Analysts Set MasTec, Inc. (NYSE:MTZ) Target Price at $295.72

Shares of MasTec, Inc. (NYSE:MTZ) have earned a consensus rating of “Moderate Buy” from the twenty brokerages that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $295.7222.

MTZ has been the topic of several recent research reports. Jefferies Financial Group upped their price objective on shares of MasTec from $271.00 to $348.00 and gave the company a “buy” rating in a report on Friday, March 13th. Wolfe Research reissued an “outperform” rating and issued a $326.00 price target on shares of MasTec in a research report on Monday, March 2nd. Wall Street Zen upgraded shares of MasTec from a “hold” rating to a “buy” rating in a research note on Sunday, February 22nd. Zacks Research downgraded shares of MasTec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, TD Cowen lifted their price objective on shares of MasTec from $225.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, March 2nd.

MasTec Stock Performance

Shares of MTZ stock opened at $300.79 on Friday. 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 50-day moving average of $268.88 and a 200-day moving average of $229.66. MasTec has a one year low of $99.70 and a one year high of $316.19. The company has a market cap of $23.73 billion, a P/E ratio of 59.33 and a beta of 1.88.

MasTec (NYSE:MTZ) last released its quarterly earnings results 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. The business had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.71 billion. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the previous year, the company earned $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. Equities research analysts forecast that MasTec will post 3.44 EPS for the current fiscal year.

Insider Buying and Selling at MasTec

In related news, Director Ernst N. Csiszar sold 6,500 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $300.40, for a total transaction of $1,952,600.00. Following the sale, the director directly owned 17,235 shares in the company, valued at approximately $5,177,394. The trade was a 27.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 21.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in MTZ. Vanguard Group Inc. lifted its holdings in shares of MasTec by 0.6% in the third quarter. Vanguard Group Inc. now owns 6,007,192 shares of the construction company’s stock worth $1,278,391,000 after buying an additional 34,899 shares in the last quarter. Victory Capital Management Inc. increased its holdings in MasTec by 178.6% during the 4th quarter. Victory Capital Management Inc. now owns 2,637,451 shares of the construction company’s stock worth $573,304,000 after acquiring an additional 1,690,896 shares during the period. Invesco Ltd. increased its holdings in MasTec by 6.1% during the 2nd quarter. Invesco Ltd. now owns 1,765,049 shares of the construction company’s stock worth $300,817,000 after acquiring an additional 102,072 shares during the period. Hood River Capital Management LLC lifted its stake in MasTec by 8.9% in 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 purchasing an additional 138,269 shares in the last quarter. Finally, Peconic Partners LLC lifted its stake in MasTec by 113.3% in the 4th quarter. Peconic Partners LLC now owns 1,600,000 shares of the construction company’s stock worth $347,792,000 after purchasing an additional 850,000 shares in the last quarter. Hedge funds and other institutional investors own 78.10% 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.