US Bancorp DE Reduces Stake in MasTec, Inc.

The financial services company lowered its holdings in the construction firm by nearly a third in the third quarter.

Mar. 3, 2026 at 7:47am

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According to a recent SEC filing, US Bancorp DE reduced its stake in MasTec, Inc. (NYSE:MTZ) by 30.9% during the third quarter. The firm now owns 21,863 shares of the construction company's stock, down from 31,637 shares previously, worth approximately $4.65 million.

Why it matters

This move by a major institutional investor like US Bancorp DE could signal a shift in sentiment around MasTec, which has seen its stock price rise significantly over the past year. The reduction in holdings may indicate concerns about the company's future performance or valuation.

The details

In its 13F filing, US Bancorp DE reported selling 9,774 shares of MasTec during the third quarter. The financial services firm now holds a $4.65 million position in the construction company, down from a previous stake valued at around $6.74 million.

  • US Bancorp DE filed the 13F report detailing the stake reduction on March 3, 2026.
  • The transactions occurred during the third quarter of 2025.

The players

US Bancorp DE

A major financial services company and institutional investor.

MasTec, Inc.

A diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across various end markets.

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The takeaway

The reduction in US Bancorp DE's stake in MasTec could signal a shift in investor sentiment around the construction firm, which has seen its stock price rise significantly over the past year. This move by a major institutional investor bears watching as it may foreshadow broader concerns about MasTec's future performance or valuation.