Fairvoy Private Wealth LLC Acquires New Position in MasTec, Inc. $MTZ

Fairvoy Private Wealth LLC acquired a new stake in MasTec, Inc. (NYSE:MTZ) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,043 shares of the construction company’s stock, valued at approximately $657,000.

Other large investors have also modified their holdings of the company. Aigen Investment Management LP grew its holdings in MasTec by 3.8% during the fourth 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 period. Stratos Wealth Partners LTD. boosted its position in shares of MasTec by 1.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 2,927 shares of the construction company’s stock worth $636,000 after purchasing an additional 43 shares in the last quarter. Motley Fool Asset Management LLC grew its stake in shares of MasTec by 3.7% during the 4th 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 grew its stake in shares of MasTec by 0.9% during the 4th 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 holdings in shares of MasTec by 5.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 943 shares of the construction company’s stock valued at $205,000 after purchasing an additional 52 shares in the last quarter. 78.10% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at MasTec

In other news, Director Ernst N. Csiszar sold 6,500 shares of the company’s stock in a transaction 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 sale, the director directly owned 10,816 shares in the company, valued at $4,014,574.72. This represents a 37.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director C Robert Campbell sold 3,000 shares of the stock in a transaction 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 directly owned 30,646 shares in the company, valued at approximately $12,779,382. The trade was a 8.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 21.40% of the company’s stock.

Analysts Set New Price Targets

MTZ has been the subject of several recent analyst reports. Cantor Fitzgerald raised their price objective on shares of MasTec from $347.00 to $545.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Wolfe Research reaffirmed an “outperform” rating and issued a $326.00 target price on shares of MasTec in a report on Monday, March 2nd. Robert W. Baird lifted their price target on shares of MasTec from $348.00 to $473.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. CICC Research assumed coverage on MasTec in a research note on Thursday, May 21st. They set an “outperform” rating and a $480.00 price target on the stock. Finally, JPMorgan Chase & Co. upped their price target on MasTec from $471.00 to $491.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. One investment 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 MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $459.28.

MasTec Stock Performance

Shares of MTZ opened at $403.49 on Friday. MasTec, Inc. has a 12-month low of $160.08 and a 12-month high of $441.43. The stock has a market cap of $31.88 billion, a P/E ratio of 70.66 and a beta of 1.77. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average of $384.68 and a two-hundred day moving average of $309.41.

MasTec (NYSE:MTZ) last released its quarterly earnings results on Thursday, April 30th. The construction company reported $1.39 EPS for the quarter, beating the consensus estimate of $0.98 by $0.41. MasTec had a net margin of 2.94% and a return on equity of 17.15%. The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.47 billion. During the same period in the prior year, the business earned $0.51 earnings per share. The company’s quarterly 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. As a group, research analysts predict that MasTec, Inc. will post 8.5 EPS for the current fiscal year.

MasTec Company 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.