Dorsey Wright & Associates Acquires Shares of 12,377 MasTec, Inc. $MTZ

Key Points

• Dorsey Wright & Associates opened a new position in MasTec during Q3, buying 12,377 shares valued at about $2.63 million, and institutional investors now own roughly 78.10% of the stock.
• Analysts have been raising targets (e.g., Truist to $356, TD Cowen to $320, Citi to $350), with a consensus rating of "Moderate Buy" based on 18 Buys and 3 Holds and an average target of $288.84.
• An insider, Director Ernst N. Csiszar, sold 6,500 shares at $300.40 (a 27.39% reduction), while MasTec reported an earnings beat (Q EPS $2.07 vs. $1.94) and revenue of $3.94B (up 15.8%), and set FY 2026 EPS guidance at about 8.4.

Dorsey Wright & Associates bought a new position in MasTec, Inc. (NYSE:MTZ - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 12,377 shares of the construction company's stock, valued at approximately $2,634,000.

Several other institutional investors and hedge funds have also made changes to their positions in MTZ. Versant Capital Management Inc lifted its position in MasTec by 4.9% during the third quarter. Versant Capital Management Inc now owns 1,092 shares of the construction company's stock worth $232,000 after buying an additional 51 shares in the last quarter. Crestwood Advisors Group LLC boosted its stake in MasTec by 3.1% during the third quarter. Crestwood Advisors Group LLC now owns 1,738 shares of the construction company's stock worth $370,000 after buying an additional 53 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in MasTec by 1.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 4,081 shares of the construction company's stock valued at $868,000 after buying an additional 55 shares in the last quarter. Rothschild Investment LLC grew its holdings in MasTec by 22.5% in the 2nd quarter. Rothschild Investment LLC now owns 338 shares of the construction company's stock valued at $58,000 after buying an additional 62 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC increased its stake in shares of MasTec by 1.4% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 6,089 shares of the construction company's stock worth $1,296,000 after acquiring an additional 86 shares during the last quarter. 78.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MTZ has been the topic of several analyst reports. Truist Financial lifted their price target on MasTec from $270.00 to $356.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. TD Cowen upped their price objective on shares of MasTec from $225.00 to $320.00 and gave the company a "buy" rating in a report on Monday, March 2nd. Zacks Research cut shares of MasTec from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 4th. Citigroup lifted their target price on shares of MasTec from $284.00 to $350.00 and gave the stock a "buy" rating in a research note on Monday, March 2nd. Finally, Wall Street Zen upgraded shares of MasTec from a "hold" rating to a "buy" rating in a report on Sunday, February 22nd. Eighteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $288.84.

Insider Transactions at MasTec

In related news, Director Ernst N. Csiszar sold 6,500 shares of the firm's stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $300.40, for a total transaction of $1,952,600.00. Following the completion of the transaction, the director directly owned 17,235 shares in the company, valued at $5,177,394. This trade represents a 27.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 21.30% of the company's stock.

MasTec Stock Up 1.3%

MasTec stock opened at $304.24 on Wednesday. MasTec, Inc. has a fifty-two week low of $99.70 and a fifty-two week high of $310.36. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.29 and a current ratio of 1.32. The firm has a 50 day moving average price of $264.05 and a 200 day moving average price of $227.02. The company has a market capitalization of $24.00 billion, a PE ratio of 60.01 and a beta of 1.89.

MasTec (NYSE:MTZ - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $2.07 EPS for the quarter, topping analysts' consensus estimates of $1.94 by $0.13. MasTec had a return on equity of 15.62% and a net margin of 2.79%.The company had revenue of $3.94 billion for the quarter, compared to analysts' expectations of $3.71 billion. During the same period in the prior year, the firm earned $1.44 earnings per share. The firm's revenue was up 15.8% compared to the same quarter last year. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. Research analysts expect that MasTec, Inc. will post 3.44 earnings per share 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.

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