MasTec (NYSE:MTZ) Director C Robert Campbell Sells 3,000 Shares

MasTec, Inc. (NYSE:MTZ) Director C Robert Campbell sold 3,000 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $417.00, for a total transaction of $1,251,000.00. Following the completion of the sale, the director owned 30,646 shares of the company’s stock, valued at approximately $12,779,382. This trade represents a 8.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

MasTec Trading Down 0.9%

NYSE:MTZ opened at $433.72 on Thursday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.32. The firm has a market cap of $34.27 billion, a price-to-earnings ratio of 75.96 and a beta of 1.82. MasTec, Inc. has a 52 week low of $143.93 and a 52 week high of $441.43. The firm has a 50-day moving average price of $334.35 and a two-hundred day moving average price of $263.62.

MasTec (NYSE:MTZ) last released its earnings results on Thursday, April 30th. The construction company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.41. MasTec had a net margin of 2.94% and a return on equity of 17.15%. The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the prior year, the firm earned $0.51 EPS. The company’s revenue 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. On average, equities analysts expect that MasTec, Inc. will post 8.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MTZ has been the subject of a number of research reports. B. Riley Financial reissued a “buy” rating on shares of MasTec in a research report on Monday. The Goldman Sachs Group increased their target price on shares of MasTec from $348.00 to $487.00 and gave the company a “buy” rating in a research report on Monday. UBS Group increased their target price on shares of MasTec from $420.00 to $453.00 and gave the company a “buy” rating in a research report on Friday, May 1st. TD Cowen increased their target price on shares of MasTec from $320.00 to $445.00 and gave the company a “buy” rating in a research report on Monday. Finally, JPMorgan Chase & Co. increased their target price 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. Seventeen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $422.29.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Aigen Investment Management LP boosted its holdings in MasTec by 3.8% in the 4th quarter. Aigen Investment Management LP now owns 1,041 shares of the construction company’s stock worth $226,000 after buying an additional 38 shares during the period. Stratos Wealth Partners LTD. boosted its holdings in MasTec by 1.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 2,927 shares of the construction company’s stock worth $636,000 after buying an additional 43 shares during the period. Motley Fool Asset Management LLC boosted its holdings in MasTec by 3.7% in the 4th quarter. Motley Fool Asset Management LLC now owns 1,311 shares of the construction company’s stock worth $285,000 after buying an additional 47 shares during the period. Versant Capital Management Inc boosted its holdings in MasTec by 4.9% in the 3rd quarter. Versant Capital Management Inc now owns 1,092 shares of the construction company’s stock worth $232,000 after buying an additional 51 shares during the period. Finally, Williamson Legacy Group LLC boosted its holdings in MasTec by 0.9% in the 4th quarter. Williamson Legacy Group LLC now owns 5,961 shares of the construction company’s stock worth $1,296,000 after buying an additional 52 shares during the period. 78.10% of the stock is 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.