Key Points
- MasTec director C. Robert Campbell sold 3,000 shares at an average price of $417 on May 4 for a total of $1,251,000, cutting his ownership by 8.92% to 30,646 shares (≈$12.78M).
- MasTec beat Q1 expectations with $1.39 EPS vs. $0.98 expected and $3.83B revenue (up 34.5% YoY), and the company set FY2026 EPS guidance at 8.79 (analysts forecast ~8.39).
- Analyst sentiment is positive—consensus rating "Moderate Buy" with an average target of $422.29 and multiple firms raising targets (e.g., UBS to $453, TD Cowen to $445); market cap ≈$34.3B and P/E ≈76.
MasTec, Inc. (NYSE:MTZ - Get Free Report) Director C Robert Campbell sold 3,000 shares of the firm's 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 transaction, the director directly owned 30,646 shares of the company's stock, valued at approximately $12,779,382. The trade was a 8.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
MasTec Stock Down 0.9%
Shares of NYSE:MTZ opened at $433.72 on Thursday. The firm has a fifty day moving average price of $334.35 and a two-hundred day moving average price of $263.62. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.32 and a quick ratio of 1.28. MasTec, Inc. has a one year low of $143.93 and a one year high of $441.43. The company has a market cap of $34.27 billion, a price-to-earnings ratio of 75.96 and a beta of 1.82.
MasTec (NYSE:MTZ - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same period last year, the firm earned $0.51 EPS. The business'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 8.39 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several brokerages have commented on MTZ. UBS Group raised their price target on shares of MasTec from $420.00 to $453.00 and gave the company a "buy" rating in a report on Friday, May 1st. Barclays raised their price objective on shares of MasTec from $260.00 to $340.00 and gave the company an "overweight" rating in a research report on Tuesday, March 31st. Weiss Ratings restated a "hold (c+)" rating on shares of MasTec in a research report on Friday, March 27th. Wolfe Research restated an "outperform" rating and set a $326.00 price objective on shares of MasTec in a research report on Monday, March 2nd. Finally, TD Cowen raised their price objective on shares of MasTec from $320.00 to $445.00 and gave the company a "buy" rating in a research report on Monday. Seventeen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, MasTec has a consensus rating of "Moderate Buy" and an average target price of $422.29.
Read Our Latest Report on MTZ
Hedge Funds Weigh In On MasTec
Large investors have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC raised its position in MasTec by 344.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company's stock worth $26,000 after purchasing an additional 93 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in MasTec in the 4th quarter worth $30,000. Ascentis Independent Advisors purchased a new position in MasTec in the 1st quarter worth $30,000. Root Financial Partners LLC purchased a new position in MasTec in the 3rd quarter worth $49,000. Finally, CIBC Private Wealth Group LLC raised its position in MasTec by 372.0% in the 4th 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 during the period. Hedge funds and other institutional investors own 78.10% of the company's stock.
MasTec Company Profile
(
Get Free Report)
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.
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