

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.