MasTec, Inc. $MTZ is Hillman Co.’s 4th Largest Position

Hillman Co. raised its holdings in shares of MasTec, Inc. (NYSE:MTZ) by 38.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 144,689 shares of the construction company’s stock after acquiring an additional 40,473 shares during the period. MasTec comprises approximately 10.9% of Hillman Co.’s portfolio, making the stock its 4th biggest holding. Hillman Co.’s holdings in MasTec were worth $31,451,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in MTZ. Victory Capital Management Inc. lifted its holdings in shares of MasTec by 9,550.8% in the 3rd quarter. Victory Capital Management Inc. now owns 946,555 shares of the construction company’s stock worth $201,295,000 after acquiring an additional 936,747 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of MasTec by 370.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 506,857 shares of the construction company’s stock valued at $86,384,000 after purchasing an additional 399,007 shares during the last quarter. 140 Summer Partners LP purchased a new position in MasTec in the 3rd quarter worth $81,514,000. First Trust Advisors LP raised its position in MasTec by 52.1% in the 3rd quarter. First Trust Advisors LP now owns 1,022,175 shares of the construction company’s stock worth $217,529,000 after purchasing an additional 350,228 shares during the period. Finally, Merewether Investment Management LP lifted its stake in MasTec by 59.8% in the third quarter. Merewether Investment Management LP now owns 867,240 shares of the construction company’s stock worth $184,557,000 after purchasing an additional 324,500 shares during the last quarter. 78.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on MTZ. Cantor Fitzgerald upped their price target on shares of MasTec from $274.00 to $347.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Wolfe Research reissued an “outperform” rating and issued a $326.00 target price on shares of MasTec in a research note on Monday, March 2nd. Stifel Nicolaus increased their target price on MasTec from $240.00 to $267.00 and gave the company a “buy” rating in a report on Tuesday, December 16th. DA Davidson raised 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. Finally, KeyCorp lifted their price target on MasTec from $264.00 to $335.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Seventeen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, MasTec currently has an average rating of “Moderate Buy” and a consensus price target of $300.17.

Insider Buying and Selling

In other news, Director Ernst N. Csiszar sold 6,500 shares of the business’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 of the company’s stock, valued at approximately $5,177,394. The trade was a 27.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Javier Alberto Palomarez sold 950 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $325.43, for a total value of $309,158.50. Following the transaction, the director owned 10,592 shares of the company’s stock, valued at approximately $3,446,954.56. This represents a 8.23% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 21.30% of the company’s stock.

MasTec Price Performance

MTZ stock opened at $333.79 on Thursday. The firm’s 50-day moving average price is $282.09 and its two-hundred day moving average price is $236.85. MasTec, Inc. has a 12-month low of $99.70 and a 12-month high of $341.40. The stock has a market capitalization of $26.33 billion, a price-to-earnings ratio of 65.84 and a beta of 1.80. The company has a current ratio of 1.32, a quick ratio of 1.29 and a debt-to-equity ratio of 0.65.

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