Masco Corporation $MAS Stock: Robeco Institutional Asset Management B.V. Reduces Stake

Robeco Institutional Asset Management B.V. decreased its stake in Masco Corporation (NYSE:MAS) by 12.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 81,974 shares of the construction company’s stock after selling 11,535 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Masco were worth $5,525,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in shares of Masco during the 2nd quarter worth about $1,278,943,000. Bank of America Corp DE bought a new stake in shares of Masco in the 2nd quarter valued at about $178,424,000. Amundi raised its position in shares of Masco by 17.5% in the 1st quarter. Amundi now owns 2,152,818 shares of the construction company’s stock valued at $129,977,000 after acquiring an additional 320,230 shares during the period. Bank of New York Mellon Corp raised its position in shares of Masco by 8.8% in the 1st quarter. Bank of New York Mellon Corp now owns 1,961,592 shares of the construction company’s stock valued at $118,421,000 after acquiring an additional 158,231 shares during the period. Finally, Deutsche Bank AG acquired a new stake in shares of Masco in the 2nd quarter valued at approximately $149,673,000. Institutional investors own 93.91% of the company’s stock.

Masco Trading Down 2.6%

NYSE:MAS opened at $76.04 on Friday. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $83.64. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22. The stock has a market capitalization of $14.99 billion, a PE ratio of 17.48, a price-to-earnings-growth ratio of 1.92 and a beta of 1.30. The business’s 50-day simple moving average is $70.87 and its 200-day simple moving average is $72.07.

Masco (NYSE:MAS) last issued its quarterly earnings data 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. Masco had a return on equity of 2,379.08% and a net margin of 11.61%. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same period in the previous year, the firm earned $1.30 EPS. Masco’s quarterly revenue was down 2.9% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts expect that Masco Corporation will post 4.52 earnings per share for the current fiscal year.

Masco Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a $0.32 dividend. The ex-dividend date of this dividend 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 presently 29.43%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $74.00 price objective on shares of Masco in a report on Monday, August 3rd. UBS Group lowered their target price on shares of Masco from $97.00 to $94.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Truist Financial cut their target price on shares of Masco from $90.00 to $85.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Evercore lowered shares of Masco from an “outperform” rating to an “in-line” rating and set a $78.00 target price on the stock. in a report on Thursday, July 30th. Finally, Zacks Research cut shares of Masco from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 14th. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $79.12.

About Masco

Masco Corporation (NYSE: MAS) is a manufacturer of branded home improvement and building products. The company’s portfolio includes faucets, showering and bathing products, architectural coatings, decorative hardware and related products sold to residential and commercial customers.

Masco operates through two principal areas: Plumbing Products and Decorative Architectural Products. Its brands include Delta Faucet, Brizo, Hansgrohe, Behr Paint and Kichler Lighting, among others. These products are distributed through home improvement retailers, specialty dealers, distributors and other channels.

Founded in 1929 by Alex Manoogian, Masco is headquartered in Livonia, Michigan, and serves customers primarily in North America and Europe, with products sold in additional international markets.