Hillman Co. Has $31.45 Million Stake in MasTec, Inc. $MTZ

Hillman Co. boosted its holdings in MasTec, Inc. (NYSE:MTZ) by 38.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,689 shares of the construction company’s stock after buying an additional 40,473 shares during the period. MasTec makes up 10.9% of Hillman Co.’s investment portfolio, making the stock its 4th biggest holding. Hillman Co. owned approximately 0.18% of MasTec worth $31,451,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Salomon & Ludwin LLC grew its position in shares of MasTec by 344.4% in the third quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company’s stock valued at $26,000 after purchasing an additional 93 shares in the last quarter. Caldwell Trust Co purchased a new stake in MasTec during the 2nd quarter worth about $29,000. Princeton Global Asset Management LLC bought a new position in MasTec in the 3rd quarter worth about $43,000. Root Financial Partners LLC bought a new position in MasTec in the 3rd quarter worth about $49,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in MasTec by 105.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock valued at $61,000 after buying an additional 182 shares in the last quarter. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Analyst Upgrades and Downgrades

MTZ has been the topic of a number of recent analyst reports. Barclays increased their price target on shares of MasTec from $260.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday. Robert W. Baird boosted their price objective on shares of MasTec from $249.00 to $348.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. KeyCorp upped their target price on shares of MasTec from $264.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Zacks Research cut shares of MasTec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Finally, Truist Financial boosted their price target on shares of MasTec from $270.00 to $356.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Seventeen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $300.17.

MasTec Stock Up 3.7%

Shares of NYSE MTZ opened at $333.79 on Thursday. 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 business has a 50-day moving average of $282.09 and a 200-day moving average of $236.85. The firm has a market capitalization of $26.33 billion, a price-to-earnings ratio of 65.84 and a beta of 1.80. MasTec, Inc. has a 12 month low of $99.70 and a 12 month high of $341.40.

MasTec (NYSE:MTZ) last announced its earnings results on Thursday, February 26th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.13. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The business had revenue of $3.94 billion during the quarter, compared to analyst estimates of $3.71 billion. During the same period in the previous year, the business posted $1.44 earnings per share. MasTec’s revenue for the quarter 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. Sell-side analysts expect that MasTec, Inc. will post 3.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Javier Alberto Palomarez sold 950 shares of the company’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $325.43, for a total value of $309,158.50. Following the completion of the transaction, the director directly owned 10,592 shares in the company, valued at approximately $3,446,954.56. The trade was a 8.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ernst N. Csiszar sold 6,500 shares of the 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 completion of the transaction, the director directly owned 17,235 shares in the company, valued at approximately $5,177,394. This represents a 27.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 21.30% of the company’s stock.

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.