ABN Amro Investment Solutions Purchases Shares of 13,211 Masco Corporation $MAS

ABN Amro Investment Solutions purchased a new stake in Masco Corporation (NYSE:MAS) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 13,211 shares of the construction company’s stock, valued at approximately $838,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Rossby Financial LCC lifted its holdings in Masco by 134.2% in the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock valued at $26,000 after acquiring an additional 212 shares during the last quarter. Sunbelt Securities Inc. acquired a new stake in Masco in the 3rd quarter valued at about $26,000. Bogart Wealth LLC lifted its holdings in Masco by 2,550.0% in the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after acquiring an additional 408 shares during the last quarter. Community Bank N.A. acquired a new stake in Masco in the 3rd quarter valued at about $34,000. Finally, Headlands Technologies LLC lifted its holdings in Masco by 114.5% in the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after acquiring an additional 293 shares during the last quarter. 93.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Masco

In other news, CAO Heath M. Eisman sold 747 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $71.92, for a total value of $53,724.24. Following the transaction, the chief accounting officer owned 12,510 shares in the company, valued at $899,719.20. This represents a 5.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.55% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Wells Fargo & Company upped their price target on shares of Masco from $70.00 to $82.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Barclays upped their price objective on shares of Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 22nd. UBS Group upped their price objective 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. Citigroup reduced their price objective on shares of Masco from $84.00 to $79.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $80.07.

Masco Price Performance

Shares of MAS opened at $67.28 on Monday. The company has a market capitalization of $13.57 billion, a price-to-earnings ratio of 16.69, a P/E/G ratio of 1.66 and a beta of 1.34. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $79.19. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. The business’s 50-day moving average is $65.22 and its 200-day moving average is $66.22.

Masco (NYSE:MAS) last issued its earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.16. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.07 billion. Masco had a return on equity of 815.20% and a net margin of 10.90%.The firm’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 fiscal year.

Masco declared that its board has approved a share repurchase program on Tuesday, February 10th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the construction company to buy up to 13.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Masco Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Friday, May 22nd will be issued a $0.32 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.9%. Masco’s dividend payout ratio is currently 31.76%.

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.