CWC Advisors LLC. Boosts Position in MasTec, Inc. $MTZ

CWC Advisors LLC. increased its position in shares of MasTec, Inc. (NYSE:MTZ) by 2.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,749 shares of the construction company’s stock after acquiring an additional 119 shares during the quarter. CWC Advisors LLC.’s holdings in MasTec were worth $809,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in MasTec during the fourth quarter worth about $227,000. ProShare Advisors LLC increased its holdings in shares of MasTec by 7.4% during the 4th quarter. ProShare Advisors LLC now owns 2,881 shares of the construction company’s stock worth $392,000 after buying an additional 198 shares during the last quarter. Royal Bank of Canada raised its position in shares of MasTec by 175.1% during the 4th quarter. Royal Bank of Canada now owns 130,301 shares of the construction company’s stock valued at $17,739,000 after buying an additional 82,929 shares during the period. Two Sigma Advisers LP lifted its holdings in MasTec by 21.2% in the fourth quarter. Two Sigma Advisers LP now owns 74,200 shares of the construction company’s stock valued at $10,102,000 after acquiring an additional 13,000 shares during the last quarter. Finally, PharVision Advisers LLC purchased a new position in MasTec in the fourth quarter worth approximately $224,000. 78.10% of the stock is currently owned by institutional investors and hedge funds.

MasTec Stock Performance

Shares of MTZ stock opened at $199.34 on Friday. The company has a market cap of $15.73 billion, a P/E ratio of 58.98 and a beta of 1.81. The firm has a fifty day moving average price of $181.18 and a 200 day moving average price of $154.69. The company has a current ratio of 1.22, a quick ratio of 1.19 and a debt-to-equity ratio of 0.70. MasTec, Inc. has a 12 month low of $99.70 and a 12 month high of $201.64.

MasTec (NYSE:MTZ) last posted its quarterly earnings results on Thursday, July 31st. The construction company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.08. The company had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.40 billion. MasTec had a return on equity of 12.71% and a net margin of 2.04%.MasTec’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period last year, the firm 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. Sell-side analysts predict that MasTec, Inc. will post 3.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, COO Robert E. Apple sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $175.00, for a total value of $1,750,000.00. Following the transaction, the chief operating officer owned 194,249 shares of the company’s stock, valued at approximately $33,993,575. The trade was a 4.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Cardenas Alberto De sold 10,000 shares of the firm’s stock in a transaction on 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 directly owned 101,349 shares of the company’s stock, valued at approximately $18,312,750.81. This trade represents a 8.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,000 shares of company stock valued at $4,128,070 over the last quarter. 21.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Wolfe Research raised MasTec from a “peer perform” rating to an “outperform” rating and set a $227.00 target price for the company in a research note on Wednesday. TD Cowen raised their price objective on MasTec from $175.00 to $195.00 and gave the stock a “buy” rating in a research report on Monday, August 4th. Roth Capital assumed coverage on shares of MasTec in a research report on Tuesday, July 1st. They issued a “buy” rating and a $210.00 target price on the stock. Mizuho assumed coverage on MasTec in a research note on Thursday, September 4th. They set an “outperform” rating and a $215.00 price target on the stock. Finally, Robert W. Baird raised MasTec from a “neutral” rating to an “outperform” rating and set a $210.00 price objective for the company in a research note on Monday, August 4th. Three research analysts have rated the stock with a Strong Buy rating and seventeen have issued a Buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $197.84.

MasTec 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.