UBS Group AG Sells 33,107 Shares of MasTec, Inc. $MTZ

UBS Group AG reduced its stake in shares of MasTec, Inc. (NYSE:MTZ) by 6.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 451,003 shares of the construction company’s stock after selling 33,107 shares during the period. UBS Group AG’s holdings in MasTec were worth $98,035,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Stratos Wealth Partners LTD. increased its holdings in MasTec by 1.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 2,927 shares of the construction company’s stock worth $636,000 after purchasing an additional 43 shares in the last quarter. Versant Capital Management Inc increased its holdings in MasTec by 4.9% during the 3rd quarter. Versant Capital Management Inc now owns 1,092 shares of the construction company’s stock worth $232,000 after purchasing an additional 51 shares in the last quarter. Crestwood Advisors Group LLC increased its holdings in MasTec by 3.1% during the 3rd quarter. Crestwood Advisors Group LLC now owns 1,738 shares of the construction company’s stock worth $370,000 after purchasing an additional 53 shares in the last quarter. NorthCrest Asset Manangement LLC increased its holdings in MasTec by 0.4% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 14,882 shares of the construction company’s stock worth $3,461,000 after purchasing an additional 54 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in MasTec by 1.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 4,081 shares of the construction company’s stock worth $868,000 after purchasing an additional 55 shares in the last quarter. 78.10% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Javier Alberto Palomarez sold 950 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $325.43, for a total value of $309,158.50. Following the transaction, the director owned 10,592 shares in the company, valued at approximately $3,446,954.56. This represents a 8.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ernst N. Csiszar sold 6,500 shares of the company’s stock in a transaction that occurred 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 owned 17,235 shares in the company, valued at approximately $5,177,394. The trade was a 27.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 21.40% of the stock is owned by insiders.

MasTec Price Performance

Shares of NYSE MTZ opened at $417.65 on Friday. MasTec, Inc. has a twelve month low of $136.88 and a twelve month high of $418.13. The stock’s 50 day moving average price is $328.15 and its 200-day moving average price is $259.98. The company has a market capitalization of $32.92 billion, a PE ratio of 73.14 and a beta of 1.82. The company has a quick ratio of 1.29, a current ratio of 1.32 and a debt-to-equity ratio of 0.65.

MasTec (NYSE:MTZ) last announced its earnings results on Thursday, April 30th. The construction company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.41. MasTec had a return on equity of 17.50% and a net margin of 2.94%.The firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter in the previous year, the business earned $0.51 EPS. The company’s 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. On average, equities analysts anticipate that MasTec, Inc. will post 8.2 EPS for the current year.

Key MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q1 results beat expectations — MasTec reported $1.39 EPS vs. consensus ~$0.98 and revenue of $3.83B, ahead of estimates and up ~34.5% year-over-year, signaling accelerating demand. MarketBeat Q1 Summary
• Positive Sentiment: Management raised guidance — MasTec boosted FY 2026 EPS guidance to 8.79 (vs. consensus ~8.45) and issued higher revenue guidance (~$17.5B), and set Q2 EPS at 2.20 with revenue ~$4.3B, showing confidence in backlog and demand. Business Wire: Q1 Results & Guidance
• Positive Sentiment: Strong execution across end-markets — Management highlighted double-digit revenue and profit growth and strong customer demand across businesses on the earnings call, supporting the guidance raise. Earnings Call Transcript
• Neutral Sentiment: Analyst write-ups and snapshots — Coverage from Zacks, Yahoo and local press highlights the beat and upgraded outlook; useful context for estimates and style/valuation checks. Zacks: Key Metrics
• Negative Sentiment: Rich valuation creates risk — MTZ trades at a high P/E (market commentary notes elevated multiples after the rally), which could amplify downside if growth or margin progress slips. Yahoo Finance Coverage

Analysts Set New Price Targets

MTZ has been the subject of a number of recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of MasTec in a report on Friday, March 27th. Barclays boosted their price objective on MasTec from $260.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday, March 31st. Citigroup boosted their price objective on MasTec from $350.00 to $440.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Wolfe Research reissued an “outperform” rating and set a $326.00 price objective on shares of MasTec in a report on Monday, March 2nd. Finally, Stifel Nicolaus boosted their target price on MasTec from $335.00 to $401.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Seventeen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $336.00.

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.