Lido Advisors LLC Sells 1,787 Shares of MasTec, Inc. $MTZ

Lido Advisors LLC cut its holdings in shares of MasTec, Inc. (NYSE:MTZ) by 54.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,475 shares of the construction company’s stock after selling 1,787 shares during the quarter. Lido Advisors LLC’s holdings in MasTec were worth $475,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Migdal Insurance & Financial Holdings Ltd. bought a new position in MasTec during the 4th quarter worth $30,000. Ascentis Independent Advisors bought a new stake in shares of MasTec during the 1st quarter valued at $30,000. CIBC Private Wealth Group LLC lifted 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 valued at $51,000 after acquiring an additional 186 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings 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 purchasing an additional 182 shares in the last quarter. Finally, GHP Investment Advisors Inc. acquired a new stake in shares of MasTec during the 1st quarter worth $65,000. 78.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at MasTec

In related news, Director C Robert Campbell sold 3,000 shares of MasTec stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $417.00, for a total value of $1,251,000.00. Following the transaction, the director directly owned 30,646 shares of the company’s stock, valued at $12,779,382. The trade was a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ernst N. Csiszar sold 6,500 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 10,816 shares in the company, valued at $4,014,574.72. This trade represents a 37.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 21.40% of the stock is currently owned by company insiders.

MasTec Trading Up 13.0%

Shares of MasTec stock opened at $324.88 on Friday. The firm has a market capitalization of $25.67 billion, a PE ratio of 56.90 and a beta of 1.77. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The firm’s 50 day moving average is $367.93 and its 200 day moving average is $333.67. MasTec, Inc. has a 1 year low of $160.08 and a 1 year high of $441.43.

MasTec (NYSE:MTZ) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $2.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.01). The company had revenue of $4.37 billion for the quarter, compared to analyst estimates of $4.30 billion. MasTec had a return on equity of 17.15% and a net margin of 2.94%.The firm’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter last year, the company posted $1.49 earnings per share. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. Equities research analysts forecast that MasTec, Inc. will post 9.18 earnings per share for the current fiscal year.

Trending Headlines about MasTec

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Raised outlook above estimates: MasTec projected full-year 2026 adjusted EPS of $9.30 and revenue of $18.2 billion, above consensus estimates of $8.77 and $17.5 billion. Third-quarter guidance of $2.98 EPS and $4.9 billion in revenue also topped estimates of $2.74 and $4.7 billion. MasTec Reports Second Quarter 2026 Results and Updates Full Year 2026 Financial Guidance
• Positive Sentiment: Strong quarterly growth: Second-quarter revenue reached $4.37 billion, up 23.4% year over year and ahead of the $4.30 billion estimate. Adjusted EBITDA margin expanded by 100 basis points, while management cited broad-based growth, improved execution and backlog development. EPS rose to $2.22 from $1.49 a year earlier and beat the Zacks consensus of $2.19. MasTec Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Analyst sentiment improved: Zacks Research upgraded MasTec from “Hold” to “Strong Buy,” adding to the positive reaction to the earnings release.
• Neutral Sentiment: Board addition: Alex Spiro, a legal and corporate-governance adviser to major companies, joined MasTec’s board. The appointment may support governance and strategic oversight but is not expected to materially affect near-term results. MasTec Announces the Appointment of Alex Spiro to Its Board of Directors
• Negative Sentiment: Minor EPS shortfall versus one estimate: MasTec’s $2.22 quarterly EPS was narrowly below the broader consensus estimate of $2.23, and the company’s low 2.94% net margin and elevated valuation could limit upside if execution or growth slows.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Cantor Fitzgerald boosted their price target on MasTec from $545.00 to $581.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Citigroup raised their target price on shares of MasTec from $440.00 to $483.00 and gave the company a “buy” rating in a report on Monday, May 4th. CICC Research assumed coverage on shares of MasTec in a research report on Thursday, May 21st. They issued an “outperform” rating and a $480.00 target price for the company. Truist Financial upped their price target on shares of MasTec from $518.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Finally, Weiss Ratings cut shares of MasTec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $466.89.

About MasTec

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.