Masco Corporation $MAS Shares Acquired by Assetmark Inc.

Assetmark Inc. lifted its stake in shares of Masco Corporation (NYSE:MAS) by 12.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 260,712 shares of the construction company’s stock after acquiring an additional 28,279 shares during the period. Assetmark Inc.’s holdings in Masco were worth $15,739,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MAS. Bard Associates Inc. acquired a new stake in Masco in the fourth quarter valued at approximately $25,000. Sunbelt Securities Inc. purchased a new stake in shares of Masco during the third quarter valued at approximately $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 worth $27,000 after purchasing an additional 408 shares in the last quarter. Headlands Technologies LLC boosted its stake in shares of Masco by 114.5% in 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. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Masco in the second quarter valued at $37,000. 93.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on MAS. JPMorgan Chase & Co. lifted their price target on shares of Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Barclays upped their price objective on shares of Masco from $78.00 to $82.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 14th. BMO Capital Markets lowered their target price on Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a research note on Monday, April 20th. Royal Bank Of Canada lifted their target price on Masco from $67.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 23rd. Finally, The Goldman Sachs Group boosted their price target on Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $80.67.

Masco Stock Down 0.1%

Shares of NYSE:MAS opened at $78.60 on Monday. The firm has a market cap of $15.86 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 1.94 and a beta of 1.29. The company has a fifty day simple moving average of $73.45 and a 200 day simple moving average of $69.56. The company has a current ratio of 1.75, a quick ratio of 1.11 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 $83.21.

Masco (NYSE:MAS) last posted its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.16. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate 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 prior year, the firm posted $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, equities research analysts anticipate that Masco Corporation will post 4.25 EPS for the current fiscal year.

Masco Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Friday, May 22nd were paid a dividend of $0.32 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.28 annualized dividend and a yield of 1.6%. Masco’s payout ratio is presently 31.76%.

Masco declared that its Board of Directors has initiated a share repurchase program on Thursday, May 7th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the construction company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Masco News Roundup

Here are the key news stories impacting Masco this week:

• Positive Sentiment: Zacks Research upgraded Masco to strong-buy from hold, a bullish signal that can support investor sentiment. Zacks.com
• Positive Sentiment: The analyst lifted near- and medium-term EPS forecasts, including Q1 2027 to $1.10, Q2 2027 to $1.35, Q3 2027 to $1.18, and Q4 2027 to $1.07, suggesting stronger expected earnings momentum.
• Positive Sentiment: FY2027 EPS was increased to $4.69 from $4.64, and FY2028 EPS was raised to $5.25 from $5.19, reinforcing the view that earnings may continue to grow.
• Neutral Sentiment: Zacks also nudged its Q2 2028 EPS estimate higher to $1.43 from $1.41 and Q1 2028 EPS to $1.22 from $1.21.

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.