MQS Management LLC Invests $308,000 in MasTec, Inc. $MTZ

MQS Management LLC purchased a new position in shares of MasTec, Inc. (NYSE:MTZ) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,805 shares of the construction company’s stock, valued at approximately $308,000.

Other large investors have also modified their holdings of the company. LPL Financial LLC lifted its position in shares of MasTec by 535.1% during the first quarter. LPL Financial LLC now owns 130,314 shares of the construction company’s stock worth $15,209,000 after purchasing an additional 109,794 shares during the last quarter. KBC Group NV lifted its position in shares of MasTec by 10.6% during the first quarter. KBC Group NV now owns 2,773 shares of the construction company’s stock worth $324,000 after purchasing an additional 266 shares during the last quarter. Voya Investment Management LLC lifted its position in shares of MasTec by 33.1% during the first quarter. Voya Investment Management LLC now owns 46,446 shares of the construction company’s stock worth $5,421,000 after purchasing an additional 11,551 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of MasTec by 37.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 16,410 shares of the construction company’s stock worth $1,915,000 after purchasing an additional 4,469 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of MasTec by 43.6% during the first quarter. GAMMA Investing LLC now owns 915 shares of the construction company’s stock worth $107,000 after purchasing an additional 278 shares during the last quarter. Institutional investors own 78.10% of the company’s stock.

Insider Buying and Selling at MasTec

In other MasTec news, EVP Cardenas Alberto De sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $180.69, for a total value of $1,806,900.00. Following the sale, the executive vice president owned 101,349 shares in the company, valued at approximately $18,312,750.81. This trade represents a 8.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director C Robert Campbell sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $210.39, for a total transaction of $420,780.00. Following the completion of the sale, the director owned 33,277 shares in the company, valued at $7,001,148.03. The trade was a 5.67% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,000 shares of company stock worth $4,803,250. 21.30% of the stock is owned by company insiders.

MasTec Price Performance

Shares of NYSE:MTZ opened at $211.61 on Monday. The firm’s 50 day moving average is $195.70 and its two-hundred day moving average is $171.41. MasTec, Inc. has a 52 week low of $99.70 and a 52 week high of $221.83. The firm has a market capitalization of $16.70 billion, a P/E ratio of 62.61 and a beta of 1.82. The company has a current ratio of 1.22, a quick ratio of 1.19 and a debt-to-equity ratio of 0.70.

MasTec (NYSE:MTZ) last announced its quarterly earnings results on Thursday, July 31st. The construction company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.41 by $0.08. MasTec had a net margin of 2.04% and a return on equity of 12.71%. The company had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter last year, the business earned $0.96 earnings per share. MasTec’s revenue was up 19.7% compared to the same quarter last year. MasTec has set its Q3 2025 guidance at 2.280-2.280 EPS. FY 2025 guidance at 6.230-6.440 EPS. Analysts anticipate that MasTec, Inc. will post 3.44 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on MTZ shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MasTec in a research report on Saturday. Citigroup raised their target price on shares of MasTec from $219.00 to $248.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Roth Capital raised their target price on shares of MasTec from $210.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, September 24th. Jefferies Financial Group raised their target price on shares of MasTec from $218.00 to $252.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Finally, TD Cowen raised their target price on shares of MasTec from $175.00 to $195.00 and gave the stock a “buy” rating in a report on Monday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, MasTec currently has an average rating of “Moderate Buy” and an average price target of $220.37.

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.