MasTec (NYSE:MTZ) Given New $453.00 Price Target at UBS Group

02 May 2026, 13:44 by Scott Moore · The Cerbat Gem

MasTec (NYSE:MTZ – Free Report) had its price objective upped by UBS Group from $420.00 to $453.00 in a report released on Friday,Benzinga reports. UBS Group currently has a buy rating on the construction company’s stock.

Several other equities research analysts also recently commented on the company. Truist Financial boosted their price objective on MasTec from $356.00 to $425.00 and gave the company a “buy” rating in a report on Monday, April 20th. JPMorgan Chase & Co. boosted their price objective on MasTec from $346.00 to $386.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Mizuho boosted their price objective on MasTec from $254.00 to $362.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. DA Davidson upped their price target on MasTec from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Citigroup upped their price target on MasTec from $350.00 to $440.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Seventeen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $336.00.

Check Out Our Latest Report on MasTec

MasTec Trading Up 6.0%

MasTec stock traded up $23.60 during trading hours on Friday, hitting $417.65. The stock had a trading volume of 1,950,317 shares, compared to its average volume of 724,360. The company has a quick ratio of 1.29, a current ratio of 1.32 and a debt-to-equity ratio of 0.65. The stock has a market cap of $32.92 billion, a price-to-earnings ratio of 82.38 and a beta of 1.80. MasTec has a one year low of $136.88 and a one year high of $418.13. The business’s 50 day simple moving average is $328.15 and its 200-day simple moving average is $259.59.

MasTec (NYSE:MTZ – Get Free Report) last posted its earnings results on Thursday, April 30th. The construction company reported $1.39 EPS for the quarter, beating the consensus estimate of $0.98 by $0.41. The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.47 billion. MasTec had a return on equity of 17.50% and a net margin of 2.94%.The business’s quarterly revenue was up 34.5% on a year-over-year basis. During the same period last year, the company 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. On average, equities analysts predict that MasTec will post 8.2 EPS for the current fiscal year.

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 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 directly owned 17,235 shares in the company, valued at $5,177,394. This trade represents a 27.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Javier Alberto Palomarez sold 950 shares of MasTec stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $325.43, for a total value of $309,158.50. Following the completion of the sale, the director owned 10,592 shares in the company, valued at approximately $3,446,954.56. This represents a 8.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 21.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On MasTec

A number of large investors have recently made changes to their positions in the business. Brighton Jones LLC purchased a new position in shares of MasTec in the 4th quarter valued at approximately $227,000. NewEdge Advisors LLC lifted its stake in shares of MasTec by 32.6% in the 1st quarter. NewEdge Advisors LLC now owns 4,408 shares of the construction company’s stock valued at $514,000 after purchasing an additional 1,083 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of MasTec in the 2nd quarter valued at approximately $271,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of MasTec by 105.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock valued at $61,000 after purchasing an additional 182 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of MasTec by 793.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,027 shares of the construction company’s stock valued at $175,000 after purchasing an additional 912 shares during the period. 78.10% of the stock is currently owned by institutional investors.

MasTec News Summary

Here are the key news stories impacting MasTec this week:

Positive Sentiment: Q1 results beat expectations — MasTec reported $1.39 EPS vs. consensus ~$0.98 and revenue of $3.83B, ahead of estimates and up ~34.5% year-over-year, signaling accelerating demand. MarketBeat Q1 Summary
Positive Sentiment: Management raised guidance — MasTec boosted FY 2026 EPS guidance to 8.79 (vs. consensus ~8.45) and issued higher revenue guidance (~$17.5B), and set Q2 EPS at 2.20 with revenue ~$4.3B, showing confidence in backlog and demand. Business Wire: Q1 Results & Guidance
Positive Sentiment: Strong execution across end-markets — Management highlighted double-digit revenue and profit growth and strong customer demand across businesses on the earnings call, supporting the guidance raise. Earnings Call Transcript
Neutral Sentiment: Analyst write-ups and snapshots — Coverage from Zacks, Yahoo and local press highlights the beat and upgraded outlook; useful context for estimates and style/valuation checks. Zacks: Key Metrics
Negative Sentiment: Rich valuation creates risk — MTZ trades at a high P/E (market commentary notes elevated multiples after the rally), which could amplify downside if growth or margin progress slips. Yahoo Finance Coverage

About MasTec

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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.