MasTec (NYSE:MTZ) Shares Purchased Rep. Thomas H. Kean, Jr.

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of MasTec, Inc. (NYSE:MTZ). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in MasTec stock on August 21st. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 7/22/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/22/2026.
• Purchased $1,001 – $15,000 in shares of Toast (NYSE:TOST) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 7/7/2026.
• Purchased $1,001 – $15,000 in shares of EQT (NYSE:EQT) on 7/7/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.

MasTec Price Performance

Shares of NYSE MTZ opened at $227.41 on Tuesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.40 and a quick ratio of 1.37. MasTec, Inc. has a 1 year low of $182.34 and a 1 year high of $441.43. The stock has a market capitalization of $18.26 billion, a P/E ratio of 36.27 and a beta of 1.82. The company’s 50-day moving average is $290.03 and its 200 day moving average is $334.90.

MasTec (NYSE:MTZ) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $2.22 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.01). The company had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.30 billion. MasTec had a net margin of 3.07% and a return on equity of 18.08%. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. During the same period last year, the business earned $1.49 EPS. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. On average, sell-side analysts expect that MasTec, Inc. will post 8.9 earnings per share for the current year.

Institutional Trading of MasTec

A number of institutional investors have recently modified their holdings of the company. Gables Capital Management Inc. raised its stake in MasTec by 30.3% in the fourth quarter. Gables Capital Management Inc. now owns 21,054 shares of the construction company’s stock valued at $4,577,000 after buying an additional 4,900 shares in the last quarter. TFR Capital LLC. acquired a new position in MasTec in the second quarter valued at approximately $1,978,000. Bruni J V & Co. Co. purchased a new position in MasTec in the second quarter valued at approximately $6,708,968. Ameritas Advisory Services LLC increased its stake in MasTec by 4,223.4% in the fourth quarter. Ameritas Advisory Services LLC now owns 2,767 shares of the construction company’s stock valued at $601,000 after purchasing an additional 2,703 shares during the last quarter. Finally, Fidelis Capital Partners LLC raised its holdings in MasTec by 36.0% during the fourth quarter. Fidelis Capital Partners LLC now owns 11,952 shares of the construction company’s stock worth $2,598,000 after purchasing an additional 3,163 shares in the last quarter. 78.10% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MTZ. Truist Financial reissued a “buy” rating and issued a $428.00 price objective (down from $550.00) on shares of MasTec in a research note on Monday, August 3rd. Morgan Stanley set a $369.00 price target on shares of MasTec in a research note on Friday, July 31st. Citigroup lowered their target price on MasTec from $483.00 to $408.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. Zacks Research downgraded MasTec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 26th. Finally, Weiss Ratings cut shares of MasTec from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $422.00.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

MasTec Company Profile

MasTec, Inc is an infrastructure construction and engineering company that serves communications, energy and utility customers. The company provides design, construction, installation, maintenance and upgrade services for infrastructure projects across the United States and, in certain activities, Canada.

MasTec’s communications business supports wireless, wireline and broadband networks, including fiber-optic systems, 5G infrastructure and other communications facilities. Its energy and infrastructure operations serve electric utilities, renewable energy developers and other industrial customers through services such as power transmission and distribution construction, solar and wind project development, pipeline construction and other related infrastructure work.

MasTec traces its roots to the telecommunications and utility construction businesses and was formed as MasTec in 1994.