Riposte Capital LLC Increases Stake in MasTec, Inc. $MTZ

Riposte Capital LLC lifted its position in shares of MasTec, Inc. (NYSE:MTZ) by 160.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 70,000 shares of the construction company’s stock after purchasing an additional 43,141 shares during the quarter. MasTec accounts for about 5.7% of Riposte Capital LLC’s holdings, making the stock its largest holding. Riposte Capital LLC’s holdings in MasTec were worth $22,522,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Ascentis Independent Advisors purchased a new position in shares of MasTec during the first quarter worth approximately $30,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of MasTec in the 4th quarter valued at $30,000. GHP Investment Advisors Inc. bought a new position in shares of MasTec during the 1st quarter valued at $65,000. CIBC Private Wealth Group LLC grew its holdings in shares of MasTec by 372.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 236 shares of the construction company’s stock valued at $51,000 after purchasing an additional 186 shares during the last quarter. Finally, Root Financial Partners LLC raised its position in MasTec by 25.4% in the 1st quarter. Root Financial Partners LLC now owns 311 shares of the construction company’s stock worth $100,000 after purchasing an additional 63 shares during the period. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on MTZ shares. Mizuho boosted their price target on shares of MasTec from $498.00 to $502.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. Roth Capital reiterated a “buy” rating and issued a $450.00 price objective on shares of MasTec in a research report on Monday, May 4th. Truist Financial raised their price target on shares of MasTec from $518.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Stifel Nicolaus set a $455.00 price target on MasTec in a report on Monday, May 4th. Finally, Cantor Fitzgerald lifted their price objective on MasTec from $545.00 to $581.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. Nineteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $466.89.

MasTec Price Performance

Shares of NYSE MTZ opened at $312.21 on Wednesday. MasTec, Inc. has a 1 year low of $160.08 and a 1 year 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 company’s 50-day moving average is $371.15 and its 200 day moving average is $332.45. The stock has a market capitalization of $24.67 billion, a P/E ratio of 54.68 and a beta of 1.77.

MasTec (NYSE:MTZ) last released its quarterly earnings results on Thursday, April 30th. The construction company reported $1.39 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the prior year, the firm earned $0.51 earnings per share. MasTec’s revenue 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 expect that MasTec, Inc. will post 9.18 earnings per share for the current year.

Insider Activity at MasTec

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

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.