Vanguard Group Inc. Sells 74,438 Shares of MasTec, Inc. $MTZ

Vanguard Group Inc. trimmed its holdings in MasTec, Inc. (NYSE:MTZ) by 1.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,932,754 shares of the construction company’s stock after selling 74,438 shares during the quarter. Vanguard Group Inc. owned approximately 0.08% of MasTec worth $1,289,603,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC lifted its stake in shares of MasTec by 344.4% in the third quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company’s stock valued at $26,000 after buying an additional 93 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of MasTec in the fourth quarter valued at $30,000. Root Financial Partners LLC bought a new position in shares of MasTec in the third quarter valued at $49,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of MasTec by 105.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock valued at $61,000 after buying an additional 182 shares in the last quarter. Finally, CI Investments Inc. lifted its stake in shares of MasTec by 39.9% in the third quarter. CI Investments Inc. now owns 319 shares of the construction company’s stock valued at $68,000 after buying an additional 91 shares in the last quarter. 78.10% of the stock is owned by institutional investors.

Insider Transactions at MasTec

In related news, Director Javier Alberto Palomarez sold 950 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $325.43, for a total transaction of $309,158.50. Following the completion of the sale, the director owned 10,592 shares in the company, valued at approximately $3,446,954.56. This trade represents a 8.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction dated 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 sale, the director owned 17,235 shares of the company’s stock, valued at $5,177,394. This trade represents a 27.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 21.40% of the company’s stock.

MasTec News Roundup

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q1 results beat expectations — MasTec reported $1.39 EPS vs. the Zacks consensus $0.98 and revenue of $3.83B vs. the $3.47B estimate, with revenue up ~34.5% year-over-year. The upside in both top and bottom line is the main near-term catalyst. MasTec (MTZ) Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Management raised guidance — MasTec increased FY‑2026 EPS guidance to 8.79 (above consensus ~8.45) and raised revenue guidance to $17.5B; Q2 EPS/revenue guidance was also ahead of Street views. The guidance lift signals sustained demand across end markets and supports a re-rating. MasTec Reports First Quarter 2026 Results and Increases Full Year 2026 Financial Guidance
• Positive Sentiment: Operational detail and investor materials available — Company press release and slide deck show margin improvement (net margin ~2.8%) and ~15.6% ROE, giving investors more confidence in execution on large backlog and public/private project demand. MasTec Q1 2026 Press Release / Slide Deck
• Neutral Sentiment: Analyst/sector context — Pre- and post-earnings pieces note MasTec as a strong growth name within construction/public-project exposure; investors should weigh growth vs. cyclical risks. Here’s Why MasTec (MTZ) is a Strong Growth Stock
• Neutral Sentiment: Pre-earnings commentary and valuation checks were widely published ahead of results; these framed expectations that the company has now exceeded. What To Expect From MasTec’s (MTZ) Q1 Earnings
• Negative Sentiment: Valuation and premium multiple — Even after the beat, MasTec trades at a elevated P/E vs. historical averages (background P/E ~77.8); some investors may view the stock as richly priced and vulnerable to multiple compression if growth slows. A Look At MasTec (MTZ) Valuation As Q1 2026 Earnings Expectations Run High

MasTec Stock Up 6.4%

MTZ opened at $394.18 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.32 and a quick ratio of 1.29. The company’s 50-day moving average is $328.15 and its 200 day moving average is $259.59. MasTec, Inc. has a fifty-two week low of $131.68 and a fifty-two week high of $401.19. The firm has a market capitalization of $31.07 billion, a P/E ratio of 77.75 and a beta of 1.80.

MasTec (NYSE:MTZ) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.13. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The business had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $3.71 billion. During the same quarter last year, the company posted $1.44 earnings per share. The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. Research analysts expect that MasTec, Inc. will post 8.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MTZ. UBS Group raised their price objective on shares of MasTec from $354.00 to $420.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Mizuho raised their price target on shares of MasTec from $254.00 to $362.00 and gave the company an “outperform” rating in a research report on Monday, March 2nd. Jefferies Financial Group raised their price target on shares of MasTec from $271.00 to $348.00 and gave the company a “buy” rating in a research report on Friday, March 13th. JPMorgan Chase & Co. raised their price target on shares of MasTec from $346.00 to $386.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Finally, Stifel Nicolaus raised their price target on shares of MasTec from $335.00 to $401.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Seventeen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, MasTec has an average rating of “Moderate Buy” and a consensus price target of $334.17.

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.