192,088 Shares in Masco Corporation $MAS Acquired by Empowered Funds LLC

Empowered Funds LLC acquired a new stake in Masco Corporation (NYSE:MAS) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 192,088 shares of the construction company’s stock, valued at approximately $15,630,000. Empowered Funds LLC owned approximately 0.10% of Masco as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Bard Associates Inc. bought a new stake in shares of Masco in the 4th quarter worth approximately $25,000. Sunbelt Securities Inc. purchased a new position in Masco during the 3rd quarter valued at about $26,000. Bogart Wealth LLC lifted its holdings in shares of Masco by 2,550.0% during the fourth quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after purchasing an additional 408 shares during the last quarter. Bell Investment Advisors Inc purchased a new position in Masco during the second quarter valued at $32,000. Finally, Headlands Technologies LLC boosted its stake in Masco by 114.5% in the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after purchasing an additional 293 shares in the last quarter. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Wells Fargo & Company upped their price target on Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Zacks Research downgraded shares of Masco from a “strong-buy” rating to a “hold” rating in a report on Friday, August 14th. DA Davidson assumed coverage on shares of Masco in a research note on Monday. They set a “neutral” rating and a $80.00 target price for the company. Barclays dropped their price objective on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Finally, UBS Group lowered their price target on Masco from $97.00 to $94.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Masco has an average rating of “Hold” and an average price target of $79.88.

Masco Price Performance

Shares of MAS stock opened at $73.28 on Friday. The stock’s 50-day moving average is $76.70 and its 200 day moving average is $71.11. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $83.64. The company has a market cap of $14.45 billion, a P/E ratio of 16.85, a PEG ratio of 1.84 and a beta of 1.30.

Masco (NYSE:MAS) last announced its earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.32. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $2.08 billion. Masco had a return on equity of 2,379.08% and a net margin of 11.61%.The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.30 EPS. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Research analysts predict that Masco Corporation will post 4.52 earnings per share for the current fiscal year.

Masco declared that its Board of Directors has initiated a share repurchase program on Thursday, May 7th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Masco Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.32 per share. The ex-dividend date was Monday, August 24th. This represents a $1.28 dividend on an annualized basis and a yield of 1.7%. Masco’s payout ratio is currently 29.43%.

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.