MasTec, Inc. $MTZ Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP raised its holdings in shares of MasTec, Inc. (NYSE:MTZ) by 15.3% during the 1st quarter, Holdings Channel reports. The fund owned 84,387 shares of the construction company’s stock after purchasing an additional 11,193 shares during the period. Quantinno Capital Management LP’s holdings in MasTec were worth $27,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in MTZ. Victory Capital Management Inc. grew its stake in shares of MasTec by 178.6% in the fourth quarter. Victory Capital Management Inc. now owns 2,637,451 shares of the construction company’s stock worth $573,304,000 after purchasing an additional 1,690,896 shares in the last quarter. Peconic Partners LLC raised its stake in shares of MasTec by 113.3% during the fourth quarter. Peconic Partners LLC now owns 1,600,000 shares of the construction company’s stock valued at $347,792,000 after purchasing an additional 850,000 shares in the last quarter. First Trust Advisors LP lifted its holdings in MasTec by 7.6% in the first quarter. First Trust Advisors LP now owns 1,411,584 shares of the construction company’s stock worth $454,163,000 after purchasing an additional 100,151 shares during the period. Geode Capital Management LLC lifted its holdings in MasTec by 8.4% in the fourth quarter. Geode Capital Management LLC now owns 1,220,703 shares of the construction company’s stock worth $265,395,000 after purchasing an additional 94,344 shares during the period. Finally, AQR Capital Management LLC grew its position in MasTec by 11.3% in 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 buying an additional 108,504 shares in the last quarter. Institutional investors and hedge funds own 78.10% of the company’s stock.

More MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: MasTec reported second-quarter revenue of $4.37 billion, up 23.4% year over year and above the approximately $4.30 billion consensus estimate. EPS increased to $2.22 from $1.49 a year earlier. Management also highlighted broad-based growth, margin expansion and backlog development. MasTec Reports Second Quarter 2026 Results and Updates Full Year 2026 Financial Guidance
• Positive Sentiment: The company’s adjusted EBITDA margin improved by 100 basis points, while third-quarter guidance calls for $4.9 billion in revenue and $2.98 EPS. Full-year 2026 guidance of $18.2 billion in revenue and $9.30 EPS is above current analyst consensus. MasTec 2026 Q2 Results Presentation
• Neutral Sentiment: MasTec appointed Alex Spiro to its board. His experience advising large companies on governance, regulatory and strategic matters may support the company’s oversight, but the appointment is unlikely to materially affect near-term earnings. MasTec Announces Alex Spiro Board Appointment
• Negative Sentiment: The earnings result was mixed: EPS narrowly missed the broader consensus estimate of $2.23, even though it exceeded the Zacks estimate of $2.19. Investors appear to be looking beyond the headline revenue beat and questioning the quality or sustainability of the outlook. MasTec Q2 Key Metrics
• Negative Sentiment: Market coverage characterized the updated guidance as a cut relative to prior expectations, overshadowing the record quarter. This concern about forward growth expectations appears to be the primary reason MTZ moved lower despite year-over-year gains and guidance above consensus. MasTec Falls After Guidance Cut

Analyst Upgrades and Downgrades

MTZ has been the topic of several research analyst reports. B. Riley Financial reissued a “buy” rating on shares of MasTec in a research note on Monday, May 4th. Robert W. Baird upped their price target on shares of MasTec from $473.00 to $475.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. TD Cowen increased their price objective on shares of MasTec from $445.00 to $470.00 and gave the company a “buy” rating in a report on Monday, July 13th. Truist Financial raised their price objective on shares of MasTec from $518.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Finally, Zacks Research raised MasTec from a “hold” rating to a “strong-buy” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, MasTec currently has an average rating of “Buy” and a consensus target price of $461.74.

Insiders Place Their Bets

In other news, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction on 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 completion of the sale, the director directly 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 transaction was disclosed in a legal filing with the SEC, which is available 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 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. The trade was 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 Stock Down 18.8%

MTZ stock opened at $263.51 on Friday. MasTec, Inc. has a 12 month low of $160.08 and a 12 month high of $441.43. The firm has a market cap of $20.82 billion, a PE ratio of 42.03 and a beta of 1.77. The firm has a 50 day simple moving average of $365.55 and a 200 day simple moving average of $333.18. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.32 and a quick ratio of 1.28.

MasTec (NYSE:MTZ) last issued its earnings results on Thursday, July 30th. The construction company reported $2.22 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.01). The business had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.30 billion. MasTec had a return on equity of 18.47% and a net margin of 3.07%.The company’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.49 earnings per share. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. Equities research analysts forecast that MasTec, Inc. will post 9.18 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.