MasTec, Inc. $MTZ is Wolf Hill Capital Management LP’s 10th Largest Position

Wolf Hill Capital Management LP raised its holdings in MasTec, Inc. (NYSE:MTZ) by 7.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 187,532 shares of the construction company’s stock after acquiring an additional 12,532 shares during the period. MasTec accounts for about 3.7% of Wolf Hill Capital Management LP’s holdings, making the stock its 10th biggest position. Wolf Hill Capital Management LP owned 0.24% of MasTec worth $39,909,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC acquired a new position in MasTec in the fourth quarter valued at $227,000. NewEdge Advisors LLC boosted its stake in MasTec by 32.6% in the 1st quarter. NewEdge Advisors LLC now owns 4,408 shares of the construction company’s stock worth $514,000 after buying an additional 1,083 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in MasTec in the 2nd quarter valued at about $271,000. Wedbush Securities Inc. purchased a new stake in MasTec in the 2nd quarter valued at about $204,000. Finally, Penserra Capital Management LLC acquired a new position in shares of MasTec during the 2nd quarter valued at about $240,000. Institutional investors and hedge funds own 78.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on MTZ shares. TD Cowen increased their price objective on shares of MasTec from $225.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. DA Davidson upped their price target on shares of MasTec from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Stifel Nicolaus increased their price target on shares of MasTec from $240.00 to $267.00 and gave the stock a “buy” rating in a research note on Tuesday, December 16th. KeyCorp lifted their price target on shares of MasTec from $264.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Finally, Wolfe Research reissued an “outperform” rating and set a $326.00 price objective on shares of MasTec in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.79.

Insider Buying and Selling at MasTec

In related news, Director Ernst N. Csiszar sold 6,500 shares of MasTec stock in a transaction on Tuesday, March 3rd. The shares were 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 in the company, valued at approximately $5,177,394. The trade was a 27.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 21.30% of the company’s stock.

MasTec Trading Down 1.3%

MTZ traded down $3.92 on Friday, reaching $293.03. 250,567 shares of the company’s stock were exchanged, compared to its average volume of 950,362. The company’s 50 day moving average is $260.07 and its 200-day moving average is $223.95. The company has a market cap of $23.12 billion, a price-to-earnings ratio of 57.65 and a beta of 1.89. MasTec, Inc. has a twelve month low of $99.70 and a twelve month high of $310.36. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.29 and a current ratio of 1.32.

MasTec (NYSE:MTZ) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $2.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.13. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The firm had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.71 billion. During the same period in the previous year, the company posted $1.44 earnings per share. MasTec’s revenue was up 15.8% compared to the same quarter last year. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. Equities analysts predict that MasTec, Inc. will post 3.44 earnings per share for the current year.

About MasTec

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.