MasTec (NYSE:MTZ) Cut to “Hold” at Zacks Research

MasTec (NYSE:MTZ) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Several other research firms have also commented on MTZ. Citigroup raised their target price on MasTec from $284.00 to $350.00 and gave the stock a “buy” rating in a report on Monday. Mizuho lifted their target price on shares of MasTec from $254.00 to $362.00 and gave the company an “outperform” rating in a report on Monday. KeyCorp increased their price target on shares of MasTec from $264.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday. TD Cowen lifted their price objective on shares of MasTec from $225.00 to $320.00 and gave the company a “buy” rating in a report on Monday. Finally, Stifel Nicolaus upped their price objective on shares of MasTec from $240.00 to $267.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $283.79.

MasTec Trading Down 2.8%

Shares of MasTec stock opened at $295.23 on Wednesday. The stock has a market cap of $23.29 billion, a PE ratio of 58.23 and a beta of 1.89. The firm has a fifty day moving average price of $252.43 and a 200 day moving average price of $219.72. MasTec has a 1 year low of $99.70 and a 1 year high of $310.36. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.32 and a quick ratio of 1.29.

MasTec (NYSE:MTZ) last posted its quarterly earnings results on Thursday, February 26th. The construction company reported $2.07 EPS for the quarter, beating the consensus estimate of $1.94 by $0.13. The company had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.71 billion. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The firm’s revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.44 earnings per share. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. Equities research analysts predict that MasTec will post 3.44 earnings per share for the current year.

Insider Buying and Selling

In other MasTec news, Director Ernst N. Csiszar sold 6,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $300.40, for a total transaction of $1,952,600.00. Following the completion of the sale, the director directly owned 17,235 shares in the company, valued at approximately $5,177,394. The trade was a 27.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 21.30% of the company’s stock.

Hedge Funds Weigh In On MasTec

Hedge funds and other institutional investors have recently modified their holdings of the business. Salomon & Ludwin LLC lifted its stake in MasTec by 344.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company’s stock worth $26,000 after purchasing an additional 93 shares in the last quarter. Caldwell Trust Co purchased a new position in shares of MasTec during the 2nd quarter worth $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of MasTec during the 4th quarter valued at about $30,000. Parkside Financial Bank & Trust increased its position in MasTec by 253.7% during the second quarter. Parkside Financial Bank & Trust now owns 191 shares of the construction company’s stock worth $33,000 after purchasing an additional 137 shares during the last quarter. Finally, Evelyn Partners Asset Management Ltd acquired a new position in MasTec in the 2nd quarter valued at about $43,000. 78.10% of the stock is owned by hedge funds and other institutional investors.

More MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q4 results beat expectations and management highlighted backlog growth and infrastructure expansion, reinforcing the company’s growth narrative and supporting valuation. MasTec Earnings Strengthen Narrative Around Backlog Growth And Infrastructure Expansion
• Positive Sentiment: Several analysts have raised price targets (reports show new targets in the ~$320–$356 range), signaling increased upside expectations from the sell-side. MasTec (NYSE:MTZ) Price Target Raised to $356.00
• Positive Sentiment: D.A. Davidson reiterated a Buy rating on MasTec, providing continued analyst support for the stock. D.A. Davidson Keeps Their Buy Rating on MasTec (MTZ)
• Positive Sentiment: Zacks highlights MTZ as a top-ranked momentum stock, which may attract momentum and quant flows. MasTec (MTZ) is a Top-Ranked Momentum Stock: Should You Buy?
• Neutral Sentiment: Zacks published a post‑earnings analysis weighing buy/hold/sell scenarios; useful context but not a direct catalyst. Should Investors Buy, Hold or Sell MasTec Stock Post Q4 Earnings?
• Negative Sentiment: A company director sold 6,500 shares (~$1.95M), materially reducing his stake; insider selling can be perceived negatively by investors. SEC Filing: Insider Sale by Ernst N. Csiszar
• Negative Sentiment: Reports note profit-taking after the Q4-driven rally — some selling tied to AI/infrastructure demand optimism has pressured the stock in the short term. MasTec (MTZ) Sold After Q4 Rally Linked to AI Infrastructure Demand

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.