MasTec, Inc. $MTZ Shares Bought by Schroder Investment Management Group

Key Points

• Schroder Investment Management Group increased its stake in MasTec by 81.6% during Q3, adding 59,228 shares to hold 131,787 shares worth about $28.05 million (≈0.17% of the company).
• MasTec beat expectations in its most recent quarter with EPS of $2.07 vs. $1.94 expected and revenue of $3.94 billion (up 15.8% year-over-year), and it issued FY2026 guidance of 8.40 EPS.
• Several analysts lifted price targets (e.g., Citigroup to $350, TD Cowen to $320, DA Davidson to $350), leaving MasTec with a consensus rating of Moderate Buy and an average price target of $283.79, while institutional investors own roughly 78% of the stock.

Schroder Investment Management Group grew its position in MasTec, Inc. (NYSE:MTZ - Free Report) by 81.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 131,787 shares of the construction company's stock after purchasing an additional 59,228 shares during the quarter. Schroder Investment Management Group owned about 0.17% of MasTec worth $28,046,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in MTZ. Salomon & Ludwin LLC boosted its position in shares of MasTec by 344.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company's stock worth $26,000 after purchasing an additional 93 shares in the last quarter. Caldwell Trust Co purchased a new stake in MasTec in the second quarter valued at about $29,000. Parkside Financial Bank & Trust raised its stake in MasTec by 253.7% in the second quarter. Parkside Financial Bank & Trust now owns 191 shares of the construction company's stock valued at $33,000 after buying an additional 137 shares during the last quarter. Evelyn Partners Asset Management Ltd acquired a new stake in MasTec in the second quarter worth about $43,000. Finally, Princeton Global Asset Management LLC acquired a new stake in MasTec in the third quarter worth about $43,000. 78.10% of the stock is owned by institutional investors and hedge funds.

MasTec Stock Performance

Shares of NYSE MTZ opened at $297.21 on Friday. The company has a 50 day simple moving average of $260.07 and a two-hundred day simple moving average of $223.95. The stock has a market cap of $23.45 billion, a price-to-earnings ratio of 58.62 and a beta of 1.89. The company has a current ratio of 1.32, a quick ratio of 1.29 and a debt-to-equity ratio of 0.65. MasTec, Inc. has a 12 month low of $99.70 and a 12 month high of $310.36.

MasTec (NYSE:MTZ - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The construction company reported $2.07 earnings per share for the quarter, topping analysts' consensus estimates of $1.94 by $0.13. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The firm had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.71 billion. During the same quarter in the prior year, the business earned $1.44 earnings per share. The business's quarterly 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. As a group, analysts predict that MasTec, Inc. will post 3.44 earnings per share for the current year.

Insiders Place Their Bets

In other MasTec news, Director Ernst N. Csiszar sold 6,500 shares of MasTec 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 owned 17,235 shares in the company, valued at approximately $5,177,394. This trade represents a 27.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 21.30% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on MTZ shares. Weiss Ratings restated a "hold (c+)" rating on shares of MasTec in a report on Monday, December 29th. 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. TD Cowen upped their price target on shares of MasTec from $225.00 to $320.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. Zacks Research cut shares of MasTec from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 4th. Finally, DA Davidson lifted their price objective on shares of MasTec from $250.00 to $350.00 and gave the stock a "buy" rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, MasTec has an average rating of "Moderate Buy" and a consensus price target of $283.79.

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.

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