Eurizon Capital SGR S.p.A. Invests $14.87 Million in Masco Corporation $MAS

Eurizon Capital SGR S.p.A. purchased a new position in shares of Masco Corporation (NYSE:MAS) in the 4th quarter, Holdings Channel.com reports. The firm purchased 234,261 shares of the construction company’s stock, valued at approximately $14,870,000.

Several other large investors have also modified their holdings of the stock. Covestor Ltd raised its stake in shares of Masco by 20.7% during the fourth quarter. Covestor Ltd now owns 829 shares of the construction company’s stock worth $53,000 after purchasing an additional 142 shares during the last quarter. Pallas Capital Advisors LLC raised its stake in shares of Masco by 1.4% during the third quarter. Pallas Capital Advisors LLC now owns 12,128 shares of the construction company’s stock worth $854,000 after purchasing an additional 162 shares during the last quarter. Clearstead Advisors LLC raised its stake in shares of Masco by 21.6% during the third quarter. Clearstead Advisors LLC now owns 947 shares of the construction company’s stock worth $67,000 after purchasing an additional 168 shares during the last quarter. Nelson Capital Management LLC raised its stake in shares of Masco by 0.4% during the third quarter. Nelson Capital Management LLC now owns 38,516 shares of the construction company’s stock worth $2,711,000 after purchasing an additional 171 shares during the last quarter. Finally, Bollard Group LLC raised its stake in shares of Masco by 0.4% during the third quarter. Bollard Group LLC now owns 43,973 shares of the construction company’s stock worth $3,095,000 after purchasing an additional 179 shares during the last quarter. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MAS. JPMorgan Chase & Co. upped their price target on Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Bank of America cut their price target on Masco from $69.00 to $61.00 and set an “underperform” rating for the company in a research note on Monday, April 20th. Royal Bank Of Canada upped their price target on Masco from $67.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 23rd. Oppenheimer restated an “outperform” rating and set a $88.00 price target on shares of Masco in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company upped their price target on Masco from $70.00 to $82.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $80.07.

Masco Trading Up 0.1%

NYSE:MAS opened at $70.32 on Monday. The stock has a fifty day moving average price of $66.04 and a two-hundred day moving average price of $66.47. The stock has a market capitalization of $14.19 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 1.73 and a beta of 1.31. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. Masco Corporation has a 1 year low of $58.16 and a 1 year high of $79.19.

Masco (NYSE:MAS) last released its quarterly earnings data 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. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.07 billion. Masco had a return on equity of 815.20% and a net margin of 10.90%.Masco’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, sell-side analysts anticipate that Masco Corporation will post 4.25 earnings per share for the current fiscal year.

Masco declared that its Board of Directors has authorized a share repurchase plan on Tuesday, February 10th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the construction company to reacquire up to 13.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Masco Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Friday, May 22nd will be given 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 1.8%. Masco’s dividend payout ratio (DPR) is currently 31.76%.

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.