Dymon Asia Capital Singapore PTE. LTD. Increases Stock Holdings in MasTec, Inc. $MTZ

Dymon Asia Capital Singapore PTE. LTD. increased its holdings in shares of MasTec, Inc. (NYSE:MTZ) by 838.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 14,931 shares of the construction company’s stock after purchasing an additional 13,340 shares during the period. MasTec comprises 0.3% of Dymon Asia Capital Singapore PTE. LTD.’s holdings, making the stock its 29th largest holding. Dymon Asia Capital Singapore PTE. LTD.’s holdings in MasTec were worth $3,246,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MTZ. Brighton Jones LLC purchased a new position in MasTec during the 4th quarter worth $227,000. NewEdge Advisors LLC grew its stake in MasTec by 32.6% during 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 position in MasTec during the 2nd quarter worth $271,000. Northwestern Mutual Wealth Management Co. grew its stake in MasTec by 105.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock worth $61,000 after buying an additional 182 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in MasTec by 793.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,027 shares of the construction company’s stock worth $175,000 after acquiring an additional 912 shares during the period. 78.10% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MTZ has been the subject of a number of research reports. DA Davidson lifted their price target on MasTec from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Cantor Fitzgerald lifted their price target on MasTec from $347.00 to $545.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Truist Financial lifted their price target on MasTec from $425.00 to $518.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Wolfe Research reaffirmed an “outperform” rating and set a $326.00 price target on shares of MasTec in a research report on Monday, March 2nd. Finally, Guggenheim raised MasTec from a “neutral” rating to a “buy” rating and set a $480.00 price target for the company in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $459.28.

MasTec Stock Performance

Shares of MTZ stock opened at $362.63 on Friday. The stock has a market cap of $28.65 billion, a PE ratio of 63.51 and a beta of 1.77. The business has a 50-day simple moving average of $378.24 and a 200-day simple moving average of $297.85. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.69. MasTec, Inc. has a 52-week low of $159.77 and a 52-week high of $441.43.

MasTec (NYSE:MTZ) last issued its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.41. The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.47 billion. MasTec had a return on equity of 17.15% and a net margin of 2.94%.The company’s revenue for the quarter was up 34.5% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, equities analysts expect that MasTec, Inc. will post 8.51 EPS for the current year.

Insider Activity

In other news, Director C Robert Campbell sold 3,000 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $417.00, for a total value of $1,251,000.00. Following the completion of the transaction, the director owned 30,646 shares of the company’s stock, valued at $12,779,382. The trade was a 8.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Javier Alberto Palomarez sold 950 shares of the business’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $325.43, for a total value of $309,158.50. Following the completion of the transaction, the director directly owned 10,592 shares of the company’s stock, valued at approximately $3,446,954.56. This trade represents a 8.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 10,450 shares of company stock valued at $3,972,764 in the last quarter. 21.40% of the stock is currently owned by company insiders.

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.