MasTec (NYSE:MTZ) Stock Rating Lowered by Zacks Research

Key Points

• Zacks Research downgraded MasTec from a strong‑buy to a hold, though the sell‑side remains broadly positive—MarketBeat shows 17 Buy ratings, 1 Strong Buy, 3 Holds and a consensus "Moderate Buy" with an average price target of $283.79.
• MasTec beat Q4 estimates (EPS $2.07 vs. $1.94; revenue $3.94B vs. $3.71B) and provided FY2026 EPS guidance of 8.40, while analysts on average expect 3.44 EPS for the current fiscal year.
• Director Ernst N. Csiszar sold 6,500 shares (~$1.95M), but major institutional buying (notably Victory Capital, Peconic and Coatue) has driven institutional ownership to about 78.1%.

MasTec (NYSE:MTZ - Get Free Report) was downgraded by stock analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Wednesday,Zacks.com reports.

Several other equities analysts have also issued reports on MTZ. Mizuho lifted their price objective on shares of MasTec from $254.00 to $362.00 and gave the company an "outperform" rating in a report on Monday. DA Davidson lifted their price target on MasTec from $250.00 to $350.00 and gave the company a "buy" rating in a report on Monday. Stifel Nicolaus upped their price objective on MasTec from $240.00 to $267.00 and gave the stock a "buy" rating in a research note on Tuesday, December 16th. Cantor Fitzgerald lifted their target price on MasTec from $274.00 to $347.00 and gave the company an "overweight" rating in a research note on Monday. Finally, TD Cowen boosted their target price on shares of MasTec from $225.00 to $320.00 and gave the stock a "buy" rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, MasTec currently has a consensus rating of "Moderate Buy" and an average price target of $283.79.

MasTec Price Performance

MTZ opened at $295.23 on Wednesday. The company has a market capitalization of $23.29 billion, a price-to-earnings ratio of 58.23 and a beta of 1.89. The company has a current ratio of 1.32, a quick ratio of 1.29 and a debt-to-equity ratio of 0.65. MasTec has a 12-month low of $99.70 and a 12-month high of $310.36. The business's fifty day simple moving average is $252.43 and its 200-day simple moving average is $219.72.

MasTec (NYSE:MTZ - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The construction company reported $2.07 earnings per share for the quarter, topping analysts' consensus estimates of $1.94 by $0.13. The company had revenue of $3.94 billion during the quarter, compared to analyst estimates of $3.71 billion. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The firm's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.44 earnings per share. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. On average, equities research analysts anticipate that MasTec will post 3.44 earnings per share for the current fiscal year.

Insider Activity at MasTec

In related news, Director Ernst N. Csiszar sold 6,500 shares of MasTec stock in a transaction that occurred on Tuesday, March 3rd. The shares were 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 directly owned 17,235 shares in the company, valued at $5,177,394. This trade represents a 27.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 21.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Victory Capital Management Inc. increased its position in shares of MasTec by 178.6% in the 4th quarter. Victory Capital Management Inc. now owns 2,637,451 shares of the construction company's stock valued at $573,304,000 after acquiring an additional 1,690,896 shares during the period. Peconic Partners LLC grew its stake in MasTec by 113.3% during the 4th quarter. Peconic Partners LLC now owns 1,600,000 shares of the construction company's stock valued at $347,792,000 after purchasing an additional 850,000 shares during the last quarter. Coatue Management LLC acquired a new position in shares of MasTec in the fourth quarter valued at about $147,357,000. Qube Research & Technologies Ltd raised its stake in shares of MasTec by 370.0% in the second quarter. Qube Research & Technologies Ltd now owns 506,857 shares of the construction company's stock worth $86,384,000 after purchasing an additional 399,007 shares during the last quarter. Finally, 140 Summer Partners LP purchased a new position in shares of MasTec in the third quarter worth about $81,514,000. Hedge funds and other institutional investors own 78.10% of the company's stock.

More MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q4 results beat expectations and management highlighted backlog growth and infrastructure expansion, reinforcing the company’s growth narrative and supporting valuation. MasTec Earnings Strengthen Narrative Around Backlog Growth And Infrastructure Expansion
• Positive Sentiment: Several analysts have raised price targets (reports show new targets in the ~$320–$356 range), signaling increased upside expectations from the sell-side. MasTec NYSE: MTZ Price Target Raised to $356.00
• Positive Sentiment: D.A. Davidson reiterated a Buy rating on MasTec, providing continued analyst support for the stock. D.A. Davidson Keeps Their Buy Rating on MasTec (MTZ)
• Positive Sentiment: Zacks highlights MTZ as a top-ranked momentum stock, which may attract momentum and quant flows. MasTec (MTZ) is a Top-Ranked Momentum Stock: Should You Buy?
• Neutral Sentiment: Zacks published a post‑earnings analysis weighing buy/hold/sell scenarios; useful context but not a direct catalyst. Should Investors Buy, Hold or Sell MasTec Stock Post Q4 Earnings?
• Negative Sentiment: A company director sold 6,500 shares (~$1.95M), materially reducing his stake; insider selling can be perceived negatively by investors. SEC Filing: Insider Sale by Ernst N. Csiszar
• Negative Sentiment: Reports note profit-taking after the Q4-driven rally — some selling tied to AI/infrastructure demand optimism has pressured the stock in the short term. MasTec (MTZ) Sold After Q4 Rally Linked to AI Infrastructure Demand

MasTec Company 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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