Vanguard Personalized Indexing Management LLC Has $995,000 Stake in MasTec, Inc. $MTZ

Vanguard Personalized Indexing Management LLC boosted its stake in MasTec, Inc. (NYSE:MTZ) by 15.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,837 shares of the construction company’s stock after purchasing an additional 760 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in MasTec were worth $995,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MTZ. Brighton Jones LLC acquired a new stake in MasTec in the fourth quarter valued at $227,000. GAMMA Investing LLC increased its holdings in MasTec by 43.6% in the first quarter. GAMMA Investing LLC now owns 915 shares of the construction company’s stock valued at $107,000 after purchasing an additional 278 shares during the period. State of Alaska Department of Revenue increased its holdings in MasTec by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 7,213 shares of the construction company’s stock valued at $841,000 after purchasing an additional 190 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in MasTec by 37.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 16,410 shares of the construction company’s stock valued at $1,915,000 after purchasing an additional 4,469 shares during the period. Finally, Ausbil Investment Management Ltd increased its holdings in MasTec by 27.2% in the first quarter. Ausbil Investment Management Ltd now owns 5,246 shares of the construction company’s stock valued at $612,000 after purchasing an additional 1,123 shares during the period. 78.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at MasTec

In other news, Director C Robert Campbell sold 3,000 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $190.39, for a total transaction of $571,170.00. Following the transaction, the director owned 35,277 shares of the company’s stock, valued at $6,716,388.03. This represents a 7.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Robert E. Apple sold 10,000 shares of the stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $200.44, for a total transaction of $2,004,400.00. Following the transaction, the chief operating officer directly owned 184,249 shares in the company, valued at $36,930,869.56. This trade represents a 5.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock valued at $4,803,250 in the last 90 days. 21.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

MTZ has been the subject of a number of recent research reports. TD Cowen increased their price objective on MasTec from $175.00 to $195.00 and gave the company a “buy” rating in a report on Monday, August 4th. DA Davidson set a $210.00 price target on shares of MasTec and gave the company a “buy” rating in a research report on Monday, August 4th. Zacks Research cut shares of MasTec from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 3rd. Mizuho assumed coverage on shares of MasTec in a research report on Thursday, September 4th. They set an “outperform” rating and a $215.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of MasTec in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, MasTec presently has a consensus rating of “Moderate Buy” and a consensus price target of $216.63.

MasTec Price Performance

MTZ stock opened at $202.01 on Monday. The stock has a market capitalization of $15.94 billion, a PE ratio of 59.77 and a beta of 1.82. The company’s 50-day moving average is $193.19 and its 200-day moving average is $168.06. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.22 and a quick ratio of 1.19. MasTec, Inc. has a 1 year low of $99.70 and a 1 year high of $221.83.

MasTec (NYSE:MTZ) last released its quarterly earnings data on Thursday, July 31st. The construction company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.08. The company had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.40 billion. MasTec had a net margin of 2.04% and a return on equity of 12.71%. The business’s revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 EPS. MasTec has set its Q3 2025 guidance at 2.280-2.280 EPS. FY 2025 guidance at 6.230-6.440 EPS. Equities research analysts expect that MasTec, Inc. will post 3.44 EPS for the current fiscal year.

MasTec Profile

MasTec, Inc, an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.