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Sterling Construction Completes Acquisition of CEC Facilities Group

Story Highlights
  • Sterling Infrastructure completed its acquisition of CEC Facilities Group.
  • The acquisition enhances Sterling’s E-Infrastructure capabilities and aligns with its growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sterling Construction Completes Acquisition of CEC Facilities Group

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Sterling Construction ( (STRL) ) has shared an announcement.

On September 1, 2025, Sterling Infrastructure completed its acquisition of CEC Facilities Group, a specialty electrical and mechanical contractor based in Irving, Texas. This acquisition is expected to significantly enhance Sterling’s E-Infrastructure capabilities, with CEC projected to contribute $130 to $138 million in revenue and $17 to $18 million in adjusted EBITDA for the remainder of 2025. The move aligns with Sterling’s growth strategy, aiming to deliver more efficient project solutions and drive industry innovation.

The most recent analyst rating on (STRL) stock is a Buy with a $326.00 price target. To see the full list of analyst forecasts on Sterling Construction stock, see the STRL Stock Forecast page.

Spark’s Take on STRL Stock

According to Spark, TipRanks’ AI Analyst, STRL is a Outperform.

Sterling Construction’s strong financial performance and positive earnings call are the most significant factors driving the high score. The company’s strategic acquisitions and board expansions further support its growth potential. However, the high P/E ratio and lack of dividend yield slightly temper the overall score.

To see Spark’s full report on STRL stock, click here.

More about Sterling Construction

Sterling Infrastructure, Inc. operates through subsidiaries across three segments: E-Infrastructure, Transportation, and Building Solutions in the United States. The company focuses on advanced site development and electrical services for data centers and other facilities, infrastructure projects for transportation, and concrete and plumbing services for residential and commercial buildings. Sterling is committed to sustainability and improving quality of life through responsible operations.

Average Trading Volume: 517,307

Technical Sentiment Signal: Buy

Current Market Cap: $8.47B

See more insights into STRL stock on TipRanks’ Stock Analysis page.

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