Sanctuary Advisors LLC boosted its holdings in shares of Masco Corporation (NYSE:MAS – Free Report) by 13.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 66,650 shares of the construction company’s stock after acquiring an additional 7,978 shares during the quarter. Sanctuary Advisors LLC’s holdings in Masco were worth $4,024,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Covestor Ltd raised its holdings in shares of Masco by 20.7% during the 4th quarter. Covestor Ltd now owns 829 shares of the construction company’s stock valued at $53,000 after purchasing an additional 142 shares in the last quarter. Ritholtz Wealth Management boosted its holdings in Masco by 3.9% in 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 in the last quarter. Andina Capital Management LLC boosted its holdings in Masco by 2.4% in the fourth quarter. Andina Capital Management LLC now owns 6,565 shares of the construction company’s stock worth $417,000 after purchasing an additional 154 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its position 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 worth $314,000 after buying an additional 167 shares during the last quarter. Finally, Fayez Sarofim & Co increased its position in Masco by 0.7% during the fourth quarter. Fayez Sarofim & Co now owns 26,075 shares of the construction company’s stock worth $1,655,000 after buying an additional 180 shares during the last quarter. 93.91% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Masco
Here are the key news stories impacting Masco this week:
- Positive Sentiment: Zacks Research upgraded Masco to strong-buy from hold, a bullish signal that can support investor sentiment. Zacks.com
- Positive Sentiment: The analyst lifted near- and medium-term EPS forecasts, including Q1 2027 to $1.10, Q2 2027 to $1.35, Q3 2027 to $1.18, and Q4 2027 to $1.07, suggesting stronger expected earnings momentum.
- Positive Sentiment: FY2027 EPS was increased to $4.69 from $4.64, and FY2028 EPS was raised to $5.25 from $5.19, reinforcing the view that earnings may continue to grow.
- Neutral Sentiment: Zacks also nudged its Q2 2028 EPS estimate higher to $1.43 from $1.41 and Q1 2028 EPS to $1.22 from $1.21.
Analysts Set New Price Targets
Read Our Latest Research Report on Masco
Masco Stock Performance
MAS opened at $78.60 on Monday. 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’s 50 day moving average price is $73.45 and its two-hundred day moving average price is $69.56. The firm has a market capitalization of $15.86 billion, a P/E ratio of 19.50, a price-to-earnings-growth ratio of 1.94 and a beta of 1.29. Masco Corporation has a 12-month low of $58.16 and a 12-month high of $83.21.
Masco (NYSE:MAS – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The construction company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 815.20% and a net margin of 10.90%.The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.87 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, equities analysts forecast that Masco Corporation will post 4.25 earnings per share for the current year.
Masco Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Friday, May 22nd were issued a $0.32 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a yield of 1.6%. Masco’s dividend payout ratio is 31.76%.
Masco declared that its board has initiated a stock repurchase program on Thursday, May 7th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.
Masco 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.
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