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Schroder Investment Boosts Stake in MasTec Construction Firm
Investment group increases ownership in infrastructure company by over 80% in Q3
Mar. 13, 2026 at 9:36am
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Schroder Investment Management Group grew its position in MasTec, Inc. (NYSE:MTZ) by 81.6% during the 3rd quarter, according to a recent SEC filing. The fund now owns 131,787 shares of the construction company's stock, worth approximately $28 million.
Why it matters
MasTec is a major player in the infrastructure construction industry, providing services for communications networks, oil and gas pipelines, electrical transmission, and renewable energy projects across North America. Schroder's increased stake signals confidence in the company's growth potential.
The details
Schroder Investment Management Group purchased an additional 59,228 shares of MasTec in the third quarter, bringing its total ownership to 131,787 shares or about 0.17% of the company. MasTec's stock has seen a significant run-up over the past year, rising from around $100 per share to over $300 per share as the company benefits from increased infrastructure spending.
- Schroder Investment Management Group filed its 13F report for the 3rd quarter of 2026.
The players
Schroder Investment Management Group
A global asset management firm that oversees over $1 trillion in client assets.
MasTec, Inc.
A diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets.
The takeaway
Schroder's increased stake in MasTec suggests the investment firm sees strong growth potential in the infrastructure construction company as it benefits from rising demand for its services across the communications, energy, and renewable sectors.
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