Sanctuary Advisors LLC Has $2.94 Million Holdings in MasTec, Inc. $MTZ

Key Points

• Sanctuary Advisors LLC increased its stake in MasTec by 463.6% during Q4 to 13,527 shares, valued at about $2.94 million at the end of the period.
• Strong Q1 and raised guidance: MasTec reported Q1 EPS $1.39 (vs. $0.98 est.) and revenue $3.83B (+34.5% YoY), and raised FY2026 EPS guidance to 8.79 and Q2 EPS to 2.20, while analysts have mostly upgraded targets (consensus "Moderate Buy", target ≈ $336).
• Insider selling and valuation risk: Directors sold shares (e.g., 6,500 at ~$300 and 950 at ~$325), insiders own 21.4%, and the stock trades at a high P/E (~82x), which could amplify downside if growth or margins slip.

Sanctuary Advisors LLC boosted its stake in shares of MasTec, Inc. (NYSE:MTZ - Free Report) by 463.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,527 shares of the construction company's stock after buying an additional 11,127 shares during the period. Sanctuary Advisors LLC's holdings in MasTec were worth $2,940,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC raised its holdings in MasTec by 344.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company's stock worth $26,000 after buying an additional 93 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in MasTec during the 4th quarter worth about $30,000. Root Financial Partners LLC acquired a new stake in MasTec during the 3rd quarter worth about $49,000. CI Investments Inc. raised its holdings in MasTec by 39.9% during the 3rd quarter. CI Investments Inc. now owns 319 shares of the construction company's stock worth $68,000 after buying an additional 91 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in MasTec by 105.2% during the 2nd 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 during the period. Institutional investors and hedge funds own 78.10% of the company's stock.

Wall Street Analysts Forecast Growth

MTZ has been the topic of a number of research reports. UBS Group upped their target price on MasTec from $420.00 to $453.00 and gave the company a "buy" rating in a report on Friday. JPMorgan Chase & Co. upped their target price on MasTec from $346.00 to $386.00 and gave the company an "overweight" rating in a report on Thursday, April 16th. Stifel Nicolaus upped their target price on MasTec from $335.00 to $401.00 and gave the company a "buy" rating in a report on Friday, April 17th. Wolfe Research reiterated an "outperform" rating and issued a $326.00 target price on shares of MasTec in a report on Monday, March 2nd. Finally, TD Cowen upped their target price on MasTec from $225.00 to $320.00 and gave the company a "buy" rating in a report on Monday, March 2nd. Seventeen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, MasTec currently has an average rating of "Moderate Buy" and a consensus target price of $336.00.

More MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q1 results beat expectations — MasTec reported $1.39 EPS vs. consensus ~$0.98 and revenue of $3.83B, ahead of estimates and up ~34.5% year-over-year, signaling accelerating demand. MarketBeat Q1 Summary
• Positive Sentiment: Management raised guidance — MasTec boosted FY 2026 EPS guidance to 8.79 (vs. consensus ~8.45) and issued higher revenue guidance (~$17.5B), and set Q2 EPS at 2.20 with revenue ~$4.3B, showing confidence in backlog and demand. Business Wire: Q1 Results & Guidance
• Positive Sentiment: Strong execution across end-markets — Management highlighted double-digit revenue and profit growth and strong customer demand across businesses on the earnings call, supporting the guidance raise. Earnings Call Transcript
• Neutral Sentiment: Analyst write-ups and snapshots — Coverage from Zacks, Yahoo and local press highlights the beat and upgraded outlook; useful context for estimates and style/valuation checks. Zacks: Key Metrics
• Negative Sentiment: Rich valuation creates risk — MTZ trades at a high P/E (market commentary notes elevated multiples after the rally), which could amplify downside if growth or margin progress slips. Yahoo Finance Coverage

Insider Activity at MasTec

In related news, Director Ernst N. Csiszar sold 6,500 shares of the business's stock in a transaction that occurred on 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 sale, the director owned 17,235 shares of the company's stock, valued at approximately $5,177,394. The trade was a 27.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Javier Alberto Palomarez sold 950 shares of the business's stock in a transaction that occurred on 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 sale, 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 position. The SEC filing for this sale provides additional information. Insiders own 21.40% of the company's stock.

MasTec Price Performance

Shares of MTZ opened at $417.65 on Friday. The company has a market capitalization of $32.92 billion, a price-to-earnings ratio of 82.38 and a beta of 1.80. The business's 50-day moving average is $328.15 and its 200-day moving average is $259.59. MasTec, Inc. has a fifty-two week low of $136.88 and a fifty-two week high of $418.13. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.32 and a quick ratio of 1.29.

MasTec (NYSE:MTZ - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The construction company reported $1.39 EPS for the quarter, beating the consensus estimate of $0.98 by $0.41. The business had revenue of $3.83 billion during the quarter, compared to analysts' expectations of $3.47 billion. MasTec had a return on equity of 17.50% and a net margin of 2.94%.The firm's quarterly revenue was up 34.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 EPS. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. Equities research analysts expect that MasTec, Inc. will post 8.2 EPS for the current fiscal 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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