Quantbot Technologies LP Lowers Stake in MasTec, Inc. $MTZ

Key Points

• Quantbot Technologies LP cut its stake in MasTec by 84.7% in Q3, selling 24,951 shares and retaining 4,517 shares valued at about $961,000.
• Insider selling: Director Ernst N. Csiszar sold 6,500 shares on March 3 for roughly $1.95M, trimming his ownership by about 27.4%.
• MasTec's fundamentals and analyst sentiment remain positive—Q4 revenue and EPS beat estimates and 18‑month backlog rose to $18.96B, prompting multiple price‑target increases—though the stock dipped ~3.4% amid profit‑taking and a Zacks downgrade.

Quantbot Technologies LP cut its position in shares of MasTec, Inc. (NYSE:MTZ - Free Report) by 84.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,517 shares of the construction company's stock after selling 24,951 shares during the quarter. Quantbot Technologies LP's holdings in MasTec were worth $961,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Salomon & Ludwin LLC lifted its position in MasTec by 344.4% during the third quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company's stock valued at $26,000 after buying an additional 93 shares in the last quarter. Caldwell Trust Co acquired a new position in MasTec in the 2nd quarter worth $29,000. Parkside Financial Bank & Trust boosted its holdings 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 purchasing an additional 137 shares during the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of MasTec during the 3rd quarter valued at approximately $43,000. Finally, Root Financial Partners LLC bought a new position in MasTec during the 3rd quarter valued at $49,000. 78.10% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other MasTec 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 21.30% of the stock is owned by insiders.

More MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: MasTec reported a big increase in backlog — 18‑month backlog rose to $18.96B (up $4.7B year/year), signaling sustained demand across clean energy and power delivery projects that supports future revenue visibility. Read More.
• Positive Sentiment: Q4 results and FY guidance remain strong — MasTec beat Q4 revenue and EPS estimates and provided FY guidance, reinforcing growth expectations tied to infrastructure and AI/energy-related work. This helps justify recent analyst target increases. Read More.
• Positive Sentiment: Several firms raised price targets and reiterated buy/outperform views, lifting upside expectations and institutional interest (multiple target increases reported this week). Read More.
• Neutral Sentiment: Market commentary flagged profit‑taking after MasTec’s Q4 rally — some selling appears to be rotation tied to short‑term AI/infra enthusiasm rather than fundamental weakness. Read More.
• Negative Sentiment: Zacks Research downgraded MasTec from “strong‑buy” to “hold,” which can reduce buying from Zacks‑oriented investors and temper momentum. Read More.
• Negative Sentiment: Insider selling: Director Ernst N. Csiszar sold 6,500 shares (~$1.95M at ~$300.40), trimming his stake ~27%, a move that often spooks traders even if it isn’t company‑specific. Read More.

MasTec Trading Down 3.4%

MasTec stock opened at $285.39 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.32 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. The company's fifty day simple moving average is $253.65 and its 200-day simple moving average is $220.47. The stock has a market cap of $22.52 billion, a P/E ratio of 56.29 and a beta of 1.89.

MasTec (NYSE:MTZ - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.13. The business 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 firm's revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.44 EPS. 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, sell-side analysts forecast that MasTec, Inc. will post 3.44 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Stifel Nicolaus increased their target price on MasTec from $240.00 to $267.00 and gave the stock a "buy" rating in a report on Tuesday, December 16th. DA Davidson boosted their target price on shares of MasTec from $250.00 to $350.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. Barclays increased their price target on MasTec from $240.00 to $260.00 and gave the stock an "overweight" rating in a research note on Friday, January 23rd. Cantor Fitzgerald increased their price objective on shares of MasTec from $274.00 to $347.00 and gave the company an "overweight" rating in a report on Monday, March 2nd. Finally, KeyCorp raised their target price on MasTec from $264.00 to $335.00 and gave the company an "overweight" rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $283.79.

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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