Aventail Capital Group LP Takes $22.29 Million Position in MasTec, Inc. $MTZ

Aventail Capital Group LP acquired a new stake in MasTec, Inc. (NYSE:MTZ) in the 3rd quarter, Holdings Channel reports. The fund acquired 104,731 shares of the construction company’s stock, valued at approximately $22,288,000.

A number of other institutional investors also recently bought and sold shares of the stock. Victory Capital Management Inc. increased its stake in MasTec by 9,550.8% during the 3rd quarter. Victory Capital Management Inc. now owns 946,555 shares of the construction company’s stock valued at $201,295,000 after purchasing an additional 936,747 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of MasTec by 370.0% in the second quarter. Qube Research & Technologies Ltd now owns 506,857 shares of the construction company’s stock worth $86,384,000 after buying an additional 399,007 shares during the last quarter. 140 Summer Partners LP acquired a new stake in shares of MasTec during the third quarter worth $81,514,000. First Trust Advisors LP grew its holdings in shares of MasTec by 52.1% during the third quarter. First Trust Advisors LP now owns 1,022,175 shares of the construction company’s stock valued at $217,529,000 after buying an additional 350,228 shares during the last quarter. Finally, Merewether Investment Management LP grew its holdings in shares of MasTec by 59.8% during the third 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 during the last quarter. 78.10% of the stock is currently owned by institutional investors and hedge funds.

MasTec Trading Down 2.4%

NYSE MTZ opened at $289.69 on Friday. MasTec, Inc. has a 1 year low of $99.70 and a 1 year high of $310.36. 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 has a market capitalization of $22.85 billion, a PE ratio of 57.14 and a beta of 1.89. The company has a fifty day moving average of $261.32 and a 200 day moving average of $225.02.

MasTec (NYSE:MTZ) last issued its quarterly earnings data on Thursday, February 26th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.13. The business had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.71 billion. MasTec had a return on equity of 15.62% and a net margin of 2.79%.The company’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.44 EPS. 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 forecast that MasTec, Inc. will post 3.44 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Truist Financial upped their target price on MasTec from $270.00 to $356.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Mizuho boosted their price target on MasTec from $254.00 to $362.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. Citigroup increased their price objective on MasTec from $284.00 to $350.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Zacks Research cut MasTec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MasTec in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $288.84.

Insider Transactions at MasTec

In other MasTec news, Director Ernst N. Csiszar sold 6,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $300.40, for a total value of $1,952,600.00. Following the completion of the transaction, the director directly owned 17,235 shares of the company’s stock, valued at approximately $5,177,394. The trade was a 27.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 21.30% of the company’s stock.

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.