MasTec (NYSE:MTZ) Stock Price Expected to Rise, Mizuho Analyst Says

MasTec (NYSE:MTZ) had its price target boosted by research analysts at Mizuho from $498.00 to $502.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the construction company’s stock. Mizuho’s price objective indicates a potential upside of 39.69% from the company’s previous close.

Other equities analysts have also issued reports about the company. B. Riley Financial restated a “buy” rating on shares of MasTec in a report on Monday, May 4th. Stifel Nicolaus set a $455.00 price target on MasTec in a research note on Monday, May 4th. Guggenheim raised MasTec from a “neutral” rating to a “buy” rating and set a $480.00 price objective on the stock in a research note on Wednesday, May 13th. Robert W. Baird boosted their target price on MasTec from $348.00 to $473.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Finally, KeyCorp upped their target price on MasTec from $460.00 to $500.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Nineteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, MasTec currently has a consensus rating of “Moderate Buy” and an average target price of $461.28.

MasTec Price Performance

Shares of MTZ opened at $359.37 on Wednesday. The firm has a market cap of $28.40 billion, a PE ratio of 62.94 and a beta of 1.77. The firm’s 50 day moving average price is $387.61 and its 200 day moving average price is $318.92. 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 has a twelve month low of $160.08 and a twelve month high of $441.43.

MasTec (NYSE:MTZ) last posted its earnings results on Thursday, April 30th. The construction company reported $1.39 EPS for the quarter, topping the consensus estimate of $0.98 by $0.41. MasTec had a net margin of 2.94% and a return on equity of 17.15%. The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the previous year, the firm posted $0.51 earnings per share. The company’s revenue for the quarter was up 34.5% compared to the same quarter last year. 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, research analysts expect that MasTec will post 8.5 EPS for the current fiscal year.

Insider Transactions at MasTec

In related news, Director Ernst N. Csiszar sold 6,500 shares of MasTec stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $371.17, for a total transaction of $2,412,605.00. Following the sale, the director directly owned 10,816 shares of the company’s stock, valued at $4,014,574.72. This trade represents a 37.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director C Robert Campbell sold 3,000 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $417.00, for a total value of $1,251,000.00. Following the transaction, the director owned 30,646 shares in the company, 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 currently owned by corporate insiders.

Institutional Trading of MasTec

A number of institutional investors and hedge funds have recently modified their holdings of MTZ. Victory Capital Management Inc. boosted its holdings in MasTec by 178.6% during the fourth quarter. Victory Capital Management Inc. now owns 2,637,451 shares of the construction company’s stock valued at $573,304,000 after purchasing an additional 1,690,896 shares in the last quarter. Peconic Partners LLC raised its holdings in shares of MasTec by 113.3% in the 4th quarter. Peconic Partners LLC now owns 1,600,000 shares of the construction company’s stock worth $347,792,000 after buying an additional 850,000 shares in the last quarter. Coatue Management LLC bought a new position in shares of MasTec during the 4th quarter worth approximately $147,357,000. 140 Summer Partners LP bought a new position in shares of MasTec during the 3rd quarter worth approximately $81,514,000. Finally, Merewether Investment Management LP boosted its stake in MasTec by 59.8% in the 3rd quarter. Merewether Investment Management LP now owns 867,240 shares of the construction company’s stock valued at $184,557,000 after buying an additional 324,500 shares in the last quarter. 78.10% of the stock is currently owned by institutional investors.

MasTec Company 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.