Elevated Financial Group LLC Takes $834,000 Position in Sterling Infrastructure, Inc. $STRL

26 Apr 2026, 04:58 by Jessica Moore · The Cerbat Gem

Elevated Financial Group LLC bought a new position in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,722 shares of the construction company’s stock, valued at approximately $834,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Root Financial Partners LLC acquired a new position in shares of Sterling Infrastructure in the third quarter worth $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Sterling Infrastructure in the third quarter valued at $28,000. Fifth Third Bancorp boosted its holdings in 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 purchasing an additional 35 shares during the period. Bogart Wealth LLC grew its stake in Sterling Infrastructure by 535.7% during the 3rd quarter. Bogart Wealth LLC now owns 89 shares of the construction company’s stock worth $30,000 after purchasing an additional 75 shares in the last quarter. Finally, 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 worth $33,000 after purchasing an additional 139 shares in the last quarter. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Sterling Infrastructure News Roundup

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

Positive Sentiment: Q1 beat and strong guidance — Sterling reported a Q1 earnings and revenue beat and set FY2026 EPS guidance of 13.45–14.05, reinforcing the company’s upward earnings trajectory and underpinning investor confidence. MarketBeat STRL Stock Profile
Positive Sentiment: Analyst upgrades and bullish estimates — KeyCorp/KeyBanc and other brokers initiated or reiterated bullish coverage (KeyCorp: “Strong‑Buy” with multiyear EPS ramps to FY2027 $15.59; KeyBanc/others started/initiated overweight/overweight). These notes raise visibility and may attract institutional flows. KeyBanc Initiates Coverage
Positive Sentiment: Data‑center tailwind and geographic expansion — Coverage highlights accelerating demand from Texas data‑center builds, a CEC-powered Dallas foothold and plans in the Pacific Northwest; these end markets can lift higher‑margin specialty work and award capture. Sterling Infrastructure Rallies on Data Center Boom
Neutral Sentiment: Analyst model updates — KeyCorp published quarter‑by‑quarter EPS buildouts for FY2026–FY2027 (Q1–Q4 and annual figures), giving investors a clearer cadence for expected results; these are supportive but depend on execution against guidance. MarketBeat STRL Analyst Notes
Negative Sentiment: Large insider sale — CEO Joseph Cutillo sold 50,000 shares for ~$24.9M under a pre‑arranged Rule 10b5‑1 plan. While labeled pre‑planned, the size of the sale can spook some investors or cap short‑term upside. CEO Sells $24,878,500 in Stock

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. KeyCorp initiated coverage on Sterling Infrastructure in a research report on Thursday. They issued an “overweight” rating and a $572.00 price target on the stock. Zacks Research raised Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Argus started coverage on shares of Sterling Infrastructure in a research note on Thursday, April 16th. They set a “buy” rating and a $510.00 target price on the stock. Weiss Ratings raised shares of Sterling Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Finally, Stifel Nicolaus set a $486.00 price target on shares of Sterling Infrastructure and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $510.00.

Get Our Latest Report on STRL

Insider Buying and Selling

In other news, CEO Joseph A. Cutillo sold 50,000 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $497.57, for a total value of $24,878,500.00. Following the completion of the transaction, the chief executive officer owned 290,593 shares in the company, 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 link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dana C. O’brien sold 2,000 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $410.00, for a total transaction of $820,000.00. Following the completion of the transaction, the director directly owned 11,498 shares in the company, valued at $4,714,180. This trade represents a 14.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 104,000 shares of company stock worth $49,162,500. 1.60% of the stock is owned by corporate insiders.

Sterling Infrastructure Trading Up 0.3%

NASDAQ:STRL opened at $497.18 on Friday. Sterling Infrastructure, Inc. has a 1 year low of $143.20 and a 1 year high of $512.36. The stock has a market cap of $15.25 billion, a P/E ratio of 53.06, a P/E/G ratio of 2.55 and a beta of 1.51. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a 50-day simple moving average of $430.64 and a 200-day simple moving average of $377.35.

Sterling Infrastructure (NASDAQ:STRL – Get Free Report) last issued its earnings results on Wednesday, February 25th. The construction company reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.45. The business had revenue of $755.61 million for the quarter, compared to analyst estimates of $639.41 million. Sterling Infrastructure had a return on equity of 32.82% and a net margin of 11.65%.Sterling Infrastructure has set its FY 2026 guidance at 13.450-14.050 EPS. As a group, analysts anticipate that Sterling Infrastructure, Inc. will post 12.95 earnings per share for the current fiscal year.

Sterling Infrastructure Profile

(Free Report)

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.