Billionaire Investor Quietly Loads Up On Construction Stocks As One Gets The Axe
View original at finance.yahoo.comBillionaire Investor Quietly Loads Up On Construction Stocks As One Gets The Axe Hedge fund billionaire Daniel Loeb reshuffled his exposure in the construction & engineering industry at Third Point LLC in the fourth quarter of FY25…
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Citigroup raised its MasTec forecast from $440 to $483
60% confidenceMizuho raised its MasTec price forecast from $428 to $498
60% confidenceBarclays raised its APi Group price forecast from $52 to $54
60% confidenceAPi Group raised its FY2026 revenue guidance to $8.48B–$8.68B from the prior range of $8.40B–$8.60B, versus analyst estimates of $8.53B
60% confidenceAPi Group Q1 2026 EPS was $0.32, beating analyst estimates of $0.30 and rising 28% year over year
60% confidenceTruist Financial raised its MasTec forecast from $425 to $518
60% confidenceMasTec sees full-year FY26 revenue of about $17.5 billion, above Wall Street expectations of $17.04 billion
60% confidenceGoldman Sachs raised its MasTec forecast from $348 to $487
60% confidenceAPi Group Q1 2026 revenue increased 15.3% YoY to $1.98 billion, ahead of the $1.92 billion consensus estimate
60% confidenceAPi Group forecasts Q2 2026 revenue of $2.18B–$2.23B, above the consensus estimate of $2.16B
60% confidenceTruist Securities raised its APi Group price forecast from $53 to $55
60% confidenceMasTec anticipates Q2 2026 revenue of approximately $4.3 billion versus the $4.2 billion consensus estimate
60% confidenceMasTec raised its FY26 adjusted EPS guidance from $8.40 to $8.79, above the analyst consensus of $8.51
60% confidenceTD Cowen raised its MasTec estimate from $320 to $445
60% confidenceAPi Group priced a private offering of $500M in 5.75% senior unsecured notes due 2034, with proceeds primarily funding acquisitions of Onyx-Fire Protection Services and Wtech Fire Group
60% confidenceMasTec Q1 2026 revenue climbed 34.5% YoY to $3.83 billion, ahead of the $3.49 billion consensus estimate
60% confidenceMasTec Q1 2026 EPS was $1.39, surpassing analyst estimates of $0.99 and rising sharply from $0.51 a year earlier
60% confidenceMasTec expects Q2 2026 adjusted EPS of $2.20, above analyst projections of $2.12
60% confidenceRobert W. Baird raised its MasTec forecast from $348 to $473
60% confidenceUBS raised its APi Group price forecast from $54 to $56
60% confidence
Data points we hold from this source
| Barclays · analyst price target | 54 USD |
| UBS Group AG · analyst price target | 56 USD |
| Goldman Sachs & Co. LLC · analyst price target | 487 USD |