Landscape Capital Management L.L.C. Invests $1.57 Million in MasTec, Inc. $MTZ

Key Points

• Landscape Capital Management purchased 3,778 MasTec shares worth approximately $1.57 million in the second quarter. Institutional investors collectively own 78.10% of the company.
• MasTec reported quarterly revenue of $4.37 billion, up 23.4% year over year and above estimates, though EPS of $2.22 narrowly missed consensus by $0.01. The company maintains 2026 EPS guidance of $9.30.
• Analysts remain broadly bullish, with 19 Buy ratings and one Strong Buy; the consensus price target is $427.32. However, MasTec shares opened at $266.89, well below their 52-week high of $441.43, while an insider recently sold $2.41 million worth of shares.

Landscape Capital Management L.L.C. purchased a new stake in shares of MasTec, Inc. (NYSE:MTZ - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 3,778 shares of the construction company's stock, valued at approximately $1,572,000.

A number of other large investors have also added to or reduced their stakes in MTZ. Ascentis Independent Advisors bought a new position in shares of MasTec in the 1st quarter valued at about $30,000. Bell Investment Advisors Inc bought a new stake in MasTec during the second quarter worth approximately $32,000. CIBC Private Wealth Group LLC increased its stake in MasTec by 372.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 236 shares of the construction company's stock worth $51,000 after acquiring an additional 186 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in MasTec by 105.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company's stock valued at $61,000 after purchasing an additional 182 shares during the period. Finally, GHP Investment Advisors Inc. purchased a new stake in MasTec during the first quarter valued at approximately $65,000. Institutional investors own 78.10% of the company's stock.

MasTec Stock Performance

MasTec stock opened at $266.89 on Friday. The company has a 50 day moving average price of $337.60 and a 200-day moving average price of $336.97. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.37 and a current ratio of 1.40. MasTec, Inc. has a fifty-two week low of $171.05 and a fifty-two week high of $441.43. The company has a market capitalization of $21.43 billion, a PE ratio of 42.57 and a beta of 1.81.

MasTec (NYSE:MTZ - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $2.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.23 by ($0.01). MasTec had a net margin of 3.07% and a return on equity of 18.08%. The firm had revenue of $4.37 billion during the quarter, compared to analysts' expectations of $4.30 billion. During the same quarter in the previous year, the firm posted $1.49 EPS. The firm's revenue for the quarter was up 23.4% on a year-over-year basis. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. As a group, equities analysts forecast that MasTec, Inc. will post 8.91 earnings per share for the current year.

Wall Street Analysts Forecast Growth

MTZ has been the subject of several analyst reports. Roth Capital reaffirmed a "buy" rating and issued a $450.00 price objective on shares of MasTec in a research note on Monday, May 4th. Truist Financial restated a "buy" rating and set a $428.00 price target (down from $550.00) on shares of MasTec in a report on Monday, August 3rd. TD Cowen lowered their price target on MasTec from $470.00 to $420.00 and set a "buy" rating for the company in a research report on Monday, August 3rd. The Goldman Sachs Group lowered their price target on MasTec from $508.00 to $409.00 and set a "buy" rating for the company in a research report on Wednesday, August 12th. Finally, Guggenheim lifted their price objective on shares of MasTec from $480.00 to $518.00 and gave the stock a "buy" rating in a research note on Wednesday, July 22nd. One investment 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 company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $427.32.

Insider Buying and Selling at MasTec

In other MasTec 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 completion of the sale, the director directly owned 10,816 shares in the company, valued at approximately $4,014,574.72. This represents a 37.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 21.40% of the company's stock.

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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