Masco Corporation $MAS Stock Holdings Reduced by ING Groep NV

ING Groep NV lowered its position in Masco Corporation (NYSE:MAS) by 31.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,682 shares of the construction company’s stock after selling 8,384 shares during the quarter. ING Groep NV’s holdings in Masco were worth $1,186,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MAS. Focus Partners Wealth grew its stake in Masco by 2.6% in the first quarter. Focus Partners Wealth now owns 10,414 shares of the construction company’s stock valued at $724,000 after purchasing an additional 265 shares in the last quarter. CW Advisors LLC bought a new stake in shares of Masco during the 2nd quarter worth about $238,000. Bank of Nova Scotia boosted its stake in shares of Masco by 14.8% during the 2nd quarter. Bank of Nova Scotia now owns 25,555 shares of the construction company’s stock worth $1,645,000 after acquiring an additional 3,294 shares in the last quarter. WINTON GROUP Ltd bought a new stake in shares of Masco during the 2nd quarter worth about $415,000. Finally, Daiwa Securities Group Inc. boosted its stake in shares of Masco by 4.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 31,832 shares of the construction company’s stock worth $2,049,000 after acquiring an additional 1,413 shares in the last quarter. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Masco Price Performance

NYSE MAS opened at $72.39 on Wednesday. Masco Corporation has a twelve month low of $58.16 and a twelve month high of $79.19. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. The stock has a market capitalization of $14.60 billion, a PE ratio of 17.96, a P/E/G ratio of 1.70 and a beta of 1.31. The stock has a 50-day simple moving average of $67.41 and a 200 day simple moving average of $66.92.

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

Masco declared that its board has authorized a stock repurchase program on Tuesday, February 10th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the construction company to reacquire up to 13.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Masco Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. 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. Weiss Ratings downgraded Masco from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. Evercore upgraded Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price target for the company in a research note on Monday, April 13th. Truist Financial upped their price target on Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Finally, BMO Capital Markets decreased their price target 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. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $80.07.

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.