Trivium Point Advisory LLC Invests $8.25 Million in MasTec, Inc. $MTZ

Trivium Point Advisory LLC bought a new stake in shares of MasTec, Inc. (NYSE:MTZ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,825 shares of the construction company’s stock, valued at approximately $8,248,000.

Several other large investors have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new position in MasTec in the fourth quarter valued at $227,000. NewEdge Advisors LLC grew its holdings in MasTec by 32.6% in the first quarter. NewEdge Advisors LLC now owns 4,408 shares of the construction company’s stock valued at $514,000 after purchasing an additional 1,083 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of MasTec in the second quarter valued at approximately $271,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of MasTec by 105.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock valued at $61,000 after buying an additional 182 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in MasTec by 793.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,027 shares of the construction company’s stock valued at $175,000 after acquiring an additional 912 shares during the period. 78.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on MTZ. Stifel Nicolaus set a $455.00 target price on shares of MasTec in a research note on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on MasTec from $471.00 to $491.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. UBS Group reduced their price objective on MasTec from $453.00 to $410.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Weiss Ratings raised shares of MasTec from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Finally, Guggenheim increased their target price on shares of MasTec from $480.00 to $518.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, MasTec presently has a consensus rating of “Buy” and a consensus price target of $427.32.

Insider Activity at MasTec

In related news, Director Ernst N. Csiszar sold 6,500 shares of the business’s stock in a transaction on 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 transaction, the director owned 10,816 shares in the company, valued at approximately $4,014,574.72. The trade was a 37.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 21.40% of the company’s stock.

MasTec Stock Performance

MasTec stock opened at $297.79 on Monday. The firm has a 50 day simple moving average of $345.18 and a 200-day simple moving average of $336.43. The stock has a market cap of $23.92 billion, a price-to-earnings ratio of 47.50 and a beta of 1.82. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.40 and a quick ratio of 1.37. MasTec, Inc. has a 1-year low of $167.66 and a 1-year high of $441.43.

MasTec (NYSE:MTZ) last posted its earnings results on Thursday, July 30th. The construction company reported $2.22 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.01). The business had revenue of $4.37 billion during the quarter, compared to analysts’ expectations of $4.30 billion. MasTec had a net margin of 3.07% and a return on equity of 18.08%. MasTec’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.49 EPS. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. On average, analysts expect that MasTec, Inc. will post 8.91 EPS for the current 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.