MasTecMTZ
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: 33,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
75% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 51
41% more call options, than puts
Call options by funds: $153M | Put options by funds: $109M
11% more capital invested
Capital invested by funds: $6.4B [Q2] → $7.08B (+$685M) [Q3]
9% more funds holding
Funds holding: 424 [Q2] → 462 (+38) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 15 [Q2] → 15 (+0) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 145
2.4% less ownership
Funds ownership: 75.16% [Q2] → 72.76% (-2.4%) [Q3]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Truist Securities Jamie Cook 64% 1-year accuracy 51 / 80 met price target | 37%upside $189 | Buy Maintained | 19 Dec 2024 |
Stifel Brian Brophy 55% 1-year accuracy 6 / 11 met price target | 12%upside $155 | Buy Maintained | 11 Dec 2024 |
B. Riley Securities Alex Rygiel 49% 1-year accuracy 17 / 35 met price target | 20%upside $166 | Buy Reiterated | 5 Nov 2024 |
Craig-Hallum Christian Schwab 56% 1-year accuracy 19 / 34 met price target | 8%upside $150 | Buy Maintained | 4 Nov 2024 |
TD Cowen Marc Bianchi 47% 1-year accuracy 14 / 30 met price target | 16%upside $160 | Buy Maintained | 4 Nov 2024 |
Financial journalist opinion
Based on 12 articles about MTZ published over the past 30 days
