Versor Investments LP Has $872,000 Stock Holdings in MasTec, Inc. $MTZ

Versor Investments LP grew its position in MasTec, Inc. (NYSE:MTZ) by 50.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,013 shares of the construction company’s stock after purchasing an additional 1,346 shares during the period. Versor Investments LP’s holdings in MasTec were worth $872,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MTZ. Brighton Jones LLC purchased a new stake in shares of MasTec in the fourth quarter valued at about $227,000. NewEdge Advisors LLC raised its holdings in shares of MasTec by 32.6% in the first quarter. NewEdge Advisors LLC now owns 4,408 shares of the construction company’s stock valued at $514,000 after purchasing an additional 1,083 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of MasTec in the second quarter valued at about $271,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of MasTec by 105.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock valued at $61,000 after purchasing an additional 182 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of MasTec by 793.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,027 shares of the construction company’s stock valued at $175,000 after purchasing an additional 912 shares during the last quarter. Hedge funds and other institutional investors own 78.10% of the company’s stock.

MasTec Price Performance

MTZ opened at $420.26 on Wednesday. The firm has a market cap of $33.21 billion, a P/E ratio of 73.60 and a beta of 1.82. The firm has a 50-day moving average of $344.47 and a 200 day moving average of $269.65. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.32. MasTec, Inc. has a fifty-two week low of $145.46 and a fifty-two week high of $441.43.

MasTec (NYSE:MTZ) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.41. The company had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.47 billion. MasTec had a net margin of 2.94% and a return on equity of 17.15%. The firm’s revenue for the quarter was up 34.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.51 earnings per share. 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, research analysts expect that MasTec, Inc. will post 8.52 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Mizuho increased their target price on shares of MasTec from $428.00 to $498.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. KeyCorp increased their target price on shares of MasTec from $406.00 to $460.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Cantor Fitzgerald increased their price target on shares of MasTec from $347.00 to $545.00 and gave the company an “overweight” rating in a research report on Monday. Jefferies Financial Group restated a “buy” rating and set a $493.00 price target on shares of MasTec in a research report on Monday, May 4th. Finally, DA Davidson increased their price target on shares of MasTec from $250.00 to $350.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Seventeen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $433.94.

Insiders Place Their Bets

In other MasTec news, Director Ernst N. Csiszar sold 6,500 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were 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 owned 17,235 shares in the company, valued at $5,177,394. This trade represents a 27.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director C Robert Campbell sold 3,000 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $417.00, for a total transaction of $1,251,000.00. Following the transaction, the director owned 30,646 shares of the company’s stock, valued at $12,779,382. This represents a 8.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 10,450 shares of company stock worth $3,512,759 over the last quarter. 21.40% of the stock is currently owned by company insiders.

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.