Webs Creek Capital Management LP Acquires Shares of 70,080 MasTec, Inc. $MTZ

Webs Creek Capital Management LP acquired a new stake in shares of MasTec, Inc. (NYSE:MTZ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 70,080 shares of the construction company’s stock, valued at approximately $29,157,485. MasTec comprises about 0.0% of Webs Creek Capital Management LP’s portfolio, making the stock its 12th largest holding. Webs Creek Capital Management LP owned about 0.09% of MasTec as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MTZ. Ascentis Independent Advisors acquired a new stake in MasTec in the 1st quarter worth about $30,000. Bell Investment Advisors Inc purchased a new position in MasTec in the second quarter valued at about $32,000. CIBC Private Wealth Group LLC lifted its stake in MasTec by 372.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 236 shares of the construction company’s stock valued at $51,000 after buying an additional 186 shares during the last quarter. Solstein Capital LLC bought a new stake in MasTec during the second quarter worth approximately $58,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of MasTec by 105.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock valued at $61,000 after purchasing an additional 182 shares during the last quarter. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Insider Buying and Selling

In other MasTec news, Director Ernst N. Csiszar sold 6,500 shares of the business’s 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 completion of the sale, the director owned 10,816 shares of the company’s stock, valued at approximately $4,014,574.72. The trade was a 37.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 21.40% of the company’s stock.

MasTec Stock Performance

NYSE:MTZ traded down $10.17 during midday trading on Friday, reaching $240.96. The stock had a trading volume of 994,069 shares, compared to its average volume of 1,136,398. MasTec, Inc. has a 1-year low of $171.05 and a 1-year high of $441.43. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.40 and a quick ratio of 1.37. The firm’s fifty day simple moving average is $327.72 and its 200-day simple moving average is $337.72. The stock has a market capitalization of $19.35 billion, a P/E ratio of 38.43 and a beta of 1.81.

MasTec (NYSE:MTZ) last issued its quarterly earnings results on Thursday, July 30th. The construction company reported $2.22 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.01). MasTec had a return on equity of 18.08% and a net margin of 3.07%.The business had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same period in the prior year, the business earned $1.49 earnings per share. MasTec’s revenue was up 23.4% compared to the same quarter last year. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. On average, equities research analysts forecast that MasTec, Inc. will post 8.91 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on MTZ. KeyCorp decreased their target price on shares of MasTec from $500.00 to $371.00 and set an “overweight” rating for the company in a research report on Monday, August 3rd. CICC Research started coverage on shares of MasTec in a research report on Thursday, May 21st. They set an “outperform” rating and a $480.00 price target for the company. Wall Street Zen lowered shares of MasTec from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings downgraded MasTec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, August 17th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $493.00 target price on shares of MasTec in a report on Monday, May 4th. Nineteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $427.32.

MasTec 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.