Prevail Innovative Wealth Advisors LLC Decreases Holdings in MasTec, Inc. $MTZ

Prevail Innovative Wealth Advisors LLC lessened its stake in shares of MasTec, Inc. (NYSE:MTZ) by 11.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,590 shares of the construction company’s stock after selling 2,377 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in MasTec were worth $3,824,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in MTZ. Victory Capital Management Inc. increased its stake in shares of MasTec by 9,550.8% in the third quarter. Victory Capital Management Inc. now owns 946,555 shares of the construction company’s stock worth $201,295,000 after purchasing an additional 936,747 shares in the last quarter. 140 Summer Partners LP purchased a new position in shares of MasTec in the third quarter worth about $81,514,000. First Trust Advisors LP increased its stake in shares of MasTec by 52.1% in the third quarter. First Trust Advisors LP now owns 1,022,175 shares of the construction company’s stock worth $217,529,000 after purchasing an additional 350,228 shares in the last quarter. Merewether Investment Management LP increased its stake in shares of MasTec by 59.8% in the third quarter. Merewether Investment Management LP now owns 867,240 shares of the construction company’s stock worth $184,557,000 after purchasing an additional 324,500 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its stake in shares of MasTec by 71.0% in the third quarter. Jacobs Levy Equity Management Inc. now owns 732,886 shares of the construction company’s stock worth $155,965,000 after purchasing an additional 304,358 shares in the last quarter. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on MTZ shares. Weiss Ratings downgraded shares of MasTec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Roth Mkm reiterated a “buy” rating and issued a $450.00 target price on shares of MasTec in a research note on Monday, May 4th. B. Riley Financial reiterated a “buy” rating on shares of MasTec in a research note on Monday, May 4th. CICC Research started coverage on shares of MasTec in a research note on Thursday. They issued an “outperform” rating for the company. Finally, Wall Street Zen upgraded shares of MasTec from a “hold” rating to a “buy” rating in a research note on Sunday, February 22nd. Nineteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, MasTec has a consensus rating of “Moderate Buy” and an average target price of $458.06.

MasTec Price Performance

Shares of NYSE:MTZ opened at $384.18 on Thursday. The company has a 50 day moving average of $357.27 and a 200 day moving average of $277.76. The stock has a market cap of $30.36 billion, a P/E ratio of 67.28 and a beta of 1.82. MasTec, Inc. has a 12 month low of $145.46 and a 12 month high of $441.43. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69.

MasTec (NYSE:MTZ) last announced its earnings results on Thursday, April 30th. The construction company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.41. MasTec had a net margin of 2.94% and a return on equity of 17.15%. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.47 billion. During the same period in the previous year, the business posted $0.51 earnings per share. MasTec’s revenue for the quarter was up 34.5% on a year-over-year basis. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. As a group, sell-side analysts forecast that MasTec, Inc. will post 8.51 EPS for the current fiscal year.

Insiders Place Their Bets

In other MasTec news, Director C Robert Campbell sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $417.00, for a total value of $1,251,000.00. Following the completion of the transaction, the director owned 30,646 shares of the company’s stock, valued at $12,779,382. The trade was a 8.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ernst N. Csiszar sold 6,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $300.40, for a total transaction 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 approximately $5,177,394. This represents a 27.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 10,450 shares of company stock valued at $3,512,759 in the last quarter. Corporate insiders own 21.40% of the company’s stock.

About MasTec

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.