Billionaire Daniel Loeb boosts APi Group and MasTec shares, cuts Comfort Systems in Q4 FY25.

Billionaire investor Daniel Loeb, through Third Point LLC, increased holdings in construction stocks APi Group and MasTec during Q4 FY25, acquiring 3 million shares of APi Group and adding 200,000 shares of MasTec. Meanwhile, he cut his stake in Comfort Systems by 47% to 105,000 shares. APi Group reported strong Q1 earnings with EPS beating estimates and raised its FY2026 revenue guidance. MasTec also posted impressive earnings and raised its full-year EPS and revenue outlook, prompting several analysts to raise price targets. These moves reflect confidence in select construction firms amid solid financial performance and growth prospects.