2,517 Shares in MasTec, Inc. $MTZ Bought by BDFS Capital LLC

by · The Markets Daily

BDFS Capital LLC bought a new position in shares of MasTec, Inc. (NYSE:MTZ – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm bought 2,517 shares of the construction company’s stock, valued at approximately $547,000.

Several other institutional investors also recently bought and sold shares of the stock. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of MasTec in the fourth quarter worth about $30,000. CIBC Private Wealth Group LLC raised its stake in shares of MasTec by 372.0% in the 4th 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 in the last quarter. Covestor Ltd lifted its holdings in MasTec by 102.6% in the 4th quarter. Covestor Ltd now owns 314 shares of the construction company’s stock worth $68,000 after purchasing an additional 159 shares during the last quarter. CI Investments Inc. lifted its holdings in MasTec by 39.9% in the 3rd quarter. CI Investments Inc. now owns 319 shares of the construction company’s stock worth $68,000 after purchasing an additional 91 shares during the last quarter. Finally, Harbour Investments Inc. lifted its holdings in MasTec by 671.4% in the 4th quarter. Harbour Investments Inc. now owns 324 shares of the construction company’s stock worth $70,000 after purchasing an additional 282 shares during the last quarter. 78.10% of the stock is currently owned by institutional investors.

Insider Buying and Selling at MasTec

In other MasTec news, Director C Robert Campbell sold 3,000 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $417.00, for a total value of $1,251,000.00. Following the completion of the sale, the director directly owned 30,646 shares of the company’s stock, valued at $12,779,382. This represents a 8.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $371.17, for a total transaction of $2,412,605.00. Following the completion of the sale, the director owned 10,816 shares in the company, valued at $4,014,574.72. This represents a 37.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 10,450 shares of company stock valued at $3,972,764 in the last ninety days. Company insiders own 21.40% of the company’s stock.

MasTec Stock Up 1.4%

Shares of MTZ stock opened at $380.34 on Friday. MasTec, Inc. has a 12 month low of $160.08 and a 12 month high of $441.43. The firm has a market cap of $30.05 billion, a PE ratio of 66.61 and a beta of 1.77. The stock has a 50 day moving average of $381.23 and a 200-day moving average of $303.14. 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 (NYSE:MTZ – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.41. The company 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%.MasTec’s revenue for the quarter was up 34.5% compared to the same quarter last year. During the same period in the prior year, the business 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, Inc. will post 8.51 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MTZ. Stifel Nicolaus set a $455.00 price target on MasTec in a report on Monday, May 4th. UBS Group boosted their price objective on shares of MasTec from $420.00 to $453.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. upped their price objective on shares of MasTec from $471.00 to $491.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Robert W. Baird lifted their target price on shares of MasTec from $348.00 to $473.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Finally, DA Davidson upped their price target on shares of MasTec from $250.00 to $350.00 and gave the company a “buy” rating in a report on Monday, March 2nd. One investment 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 MarketBeat, the company has an average rating of “Buy” and a consensus target price of $459.28.

Get Our Latest Analysis on MTZ

MasTec Profile

(Free Report)

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.

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