MasTec, Inc. $MTZ Shares Sold by Illinois Municipal Retirement Fund

Posted by Stanley Muller on Jul 18th, 2026

Illinois Municipal Retirement Fund lessened its stake in MasTec, Inc. (NYSE:MTZ – Free Report) by 20.0% in the 1st quarter, Holdings Channel reports. The firm owned 16,521 shares of the construction company’s stock after selling 4,120 shares during the period. Illinois Municipal Retirement Fund’s holdings in MasTec were worth $5,315,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Victory Capital Management Inc. boosted its position in shares of MasTec by 178.6% during the fourth quarter. Victory Capital Management Inc. now owns 2,637,451 shares of the construction company’s stock worth $573,304,000 after buying an additional 1,690,896 shares during the period. Peconic Partners LLC raised its holdings in shares of MasTec by 113.3% in the 4th quarter. Peconic Partners LLC now owns 1,600,000 shares of the construction company’s stock valued at $347,792,000 after buying an additional 850,000 shares during the period. First Trust Advisors LP raised its holdings in shares of MasTec by 28.3% in the 4th quarter. First Trust Advisors LP now owns 1,311,433 shares of the construction company’s stock valued at $285,066,000 after buying an additional 289,258 shares during the period. Geode Capital Management LLC lifted its stake in MasTec by 8.4% during the 4th quarter. Geode Capital Management LLC now owns 1,220,703 shares of the construction company’s stock worth $265,395,000 after acquiring an additional 94,344 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in MasTec by 11.3% during the 2nd quarter. AQR Capital Management LLC now owns 1,072,253 shares of the construction company’s stock valued at $181,961,000 after acquiring an additional 108,504 shares during the period. 78.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MTZ has been the topic of a number of recent research reports. The Goldman Sachs Group boosted their price target on shares of MasTec from $348.00 to $487.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Citigroup raised their price objective on shares of MasTec from $440.00 to $483.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Roth Capital reaffirmed a “buy” rating and set a $450.00 target price on shares of MasTec in a research note on Monday, May 4th. CICC Research initiated coverage on shares of MasTec in a research report on Thursday, May 21st. They issued an “outperform” rating and a $480.00 price target for the company. Finally, Cantor Fitzgerald boosted their price target on shares of MasTec from $545.00 to $581.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Nineteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, MasTec presently has an average rating of “Moderate Buy” and an average price target of $464.78.

View Our Latest Stock Analysis on MasTec

MasTec Price Performance

MTZ stock opened at $329.68 on Friday. The business’s 50-day moving average is $381.05 and its two-hundred day moving average is $326.07. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.32 and a quick ratio of 1.28. The firm has a market capitalization of $26.05 billion, a P/E ratio of 57.74 and a beta of 1.77. MasTec, Inc. has a 1 year low of $160.08 and a 1 year high of $441.43.

MasTec (NYSE:MTZ – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 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 business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the previous year, the company posted $0.51 earnings per share. The business’s revenue for the quarter was up 34.5% on a year-over-year basis. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. Analysts anticipate that MasTec, Inc. will post 9.18 earnings per share for the current fiscal year.

Insider Activity at MasTec

In other news, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $371.17, for a total value of $2,412,605.00. Following the sale, the director directly owned 10,816 shares in the company, valued at approximately $4,014,574.72. This trade represents a 37.54% decrease in their position. 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 3,000 shares of MasTec stock in a transaction on 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. This trade represents a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 21.40% of the company’s stock.

MasTec Company Profile

(Free Report)

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.