55 North Private Wealth LLC Takes $343,000 Position in MasTec, Inc. $MTZ

55 North Private Wealth LLC acquired a new stake in MasTec, Inc. (NYSE:MTZ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,580 shares of the construction company’s stock, valued at approximately $343,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT grew its position in shares of MasTec by 50.0% in the fourth quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 70,500 shares of the construction company’s stock valued at $15,325,000 after purchasing an additional 23,500 shares during the period. Chicago Capital LLC grew its position in MasTec by 190.3% during the fourth quarter. Chicago Capital LLC now owns 6,621 shares of the construction company’s stock valued at $1,439,000 after acquiring an additional 4,340 shares during the period. Merit Financial Group LLC grew its position in MasTec by 7.0% during the fourth quarter. Merit Financial Group LLC now owns 5,679 shares of the construction company’s stock valued at $1,234,000 after acquiring an additional 374 shares during the period. CWM LLC grew its position in MasTec by 1.9% during the fourth quarter. CWM LLC now owns 30,605 shares of the construction company’s stock valued at $6,653,000 after acquiring an additional 561 shares during the period. Finally, Farther Finance Advisors LLC grew its position in MasTec by 14.6% during the fourth quarter. Farther Finance Advisors LLC now owns 463 shares of the construction company’s stock valued at $101,000 after acquiring an additional 59 shares during the period. Hedge funds and other institutional investors own 78.10% of the company’s stock.

MasTec Trading Up 0.5%

Shares of MTZ opened at $372.90 on Monday. The company has a market capitalization of $29.39 billion, a P/E ratio of 73.55 and a beta of 1.80. MasTec, Inc. has a one year low of $109.68 and a one year high of $373.64. 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 50-day moving average price of $308.10 and a 200 day moving average price of $249.75.

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

Key Stories Impacting MasTec

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Stifel raised its price target on MTZ to $401 (from $335) and kept a Buy rating, citing record-high transmission surveys that boost near-term demand for transmission and utility work. Stifel Raises MasTec’s Price Target as Transmission Surveys Hit Record Highs
• Positive Sentiment: JPMorgan raised its MTZ price target to $386 and maintains an overweight view, reinforcing analyst-driven upside and supporting multiple expansion expectations. Benzinga
• Positive Sentiment: Equity research coverage highlights MTZ among heavy construction names poised to benefit from accelerating infrastructure, telecom, data center and energy investment — a demand tailwind for MasTec’s services. 5 Heavy Construction Stocks to Watch as Infrastructure Picks Up
• Positive Sentiment: Fundamentals: MasTec beat Q4 estimates (EPS and revenue) earlier this year and provided FY2026 guidance that supports higher earnings expectations — a driver for investor confidence and valuation re-ratings. (Background company results)
• Neutral Sentiment: KeyCorp reiterated an Overweight stance and published updated quarterly EPS forecasts (Q1: $0.92, Q2: $2.05, Q4: $2.46) with a $335 target — useful modeling detail but less bullish than the higher targets from Stifel/JPMorgan. KeyCorp estimates (MarketBeat)
• Neutral Sentiment: MasTec scheduled its Q1 2026 earnings conference call — a near-term event investors will watch for revenue, backlog and margin commentary that could confirm or temper recent analyst optimism. MasTec Schedules First Quarter 2026 Earnings Conference Call
• Neutral Sentiment: Media pieces noting MTZ’s recent surge and its contribution to broader market strength provide momentum but are descriptive rather than new fundamental catalysts. MasTec Inc Surge Signals Strength In Nyse Composite Index

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MTZ shares. Cantor Fitzgerald boosted their price target on MasTec from $274.00 to $347.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MasTec in a research report on Friday, March 27th. UBS Group upped their target price on MasTec from $354.00 to $420.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. JPMorgan Chase & Co. upped their target price on MasTec from $346.00 to $386.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, DA Davidson upped their target price on MasTec from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Seventeen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $325.33.

Insider Activity at MasTec

In other MasTec news, Director Javier Alberto Palomarez sold 950 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $325.43, for a total transaction of $309,158.50. Following the sale, the director owned 10,592 shares in the company, valued at $3,446,954.56. This represents a 8.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Ernst N. Csiszar sold 6,500 shares of the company’s 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 sale, the director owned 17,235 shares in the company, valued at $5,177,394. The trade was a 27.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 21.30% of the company’s stock.

About MasTec

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.