Trivium Point Advisory LLC Takes Position in MasTec, Inc. $MTZ

Trivium Point Advisory LLC bought a new position in MasTec, Inc. (NYSE:MTZ) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 19,825 shares of the construction company’s stock, valued at approximately $8,248,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Ascentis Independent Advisors purchased a new stake in shares of MasTec in the first quarter valued at approximately $30,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in MasTec in the fourth quarter worth $30,000. GHP Investment Advisors Inc. acquired a new stake in MasTec in the first quarter valued at $65,000. Harbor Investment Advisory LLC lifted its holdings in MasTec by 486.1% in the second quarter. Harbor Investment Advisory LLC now owns 211 shares of the construction company’s stock valued at $88,000 after acquiring an additional 175 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its holdings in MasTec by 372.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 236 shares of the construction company’s stock valued at $51,000 after acquiring an additional 186 shares during the period. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Analyst Ratings Changes

MTZ has been the topic of several recent analyst reports. Weiss Ratings upgraded shares of MasTec from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. CICC Research started coverage on shares of MasTec in a research report on Thursday, May 21st. They set an “outperform” rating and a $480.00 price target for the company. KeyCorp decreased their price target on MasTec from $500.00 to $371.00 and set an “overweight” rating on the stock in a research note on Monday, August 3rd. Roth Capital restated a “buy” rating and issued a $450.00 price target on shares of MasTec in a report on Monday, May 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $493.00 price objective on shares of MasTec in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, MasTec currently has an average rating of “Buy” and an average price target of $427.32.

Insider Buying and Selling

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 sale, the director directly owned 10,816 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 21.40% of the stock is owned by company insiders.

MasTec Stock Performance

NYSE MTZ opened at $297.79 on Monday. The company has a quick ratio of 1.37, a current ratio of 1.40 and a debt-to-equity ratio of 0.71. MasTec, Inc. has a fifty-two week low of $167.66 and a fifty-two week high of $441.43. The business has a fifty day moving average of $345.18 and a 200-day moving average of $336.43. The stock has a market cap of $23.92 billion, a price-to-earnings ratio of 47.50 and a beta of 1.82.

MasTec (NYSE:MTZ) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $2.22 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.01). The firm had revenue of $4.37 billion during the quarter, compared to analyst estimates of $4.30 billion. MasTec had a net margin of 3.07% and a return on equity of 18.08%. The business’s quarterly revenue was up 23.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.49 EPS. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. As a group, analysts predict that MasTec, Inc. will post 8.91 earnings per share for the current fiscal year.

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.