MasTec (NYSE:MTZ) Director C Robert Campbell Sells 3,000 Shares

Key Points

• C. Robert Campbell sold 3,000 shares of MasTec on May 4 at an average price of $417, generating $1.251 million and reducing his holdings to 30,646 shares (an 8.92% decrease).
• MasTec beat Q1 estimates with EPS $1.39 vs. $0.98 consensus and revenue of $3.83B (up 34.5% YoY), and set FY2026 guidance at 8.79 EPS.
• Wall Street has been raising targets and issuing buy ratings—MasTec holds a consensus "Moderate Buy" with a $422.29 price target, while the stock trades near $433.72 and has a market cap of $34.27 billion (PE ≈ 76).

MasTec, Inc. (NYSE:MTZ - Get Free Report) Director C Robert Campbell sold 3,000 shares of MasTec stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $417.00, for a total transaction of $1,251,000.00. Following the completion of the sale, the director owned 30,646 shares of the company's stock, valued at $12,779,382. This trade represents a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

MasTec Stock Down 0.9%

NYSE MTZ traded down $3.79 during trading on Wednesday, reaching $433.72. The company's stock had a trading volume of 1,149,504 shares, compared to its average volume of 955,290. The business has a 50-day moving average price of $331.22 and a 200-day moving average price of $262.00. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. MasTec, Inc. has a 1-year low of $143.93 and a 1-year high of $441.43. The stock has a market capitalization of $34.27 billion, a PE ratio of 75.96 and a beta of 1.82.

MasTec (NYSE:MTZ - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.41. MasTec had a net margin of 2.94% and a return on equity of 17.15%. The business had revenue of $3.83 billion during the quarter, compared to analysts' expectations of $3.47 billion. During the same period in the previous year, the company earned $0.51 earnings per share. MasTec's revenue for the quarter was up 34.5% on a year-over-year basis. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. On average, research analysts forecast that MasTec, Inc. will post 8.2 earnings per share for the current fiscal year.

Hedge Funds Weigh In On MasTec

Large investors have recently bought and sold shares of the stock. Ascentis Independent Advisors acquired a new position in MasTec during the 1st quarter valued at $30,000. Salomon & Ludwin LLC raised 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 in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of MasTec in the 4th quarter valued at $30,000. GHP Investment Advisors Inc. acquired a new position in shares of MasTec in the 1st quarter valued at $65,000. Finally, Root Financial Partners LLC acquired a new position in shares of MasTec in the 3rd quarter valued at $49,000. 78.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of MasTec from a "hold" rating to a "buy" rating in a research note on Sunday, February 22nd. Citigroup boosted their price objective on shares of MasTec from $440.00 to $483.00 and gave the stock a "buy" rating in a research note on Monday. Robert W. Baird upped their target price on shares of MasTec from $348.00 to $473.00 and gave the company an "outperform" rating in a research note on Monday. The Goldman Sachs Group upped their target price on shares of MasTec from $348.00 to $487.00 and gave the company a "buy" rating in a research note on Monday. Finally, Mizuho upped their target price on shares of MasTec from $428.00 to $498.00 and gave the company an "outperform" rating in a research note on Tuesday. Seventeen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $422.29.

About MasTec

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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