Next Century Growth Investors LLC Lowers Holdings in Sterling Infrastructure, Inc. $STRL

Next Century Growth Investors LLC trimmed its holdings in Sterling Infrastructure, Inc. (NASDAQ:STRL) by 9.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,939 shares of the construction company’s stock after selling 8,126 shares during the period. Sterling Infrastructure comprises about 1.7% of Next Century Growth Investors LLC’s investment portfolio, making the stock its 12th biggest position. Next Century Growth Investors LLC’s holdings in Sterling Infrastructure were worth $25,092,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. EverSource Wealth Advisors LLC lifted its position in shares of Sterling Infrastructure by 33.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 107 shares of the construction company’s stock valued at $33,000 after acquiring an additional 27 shares in the last quarter. CENTRAL TRUST Co lifted its position in shares of Sterling Infrastructure by 7.9% in the fourth quarter. CENTRAL TRUST Co now owns 397 shares of the construction company’s stock valued at $122,000 after acquiring an additional 29 shares in the last quarter. Lido Advisors LLC lifted its position in shares of Sterling Infrastructure by 1.8% in the fourth quarter. Lido Advisors LLC now owns 1,725 shares of the construction company’s stock valued at $578,000 after acquiring an additional 31 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of Sterling Infrastructure by 76.1% in the third quarter. Fifth Third Bancorp now owns 81 shares of the construction company’s stock valued at $28,000 after acquiring an additional 35 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its position in shares of Sterling Infrastructure by 10.3% in the fourth quarter. Quadrant Capital Group LLC now owns 438 shares of the construction company’s stock valued at $134,000 after acquiring an additional 41 shares in the last quarter. 80.95% of the stock is currently owned by hedge funds and other institutional investors.

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.

Sterling Infrastructure Price Performance

NASDAQ:STRL opened at $858.99 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $26.36 billion, a P/E ratio of 76.83, a P/E/G ratio of 3.14 and a beta of 1.82. Sterling Infrastructure, Inc. has a 12 month low of $197.73 and a 12 month high of $1,005.68. The business’s 50-day moving average is $674.47 and its 200 day moving average is $476.16.

Sterling Infrastructure (NASDAQ:STRL) last posted its earnings results on Monday, May 4th. The construction company reported $3.59 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $1.30. The company had revenue of $825.68 million for 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 in the previous year, the business earned $1.63 earnings per share. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. On average, equities research analysts forecast that Sterling Infrastructure, Inc. will post 18.26 earnings per share for the current fiscal year.

Insider Activity at Sterling Infrastructure

In other Sterling Infrastructure news, CEO Joseph A. Cutillo sold 50,000 shares of the business’s 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 sale, the chief executive officer directly owned 290,593 shares of the company’s stock, valued at $144,590,359.01. The trade was a 14.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Cantor Fitzgerald boosted their price objective on Sterling Infrastructure from $482.00 to $956.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. KeyCorp boosted their price objective on Sterling Infrastructure from $889.00 to $922.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Zacks Research upgraded Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 1st. Wall Street Zen downgraded Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 31st. Finally, Argus started coverage on Sterling Infrastructure in a research report on Thursday, April 16th. They issued a “buy” rating and a $510.00 target price on the stock. One research 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, the company currently has an average rating of “Buy” and a consensus target price of $720.67.

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.