9,576 Shares in MasTec, Inc. $MTZ Purchased by WCM Investment Management LLC

WCM Investment Management LLC bought a new stake in MasTec, Inc. (NYSE:MTZ) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 9,576 shares of the construction company’s stock, valued at approximately $2,928,000.

Several other institutional investors have also recently bought and sold shares of MTZ. Ascentis Independent Advisors acquired a new position in MasTec during the 1st quarter worth approximately $30,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of MasTec in the fourth quarter valued at approximately $30,000. GHP Investment Advisors Inc. bought a new stake in shares of MasTec in the first quarter worth $65,000. CIBC Private Wealth Group LLC lifted its position in shares of MasTec by 372.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 236 shares of the construction company’s stock worth $51,000 after purchasing an additional 186 shares in the last quarter. Finally, Root Financial Partners LLC boosted its holdings in MasTec by 25.4% during the first quarter. Root Financial Partners LLC now owns 311 shares of the construction company’s stock worth $100,000 after purchasing an additional 63 shares during the last quarter. Institutional investors own 78.10% of the company’s stock.

MasTec Stock Performance

NYSE MTZ opened at $336.54 on Tuesday. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The firm’s fifty day moving average price is $379.38 and its two-hundred day moving average price is $327.61. MasTec, Inc. has a 1 year low of $160.08 and a 1 year high of $441.43. The firm has a market capitalization of $26.59 billion, a P/E ratio of 58.94 and a beta of 1.77.

MasTec (NYSE:MTZ) last announced its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.41. The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.47 billion. MasTec had a net margin of 2.94% and a return on equity of 17.15%. The company’s quarterly revenue was up 34.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 EPS. 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, research analysts anticipate that MasTec, Inc. will post 9.18 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MTZ. UBS Group raised their target price on shares of MasTec from $420.00 to $453.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Mizuho increased their price objective on shares of MasTec from $498.00 to $502.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. Zacks Research cut MasTec from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Citigroup lifted their target price on MasTec from $440.00 to $483.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Finally, Guggenheim upgraded MasTec from a “neutral” rating to a “buy” rating and set a $480.00 target price on the stock in a report on Wednesday, May 13th. Nineteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $464.78.

Insider Activity

In related news, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $371.17, for a total value of $2,412,605.00. Following the completion of the sale, the director directly owned 10,816 shares in the company, valued at approximately $4,014,574.72. This trade represents a 37.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director C Robert Campbell sold 3,000 shares of MasTec stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $417.00, for a total value of $1,251,000.00. Following 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 disclosure for this sale is available in the SEC filing. Company insiders own 21.40% of the company’s stock.

MasTec 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.