MasTec, Inc. (NYSE:MTZ) Receives $309.50 Average Target Price from Analysts

Shares of MasTec, Inc. (NYSE:MTZ) have received a consensus recommendation of “Moderate Buy” from the twenty brokerages that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and seventeen have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $317.8889.

MTZ has been the subject of several analyst reports. Citigroup lifted their price objective on shares of MasTec from $284.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. TD Cowen lifted their price objective on shares of MasTec from $225.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. JPMorgan Chase & Co. lifted their price objective on shares of MasTec from $346.00 to $386.00 and gave the stock an “overweight” rating in a research note on Thursday. Wall Street Zen upgraded shares of MasTec from a “hold” rating to a “buy” rating in a research note on Sunday, February 22nd. Finally, DA Davidson lifted their price objective on shares of MasTec from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd.

Insider Activity

In other MasTec news, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction dated 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 directly owned 17,235 shares of the company’s stock, valued at $5,177,394. This trade represents a 27.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Javier Alberto Palomarez sold 950 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $325.43, for a total transaction of $309,158.50. Following the completion of the transaction, the director directly owned 10,592 shares in the company, valued at approximately $3,446,954.56. This represents a 8.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 21.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On MasTec

Several hedge funds have recently bought and sold shares of MTZ. Brighton Jones LLC bought a new position in MasTec in the 4th quarter valued at about $227,000. NewEdge Advisors LLC increased its holdings in MasTec by 32.6% in the 1st quarter. NewEdge Advisors LLC now owns 4,408 shares of the construction company’s stock valued at $514,000 after buying an additional 1,083 shares during the period. Sivia Capital Partners LLC bought a new position in MasTec in the 2nd quarter valued at about $271,000. Northwestern Mutual Wealth Management Co. increased its holdings in MasTec by 105.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock valued at $61,000 after buying an additional 182 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in MasTec by 793.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,027 shares of the construction company’s stock valued at $175,000 after buying an additional 912 shares during the period. 78.10% of the stock is owned by institutional investors.

MasTec Stock Performance

NYSE MTZ opened at $358.26 on Tuesday. The firm has a 50-day moving average of $305.81 and a 200-day moving average of $248.12. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.29 and a current ratio of 1.32. The stock has a market cap of $28.24 billion, a PE ratio of 70.66 and a beta of 1.80. MasTec has a 52-week low of $109.68 and a 52-week high of $371.62.

MasTec (NYSE:MTZ) last issued its quarterly earnings data on Thursday, February 26th. The construction company reported $2.07 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.13. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The business had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.71 billion. During the same quarter in the previous year, the company earned $1.44 EPS. The business’s revenue was up 15.8% on a year-over-year basis. 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, sell-side analysts anticipate that MasTec will post 3.44 EPS for the current year.

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.