Fairvoy Private Wealth LLC Acquires New Position in MasTec, Inc. $MTZ

Fairvoy Private Wealth LLC bought a new position in shares of MasTec, Inc. (NYSE:MTZ) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,043 shares of the construction company’s stock, valued at approximately $657,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aigen Investment Management LP lifted its stake in shares of MasTec by 3.8% during the 4th quarter. Aigen Investment Management LP now owns 1,041 shares of the construction company’s stock worth $226,000 after purchasing an additional 38 shares during the period. Stratos Wealth Partners LTD. boosted its holdings in shares of MasTec by 1.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 2,927 shares of the construction company’s stock worth $636,000 after purchasing an additional 43 shares during the last quarter. Motley Fool Asset Management LLC grew its position in shares of MasTec by 3.7% in the fourth quarter. Motley Fool Asset Management LLC now owns 1,311 shares of the construction company’s stock valued at $285,000 after purchasing an additional 47 shares during the period. Williamson Legacy Group LLC increased its stake in MasTec by 0.9% in the fourth quarter. Williamson Legacy Group LLC now owns 5,961 shares of the construction company’s stock valued at $1,296,000 after purchasing an additional 52 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in MasTec by 5.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 943 shares of the construction company’s stock valued at $205,000 after purchasing an additional 52 shares during the last quarter. 78.10% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at MasTec

In related news, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director owned 10,816 shares in the company, valued at approximately $4,014,574.72. This trade represents a 37.54% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 that occurred 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 transaction, the director directly owned 30,646 shares in the company, valued at approximately $12,779,382. This trade represents a 8.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 21.40% of the company’s stock.

MasTec Price Performance

MTZ stock opened at $403.49 on Friday. The company has a market cap of $31.88 billion, a PE ratio of 70.66 and a beta of 1.77. 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 stock has a 50-day moving average price of $384.68 and a two-hundred day moving average price of $309.41. MasTec, Inc. has a 12-month low of $160.08 and a 12-month high of $441.43.

MasTec (NYSE:MTZ) last released its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.41. The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.47 billion. MasTec had a return on equity of 17.15% and a net margin of 2.94%.The company’s quarterly revenue was up 34.5% compared to the same quarter last year. During the same period last year, the business 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 predict that MasTec, Inc. will post 8.5 EPS for the current year.

Analyst Ratings Changes

MTZ has been the topic of a number of research analyst reports. DA Davidson raised their price target on MasTec from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Robert W. Baird increased their price objective on shares of MasTec from $348.00 to $473.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Guggenheim raised shares of MasTec from a “neutral” rating to a “buy” rating and set a $480.00 target price on the stock in a research report on Wednesday, May 13th. Wolfe Research restated an “outperform” rating and issued a $326.00 target price on shares of MasTec in a report on Monday, March 2nd. Finally, Roth Mkm reaffirmed a “buy” rating and set a $450.00 price target on shares of MasTec in a research report on Monday, May 4th. One investment 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’s stock. According to data from MarketBeat, MasTec currently has an average rating of “Buy” and an average target price of $459.28.

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.