National Pension Service Acquires 31,700 Shares of Masco Corporation $MAS

National Pension Service raised its holdings in Masco Corporation (NYSE:MAS) by 28.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 142,556 shares of the construction company’s stock after buying an additional 31,700 shares during the period. National Pension Service owned about 0.07% of Masco worth $9,047,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Rossby Financial LCC lifted its stake in shares of Masco by 134.2% in the third quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock valued at $26,000 after buying an additional 212 shares in the last quarter. Sunbelt Securities Inc. bought a new position in shares of Masco during the third quarter valued at about $26,000. Bogart Wealth LLC lifted its position 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 in the last quarter. Community Bank N.A. bought a new position in shares of Masco during the third quarter valued at about $34,000. Finally, Headlands Technologies LLC lifted its position in shares of Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after purchasing an additional 293 shares in the last quarter. 93.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MAS has been the topic of a number of recent analyst reports. Evercore raised shares of Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price target on the stock in a research report on Monday, April 13th. Zelman & Associates lowered shares of Masco to a “hold” rating in a research report on Wednesday, February 11th. Wells Fargo & Company raised their price target on shares of Masco from $70.00 to $82.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. JPMorgan Chase & Co. raised their price target on shares of Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Finally, The Goldman Sachs Group raised their price target on shares of Masco from $79.00 to $90.00 and gave the company a “buy” rating in a research report 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 assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $80.07.

Masco Stock Performance

Shares of MAS stock opened at $70.32 on Monday. The firm has a market cap of $14.19 billion, a price-to-earnings ratio of 17.45, a P/E/G 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 52 week low of $58.16 and a 52 week high of $79.19. The firm’s 50-day simple moving average is $66.04 and its two-hundred day simple moving average is $66.47.

Masco (NYSE:MAS) last announced its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.88 by $0.16. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. Masco had a net margin of 10.90% and a return on equity of 815.20%. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.87 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities analysts forecast that Masco Corporation will post 4.25 earnings per share for the current year.

Masco Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Friday, May 22nd will be given a $0.32 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.28 annualized dividend and a yield of 1.8%. Masco’s payout ratio is currently 31.76%.

Masco announced that its Board of Directors has approved a stock repurchase program on Tuesday, February 10th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the construction company to reacquire up to 13.5% of its shares through open market purchases. Shares repurchase programs are typically 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.