Brokerages Set MasTec, Inc. (NYSE:MTZ) Price Target at $195.12

Key Points

• MasTec, Inc. has received an average rating of "Buy" from nineteen analysts, with fifteen affirming a buy rating and three issuing a strong buy rating, while the average one-year price target is approximately $195.12.
• Recent insider trading includes COO Robert E. Apple selling 10,000 shares for $1.75 million and EVP Cardenas Alberto De selling 10,000 shares for about $1.81 million, both reflecting a decrease in their ownership stakes.
• MasTec reported a 19.7% year-over-year revenue increase, achieving $1.49 EPS in its latest earnings report, surpassing expectations and setting positive Q3 2025 guidance.

Shares of MasTec, Inc. (NYSE:MTZ - Get Free Report) have been assigned an average rating of "Buy" from the twenty brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, sixteen have given a buy rating and three have issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $196.2222.

A number of research firms recently weighed in on MTZ. Baird R W upgraded shares of MasTec from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 4th. JPMorgan Chase & Co. increased their price objective on MasTec from $180.00 to $214.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 22nd. Robert W. Baird raised shares of MasTec from a "neutral" rating to an "outperform" rating and set a $210.00 price target on the stock in a research note on Monday, August 4th. KeyCorp boosted their price target on shares of MasTec from $196.00 to $205.00 and gave the company an "overweight" rating in a research note on Monday, August 4th. Finally, Barclays reissued an "overweight" rating and issued a $200.00 target price (up previously from $145.00) on shares of MasTec in a research report on Monday, July 21st.

Insider Buying and Selling

In other news, EVP Cardenas Alberto De sold 10,000 shares of MasTec stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $180.69, for a total transaction of $1,806,900.00. Following the completion of the sale, the executive vice president directly owned 101,349 shares of the company's stock, valued at approximately $18,312,750.81. The trade was a 8.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Robert E. Apple sold 10,000 shares of MasTec stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $175.00, for a total transaction of $1,750,000.00. Following the sale, the chief operating officer owned 194,249 shares in the company, valued at $33,993,575. This represents a 4.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. 21.30% of the stock is owned by insiders.

Hedge Funds Weigh In On MasTec

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC acquired a new stake in MasTec in the fourth quarter valued at approximately $227,000. Mariner LLC grew its position in MasTec by 20.9% in the fourth quarter. Mariner LLC now owns 2,639 shares of the construction company's stock valued at $359,000 after acquiring an additional 457 shares in the last quarter. Stifel Financial Corp grew its position in MasTec by 16.7% in the fourth quarter. Stifel Financial Corp now owns 11,788 shares of the construction company's stock valued at $1,605,000 after acquiring an additional 1,683 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in MasTec by 4.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 46,117 shares of the construction company's stock valued at $6,279,000 after acquiring an additional 1,915 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in MasTec in the fourth quarter valued at approximately $613,000. Hedge funds and other institutional investors own 78.10% of the company's stock.

MasTec Trading Down 4.5%

MasTec stock traded down $8.13 during midday trading on Monday, reaching $174.38. The stock had a trading volume of 204,555 shares, compared to its average volume of 1,028,219. The company has a fifty day moving average of $177.69 and a 200 day moving average of $150.72. The company has a quick ratio of 1.19, a current ratio of 1.22 and a debt-to-equity ratio of 0.70. The firm has a market cap of $13.76 billion, a price-to-earnings ratio of 51.38 and a beta of 1.81. MasTec has a 52-week low of $96.01 and a 52-week high of $194.00.

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

MasTec Company Profile

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.