SG Americas Securities LLC Has $9.41 Million Holdings in Masco Corporation $MAS

SG Americas Securities LLC lessened its stake in Masco Corporation (NYSE:MAS) by 71.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 155,823 shares of the construction company’s stock after selling 395,789 shares during the quarter. SG Americas Securities LLC owned about 0.08% of Masco worth $9,407,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Bard Associates Inc. acquired a new position in shares of Masco during the 4th quarter worth about $25,000. Sunbelt Securities Inc. acquired a new stake in shares of Masco in the 3rd quarter valued at approximately $26,000. Bogart Wealth LLC boosted its stake in Masco by 2,550.0% during the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock worth $27,000 after acquiring an additional 408 shares during the last quarter. Community Bank N.A. acquired a new position in Masco during the third quarter valued at approximately $34,000. Finally, Headlands Technologies LLC grew its holdings in 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 during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on MAS. Bank of America reduced their price target on shares of Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Citigroup lowered their price objective on shares of Masco from $84.00 to $79.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Truist Financial raised their price objective on Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Finally, Robert W. Baird boosted their target price on Masco from $72.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $80.07.

Masco Stock Up 0.2%

Shares of MAS stock opened at $79.88 on Friday. The firm has a fifty day moving average of $70.93 and a 200-day moving average of $67.93. The company has a quick ratio of 1.11, a current ratio of 1.75 and a debt-to-equity ratio of 109.07. Masco Corporation has a 12-month low of $58.16 and a 12-month high of $80.80. The company has a market capitalization of $16.11 billion, a price-to-earnings ratio of 19.82, a P/E/G ratio of 1.97 and a beta of 1.31.

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

Masco declared that its board has initiated a share buyback program on Thursday, May 7th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the construction company to repurchase up to 2.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its shares are undervalued.

Masco Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Friday, May 22nd were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, May 22nd. Masco’s payout ratio is 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.