<div id="readability-page-1"><p>Shares of MasTec, Inc. (NYSE:MTZ - Get Free Report) have been assigned a consensus rating of &#34;Moderate Buy&#34; from the twenty-one research firms that are currently  covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating, sixteen have assigned  a buy rating and two have issued  a strong buy rating on  the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $229.4444.</p><ul><li>This infrastructure construction stock: Is it ready to pop?</li></ul><p>MTZ has been the topic of a number of analyst reports. Mizuho  set a $254.00 price objective on shares of MasTec in a report on Monday, November 3rd. Truist Financial lifted their target price on MasTec from $248.00 to $253.00 and gave the stock a &#34;buy&#34; rating in a research note on Monday, November 3rd. KeyCorp lifted their price objective on shares of MasTec from $236.00 to $246.00 and gave the stock an &#34;overweight&#34; rating in a research report on Monday, November 3rd. JPMorgan Chase &amp; Co. raised their target price on MasTec from $214.00 to $235.00 and gave the stock an &#34;overweight&#34; rating in a research report on Thursday, October 16th. Finally, Jefferies Financial Group lifted their price objective on MasTec from $218.00 to $252.00 and gave the stock a &#34;buy&#34; rating in a report on Wednesday, October 1st.</p><p><b>Read Our Latest Research Report on MTZ</b></p><h2>Insider Buying and Selling</h2><ul><li>Rate cuts could send MasTec stock earnings through the roof</li></ul><p>In related news, CAO Timothy Michael Love sold 1,929 shares of MasTec stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $206.15, for a total value of $397,663.35. Following the completion of the transaction, the chief accounting officer directly owned 9,757 shares in the company, valued at approximately $2,011,405.55. The trade was a 16.51% decrease in their position. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through this hyperlink. Also, COO Robert E. Apple sold 10,000 shares of the firm's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $200.44, for a total value of $2,004,400.00. Following the completion of the transaction, the chief operating officer directly owned 184,249 shares of the company's stock, valued at $36,930,869.56. The trade was a 5.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 16,929 shares of company stock valued at $3,394,013. Company insiders own  21.30% of the company's stock. </p><h2>Hedge Funds Weigh In On MasTec</h2><p>Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in  MasTec by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 6,007,192 shares of the construction company's stock valued at $1,278,391,000 after purchasing an additional 34,899 shares during the period.  Hill City Capital LP boosted its position in shares of  MasTec by 0.7% during the 1st quarter. Hill City Capital LP now owns 2,145,000 shares of the construction company's stock valued at $250,343,000 after acquiring an additional 15,000 shares during the last quarter.  Invesco Ltd. boosted its position in shares of  MasTec by 6.1% during the 2nd quarter. Invesco Ltd. now owns 1,765,049 shares of the construction company's stock valued at $300,817,000 after acquiring an additional 102,072 shares during the last quarter.  Hood River Capital Management LLC increased its position in shares of  MasTec by 8.9% in the second 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 during the last quarter.  Finally, Dimensional Fund Advisors LP raised its stake in  MasTec by 3.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,219,695 shares of the construction company's stock valued at $142,331,000 after purchasing an additional 39,622 shares in the last quarter. Hedge funds and other institutional investors own  78.10% of the company's stock. </p><h2>MasTec Stock Down 0.3%</h2><ul><li>Construction activity suddenly booming, 3 stocks you can't miss</li></ul><p>MTZ stock opened at $219.99 on Wednesday. The stock's 50 day moving average is $206.44 and its 200-day moving average is $187.43. MasTec has a twelve month low of $99.70 and a twelve month high of $225.49. The firm has a market capitalization of $17.36 billion, a PE ratio of 52.25 and a beta of 1.94. The company has a quick ratio of 1.30, a current ratio of 1.33 and a debt-to-equity ratio of 0.69. </p><h2>About MasTec</h2> (Get Free Report)<p>MasTec, Inc, an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than MasTec</li><li>There Are Different Types of Stock To Invest In</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>Diversification Can Smooth Returns And Mitigate Portfolio Risk</li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1UWg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1UWg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in MasTec Right Now?</h2><p>Before you consider MasTec, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MasTec wasn't on the list.</p><p>While MasTec currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>MasTec, Inc. (NYSE:MTZ) has received a "Moderate Buy" consensus rating from 21 research firms, with an average 1-year target price of $229.44. Analysts have set various target prices, with Mizuho at $254.00, Truist Financial at $253.00, KeyCorp at $246.00, JPMorgan Chase & Co. at $235.00, and Jefferies Financial Group at $252.00. Recent insider sales include CAO Timothy Michael Love and COO Robert E. Apple. Hedge funds own 78.10% of the stock. MasTec's stock opened at $219.99, with a market cap of $17.36 billion.</p>

MasTec, Inc. (NYSE:MTZ) Given Average Recommendation of "Moderate Buy" by Brokerages