Dimensional Fund Advisors LP Has $235.33 Million Stock Holdings in MasTec, Inc. $MTZ

Dimensional Fund Advisors LP decreased its holdings in shares of MasTec, Inc. (NYSE:MTZ) by 16.0% during the 1st quarter, Holdings Channel reports. The firm owned 731,650 shares of the construction company’s stock after selling 139,196 shares during the quarter. Dimensional Fund Advisors LP’s holdings in MasTec were worth $235,328,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Migdal Insurance & Financial Holdings Ltd. acquired a new position in MasTec in the fourth quarter valued at approximately $30,000. Ascentis Independent Advisors bought a new position in shares of MasTec during the 1st quarter worth approximately $30,000. CIBC Private Wealth Group LLC grew its position in shares of MasTec by 372.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 236 shares of the construction company’s stock worth $51,000 after buying an additional 186 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of 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 period. Finally, GHP Investment Advisors Inc. bought a new stake in shares of MasTec in the 1st quarter valued at $65,000. Institutional investors and hedge funds own 78.10% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on MTZ shares. Robert W. Baird boosted their target price on shares of MasTec from $473.00 to $475.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. UBS Group raised their price target on shares of MasTec from $420.00 to $453.00 and gave the stock a “buy” rating in a report on Friday, May 1st. The Goldman Sachs Group lifted their price target on shares of MasTec from $348.00 to $487.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Stifel Nicolaus set a $455.00 price objective on shares of MasTec in a report on Monday, May 4th. Finally, Barclays increased their price objective on shares of MasTec from $260.00 to $340.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 31st. Nineteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $466.89.

MasTec Price Performance

Shares of NYSE:MTZ opened at $359.30 on Friday. 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 twelve month low of $160.08 and a twelve month high of $441.43. The stock’s 50 day moving average is $375.13 and its 200-day moving average is $330.46. The firm has a market capitalization of $28.39 billion, a price-to-earnings ratio of 62.92 and a beta of 1.77.

MasTec (NYSE:MTZ) last issued its earnings results on Thursday, April 30th. The construction company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.41. MasTec had a return on equity of 17.15% and a net margin of 2.94%.The company had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.47 billion. During the same period last year, the business earned $0.51 EPS. MasTec’s quarterly revenue was up 34.5% compared to the same quarter last year. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. Sell-side analysts forecast that MasTec, Inc. will post 9.18 EPS for the current fiscal year.

Insider Buying and Selling at MasTec

In other news, Director Ernst N. Csiszar sold 6,500 shares of MasTec stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $371.17, for a total transaction of $2,412,605.00. Following the completion of the transaction, the director directly owned 10,816 shares in the company, valued at $4,014,574.72. This trade represents a 37.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction of $1,251,000.00. Following the sale, the director directly owned 30,646 shares of the company’s stock, valued at approximately $12,779,382. The trade was a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 21.40% of the company’s stock.

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.