Counterpoint Mutual Funds LLC Invests $752,000 in MasTec, Inc. $MTZ

Key Points

• Counterpoint Mutual Funds LLC invested approximately $752,000 in MasTec, Inc. by acquiring 4,410 shares during the second quarter, reflecting growing institutional interest in the company.
• MasTec's stock price recently rose 3.1%, with shares trading around $207.18; the company's 1-year low and high are $99.70 and $207.58, respectively.
• Several analysts have issued positive ratings for MasTec, with target prices ranging from $200.00 to $209.00, indicating strong confidence in the stock's potential growth.

Counterpoint Mutual Funds LLC acquired a new position in MasTec, Inc. (NYSE:MTZ - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,410 shares of the construction company's stock, valued at approximately $752,000.

Other large investors also recently modified their holdings of the company. Rothschild Investment LLC raised its holdings in shares of MasTec by 2,023.1% in the 1st quarter. Rothschild Investment LLC now owns 276 shares of the construction company's stock worth $32,000 after purchasing an additional 263 shares during the period. Smallwood Wealth Investment Management LLC purchased a new position in shares of MasTec in the 1st quarter worth about $35,000. Harbor Investment Advisory LLC grew its stake in shares of MasTec by 147.1% in the first quarter. Harbor Investment Advisory LLC now owns 336 shares of the construction company's stock valued at $39,000 after buying an additional 200 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of MasTec by 228.6% in the second quarter. Farther Finance Advisors LLC now owns 276 shares of the construction company's stock valued at $47,000 after buying an additional 192 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of MasTec by 37.1% in the second quarter. Parallel Advisors LLC now owns 303 shares of the construction company's stock valued at $52,000 after buying an additional 82 shares in the last quarter. 78.10% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director C Robert Campbell sold 3,000 shares of MasTec stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $190.39, for a total value of $571,170.00. Following the transaction, the director directly owned 35,277 shares in the company, valued at $6,716,388.03. The trade was a 7.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Robert E. Apple sold 10,000 shares of MasTec stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $175.00, for a total value of $1,750,000.00. Following the completion of the transaction, the chief operating officer owned 194,249 shares in the company, valued at $33,993,575. The trade was a 4.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,000 shares of company stock worth $6,132,470 in the last three months. 21.30% of the stock is currently owned by insiders.

MasTec Stock Up 3.1%

Shares of MasTec stock opened at $207.18 on Tuesday. MasTec, Inc. has a 1-year low of $99.70 and a 1-year high of $207.58. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.22 and a quick ratio of 1.19. The business's fifty day moving average price is $182.49 and its two-hundred day moving average price is $156.31. The company has a market capitalization of $16.35 billion, a P/E ratio of 61.30 and a beta of 1.81.

MasTec (NYSE:MTZ - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The construction company reported $1.49 EPS for the quarter, topping analysts' consensus estimates of $1.41 by $0.08. MasTec had a return on equity of 12.71% and a net margin of 2.04%.The company had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.40 billion. During the same quarter in the previous year, the business earned $0.96 EPS. The company's quarterly revenue was up 19.7% compared to the same quarter last year. MasTec has set its Q3 2025 guidance at 2.280-2.280 EPS. FY 2025 guidance at 6.230-6.440 EPS. As a group, research analysts forecast that MasTec, Inc. will post 3.44 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on MTZ shares. Barclays reiterated an "overweight" rating and issued a $200.00 target price (up previously from $145.00) on shares of MasTec in a research note on Monday, July 21st. Baird R W upgraded MasTec from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 4th. Wall Street Zen upgraded MasTec from a "buy" rating to a "strong-buy" rating in a research note on Sunday. Truist Financial set a $209.00 target price on MasTec in a research note on Monday, August 4th. Finally, Stifel Nicolaus increased their target price on MasTec from $181.00 to $198.00 and gave the company a "buy" rating in a research note on Monday, August 4th. Three investment analysts have rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the company. Based on data from MarketBeat, MasTec currently has an average rating of "Buy" and a consensus target price of $197.84.

MasTec Company Profile

MasTec, Inc, an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.

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