Comerica Bank Sells 2,304 Shares of MasTec, Inc. $MTZ

Comerica Bank reduced its stake in MasTec, Inc. (NYSE:MTZ) by 7.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,218 shares of the construction company’s stock after selling 2,304 shares during the period. Comerica Bank’s holdings in MasTec were worth $6,134,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Stratos Wealth Partners LTD. boosted its stake 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 during the period. Versant Capital Management Inc lifted its stake in MasTec by 4.9% during the third quarter. Versant Capital Management Inc now owns 1,092 shares of the construction company’s stock worth $232,000 after purchasing an additional 51 shares during the last quarter. Crestwood Advisors Group LLC lifted its stake in MasTec by 3.1% during the third quarter. Crestwood Advisors Group LLC now owns 1,738 shares of the construction company’s stock worth $370,000 after purchasing an additional 53 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its stake in MasTec by 0.4% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 14,882 shares of the construction company’s stock worth $3,461,000 after purchasing an additional 54 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in MasTec by 1.4% during the third quarter. Integrated Wealth Concepts LLC now owns 4,081 shares of the construction company’s stock worth $868,000 after purchasing an additional 55 shares during the last quarter. 78.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on MTZ shares. UBS Group upped their target price on MasTec from $354.00 to $420.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Zacks Research cut MasTec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Wolfe Research restated an “outperform” rating and set a $326.00 target price on shares of MasTec in a research note on Monday, March 2nd. Cantor Fitzgerald upped their target price on MasTec from $274.00 to $347.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Finally, Jefferies Financial Group upped their target price on MasTec from $271.00 to $348.00 and gave the stock a “buy” rating in a research note on Friday, March 13th. Seventeen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $334.17.

Insiders Place Their Bets

In related news, Director Javier Alberto Palomarez sold 950 shares of the stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $325.43, for a total value of $309,158.50. Following the completion of the sale, the director directly owned 10,592 shares in the company, valued at $3,446,954.56. This represents a 8.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ernst N. Csiszar sold 6,500 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $300.40, for a total value of $1,952,600.00. Following the completion of the sale, the director owned 17,235 shares of the company’s stock, valued at $5,177,394. The trade was a 27.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 21.40% of the stock is currently owned by corporate insiders.

More MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q1 results topped expectations — MasTec reported $1.39 EPS and $3.83B revenue, well above consensus, driven by 34.5% year‑over‑year revenue growth; the beat is the primary catalyst for the stock’s rise. Read More.
• Positive Sentiment: Management raised guidance — MasTec increased FY2026 EPS guidance to 8.79 (above consensus) and provided a Q2 EPS guide of 2.20; revenue guidance was also raised, signaling confidence in continued demand. Read More.
• Positive Sentiment: Broad end‑market strength and execution — Management cited strong customer demand across segments and double‑digit growth in revenue and profitability, supported by the slide deck and CEO commentary. Read More.
• Neutral Sentiment: Analyst and stock‑style coverage highlighted MasTec as a growth name heading into earnings; these thematic takes help frame investor interest but are not new company catalysts. Read More.
• Neutral Sentiment: Market materials available — Investors can review the full press release and slide deck for detail on backlog, segment performance and margin drivers. Read More.
• Negative Sentiment: Valuation and margin considerations — The stock is trading near its one‑year high with a elevated P/E (reflecting high growth expectations); MasTec’s reported net margin (≈2.8%) remains modest, leaving some exposure to margin pressure if volumes or mix shift. Read More.
• Negative Sentiment: Short‑term risk of profit‑taking — Strong moves after earnings and guidance raises can attract short‑term traders and increase volatility; investors should weigh execution risk versus the premium valuation. Read More.

MasTec Stock Up 6.4%

Shares of MTZ opened at $394.18 on Friday. MasTec, Inc. has a 52 week low of $131.68 and a 52 week high of $401.19. The stock has a market capitalization of $31.07 billion, a price-to-earnings ratio of 77.75 and a beta of 1.80. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.29 and a current ratio of 1.32. The stock has a fifty day moving average of $328.15 and a 200-day moving average of $259.59.

MasTec (NYSE:MTZ) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $2.07 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.13. MasTec had a return on equity of 15.62% and a net margin of 2.79%.The company had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.71 billion. During the same period in the prior year, the company earned $1.44 EPS. MasTec’s revenue was up 15.8% compared to the same quarter last year. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. As a group, sell-side analysts anticipate that MasTec, Inc. will post 8.2 earnings per share for the current fiscal year.

MasTec Profile

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.