Masco Corporation $MAS Shares Sold by Klein Pavlis & Peasley Financial Inc.

Klein Pavlis & Peasley Financial Inc. cut its stake in Masco Corporation (NYSE:MAS) by 39.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 27,345 shares of the construction company’s stock after selling 17,639 shares during the quarter. Klein Pavlis & Peasley Financial Inc.’s holdings in Masco were worth $1,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Rossby Financial LCC grew its holdings in shares of Masco by 134.2% during the third quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock worth $26,000 after purchasing an additional 212 shares during the last quarter. Sunbelt Securities Inc. acquired a new stake in shares of Masco during the third quarter worth about $26,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Masco in the 2nd quarter valued at about $28,000. Community Bank N.A. purchased a new stake in shares of Masco in the 3rd quarter valued at about $34,000. Finally, Headlands Technologies LLC boosted its position in shares of 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 purchasing an additional 293 shares during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on MAS shares. Zelman & Associates lowered Masco to a “hold” rating in a research report on Wednesday, February 11th. Wells Fargo & Company increased their price objective on Masco from $78.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Barclays restated an “equal weight” rating and set a $71.00 target price (down from $76.00) on shares of Masco in a research report on Monday, December 8th. Citigroup upped their price target on shares of Masco from $71.00 to $84.00 and gave the company a “neutral” rating in a research report on Thursday, February 12th. Finally, Oppenheimer reiterated an “outperform” rating and set a $88.00 price target on shares of Masco in a research note on Wednesday, February 11th. Six equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $76.94.

Insider Transactions at Masco

In other Masco news, CAO Heath M. Eisman sold 747 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $71.92, for a total transaction of $53,724.24. Following the completion of the transaction, the chief accounting officer owned 12,510 shares in the company, valued at approximately $899,719.20. This represents a 5.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.50% of the company’s stock.

Masco Stock Down 1.1%

MAS opened at $59.51 on Friday. Masco Corporation has a 52 week low of $56.55 and a 52 week high of $79.19. The business has a 50 day moving average price of $68.11 and a two-hundred day moving average price of $66.99. The company has a quick ratio of 1.14, a current ratio of 1.81 and a debt-to-equity ratio of 38.75. The company has a market cap of $12.12 billion, a PE ratio of 15.46, a P/E/G ratio of 1.69 and a beta of 1.27.

Masco (NYSE:MAS) last announced its earnings results on Tuesday, February 10th. The construction company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.04. Masco had a return on equity of 856.70% and a net margin of 10.71%.The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same period last year, the business posted $0.89 EPS. The company’s revenue was down 1.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, research analysts anticipate that Masco Corporation will post 4.34 EPS for the current year.

Masco Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Friday, February 20th were paid a $0.32 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.28 annualized dividend and a yield of 2.2%. This is an increase from Masco’s previous quarterly dividend of $0.31. Masco’s dividend payout ratio is presently 33.25%.

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

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.