MasTec, Inc. $MTZ Holdings Lifted by SG Americas Securities LLC

Key Points

• SG Americas Securities LLC boosted its MasTec stake by 429.2% in Q4, acquiring an additional 24,144 shares to hold 29,769 shares worth about $6.47 million at quarter-end; institutional investors own 78.10% of the stock.
• Company insiders have been selling recently: Director Ernst N. Csiszar sold 6,500 shares for roughly $1.95 million and Director Javier A. Palomarez sold 950 shares for about $309,158, leaving insiders with 21.30% ownership.
• MasTec beat Q4 estimates with EPS $2.07 and revenue up 15.8% year-over-year; the stock is trading near its 52-week high and several analysts have raised targets, giving a consensus rating of "Moderate Buy" (average target ~$300.17).

SG Americas Securities LLC increased its position in shares of MasTec, Inc. (NYSE:MTZ - Free Report) by 429.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,769 shares of the construction company's stock after acquiring an additional 24,144 shares during the period. SG Americas Securities LLC's holdings in MasTec were worth $6,471,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTZ. Salomon & Ludwin LLC boosted its position in shares of MasTec by 344.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company's stock valued at $26,000 after purchasing an additional 93 shares in the last quarter. Caldwell Trust Co bought a new stake in shares of MasTec in the 2nd quarter worth approximately $29,000. Princeton Global Asset Management LLC acquired a new stake in MasTec during the third quarter valued at approximately $43,000. Root Financial Partners LLC bought a new stake in MasTec during the third quarter worth approximately $49,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in MasTec by 105.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company's stock worth $61,000 after buying an additional 182 shares in the last quarter. 78.10% of the stock is currently owned by institutional investors.

Insider Transactions at MasTec

In other news, Director Ernst N. Csiszar sold 6,500 shares of the company's stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $300.40, for a total value of $1,952,600.00. Following the transaction, the director owned 17,235 shares in the company, valued at $5,177,394. This represents a 27.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Javier Alberto Palomarez sold 950 shares of the stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $325.43, for a total transaction of $309,158.50. Following the completion of the sale, the director directly owned 10,592 shares of the company's stock, valued at $3,446,954.56. This trade represents a 8.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 21.30% of the company's stock.

MasTec Trading Up 5.1%

MasTec stock opened at $321.36 on Wednesday. MasTec, Inc. has a 52 week low of $99.70 and a 52 week high of $328.69. 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 market capitalization of $25.35 billion, a price-to-earnings ratio of 63.38 and a beta of 1.89. The company has a 50 day moving average price of $280.29 and a 200 day moving average price of $236.17.

MasTec (NYSE:MTZ - Get Free Report) last released its earnings results on Thursday, February 26th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.94 by $0.13. The company had revenue of $3.94 billion during the quarter, compared to analyst estimates of $3.71 billion. MasTec had a return on equity of 15.62% and a net margin of 2.79%.The company's revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.44 earnings per share. 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 forecast that MasTec, Inc. will post 3.44 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Wall Street Zen raised MasTec from a "hold" rating to a "buy" rating in a report on Sunday, February 22nd. Jefferies Financial Group raised their price objective on MasTec from $271.00 to $348.00 and gave the stock a "buy" rating in a research note on Friday, March 13th. Mizuho lifted their target price on MasTec from $254.00 to $362.00 and gave the stock an "outperform" rating in a report on Monday, March 2nd. Cantor Fitzgerald boosted their target price on MasTec from $274.00 to $347.00 and gave the stock an "overweight" rating in a research report on Monday, March 2nd. Finally, KeyCorp upped their target price on MasTec from $264.00 to $335.00 and gave the company an "overweight" rating in a report on Monday, March 2nd. Seventeen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $300.17.

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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