Savant Capital LLC Sells 7,372 Shares of Masco Corporation $MAS

Savant Capital LLC lessened its stake in shares of Masco Corporation (NYSE:MAS) by 54.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,185 shares of the construction company’s stock after selling 7,372 shares during the period. Savant Capital LLC’s holdings in Masco were worth $393,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Rossby Financial LCC raised its position in shares of Masco by 134.2% during the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock valued at $26,000 after buying an additional 212 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in shares of Masco during the 3rd quarter valued at about $26,000. Bogart Wealth LLC raised its position in shares of Masco by 2,550.0% during the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after buying an additional 408 shares in the last quarter. Community Bank N.A. purchased a new stake in shares of Masco during the 3rd quarter valued at about $34,000. Finally, Headlands Technologies LLC raised its position in shares of Masco by 114.5% during the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after buying an additional 293 shares in the last quarter. Institutional investors own 93.91% of the company’s stock.

Masco Stock Performance

Masco stock opened at $69.42 on Friday. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $79.19. The firm has a market capitalization of $14.00 billion, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 1.72 and a beta of 1.31. The company’s 50-day moving average is $66.97 and its 200 day moving average is $66.71.

Masco (NYSE:MAS) last posted its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.16. Masco had a net margin of 10.90% and a return on equity of 815.20%. The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period in the prior year, the company posted $0.87 EPS. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Research analysts forecast that Masco Corporation will post 4.25 EPS for the current year.

Masco announced that its board has authorized a share buyback program on Tuesday, February 10th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the construction company to purchase up to 13.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Masco Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Friday, May 22nd will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Friday, May 22nd. Masco’s dividend payout ratio is 31.76%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research report on Thursday, April 23rd. JPMorgan Chase & Co. upped their target price on shares of Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Weiss Ratings cut shares of Masco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. The Goldman Sachs Group upped their target price on shares of Masco from $79.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Bank of America decreased their target price on shares of Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Masco currently has a consensus rating of “Hold” and an average target price of $80.07.

Masco Company Profile

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.