Natixis Advisors LLC Has $3.23 Million Stock Holdings in MasTec, Inc. $MTZ

Natixis Advisors LLC lessened its holdings in MasTec, Inc. (NYSE:MTZ) by 16.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,837 shares of the construction company’s stock after selling 2,946 shares during the period. Natixis Advisors LLC’s holdings in MasTec were worth $3,225,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of MasTec in the fourth quarter worth $30,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of MasTec by 105.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock worth $61,000 after buying an additional 182 shares during the period. CI Investments Inc. boosted its position in shares of MasTec by 39.9% in the third quarter. CI Investments Inc. now owns 319 shares of the construction company’s stock worth $68,000 after buying an additional 91 shares during the period. Covestor Ltd boosted its position in shares of MasTec by 102.6% in the fourth quarter. Covestor Ltd now owns 314 shares of the construction company’s stock worth $68,000 after buying an additional 159 shares during the period. Finally, Harbour Investments Inc. boosted its position in shares of MasTec by 671.4% in the fourth quarter. Harbour Investments Inc. now owns 324 shares of the construction company’s stock worth $70,000 after buying an additional 282 shares during the period. Institutional investors and hedge funds own 78.10% of the company’s stock.

MasTec Price Performance

Shares of NYSE:MTZ opened at $353.72 on Wednesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.32 and a quick ratio of 1.28. The business has a 50-day moving average of $376.33 and a two-hundred day moving average of $295.22. The stock has a market capitalization of $27.95 billion, a P/E ratio of 61.95 and a beta of 1.77. MasTec, Inc. has a fifty-two week low of $153.82 and a fifty-two week high of $441.43.

MasTec (NYSE:MTZ) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.41. The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.47 billion. MasTec had a return on equity of 17.15% and a net margin of 2.94%.The firm’s revenue for the quarter was up 34.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.51 earnings per share. 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, equities research analysts predict that MasTec, Inc. will post 8.51 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on MTZ shares. Truist Financial raised their target price on MasTec from $425.00 to $518.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Mizuho raised their target price on MasTec from $428.00 to $498.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Wall Street Zen raised MasTec from a “hold” rating to a “buy” rating in a research report on Sunday, February 22nd. Robert W. Baird raised their target price on MasTec from $348.00 to $473.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. Finally, The Goldman Sachs Group lifted their price objective on MasTec from $348.00 to $487.00 and gave the company a “buy” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $459.28.

Insider Transactions at MasTec

In other news, Director Javier Alberto Palomarez sold 950 shares of MasTec stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $325.43, for a total value of $309,158.50. Following the transaction, the director directly owned 10,592 shares in the company, valued at approximately $3,446,954.56. The trade was a 8.23% 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, Director C Robert Campbell sold 3,000 shares of MasTec stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $417.00, for a total value of $1,251,000.00. Following the completion of the transaction, the director owned 30,646 shares in the company, valued at $12,779,382. The trade was a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 10,450 shares of company stock worth $3,972,764. Company insiders own 21.40% of the company’s stock.

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.