Dimensional Fund Advisors LP Sells 170,394 Shares of MasTec, Inc. $MTZ

Dimensional Fund Advisors LP reduced its stake in shares of MasTec, Inc. (NYSE:MTZ) by 15.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 935,004 shares of the construction company’s stock after selling 170,394 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.19% of MasTec worth $198,953,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC raised its holdings in MasTec by 344.4% in the third quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company’s stock worth $26,000 after purchasing an additional 93 shares in the last quarter. Caldwell Trust Co purchased a new stake in shares of MasTec during the second quarter valued at about $29,000. Parkside Financial Bank & Trust boosted its holdings in shares of MasTec by 253.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 191 shares of the construction company’s stock valued at $33,000 after buying an additional 137 shares in the last quarter. Evelyn Partners Asset Management Ltd bought a new stake in shares of MasTec in the 2nd quarter valued at about $43,000. Finally, Princeton Global Asset Management LLC purchased a new position in shares of MasTec in the 3rd quarter worth approximately $43,000. 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: MasTec reported a big increase in backlog — 18‑month backlog rose to $18.96B (up $4.7B year/year), signaling sustained demand across clean energy and power delivery projects that supports future revenue visibility. Read More.
• Positive Sentiment: Q4 results and FY guidance remain strong — MasTec beat Q4 revenue and EPS estimates and provided FY guidance, reinforcing growth expectations tied to infrastructure and AI/energy-related work. This helps justify recent analyst target increases. Read More.
• Positive Sentiment: Several firms raised price targets and reiterated buy/outperform views, lifting upside expectations and institutional interest (multiple target increases reported this week). Read More.
• Neutral Sentiment: Market commentary flagged profit‑taking after MasTec’s Q4 rally — some selling appears to be rotation tied to short‑term AI/infra enthusiasm rather than fundamental weakness. Read More.
• Negative Sentiment: Zacks Research downgraded MasTec from “strong‑buy” to “hold,” which can reduce buying from Zacks‑oriented investors and temper momentum. Read More.
• Negative Sentiment: Insider selling: Director Ernst N. Csiszar sold 6,500 shares (~$1.95M at ~$300.40), trimming his stake ~27%, a move that often spooks traders even if it isn’t company‑specific. Read More.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Zacks Research lowered shares of MasTec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. KeyCorp raised their target price on shares of MasTec from $264.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Stifel Nicolaus lifted their price target on shares of MasTec from $240.00 to $267.00 and gave the stock a “buy” rating in a report on Tuesday, December 16th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MasTec in a research report on Monday, December 29th. Finally, Barclays increased their price objective on MasTec from $240.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have issued 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 Stock Performance

Shares of MTZ stock opened at $285.39 on Monday. The business has a fifty day moving average of $253.65 and a 200 day moving average of $221.12. MasTec, Inc. has a 1 year low of $99.70 and a 1 year high of $310.36. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.32 and a quick ratio of 1.29. The firm has a market capitalization of $22.52 billion, a price-to-earnings ratio of 56.29 and a beta of 1.88.

MasTec (NYSE:MTZ) last posted its quarterly earnings results on Thursday, February 26th. The construction company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.13. MasTec had a return on equity of 15.62% and a net margin of 2.79%.The business had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.71 billion. During the same quarter in the previous year, the business earned $1.44 EPS. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. As a group, research analysts expect that MasTec, Inc. will post 3.44 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Ernst N. Csiszar sold 6,500 shares of the 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 transaction, the director owned 17,235 shares in the company, valued at approximately $5,177,394. This represents a 27.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 21.30% 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.