MasTec, Inc. $MTZ Holdings Reduced by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its stake in MasTec, Inc. (NYSE:MTZ) by 92.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,031 shares of the construction company’s stock after selling 13,036 shares during the period. Nisa Investment Advisors LLC’s holdings in MasTec were worth $220,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. KRS Capital Management LLC raised its stake in shares of MasTec by 6.7% in the third quarter. KRS Capital Management LLC now owns 5,918 shares of the construction company’s stock valued at $1,264,000 after purchasing an additional 374 shares in the last quarter. Pension & Wealth Management Advisors Inc. bought a new position in MasTec in the third quarter worth $125,000. Community Trust & Investment Co. lifted its position in MasTec by 26.2% in the third quarter. Community Trust & Investment Co. now owns 93,066 shares of the construction company’s stock worth $19,881,000 after purchasing an additional 19,303 shares during the period. Avior Wealth Management LLC boosted its stake in MasTec by 47.8% during the third quarter. Avior Wealth Management LLC now owns 2,164 shares of the construction company’s stock worth $462,000 after buying an additional 700 shares in the last quarter. Finally, Armstrong Advisory Group Inc. boosted its stake in MasTec by 40.7% during the third quarter. Armstrong Advisory Group Inc. now owns 197 shares of the construction company’s stock worth $42,000 after buying an additional 57 shares in the last quarter. Institutional investors own 78.10% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on MTZ shares. Wall Street Zen cut shares of MasTec from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Morgan Stanley set a $369.00 target price on shares of MasTec in a research report on Friday, July 31st. The Goldman Sachs Group reissued a “buy” rating and issued a $274.00 target price on shares of MasTec in a research note on Thursday, October 22nd. Mizuho set a $352.00 price objective on MasTec in a report on Wednesday, October 7th. Finally, Stifel Nicolaus lowered their price objective on MasTec from $376.00 to $305.00 and set a “buy” rating on the stock in a research note on Thursday, October 8th. Nineteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $365.10.

MasTec Price Performance

Shares of MasTec stock opened at $186.03 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.37 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $14.94 billion, a price-to-earnings ratio of 30.40 and a beta of 1.84. MasTec, Inc. has a 1-year low of $164.31 and a 1-year high of $441.43. The firm’s 50-day moving average price is $215.62 and its two-hundred day moving average price is $300.41.

MasTec (NYSE:MTZ) last posted its quarterly earnings data on Thursday, October 29th. The construction company reported $2.96 earnings per share for the quarter, topping the consensus estimate of $2.95 by $0.01. MasTec had a net margin of 2.80% and a return on equity of 18.85%. The company had revenue of $5.15 billion during the quarter, compared to analyst estimates of $4.94 billion. During the same quarter last year, the business posted $2.48 earnings per share. The company’s revenue was up 29.9% on a year-over-year basis. On average, equities analysts predict that MasTec, Inc. will post 8.87 earnings per share for the current fiscal year.

Trending Headlines about MasTec

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Third-quarter revenue reached approximately $5.2 billion, while adjusted EBITDA was $486 million; both increased about 30% year over year and exceeded expectations. EPS of $2.96 also topped the roughly $2.94–$2.95 consensus. MasTec Reports Third Quarter 2026 Results and Updates Full Year 2026 Financial Guidance
• Positive Sentiment: Power Delivery was a key growth driver, and MasTec’s backlog rose approximately 46% year over year to a record $24.5 billion. The backlog supports visibility into future revenue and reinforces demand for the company’s infrastructure services. MasTec Q3 Earnings and Revenues Beat Estimates on Power Delivery Strength
• Neutral Sentiment: The earnings release and management’s earnings call highlighted continued opportunities tied to power infrastructure and data-center-related demand, although project timing remains an important factor for the near-term outlook. MasTec Q3 2026 Earnings Call Transcript
• Negative Sentiment: MasTec reduced its full-year 2026 profit outlook because pipeline delays are postponing expected project activity. That guidance cut limits the benefit of the quarterly beats and may keep investors focused on execution and project-start timing. MasTec Q3 Earnings and Revenues Beat Estimates on Power Delivery Strength

MasTec Profile

MasTec, Inc is an infrastructure construction and engineering company that provides services to the communications, energy, utility, and industrial sectors. The company designs, builds, installs, maintains, and upgrades infrastructure for wireless and wireline communications networks, including cellular, broadband, fiber-optic, and other connectivity systems.

MasTec also performs construction and maintenance work for electric transmission and distribution systems, renewable energy projects, and other power infrastructure.