MasTec, Inc. $MTZ Holdings Trimmed by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lessened its stake in MasTec, Inc. (NYSE:MTZ) by 92.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,031 shares of the construction company’s stock after selling 13,036 shares during the quarter. Nisa Investment Advisors LLC’s holdings in MasTec were worth $220,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of MTZ. KRS Capital Management LLC raised its position in shares of MasTec by 6.7% during the third quarter. KRS Capital Management LLC now owns 5,918 shares of the construction company’s stock worth $1,264,000 after acquiring an additional 374 shares during the last quarter. Pension & Wealth Management Advisors Inc. bought a new position in MasTec during the 3rd quarter worth approximately $125,000. Community Trust & Investment Co. boosted its position in shares of MasTec by 26.2% during the third quarter. Community Trust & Investment Co. now owns 93,066 shares of the construction company’s stock worth $19,881,000 after purchasing an additional 19,303 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in MasTec by 47.8% during the third quarter. Avior Wealth Management LLC now owns 2,164 shares of the construction company’s stock worth $462,000 after acquiring an additional 700 shares in the last quarter. Finally, Armstrong Advisory Group Inc. grew its position in shares of MasTec by 40.7% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 197 shares of the construction company’s stock valued at $42,000 after purchasing an additional 57 shares during the period. Institutional investors own 78.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on MTZ shares. Zacks Research lowered shares of MasTec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 26th. Wall Street Zen downgraded shares of MasTec from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Citigroup reduced their target price on shares of MasTec from $408.00 to $308.00 and set a “buy” rating for the company in a report on Friday, October 23rd. Piper Sandler decreased their target price on shares of MasTec from $321.00 to $313.00 and set a “neutral” rating for the company in a research report on Monday, September 28th. Finally, Guggenheim raised their target price on shares of MasTec from $480.00 to $518.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Nineteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $365.10.

More MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Third-quarter revenue reached approximately $5.2 billion, while adjusted EBITDA was $486 million; both increased about 30% year over year and exceeded expectations. EPS of $2.96 also topped the roughly $2.94–$2.95 consensus. MasTec Reports Third Quarter 2026 Results and Updates Full Year 2026 Financial Guidance
• Positive Sentiment: Power Delivery was a key growth driver, and MasTec’s backlog rose approximately 46% year over year to a record $24.5 billion. The backlog supports visibility into future revenue and reinforces demand for the company’s infrastructure services. MasTec Q3 Earnings and Revenues Beat Estimates on Power Delivery Strength
• Neutral Sentiment: The earnings release and management’s earnings call highlighted continued opportunities tied to power infrastructure and data-center-related demand, although project timing remains an important factor for the near-term outlook. MasTec Q3 2026 Earnings Call Transcript
• Negative Sentiment: MasTec reduced its full-year 2026 profit outlook because pipeline delays are postponing expected project activity. That guidance cut limits the benefit of the quarterly beats and may keep investors focused on execution and project-start timing. MasTec Q3 Earnings and Revenues Beat Estimates on Power Delivery Strength

MasTec Trading Up 4.6%

Shares of MasTec stock opened at $186.03 on Friday. The stock has a market cap of $14.94 billion, a P/E ratio of 30.40 and a beta of 1.84. The company has a quick ratio of 1.37, a current ratio of 1.40 and a debt-to-equity ratio of 0.71. MasTec, Inc. has a 12-month low of $164.31 and a 12-month high of $441.43. The business’s 50 day moving average is $215.62 and its 200-day moving average is $300.41.

MasTec (NYSE:MTZ) last released its earnings results on Thursday, October 29th. The construction company reported $2.96 earnings per share for the quarter, beating the consensus estimate of $2.95 by $0.01. The business had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $4.94 billion. MasTec had a net margin of 2.80% and a return on equity of 18.85%. The firm’s revenue was up 29.9% on a year-over-year basis. During the same period last year, the business earned $2.48 earnings per share. Equities research analysts predict that MasTec, Inc. will post 8.87 earnings per share for the current fiscal year.

MasTec Company Profile

MasTec, Inc is an infrastructure construction and engineering company that provides services to the communications, energy, utility, and industrial sectors. The company designs, builds, installs, maintains, and upgrades infrastructure for wireless and wireline communications networks, including cellular, broadband, fiber-optic, and other connectivity systems.

MasTec also performs construction and maintenance work for electric transmission and distribution systems, renewable energy projects, and other power infrastructure.