MasTec
About: MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: communications; clean energy and infrastructure; oil and gas; power delivery; and other.
Employees: 34,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
131% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 35
67% more funds holding in top 10
Funds holding in top 10: 9 [Q1] → 15 (+6) [Q2]
21% more call options, than puts
Call options by funds: $133M | Put options by funds: $110M
15% more capital invested
Capital invested by funds: $5.51B [Q1] → $6.35B (+$840M) [Q2]
12% more funds holding
Funds holding: 377 [Q1] → 423 (+46) [Q2]
0.08% more ownership
Funds ownership: 74.53% [Q1] → 74.61% (+0.08%) [Q2]
11% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 148
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Stifel Brian Brophy 100% 1-year accuracy 2 / 2 met price target | 18%upside $150 | Buy Maintained | 10 Oct 2024 |
Truist Securities Jamie Cook 77% 1-year accuracy 41 / 53 met price target | 5%upside $133 | Hold Maintained | 9 Oct 2024 |
Goldman Sachs Neil Mehta 36% 1-year accuracy 9 / 25 met price target | 2%upside $130 | Neutral Maintained | 9 Oct 2024 |
Keybanc Sangita Jain 94% 1-year accuracy 33 / 35 met price target | 14%upside $145 | Overweight Maintained | 8 Oct 2024 |
JP Morgan Drew Chamberlain 0 / 0 met price target | 20%upside $153 | Overweight Initiated | 7 Oct 2024 |
Financial journalist opinion
Based on 4 articles about MTZ published over the past 30 days