Lido Advisors LLC Has $475,000 Position in MasTec, Inc. $MTZ

Lido Advisors LLC lessened its stake in shares of MasTec, Inc. (NYSE:MTZ) by 54.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,475 shares of the construction company’s stock after selling 1,787 shares during the quarter. Lido Advisors LLC’s holdings in MasTec were worth $475,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MTZ. State of Wyoming lifted its stake in shares of MasTec by 41.7% in the first quarter. State of Wyoming now owns 1,776 shares of the construction company’s stock valued at $571,000 after buying an additional 523 shares in the last quarter. Cetera Investment Advisers grew its holdings in MasTec by 10.8% during the first quarter. Cetera Investment Advisers now owns 20,273 shares of the construction company’s stock valued at $6,523,000 after purchasing an additional 1,983 shares during the period. CI Investments Inc. increased its stake in shares of MasTec by 149.5% in the first quarter. CI Investments Inc. now owns 22,202 shares of the construction company’s stock worth $7,143,000 after purchasing an additional 13,302 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of MasTec by 7.6% during the 1st quarter. First Trust Advisors LP now owns 1,411,584 shares of the construction company’s stock valued at $454,163,000 after buying an additional 100,151 shares in the last quarter. Finally, Chase Investment Counsel Corp lifted its position in shares of MasTec by 6.4% during the first quarter. Chase Investment Counsel Corp now owns 31,684 shares of the construction company’s stock worth $10,194,000 after acquiring an additional 1,906 shares in the last quarter. 78.10% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on MTZ shares. Jefferies Financial Group reiterated a “buy” rating and set a $493.00 price target on shares of MasTec in a research report on Monday, May 4th. KeyCorp lifted their price target on MasTec from $460.00 to $500.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Guggenheim boosted their price objective on shares of MasTec from $480.00 to $518.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. UBS Group boosted their price target on shares of MasTec from $420.00 to $453.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Stifel Nicolaus set a $455.00 price target on shares of MasTec in a research report on Monday, May 4th. One investment 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 company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $466.89.

MasTec Price Performance

Shares of MTZ stock opened at $324.88 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.32. MasTec, Inc. has a fifty-two week low of $160.08 and a fifty-two week high of $441.43. The firm has a market cap of $25.67 billion, a P/E ratio of 56.90 and a beta of 1.77. The business’s 50 day moving average price is $367.93 and its 200-day moving average price is $333.67.

MasTec (NYSE:MTZ) last posted its earnings results on Thursday, July 30th. The construction company reported $2.22 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.01). The company had revenue of $4.37 billion during the quarter, compared to analysts’ expectations of $4.30 billion. MasTec had a return on equity of 17.15% and a net margin of 2.94%.The company’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.49 earnings per share. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. On average, equities research analysts anticipate that MasTec, Inc. will post 9.18 earnings per share for the current year.

Trending Headlines about MasTec

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Raised outlook above estimates: MasTec projected full-year 2026 adjusted EPS of $9.30 and revenue of $18.2 billion, above consensus estimates of $8.77 and $17.5 billion. Third-quarter guidance of $2.98 EPS and $4.9 billion in revenue also topped estimates of $2.74 and $4.7 billion. MasTec Reports Second Quarter 2026 Results and Updates Full Year 2026 Financial Guidance
• Positive Sentiment: Strong quarterly growth: Second-quarter revenue reached $4.37 billion, up 23.4% year over year and ahead of the $4.30 billion estimate. Adjusted EBITDA margin expanded by 100 basis points, while management cited broad-based growth, improved execution and backlog development. EPS rose to $2.22 from $1.49 a year earlier and beat the Zacks consensus of $2.19. MasTec Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Analyst sentiment improved: Zacks Research upgraded MasTec from “Hold” to “Strong Buy,” adding to the positive reaction to the earnings release.
• Neutral Sentiment: Board addition: Alex Spiro, a legal and corporate-governance adviser to major companies, joined MasTec’s board. The appointment may support governance and strategic oversight but is not expected to materially affect near-term results. MasTec Announces the Appointment of Alex Spiro to Its Board of Directors
• Negative Sentiment: Minor EPS shortfall versus one estimate: MasTec’s $2.22 quarterly EPS was narrowly below the broader consensus estimate of $2.23, and the company’s low 2.94% net margin and elevated valuation could limit upside if execution or growth slows.

Insider Transactions at MasTec

In other MasTec news, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction dated 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 completion of the sale, the director directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director C Robert Campbell sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were 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 trade represents a 8.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 21.40% of the stock is currently owned by corporate insiders.

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.