MasTec (NYSE:MTZ) Director C Robert Campbell Sells 2,000 Shares

MasTec, Inc. (NYSE:MTZ) Director C Robert Campbell sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $210.39, for a total value of $420,780.00. Following the completion of the sale, the director owned 33,277 shares in the company, valued at approximately $7,001,148.03. This represents a 5.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

C Robert Campbell also recently made the following trade(s):

• On Thursday, September 11th, C Robert Campbell sold 3,000 shares of MasTec stock. The stock was sold at an average price of $190.39, for a total value of $571,170.00.

MasTec Stock Performance

MTZ opened at $215.82 on Friday. The stock has a market cap of $17.03 billion, a P/E ratio of 63.85 and a beta of 1.82. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.22 and a quick ratio of 1.19. The stock’s 50 day simple moving average is $187.76 and its 200 day simple moving average is $160.88. MasTec, Inc. has a 1-year low of $99.70 and a 1-year high of $219.09.

MasTec (NYSE:MTZ) last released its quarterly earnings results on Thursday, July 31st. The construction company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.08. The business had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.40 billion. MasTec had a return on equity of 12.71% and a net margin of 2.04%.The company’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.96 EPS. MasTec has set its Q3 2025 guidance at 2.280-2.280 EPS. FY 2025 guidance at 6.230-6.440 EPS. As a group, equities analysts anticipate that MasTec, Inc. will post 3.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. LPL Financial LLC raised its position in shares of MasTec by 535.1% in the 1st quarter. LPL Financial LLC now owns 130,314 shares of the construction company’s stock worth $15,209,000 after buying an additional 109,794 shares during the period. KBC Group NV raised its position in shares of MasTec by 10.6% in the 1st quarter. KBC Group NV now owns 2,773 shares of the construction company’s stock worth $324,000 after buying an additional 266 shares during the period. Voya Investment Management LLC raised its position in shares of MasTec by 33.1% in the 1st quarter. Voya Investment Management LLC now owns 46,446 shares of the construction company’s stock worth $5,421,000 after buying an additional 11,551 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of MasTec by 37.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,410 shares of the construction company’s stock worth $1,915,000 after buying an additional 4,469 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of MasTec by 43.6% in the 1st quarter. GAMMA Investing LLC now owns 915 shares of the construction company’s stock worth $107,000 after buying an additional 278 shares during the period. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Wolfe Research upgraded MasTec from a “peer perform” rating to an “outperform” rating and set a $227.00 price target on the stock in a report on Wednesday, September 17th. Wall Street Zen lowered MasTec from a “strong-buy” rating to a “buy” rating in a research note on Monday. The Goldman Sachs Group upped their target price on MasTec from $195.00 to $227.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. Roth Capital upped their target price on MasTec from $210.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Finally, Barclays reaffirmed an “overweight” rating and issued a $200.00 target price (up previously from $145.00) on shares of MasTec in a research note on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating and eighteen have issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $208.84.

MasTec Company Profile

MasTec, Inc, an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.