F m Investments LLC Makes New $292,000 Investment in MasTec, Inc. $MTZ

F m Investments LLC bought a new stake in MasTec, Inc. (NYSE:MTZ) during the fourth quarter, Holdings Channel.com reports. The firm bought 1,342 shares of the construction company’s stock, valued at approximately $292,000.

Other hedge funds have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of MasTec during the 4th quarter worth about $30,000. Root Financial Partners LLC purchased a new position in MasTec during the third quarter worth about $49,000. Northwestern Mutual Wealth Management Co. increased its position in shares of MasTec by 105.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock valued at $61,000 after acquiring an additional 182 shares during the last quarter. CI Investments Inc. raised its stake in shares of MasTec by 39.9% in the 3rd quarter. CI Investments Inc. now owns 319 shares of the construction company’s stock valued at $68,000 after acquiring an additional 91 shares during the period. Finally, Rothschild Investment LLC raised its stake in shares of MasTec by 20.1% in the 3rd quarter. Rothschild Investment LLC now owns 406 shares of the construction company’s stock valued at $86,000 after acquiring an additional 68 shares during the period. 78.10% of the stock is currently owned by hedge funds and other institutional investors.

MasTec Price Performance

MTZ stock opened at $420.25 on Tuesday. The business’s 50-day moving average is $342.02 and its two-hundred day moving average is $268.07. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.32 and a quick ratio of 1.28. The firm has a market capitalization of $33.21 billion, a P/E ratio of 73.60 and a beta of 1.82. MasTec, Inc. has a 1 year low of $145.46 and a 1 year high of $441.43.

MasTec (NYSE:MTZ) last released 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. The firm had revenue of $3.83 billion for 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 business’s quarterly revenue was up 34.5% compared to the same quarter last year. During the same period in the prior year, the firm 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. Analysts anticipate that MasTec, Inc. will post 8.52 earnings per share for the current fiscal year.

Insider Activity

In other news, Director C Robert Campbell sold 3,000 shares of MasTec 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 sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ernst N. Csiszar sold 6,500 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $300.40, for a total transaction of $1,952,600.00. Following the transaction, the director owned 17,235 shares of the company’s stock, valued at approximately $5,177,394. The trade was a 27.39% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 10,450 shares of company stock worth $3,512,759. 21.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group increased their price objective on shares of MasTec from $348.00 to $487.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Citigroup upped their price target on MasTec from $440.00 to $483.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Barclays lifted their price objective on MasTec from $260.00 to $340.00 and gave the company an “overweight” rating in a research note on Tuesday, March 31st. Stifel Nicolaus set a $455.00 target price on MasTec in a report on Monday, May 4th. Finally, Wolfe Research reiterated an “outperform” rating and set a $326.00 price target on shares of MasTec in a research note on Monday, March 2nd. Seventeen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $433.94.

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.