Inceptionr LLC Has $807,000 Position in MasTec, Inc. $MTZ

Inceptionr LLC lessened its stake in shares of MasTec, Inc. (NYSE:MTZ) by 62.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,790 shares of the construction company’s stock after selling 6,279 shares during the period. Inceptionr LLC’s holdings in MasTec were worth $807,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC acquired a new position in MasTec in the 4th quarter valued at $227,000. NewEdge Advisors LLC lifted its position in MasTec by 32.6% during the 1st quarter. NewEdge Advisors LLC now owns 4,408 shares of the construction company’s stock worth $514,000 after acquiring an additional 1,083 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in MasTec during the second quarter valued at about $271,000. Envestnet Asset Management Inc. boosted its holdings in MasTec by 13.9% during the second quarter. Envestnet Asset Management Inc. now owns 52,105 shares of the construction company’s stock valued at $8,880,000 after acquiring an additional 6,369 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of MasTec in the second quarter valued at about $156,000. 78.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at MasTec

In other news, Director Ernst N. Csiszar sold 6,500 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $300.40, for a total value of $1,952,600.00. Following the sale, the director owned 17,235 shares in the company, valued at approximately $5,177,394. The trade was a 27.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 21.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on MTZ shares. Wolfe Research reissued an “outperform” rating and set a $326.00 price objective on shares of MasTec in a research report on Monday, March 2nd. KeyCorp raised their target price on MasTec from $264.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Truist Financial lifted their price target on MasTec from $270.00 to $356.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. DA Davidson upped their price target on MasTec from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Stifel Nicolaus increased their price objective on MasTec from $240.00 to $267.00 and gave the company a “buy” rating in a research report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $283.79.

MasTec Trading Up 4.3%

Shares of MTZ opened at $297.93 on Tuesday. MasTec, Inc. has a 1 year low of $99.70 and a 1 year high of $310.36. The company has a current ratio of 1.32, a quick ratio of 1.29 and a debt-to-equity ratio of 0.65. The stock has a 50 day simple moving average of $255.16 and a 200-day simple moving average of $222.00. The stock has a market cap of $23.51 billion, a PE ratio of 58.76 and a beta of 1.88.

MasTec (NYSE:MTZ) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $2.07 EPS for the quarter, beating the consensus estimate of $1.94 by $0.13. MasTec had a return on equity of 15.62% and a net margin of 2.79%.The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.71 billion. During the same quarter in the previous year, the firm earned $1.44 EPS. MasTec’s quarterly revenue was up 15.8% on a year-over-year basis. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. On average, sell-side analysts predict that MasTec, Inc. will post 3.44 EPS for the current fiscal year.

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.