MasTec (NYSE:MTZ) Stock Rating Lowered by Zacks Research

MasTec (NYSE:MTZ) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other equities analysts have also weighed in on the stock. Cantor Fitzgerald boosted their price target on shares of MasTec from $274.00 to $347.00 and gave the stock an “overweight” rating in a research report on Monday. Robert W. Baird increased their price target on MasTec from $249.00 to $348.00 and gave the company an “outperform” rating in a report on Monday. Barclays boosted their price objective on MasTec from $240.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 23rd. Citigroup raised their target price on MasTec from $284.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday. Finally, KeyCorp lifted their price target on MasTec from $264.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $283.79.

MasTec Price Performance

Shares of MasTec stock traded up $0.16 during mid-day trading on Wednesday, reaching $295.46. 180,892 shares of the stock traded hands, compared to its average volume of 955,090. The stock has a market capitalization of $23.31 billion, a PE ratio of 58.28 and a beta of 1.89. The business has a 50-day moving average of $252.43 and a 200 day moving average of $219.72. MasTec has a fifty-two week low of $99.70 and a fifty-two week high of $310.36. The company has a quick ratio of 1.29, a current ratio of 1.32 and a debt-to-equity ratio of 0.65.

MasTec (NYSE:MTZ) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $2.07 EPS for the quarter, topping the consensus estimate of $1.94 by $0.13. The firm 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 firm’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.44 earnings per share. 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, analysts predict that MasTec will post 3.44 EPS for the current year.

Insider Buying and Selling

In other MasTec news, Director Ernst N. Csiszar sold 6,500 shares of MasTec stock in a transaction dated 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 $5,177,394. The trade was a 27.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 21.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MTZ. Vanguard Group Inc. boosted its holdings in MasTec by 0.6% in the third quarter. Vanguard Group Inc. now owns 6,007,192 shares of the construction company’s stock valued at $1,278,391,000 after purchasing an additional 34,899 shares in the last quarter. Victory Capital Management Inc. raised its stake in MasTec by 178.6% during the 4th quarter. Victory Capital Management Inc. now owns 2,637,451 shares of the construction company’s stock worth $573,304,000 after acquiring an additional 1,690,896 shares in the last quarter. Invesco Ltd. boosted its stake in MasTec by 6.1% in the second quarter. Invesco Ltd. now owns 1,765,049 shares of the construction company’s stock valued at $300,817,000 after acquiring an additional 102,072 shares in the last quarter. Hood River Capital Management LLC grew its holdings in shares of MasTec by 8.9% during the second quarter. Hood River Capital Management LLC now owns 1,692,656 shares of the construction company’s stock worth $288,479,000 after purchasing an additional 138,269 shares during the last quarter. Finally, Peconic Partners LLC increased its position in shares of MasTec by 113.3% during the fourth quarter. Peconic Partners LLC now owns 1,600,000 shares of the construction company’s stock worth $347,792,000 after purchasing an additional 850,000 shares in the last quarter. Institutional investors and hedge funds own 78.10% of the company’s stock.

Key MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Several firms raised price targets on MTZ, lifting upside expectations for the stock; these upgrades follow MasTec’s strong Q4 showing and improved outlook. Price Target Raised to $335.00
• Positive Sentiment: D.A. Davidson reaffirmed/kept a Buy rating on MasTec, signaling continued analyst confidence in growth from infrastructure and energy-related projects. D.A. Davidson Keeps Their Buy Rating on MasTec (MTZ)
• Positive Sentiment: Zacks and other outlets highlighted MasTec as a top-ranked momentum stock after it beat Q4 revenue and EPS estimates and gave FY guidance, reinforcing the narrative of durable demand (including AI/infra-related work). Should Investors Buy, Hold or Sell MasTec Stock Post Q4 Earnings?
• Neutral Sentiment: Market commentators noted profit-taking after MasTec’s Q4 rally — some selling tied to AI-infrastructure optimism may be short-term rotation rather than a change in fundamentals. MasTec (MTZ) Sold After Q4 Rally Linked to AI Infrastructure Demand
• Negative Sentiment: Zacks Research downgraded MasTec from “strong-buy” to “hold,” which can reduce near-term tailwinds from that research house and prompt some selling by Zacks-following investors. Zacks Research Downgrade
• Negative Sentiment: Insider selling: Director Ernst N. Csiszar sold 6,500 shares at an average of $300.40 (≈$1.95M), trimming his stake by ~27%; large director sales often create negative sentiment even if not tied to company outlook. Director Insider Sale Filing

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.