MasTec, Inc. $MTZ Stock Position Decreased by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC lessened its holdings in shares of MasTec, Inc. (NYSE:MTZ) by 45.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 14,998 shares of the construction company’s stock after selling 12,280 shares during the quarter. Lisanti Capital Growth LLC’s holdings in MasTec were worth $3,260,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. grew its position in shares of MasTec by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 6,007,192 shares of the construction company’s stock valued at $1,278,391,000 after buying an additional 34,899 shares during the last quarter. AQR Capital Management LLC grew its position in MasTec by 11.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,072,253 shares of the construction company’s stock worth $181,961,000 after purchasing an additional 108,504 shares during the last quarter. First Trust Advisors LP grew 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 last quarter. Victory Capital Management Inc. grew its position in 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 purchasing an additional 936,747 shares during the last quarter. Finally, Merewether Investment Management LP grew its position in MasTec by 59.8% in the 3rd 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. Institutional investors own 78.10% of the company’s stock.

MasTec Trading Down 1.7%

Shares of NYSE:MTZ opened at $382.24 on Friday. The company has a 50 day moving average of $360.61 and a 200-day moving average of $279.78. The firm has a market cap of $30.20 billion, a P/E ratio of 66.94 and a beta of 1.82. MasTec, Inc. has a twelve month low of $148.60 and a twelve month high of $441.43. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69.

MasTec (NYSE:MTZ) last released its earnings results on Thursday, April 30th. The construction company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.41. MasTec had a net margin of 2.94% and a return on equity of 17.15%. The business had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the previous year, the firm earned $0.51 EPS. The business’s revenue for the quarter was up 34.5% on a year-over-year basis. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. As a group, analysts anticipate that MasTec, Inc. will post 8.51 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Javier Alberto Palomarez sold 950 shares of the business’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 sale, the director directly owned 10,592 shares in the company, valued at $3,446,954.56. The trade was a 8.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 completion of the sale, the director owned 17,235 shares in the company, valued at $5,177,394. The trade was a 27.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 10,450 shares of company stock worth $3,512,759 in the last ninety days. 21.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on MTZ shares. Guggenheim upgraded shares of MasTec from a “neutral” rating to a “buy” rating and set a $480.00 target price for the company in a research report on Wednesday, May 13th. DA Davidson upped their target price 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. Citigroup upped their target price on shares of MasTec from $440.00 to $483.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Cantor Fitzgerald upped their target price on shares of MasTec from $347.00 to $545.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. upped their target price on shares of MasTec from $471.00 to $491.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Nineteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $459.28.

MasTec 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.