Hel Ved Capital Management Ltd Takes Position in MasTec, Inc. $MTZ

Hel Ved Capital Management Ltd acquired a new stake in MasTec, Inc. (NYSE:MTZ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 24,225 shares of the construction company’s stock, valued at approximately $5,266,000. MasTec comprises 1.4% of Hel Ved Capital Management Ltd’s portfolio, making the stock its 20th biggest position.

Other hedge funds have also made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of MasTec in the 4th quarter valued at about $30,000. CIBC Private Wealth Group LLC increased its holdings in shares of MasTec by 372.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 236 shares of the construction company’s stock valued at $51,000 after acquiring an additional 186 shares during the last quarter. Covestor Ltd increased its holdings in shares of MasTec by 102.6% in the 4th quarter. Covestor Ltd now owns 314 shares of the construction company’s stock valued at $68,000 after acquiring an additional 159 shares during the last quarter. CI Investments Inc. increased its holdings in shares of MasTec by 39.9% in the 3rd quarter. CI Investments Inc. now owns 319 shares of the construction company’s stock valued at $68,000 after acquiring an additional 91 shares during the last quarter. Finally, Harbour Investments Inc. increased its holdings in shares of MasTec by 671.4% in the 4th quarter. Harbour Investments Inc. now owns 324 shares of the construction company’s stock valued at $70,000 after acquiring an additional 282 shares during the last quarter. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Insider Buying and Selling at MasTec

In other MasTec news, Director Javier Alberto Palomarez sold 950 shares of MasTec stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $325.43, for a total value of $309,158.50. Following the transaction, the director directly owned 10,592 shares in the company, valued at approximately $3,446,954.56. This trade represents a 8.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ernst N. Csiszar sold 6,500 shares of MasTec stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $371.17, for a total value of $2,412,605.00. Following the completion of the transaction, the director owned 10,816 shares in the company, valued at $4,014,574.72. This trade represents a 37.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 10,450 shares of company stock worth $3,972,764. 21.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on MTZ shares. B. Riley Financial restated a “buy” rating on shares of MasTec in a research note on Monday, May 4th. Citigroup raised their price target on MasTec from $440.00 to $483.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. CICC Research started coverage on MasTec in a research note on Thursday, May 21st. They set an “outperform” rating and a $480.00 price target on the stock. Weiss Ratings upgraded MasTec from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday. Finally, UBS Group raised their price target on MasTec from $420.00 to $453.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, MasTec currently has an average rating of “Buy” and an average target price of $459.28.

MasTec Trading Up 1.2%

NYSE:MTZ opened at $362.63 on Friday. The stock’s 50 day moving average price is $378.24 and its 200 day moving average price is $297.85. The company has a market capitalization of $28.66 billion, a PE ratio of 63.51 and a beta of 1.77. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.69. MasTec, Inc. has a 52-week low of $159.77 and a 52-week high of $441.43.

MasTec (NYSE:MTZ) last announced its earnings results on Thursday, April 30th. The construction company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.41. MasTec had a return on equity of 17.15% and a net margin of 2.94%.The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same period last year, the business posted $0.51 EPS. The company’s revenue was up 34.5% on a year-over-year basis. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. On average, research analysts anticipate that MasTec, Inc. will post 8.51 EPS for the current year.

About MasTec

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.