Secured Retirement Advisors LLC Purchases Shares of 15,171 Masco Corporation $MAS

Secured Retirement Advisors LLC acquired a new stake in Masco Corporation (NYSE:MAS) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 15,171 shares of the construction company’s stock, valued at approximately $916,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Covestor Ltd increased its stake in Masco by 20.7% in the fourth quarter. Covestor Ltd now owns 829 shares of the construction company’s stock valued at $53,000 after acquiring an additional 142 shares during the period. Ritholtz Wealth Management lifted its stake in Masco by 3.9% during the first quarter. Ritholtz Wealth Management now owns 4,017 shares of the construction company’s stock worth $242,000 after purchasing an additional 150 shares during the period. Andina Capital Management LLC boosted its holdings in Masco by 2.4% during the fourth quarter. Andina Capital Management LLC now owns 6,565 shares of the construction company’s stock valued at $417,000 after purchasing an additional 154 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its holdings in Masco by 3.5% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 4,945 shares of the construction company’s stock valued at $314,000 after purchasing an additional 167 shares in the last quarter. Finally, Nelson Capital Management LLC grew its stake in shares of Masco by 0.4% in the 3rd quarter. Nelson Capital Management LLC now owns 38,516 shares of the construction company’s stock valued at $2,711,000 after purchasing an additional 171 shares during the period. 93.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on MAS shares. Citigroup cut their target price on Masco from $84.00 to $79.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Bank of America lowered their price target on Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Wells Fargo & Company increased their price objective on Masco from $70.00 to $82.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada boosted their target price on shares of Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday, April 23rd. Finally, UBS Group boosted their target price on shares of Masco from $96.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Masco has an average rating of “Hold” and a consensus price target of $80.07.

Masco Stock Up 0.6%

NYSE MAS opened at $81.85 on Thursday. The firm has a market cap of $16.51 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 2.01 and a beta of 1.28. Masco Corporation has a one year low of $58.16 and a one year high of $82.90. The stock’s 50 day simple moving average is $71.86 and its 200 day simple moving average is $68.35. 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 (NYSE:MAS) last issued its quarterly 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. Masco had a net margin of 10.90% and a return on equity of 815.20%. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.07 billion. During the same quarter in the prior year, the company earned $0.87 EPS. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, sell-side analysts forecast that Masco Corporation will post 4.25 earnings per share for the current fiscal year.

Masco Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Friday, May 22nd were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, May 22nd. Masco’s dividend payout ratio (DPR) is presently 31.76%.

Masco declared that its board has initiated a share repurchase plan on Thursday, May 7th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the construction company to repurchase up to 2.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

About Masco

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.