Kirr Marbach & Co. LLC IN Has $51.54 Million Holdings in MasTec, Inc. $MTZ

Kirr Marbach & Co. LLC IN lessened its holdings in shares of MasTec, Inc. (NYSE:MTZ) by 4.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 160,197 shares of the construction company’s stock after selling 7,359 shares during the quarter. MasTec accounts for about 9.4% of Kirr Marbach & Co. LLC IN’s portfolio, making the stock its largest position. Kirr Marbach & Co. LLC IN’s holdings in MasTec were worth $51,542,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of MTZ. Aigen Investment Management LP lifted its stake in shares of MasTec by 3.8% during the 4th quarter. Aigen Investment Management LP now owns 1,041 shares of the construction company’s stock worth $226,000 after acquiring an additional 38 shares during the last quarter. Stratos Wealth Partners LTD. grew its position in MasTec by 1.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 2,927 shares of the construction company’s stock valued at $636,000 after acquiring an additional 43 shares during the last quarter. Motley Fool Asset Management LLC increased its stake in MasTec by 3.7% in the fourth quarter. Motley Fool Asset Management LLC now owns 1,311 shares of the construction company’s stock worth $285,000 after purchasing an additional 47 shares during the period. Williamson Legacy Group LLC increased its stake in MasTec by 0.9% in the fourth quarter. Williamson Legacy Group LLC now owns 5,961 shares of the construction company’s stock worth $1,296,000 after purchasing an additional 52 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its stake in MasTec by 5.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 943 shares of the construction company’s stock worth $205,000 after purchasing an additional 52 shares during the period. Institutional investors own 78.10% of the company’s stock.

MasTec Stock Performance

Shares of NYSE:MTZ opened at $389.98 on Wednesday. The firm has a 50 day moving average of $383.42 and a 200 day moving average of $306.90. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $30.82 billion, a price-to-earnings ratio of 68.30 and a beta of 1.77. MasTec, Inc. has a 52 week low of $160.08 and a 52 week high of $441.43.

MasTec (NYSE:MTZ) last announced its earnings results on Thursday, April 30th. The construction company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $3.47 billion. During the same quarter last year, the firm earned $0.51 EPS. 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. On average, sell-side analysts predict that MasTec, Inc. will post 8.51 earnings per share for the current fiscal year.

Insider Transactions at MasTec

In related news, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $371.17, for a total transaction of $2,412,605.00. Following 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director C Robert Campbell sold 3,000 shares of MasTec 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 disclosure for this sale is available in the SEC filing. 21.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

MTZ has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. boosted their target price on shares of MasTec from $471.00 to $491.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Roth Mkm reaffirmed a “buy” rating and issued a $450.00 price target on shares of MasTec in a research note on Monday, May 4th. Cantor Fitzgerald lifted their price objective on shares of MasTec from $347.00 to $545.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Jefferies Financial Group reiterated a “buy” rating and set a $493.00 price objective on shares of MasTec in a report on Monday, May 4th. Finally, The Goldman Sachs Group boosted their price objective on shares of MasTec from $348.00 to $487.00 and gave the company a “buy” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, MasTec presently has an average rating of “Buy” and a consensus target price of $459.28.

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.