SCHEDULE: FMR LLC Discloses 6% Stake in Sterling Infrastructure
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have reported a 6.0% beneficial ownership stake in Sterling Infrastructure, Inc. as of June 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson have filed a Schedule 13G, disclosing their beneficial ownership of common stock in Sterling Infrastructure, Inc.
- As of June 30, 2025, FMR LLC and Abigail P. Johnson collectively beneficially own 1,820,637.71 shares of Sterling Infrastructure, Inc. common stock.
- This aggregate amount represents 6.0% of the total outstanding common stock of Sterling Infrastructure, Inc.
- FMR LLC holds sole voting power over 1,818,198.00 shares and sole dispositive power over 1,820,637.71 shares.
- Abigail P. Johnson holds sole dispositive power over 1,820,637.71 shares, with no sole or shared voting power directly attributed to her in this filing.
- FMR LLC is classified as a parent holding company or control person, with several subsidiaries identified as beneficial owners, including FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, and Strategic Advisers LLC.
- Abigail P. Johnson is identified as a Director, Chairman, and Chief Executive Officer of FMR LLC, and a predominant owner of FMR LLC's voting common shares through the Johnson family group.
Sentiment
Score: 5
Explanation: This filing is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the issuer's performance or outlook. It simply reports a significant institutional stake.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure of beneficial ownership by a major institutional investor, FMR LLC (Fidelity), in a publicly traded company, Sterling Infrastructure, Inc. It reflects a significant, but not controlling, stake by a prominent asset manager, which is a common occurrence in the public markets.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Disclosure of Control Structure | The filing details that members of the Johnson family, including Abigail P. Johnson, are the predominant owners of Series B voting common shares of FMR LLC, representing 49% of its voting power. They have a shareholders' voting agreement to vote Series B shares in accordance with the majority, potentially forming a controlling group over FMR LLC. | NA | This clarifies the internal control structure of FMR LLC, the reporting entity, rather than changes to Sterling Infrastructure's corporate governance. It provides transparency on the decision-making authority within the beneficial owner. |
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake in Sterling Infrastructure, Inc., potentially signaling confidence from a major asset manager.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 08/05/2025 | Date the Schedule 13G filing was signed and submitted by FMR LLC and Abigail P. Johnson. |
Keywords
Sterling Infrastructure, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Ownership, Investment Management, Fidelity
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