MH & Associates Securities Management Corp ADV Acquires Shares of 7,629 MasTec, Inc. $MTZ

Key Points

• MH & Associates Securities Management Corp ADV acquired a new stake of 7,629 shares in MasTec (NYSE:MTZ) during Q4, valued at approximately $1.66 million.
• Several analysts have raised price targets (Barclays, Mizuho, KeyCorp, DA Davidson among them), leaving a MarketBeat consensus rating of Moderate Buy and a consensus target price of $300.17.
• Company insiders have been selling recently—Director Ernst N. Csiszar sold 6,500 shares and Javier A. Palomarez sold 950 shares—resulting in insiders owning 21.3% of the stock while institutional investors hold 78.1%.

MH & Associates Securities Management Corp ADV acquired a new stake in MasTec, Inc. (NYSE:MTZ - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 7,629 shares of the construction company's stock, valued at approximately $1,658,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC increased its stake in shares of MasTec by 344.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company's stock valued at $26,000 after buying an additional 93 shares during the period. Caldwell Trust Co acquired a new stake in shares of MasTec in the 2nd quarter valued at $29,000. Princeton Global Asset Management LLC acquired a new stake in shares of MasTec in the 3rd quarter valued at $43,000. Root Financial Partners LLC acquired a new stake in shares of MasTec in the 3rd quarter valued at $49,000. Finally, CI Investments Inc. increased its stake in shares of MasTec by 39.9% in the 3rd quarter. CI Investments Inc. now owns 319 shares of the construction company's stock valued at $68,000 after buying an additional 91 shares during the period. Institutional investors and hedge funds own 78.10% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Barclays lifted their target price on MasTec from $260.00 to $340.00 and gave the company an "overweight" rating in a research note on Tuesday, March 31st. Weiss Ratings reiterated a "hold (c+)" rating on shares of MasTec in a research report on Friday, March 27th. Mizuho lifted their price target on shares of MasTec from $254.00 to $362.00 and gave the stock an "outperform" rating in a research report on Monday, March 2nd. KeyCorp lifted their price target on shares of MasTec from $264.00 to $335.00 and gave the stock an "overweight" rating in a research report on Monday, March 2nd. Finally, DA Davidson lifted their price target on shares of MasTec from $250.00 to $350.00 and gave the stock a "buy" rating in a research 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.com, MasTec has a consensus rating of "Moderate Buy" and a consensus target price of $300.17.

Insider Transactions at MasTec

In other MasTec news, Director Ernst N. Csiszar sold 6,500 shares of the business'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 completion of the transaction, the director directly owned 17,235 shares of the company's stock, valued at approximately $5,177,394. The trade was a 27.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Javier Alberto Palomarez sold 950 shares of the business's stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $325.43, for a total value of $309,158.50. Following the completion of the transaction, the director directly owned 10,592 shares of the company's stock, valued at approximately $3,446,954.56. The trade was a 8.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 21.30% of the stock is currently owned by insiders.

MasTec Stock Up 3.1%

Shares of NYSE MTZ opened at $348.74 on Thursday. The stock has a market cap of $27.51 billion, a P/E ratio of 68.78 and a beta of 1.80. The firm has a 50 day moving average price of $291.52 and a 200 day moving average price of $241.87. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.29 and a current ratio of 1.32. MasTec, Inc. has a 52-week low of $104.40 and a 52-week high of $360.00.

MasTec (NYSE:MTZ - Get Free Report) last posted 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. MasTec had a return on equity of 15.62% and a net margin of 2.79%.The firm had revenue of $3.94 billion during the quarter, compared to analysts' expectations of $3.71 billion. During the same period in the previous year, the firm earned $1.44 earnings per share. The company's revenue was up 15.8% on a year-over-year basis. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. Analysts expect that MasTec, Inc. will post 3.44 EPS 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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