Roberts Glore & Co. Inc. IL Takes Position in MasTec, Inc. $MTZ

Roberts Glore & Co. Inc. IL acquired a new position in shares of MasTec, Inc. (NYSE:MTZ) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,810 shares of the construction company’s stock, valued at approximately $385,000.

Several other hedge funds have also modified their holdings of MTZ. Qube Research & Technologies Ltd grew its holdings in MasTec by 370.0% in the second quarter. Qube Research & Technologies Ltd now owns 506,857 shares of the construction company’s stock valued at $86,384,000 after purchasing an additional 399,007 shares during the period. Hennessy Advisors Inc. acquired a new position in shares of MasTec in the 3rd quarter valued at $50,904,000. Vanguard Group Inc. grew its stake in shares of MasTec by 4.1% during the 2nd quarter. Vanguard Group Inc. now owns 5,972,293 shares of the construction company’s stock valued at $1,017,858,000 after buying an additional 234,594 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of MasTec by 42.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 555,486 shares of the construction company’s stock worth $94,672,000 after buying an additional 164,722 shares during the last quarter. Finally, Hood River Capital Management LLC increased its holdings in shares of MasTec by 8.9% during the 2nd quarter. Hood River Capital Management LLC now owns 1,692,656 shares of the construction company’s stock worth $288,479,000 after buying an additional 138,269 shares during the last quarter. 78.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on MTZ shares. Robert W. Baird lifted their target price on MasTec from $238.00 to $249.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. Wall Street Zen upgraded MasTec from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. Mizuho set a $254.00 price objective on MasTec in a research note on Monday, November 3rd. Cantor Fitzgerald began coverage on MasTec in a report on Friday, January 23rd. They set an “overweight” rating and a $274.00 target price for the company. Finally, Citigroup raised their price target on shares of MasTec from $248.00 to $284.00 and gave the company a “buy” rating in a report on Monday, January 26th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, MasTec presently has an average rating of “Buy” and an average target price of $238.16.

Key Stories Impacting MasTec

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q4 earnings beat consensus — MasTec reported $2.07 EPS vs. a $1.94 Zacks consensus, reflecting y/y profit improvement and better-than-expected execution across segments. MasTec (MTZ) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Upside to full‑year 2026 outlook — MasTec raised its FY2026 EPS guidance to $8.40 (vs. ~$8.02 consensus) and issued revenue guidance near $17.0B (above $15.4B consensus), signaling stronger full‑year demand and margin confidence. MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 Guidance
• Positive Sentiment: Reduced short interest — Short interest fell ~12.9% in February to ~2.46M shares (about 4.0% of float), which lowers near‑term short pressure and can support upside momentum.
• Neutral Sentiment: Sector tailwind from AI/data‑center buildout — Analysts are highlighting MasTec among construction firms poised to benefit from large AI-driven data center capex, a multi-year growth driver but dependent on execution and contract timing. Buy 5 Construction Stocks Set to Soar on AI-Powered Data Center Boom
• Neutral Sentiment: Company press release details — MasTec’s release confirmed stronger revenue growth and provided segment commentary (net margin ~2.41%, ROE ~14.41%), which supports the headline beat but offers no new material surprises beyond guidance. View Press Release
• Negative Sentiment: Mixed near‑term guidance — Q1 2026 guidance was below Street expectations (EPS $1.00 vs. ~$1.42 consensus; revenue ~$3.5B vs. ~$3.7B consensus), introducing near‑term earnings risk and a reason for potential pullbacks if investors focus on quarterly softness. MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 Guidance

MasTec Price Performance

Shares of NYSE MTZ opened at $290.00 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.33 and a quick ratio of 1.30. MasTec, Inc. has a 1-year low of $99.70 and a 1-year high of $291.70. The company has a market capitalization of $22.88 billion, a price-to-earnings ratio of 68.88 and a beta of 1.94. The business has a 50-day moving average of $244.67 and a 200-day moving average of $215.54.

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.