MasTec (NYSE:MTZ) Upgraded by Zacks Research to Strong-Buy Rating

Posted by Francis Steltz on Jul 30th, 2026

MasTec (NYSE:MTZ – Get Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. Cantor Fitzgerald upped their price objective on shares of MasTec from $545.00 to $581.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. TD Cowen lifted their target price on shares of MasTec from $445.00 to $470.00 and gave the company a “buy” rating in a report on Monday, July 13th. Jefferies Financial Group reiterated a “buy” rating and set a $493.00 price target on shares of MasTec in a research note on Monday, May 4th. Robert W. Baird increased their price target on shares of MasTec from $473.00 to $475.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. Finally, JPMorgan Chase & Co. raised their price objective on shares of MasTec from $471.00 to $491.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $466.89.

View Our Latest Research Report on MasTec

MasTec Price Performance

MasTec stock opened at $287.00 on Tuesday. MasTec has a 12 month low of $160.08 and a 12 month high of $441.43. 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 business has a 50 day simple moving average of $369.21 and a 200-day simple moving average of $332.92. The stock has a market capitalization of $22.68 billion, a PE ratio of 50.26 and a beta of 1.77.

MasTec (NYSE:MTZ – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.41. MasTec had a net margin of 2.94% and a return on equity of 17.15%. The firm had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.47 billion. During the same period last year, the firm posted $0.51 EPS. MasTec’s quarterly revenue was up 34.5% on a year-over-year basis. Equities analysts predict that MasTec will post 9.18 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director C Robert Campbell sold 3,000 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $417.00, for a total value of $1,251,000.00. Following the completion of the transaction, the director owned 30,646 shares in the company, valued at $12,779,382. This trade represents a 8.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $371.17, for a total transaction of $2,412,605.00. Following the completion of the sale, the director owned 10,816 shares of the company’s stock, valued at $4,014,574.72. This trade represents a 37.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 21.40% of the company’s stock.

Hedge Funds Weigh In On MasTec

Hedge funds have recently bought and sold shares of the company. Earned Wealth Advisors LLC boosted its position in MasTec by 2.8% during the first quarter. Earned Wealth Advisors LLC now owns 1,013 shares of the construction company’s stock worth $326,000 after purchasing an additional 28 shares in the last quarter. Aigen Investment Management LP increased its position in shares of MasTec by 3.8% in the fourth quarter. Aigen Investment Management LP now owns 1,041 shares of the construction company’s stock valued at $226,000 after buying an additional 38 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in shares of MasTec by 1.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 2,927 shares of the construction company’s stock valued at $636,000 after buying an additional 43 shares in the last quarter. Everhart Financial Group Inc. raised its stake in shares of MasTec by 5.4% during the 2nd quarter. Everhart Financial Group Inc. now owns 874 shares of the construction company’s stock worth $364,000 after buying an additional 45 shares during the last quarter. Finally, Motley Fool Asset Management LLC raised its stake in shares of MasTec by 3.7% during the 4th quarter. Motley Fool Asset Management LLC now owns 1,311 shares of the construction company’s stock worth $285,000 after buying an additional 47 shares during the last quarter. 78.10% of the stock is owned by hedge funds and other institutional investors.

MasTec Company Profile

(Get 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.