WINTON GROUP Ltd raised its stake in shares of Masco Corporation (NYSE:MAS – Free Report) by 3.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 274,667 shares of the construction company’s stock after acquiring an additional 8,586 shares during the period. Masco makes up approximately 0.6% of WINTON GROUP Ltd’s holdings, making the stock its 13th biggest position. WINTON GROUP Ltd owned approximately 0.13% of Masco worth $17,430,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Vise Technologies Inc. lifted its stake in Masco by 6.4% during the 4th quarter. Vise Technologies Inc. now owns 10,420 shares of the construction company’s stock valued at $661,000 after acquiring an additional 625 shares during the period. Daiwa Securities Group Inc. lifted its stake in Masco by 5.1% during the 4th quarter. Daiwa Securities Group Inc. now owns 45,366 shares of the construction company’s stock valued at $2,879,000 after acquiring an additional 2,187 shares during the period. State of Wyoming lifted its stake in Masco by 44.7% during the 4th quarter. State of Wyoming now owns 10,335 shares of the construction company’s stock valued at $656,000 after acquiring an additional 3,192 shares during the period. Cibc World Market Inc. lifted its stake in Masco by 8.3% during the 4th quarter. Cibc World Market Inc. now owns 17,440 shares of the construction company’s stock valued at $1,107,000 after acquiring an additional 1,338 shares during the period. Finally, WCG Wealth Advisors LLC lifted its stake in Masco by 130.8% during the 4th quarter. WCG Wealth Advisors LLC now owns 30,641 shares of the construction company’s stock valued at $1,945,000 after acquiring an additional 17,363 shares during the period. Institutional investors own 93.91% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on MAS. Barclays increased their price objective on shares of Masco from $65.00 to $78.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 22nd. Zelman & Associates cut shares of Masco to a “hold” rating in a research note on Wednesday, February 11th. BMO Capital Markets lowered their price objective on shares of Masco from $77.00 to $75.00 and set a “market perform” rating on the stock in a research note on Monday, April 20th. Robert W. Baird increased their price objective on shares of Masco from $72.00 to $80.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Finally, Oppenheimer reiterated an “outperform” rating and issued a $88.00 price objective on shares of Masco in a research note on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $80.07.
Masco Price Performance
Shares of NYSE:MAS opened at $69.42 on Friday. The firm’s 50 day moving average price is $66.97 and its 200-day moving average price is $66.71. Masco Corporation has a twelve month low of $58.16 and a twelve month high of $79.19. The company has a quick ratio of 1.11, a current ratio of 1.75 and a debt-to-equity ratio of 109.07. The stock has a market capitalization of $14.00 billion, a PE ratio of 17.23, a price-to-earnings-growth ratio of 1.72 and a beta of 1.31.
Masco (NYSE:MAS – Get Free Report) last released its earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.16. The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.07 billion. Masco had a net margin of 10.90% and a return on equity of 815.20%. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Equities research analysts expect that Masco Corporation will post 4.25 EPS for the current year.
Masco Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Friday, May 22nd will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, May 22nd. Masco’s dividend payout ratio is currently 31.76%.
Masco announced that its board has initiated a stock buyback program on Tuesday, February 10th that permits the company to repurchase $2.00 billion in 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 generally a sign that the company’s management believes its stock is undervalued.
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.
See Also
- Five stocks we like better than Masco
- MarketBeat Week in Review – 06/01 – 06/05
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
Want to see what other hedge funds are holding MAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Masco Corporation (NYSE:MAS – Free Report).
Receive News & Ratings for Masco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masco and related companies with MarketBeat.com's FREE daily email newsletter.
