Sivia Capital Partners LLC Makes New Investment in MasTec, Inc. $MTZ

Key Points

• Sivia Capital Partners LLC made a new investment of $271,000 in MasTec, Inc., acquiring 1,591 shares during the second quarter.
• MasTec received multiple upgrades from analysts, with **Baird R W** upgrading the stock to a "strong-buy" rating and price targets varying from $196 to $220.
• In the last 90 days, insiders sold 23,000 shares of MasTec stock worth approximately $4.1 million, indicating a decrease in their holdings.

Sivia Capital Partners LLC acquired a new stake in shares of MasTec, Inc. (NYSE:MTZ - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,591 shares of the construction company's stock, valued at approximately $271,000.

Other hedge funds also recently added to or reduced their stakes in the company. Rothschild Investment LLC grew its holdings in MasTec by 2,023.1% during the 1st quarter. Rothschild Investment LLC now owns 276 shares of the construction company's stock worth $32,000 after acquiring an additional 263 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in MasTec during the 1st quarter worth $35,000. Harbor Investment Advisory LLC grew its holdings in MasTec by 147.1% during the 1st quarter. Harbor Investment Advisory LLC now owns 336 shares of the construction company's stock worth $39,000 after acquiring an additional 200 shares in the last quarter. Fourth Dimension Wealth LLC acquired a new position in MasTec during the 4th quarter worth $49,000. Finally, Parallel Advisors LLC grew its holdings in MasTec by 37.1% during the 2nd quarter. Parallel Advisors LLC now owns 303 shares of the construction company's stock worth $52,000 after acquiring an additional 82 shares in the last quarter. 78.10% of the stock is owned by institutional investors and hedge funds.

MasTec Price Performance

MasTec stock traded up $1.46 during trading hours on Friday, hitting $200.91. 1,695,425 shares of the stock were exchanged, compared to its average volume of 857,437. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.19 and a current ratio of 1.22. The stock has a market capitalization of $15.85 billion, a P/E ratio of 59.44 and a beta of 1.81. MasTec, Inc. has a 12 month low of $99.70 and a 12 month high of $201.97. The business's 50-day moving average is $181.79 and its two-hundred day moving average is $155.41.

MasTec (NYSE:MTZ - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The construction company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.08. The firm had revenue of $3.55 billion during the quarter, compared to analysts' expectations of $3.40 billion. MasTec had a net margin of 2.04% and a return on equity of 12.71%. The company's quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.96 EPS. MasTec has set its Q3 2025 guidance at 2.280-2.280 EPS. FY 2025 guidance at 6.230-6.440 EPS. Equities research analysts expect that MasTec, Inc. will post 3.44 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MTZ. KeyCorp raised their price objective on shares of MasTec from $196.00 to $205.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. Truist Financial set a $209.00 price target on shares of MasTec in a research report on Monday, August 4th. Wolfe Research upgraded shares of MasTec from a "peer perform" rating to an "outperform" rating and set a $227.00 price target on the stock in a research report on Wednesday. Mizuho started coverage on shares of MasTec in a research report on Thursday, September 4th. They issued an "outperform" rating and a $215.00 price target on the stock. Finally, TD Cowen raised their price target on shares of MasTec from $175.00 to $195.00 and gave the stock a "buy" rating in a research report on Monday, August 4th. Three equities research analysts have rated the stock with a Strong Buy rating and seventeen have given a Buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $197.84.

Insider Buying and Selling at MasTec

In other MasTec news, EVP Cardenas Alberto De sold 10,000 shares of the firm's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $180.69, for a total value of $1,806,900.00. Following the completion of the sale, the executive vice president owned 101,349 shares in the company, valued at approximately $18,312,750.81. This trade represents a 8.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director C Robert Campbell sold 3,000 shares of the firm's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $190.39, for a total transaction of $571,170.00. Following the completion of the sale, the director owned 35,277 shares of the company's stock, valued at $6,716,388.03. The trade was a 7.84% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,000 shares of company stock worth $4,128,070. 21.30% of the stock is currently owned by corporate insiders.

About MasTec

MasTec, Inc, an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.