MasTec (NYSE:MTZ) Stock Unloaded Sen. Markwayne Mullin

Senator Markwayne Mullin (Republican-Oklahoma) recently sold shares of MasTec, Inc. (NYSE:MTZ). In a filing disclosed on March 02nd, the Senator disclosed that they had sold between $15,001 and $50,000 in MasTec stock on February 4th.

Senator Markwayne Mullin also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of McKesson (NYSE:MCK) on 2/4/2026.
• Sold $1,001 – $15,000 in shares of Iron Mountain (NYSE:IRM) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of FirstCash (NASDAQ:FCFS) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of Monolithic Power Systems (NASDAQ:MPWR) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of Stride (NYSE:LRN) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of VSE (NASDAQ:VSEC) on 2/4/2026.

MasTec Stock Up 1.0%

MTZ opened at $303.62 on Thursday. The firm has a market cap of $23.96 billion, a P/E ratio of 59.89 and a beta of 1.89. The business’s fifty day simple moving average is $251.00 and its 200 day simple moving average is $219.19. MasTec, Inc. has a 52 week low of $99.70 and a 52 week high of $310.36. The company has a quick ratio of 1.29, a current ratio of 1.32 and a debt-to-equity ratio of 0.65.

MasTec (NYSE:MTZ) last announced its earnings results on Thursday, February 26th. The construction company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.13. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The firm had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $3.71 billion. During the same quarter in the previous year, the company posted $1.44 EPS. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. 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, equities research analysts anticipate that MasTec, Inc. will post 3.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Salomon & Ludwin LLC grew its stake in MasTec by 344.4% during the third quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company’s stock worth $26,000 after buying an additional 93 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in MasTec during the 4th quarter worth $30,000. Caldwell Trust Co acquired a new stake in MasTec in the 2nd quarter valued at $29,000. Parkside Financial Bank & Trust increased its holdings in MasTec by 253.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 191 shares of the construction company’s stock valued at $33,000 after purchasing an additional 137 shares in the last quarter. Finally, Princeton Global Asset Management LLC purchased a new position in MasTec in the third quarter valued at about $43,000. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Analyst Ratings Changes

MTZ has been the topic of a number of analyst reports. TD Cowen raised their target price on shares of MasTec from $225.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday. Stifel Nicolaus lifted their price objective on MasTec from $240.00 to $267.00 and gave the company a “buy” rating in a research report on Tuesday, December 16th. Truist Financial upped their target price on MasTec from $270.00 to $356.00 and gave the company a “buy” rating in a research note on Monday. Zacks Research raised MasTec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Finally, Barclays lifted their price target on MasTec from $240.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $283.79.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

About MasTec

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.