MasTec, Inc. $MTZ Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its position in MasTec, Inc. (NYSE:MTZ) by 44.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 211,695 shares of the construction company’s stock after selling 169,315 shares during the period. JPMorgan Chase & Co. owned 0.27% of MasTec worth $45,051,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTZ. Qube Research & Technologies Ltd lifted its holdings in MasTec by 370.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 506,857 shares of the construction company’s stock worth $86,384,000 after buying an additional 399,007 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in shares of MasTec in the 3rd quarter valued at approximately $50,904,000. Vanguard Group Inc. increased its holdings in shares of MasTec by 4.1% in the 2nd quarter. Vanguard Group Inc. now owns 5,972,293 shares of the construction company’s stock valued at $1,017,858,000 after acquiring an additional 234,594 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of MasTec by 42.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 555,486 shares of the construction company’s stock valued at $94,672,000 after acquiring an additional 164,722 shares in the last quarter. Finally, Hood River Capital Management LLC lifted its stake in MasTec by 8.9% during the second quarter. Hood River Capital Management LLC now owns 1,692,656 shares of the construction company’s stock worth $288,479,000 after purchasing an additional 138,269 shares during the last quarter. 78.10% of the stock is owned by institutional investors.

MasTec Price Performance

Shares of MTZ opened at $290.00 on Friday. MasTec, Inc. has a one year low of $99.70 and a one year high of $291.70. The stock’s fifty day moving average is $244.67 and its 200-day moving average is $215.54. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.30 and a current ratio of 1.33. The firm has a market capitalization of $22.88 billion, a price-to-earnings ratio of 68.88 and a beta of 1.94.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Mizuho set a $254.00 target price on shares of MasTec in a research note on Monday, November 3rd. Citigroup boosted their price objective on shares of MasTec from $248.00 to $284.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Stifel Nicolaus raised their target price on shares of MasTec from $240.00 to $267.00 and gave the stock a “buy” rating in a report on Tuesday, December 16th. Zacks Research upgraded MasTec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of MasTec in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $238.16.

Key MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q4 earnings beat consensus — MasTec reported $2.07 EPS vs. a $1.94 Zacks consensus, reflecting y/y profit improvement and better-than-expected execution across segments. MasTec (MTZ) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Upside to full‑year 2026 outlook — MasTec raised its FY2026 EPS guidance to $8.40 (vs. ~$8.02 consensus) and issued revenue guidance near $17.0B (above $15.4B consensus), signaling stronger full‑year demand and margin confidence. MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 Guidance
• Positive Sentiment: Reduced short interest — Short interest fell ~12.9% in February to ~2.46M shares (about 4.0% of float), which lowers near‑term short pressure and can support upside momentum.
• Neutral Sentiment: Sector tailwind from AI/data‑center buildout — Analysts are highlighting MasTec among construction firms poised to benefit from large AI-driven data center capex, a multi-year growth driver but dependent on execution and contract timing. Buy 5 Construction Stocks Set to Soar on AI-Powered Data Center Boom
• Neutral Sentiment: Company press release details — MasTec’s release confirmed stronger revenue growth and provided segment commentary (net margin ~2.41%, ROE ~14.41%), which supports the headline beat but offers no new material surprises beyond guidance. View Press Release
• Negative Sentiment: Mixed near‑term guidance — Q1 2026 guidance was below Street expectations (EPS $1.00 vs. ~$1.42 consensus; revenue ~$3.5B vs. ~$3.7B consensus), introducing near‑term earnings risk and a reason for potential pullbacks if investors focus on quarterly softness. MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 Guidance

MasTec Company Profile

MasTec, Inc is a diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets. Its principal activities encompass the development of communications networks, oil and gas pipeline systems, electrical transmission and distribution facilities, industrial installations and renewable energy projects.

The company traces its roots to a small cable installation operation in Miami and has grown through a series of strategic acquisitions to become one of the largest infrastructure contractors in North America.