Is AI-Powered Infrastructure Turning MasTec Into a Bigger Winner?
MTZ's record backlog and AI-linked demand are powering growth, with a raised 2026 outlook and expanding data-center capabilities.
MTZ's record backlog and AI-linked demand are powering growth, with a raised 2026 outlook and expanding data-center capabilities.
Caisse de depot et placement du Quebec acquired a new stake in shares of MasTec, Inc. (NYSE: MTZ) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 10,844 shares of the construction company's stock, valued at approximately $4,512,000. Other hedge funds also recently made changes to
MasTec: Superior Adds Another Growth Engine As Earnings Accelerate
The accelerating buildout of fiber networks, data-center connectivity and other digital infrastructure is creating a multiyear opportunity for contractors with the scale and expertise to execute complex projects. Dycom Industries DY is heavily exposed to communications infrastructure, particularly fiber-to-the-home, long-haul and middle-mile fiber, while MasTec MTZ operates a broader infrastructure platform spanning communications, power delivery, clean energy, pipelines and mission-critical construction.
Algert Global LLC reduced its holdings in MasTec, Inc. (NYSE: MTZ) by 81.5% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,799 shares of the construction company's stock after selling 96,257 shares during the period. Algert Global
MTZ is building an end-to-end infrastructure platform, expanding electrical capabilities to capture more mission-critical and data center spending.
On August 24, 2026, MasTec Inc (MTZ) shares fell 4.1% to $255.36, reflecting a significant downturn in the stock's performance over recent weeks. The stock has
MasTec, Inc. MTZ and Quanta Services, Inc. PWR are two major beneficiaries of North America's infrastructure investment cycle. MasTec provides engineering and construction services across communications, power delivery, pipelines, clean energy and industrial infrastructure, while Quanta specializes in electric power, utility, renewable energy, communications and other critical infrastructure solutions.
MTZ's Superior acquisition adds electrical expertise, cross-selling potential and broader exposure to AI-driven data center infrastructure.
Bruni J V and Co. Co. bought a new stake in MasTec, Inc. (NYSE: MTZ) during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 16,125 shares of the construction company's stock, valued at approximately $6,708,968,000. MasTec makes up about 0.6%
Fielder Capital Group LLC purchased a new stake in MasTec, Inc. (NYSE: MTZ) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,038 shares of the construction company's stock, valued at approximately $848,000. Other hedge funds and other institutional investors
MasTec, Inc. MTZ has expanded its contracted work across power delivery, clean energy, pipeline and mission-critical infrastructure. Demand for grid modernization, power generation, renewables and natural gas infrastructure is supporting new project awards.
MasTec, Inc. MTZ has delivered a strong run in 2026, with shares gaining 25.9% year to date. The stock has outperformed the Zacks Building Products - Heavy Construction industry's 21.8% rise, the Zacks Construction sector's 11.9% gain and the S&P 500 Index's 13.1% advance.
MTZ's record Q2 revenues, 40% EBITDA growth and $21.4B backlog underpin its raised 2026 outlook despite Communications delays.
Investors need to pay close attention to MTZ stock based on the movements in the options market lately.
CORAL GABLES, Fla.--(BUSINESS WIRE)--MasTec, Inc. (NYSE: MTZ) (“MasTec”) today announced the pricing of its public offering of $650,000,000 aggregate principal amount of senior notes due 2036. The notes will pay interest semi-annually at a rate of 5.850% and will mature on September 30, 2036. The notes were priced at 99.656%. The notes will be MasTec's senior unsecured obligations and will rank equal in right of payment with all existing and future senior unsecured indebtedness of MasTec, and s.
MTZ raises its 2026 outlook after record Q2 results, citing strong infrastructure demand, a record backlog, and expanding data center exposure.
MasTec NYSE: MTZ reported second-quarter 2026 revenue of $4.374 billion, up 23% from a year earlier, as growth in its power delivery, pipeline and clean energy businesses offset emerging pressure in communications. Adjusted EBITDA increased 40% year over year to $384 million, while adjusted earnings per share rose 49% to $2.22.
MasTec, Inc. (MTZ) Q2 2026 Earnings Call Transcript
Although the revenue and EPS for MasTec (MTZ) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.