Stephens Inc. AR Grows Stock Holdings in MasTec, Inc. $MTZ

Stephens Inc. AR raised its holdings in shares of MasTec, Inc. (NYSE:MTZ) by 22.1% during the first quarter, HoldingsChannel reports. The fund owned 53,472 shares of the construction company’s stock after purchasing an additional 9,679 shares during the quarter. Stephens Inc. AR’s holdings in MasTec were worth $17,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. AdvisorShares Investments LLC purchased a new position in shares of MasTec in the first quarter valued at $252,000. QRG Capital Management Inc. lifted its holdings in MasTec by 43.7% during the 1st quarter. QRG Capital Management Inc. now owns 1,401 shares of the construction company’s stock worth $451,000 after purchasing an additional 426 shares in the last quarter. HB Wealth Management LLC boosted its stake in MasTec by 2.6% in the 1st quarter. HB Wealth Management LLC now owns 3,009 shares of the construction company’s stock worth $968,000 after purchasing an additional 75 shares during the period. Private Advisor Group LLC boosted its stake in MasTec by 4.9% in the 1st quarter. Private Advisor Group LLC now owns 5,557 shares of the construction company’s stock worth $1,788,000 after purchasing an additional 258 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in MasTec by 25.0% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 15,000 shares of the construction company’s stock valued at $4,826,000 after buying an additional 3,000 shares in the last quarter. Hedge funds and other institutional investors own 78.10% of the company’s stock.

MasTec Stock Performance

Shares of MTZ opened at $374.40 on Monday. MasTec, Inc. has a 12-month low of $160.08 and a 12-month high of $441.43. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The company has a market cap of $29.58 billion, a PE ratio of 65.57 and a beta of 1.77. The stock has a 50-day moving average price of $387.98 and a 200-day moving average price of $316.71.

MasTec (NYSE:MTZ) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.41. The company had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.47 billion. MasTec had a net margin of 2.94% and a return on equity of 17.15%. MasTec’s revenue for the quarter was up 34.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 earnings per share. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. As a group, equities analysts forecast that MasTec, Inc. will post 8.5 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $371.17, for a total transaction of $2,412,605.00. Following the sale, the director owned 10,816 shares in the company, valued at approximately $4,014,574.72. This trade represents a 37.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director C Robert Campbell sold 3,000 shares of MasTec stock in a transaction on Monday, May 4th. The stock was sold at an average price of $417.00, for a total transaction of $1,251,000.00. Following the sale, the director directly owned 30,646 shares of the company’s stock, valued at $12,779,382. This represents a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 21.40% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus set a $455.00 price target on MasTec in a research report on Monday, May 4th. Weiss Ratings cut shares of MasTec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. B. Riley Financial reaffirmed a “buy” rating on shares of MasTec in a report on Monday, May 4th. Citigroup increased their target price on shares of MasTec from $440.00 to $483.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, The Goldman Sachs Group raised their price target on shares of MasTec from $348.00 to $487.00 and gave the company a “buy” rating in a report on Monday, May 4th. Nineteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $461.06.

MasTec 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.