1,957 Shares in MasTec, Inc. $MTZ Purchased by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in MasTec, Inc. (NYSE:MTZ) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,957 shares of the construction company’s stock, valued at approximately $814,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NewEdge Wealth LLC purchased a new stake in MasTec in the 2nd quarter valued at about $344,000. Bruni J V & Co. Co. purchased a new position in shares of MasTec in the 2nd quarter worth approximately $6,708,968,000. Great Lakes Advisors LLC bought a new position in shares of MasTec in the second quarter valued at approximately $7,630,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of MasTec in the second quarter valued at approximately $409,000. Finally, Danske Bank A S purchased a new stake in shares of MasTec during the second quarter valued at approximately $24,530,000. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Jefferies Financial Group reiterated a “buy” rating and set a $493.00 price target on shares of MasTec in a report on Monday, May 4th. Stifel Nicolaus set a $455.00 target price on shares of MasTec in a research report on Monday, May 4th. Wall Street Zen cut MasTec from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Cantor Fitzgerald upped their target price on shares of MasTec from $545.00 to $581.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Finally, Zacks Research upgraded MasTec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $427.32.

Insider Transactions at MasTec

In other MasTec news, Director Ernst N. Csiszar sold 6,500 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $371.17, for a total transaction of $2,412,605.00. Following the completion of the sale, the director directly owned 10,816 shares in the company, valued at $4,014,574.72. This represents a 37.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 21.40% of the stock is currently owned by insiders.

MasTec Stock Up 0.2%

Shares of MTZ opened at $266.89 on Monday. MasTec, Inc. has a 1 year low of $171.05 and a 1 year high of $441.43. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.40 and a quick ratio of 1.37. The stock has a 50 day simple moving average of $337.60 and a two-hundred day simple moving average of $337.62. The firm has a market cap of $21.43 billion, a P/E ratio of 42.57 and a beta of 1.82.

MasTec (NYSE:MTZ) last announced its quarterly earnings data on Thursday, July 30th. The construction company reported $2.22 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.01). MasTec had a return on equity of 18.08% and a net margin of 3.07%.The business had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter in the previous year, the firm posted $1.49 earnings per share. The company’s revenue was up 23.4% compared to the same quarter last year. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. On average, analysts forecast that MasTec, Inc. will post 8.91 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.