Stephens Inc. AR Grows Stock Holdings in MasTec, Inc. $MTZ

Stephens Inc. AR increased its stake in shares of MasTec, Inc. (NYSE:MTZ) by 74.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,793 shares of the construction company’s stock after purchasing an additional 18,719 shares during the period. Stephens Inc. AR’s holdings in MasTec were worth $9,519,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MTZ. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in MasTec during the fourth quarter valued at approximately $30,000. Root Financial Partners LLC purchased a new stake in MasTec during the third quarter valued at approximately $49,000. Northwestern Mutual Wealth Management Co. increased its holdings in MasTec by 105.2% during the second 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 during the last quarter. CI Investments Inc. increased its holdings in MasTec by 39.9% during the third quarter. CI Investments Inc. now owns 319 shares of the construction company’s stock valued at $68,000 after buying an additional 91 shares during the last quarter. Finally, Rothschild Investment LLC increased its holdings in MasTec by 20.1% during the third quarter. Rothschild Investment LLC now owns 406 shares of the construction company’s stock valued at $86,000 after buying an additional 68 shares during the last quarter. 78.10% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Javier Alberto Palomarez sold 950 shares of the 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 sale, the director owned 10,592 shares of the company’s stock, valued at approximately $3,446,954.56. This represents a 8.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director C Robert Campbell sold 3,000 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $417.00, for a total transaction of $1,251,000.00. Following the completion of the sale, the director directly owned 30,646 shares in the company, valued at approximately $12,779,382. This represents a 8.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 10,450 shares of company stock valued at $3,512,759. 21.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

MTZ has been the subject of a number of research reports. B. Riley Financial reaffirmed a “buy” rating on shares of MasTec in a report on Monday, May 4th. UBS Group upped their target price on shares of MasTec from $420.00 to $453.00 and gave the company a “buy” rating in a report on Friday, May 1st. DA Davidson upped their target price on shares of MasTec from $250.00 to $350.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Weiss Ratings lowered shares of MasTec from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $326.00 price target on shares of MasTec in a research report on Monday, March 2nd. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, MasTec presently has a consensus rating of “Moderate Buy” and a consensus target price of $458.06.

MasTec Price Performance

MTZ stock opened at $414.47 on Friday. MasTec, Inc. has a 52 week low of $145.46 and a 52 week high of $441.43. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.69. The company has a fifty day simple moving average of $351.75 and a two-hundred day simple moving average of $273.76. The firm has a market capitalization of $32.75 billion, a P/E ratio of 72.59 and a beta of 1.82.

MasTec (NYSE:MTZ) last released its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 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 quarter last year, the business earned $0.51 earnings per share. MasTec’s quarterly revenue was up 34.5% compared to the same quarter last year. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. Analysts anticipate that MasTec, Inc. will post 8.51 earnings per share for the current fiscal year.

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.