17,184 Shares in Masco Corporation $MAS Bought by Jupiter Topco LLC

Jupiter Topco LLC acquired a new stake in shares of Masco Corporation (NYSE:MAS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 17,184 shares of the construction company’s stock, valued at approximately $1,398,000.

A number of other institutional investors have also recently modified their holdings of the business. BlackRock Inc. purchased a new stake in shares of Masco in the second quarter valued at about $1,278,943,000. Norges Bank bought a new stake in shares of Masco during the fourth quarter valued at approximately $194,818,000. Wellington Management Group LLP acquired a new stake in shares of Masco in the 3rd quarter worth approximately $192,948,000. Bank of New York Mellon Corp acquired a new stake in Masco during the second quarter valued at approximately $156,668,000. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in shares of Masco by 443.6% during the third quarter. Jacobs Levy Equity Management Inc. now owns 2,330,523 shares of the construction company’s stock valued at $164,046,000 after purchasing an additional 1,901,815 shares during the last quarter. 93.91% of the stock is currently owned by hedge funds and other institutional investors.

Masco Stock Up 1.8%

Shares of NYSE MAS opened at $72.74 on Friday. The business has a fifty day moving average of $76.17 and a two-hundred day moving average of $70.95. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.22 and a current ratio of 1.86. Masco Corporation has a 52-week low of $58.16 and a 52-week high of $83.64. The stock has a market cap of $14.34 billion, a PE ratio of 16.72, a PEG ratio of 1.74 and a beta of 1.30.

Masco (NYSE:MAS) last issued its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.32. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the prior year, the company earned $1.30 EPS. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities research analysts expect that Masco Corporation will post 4.52 earnings per share for the current fiscal year.

Masco Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Monday, August 24th. Masco’s dividend payout ratio (DPR) is presently 29.43%.

Wall Street Analyst Weigh In

MAS has been the subject of a number of research analyst reports. Evercore downgraded shares of Masco from an “outperform” rating to an “in-line” rating and set a $78.00 target price for the company. in a research report on Thursday, July 30th. Truist Financial cut their price objective on Masco from $90.00 to $85.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. DA Davidson began coverage on shares of Masco in a research report on Monday, August 24th. They issued a “neutral” rating and a $80.00 price target on the stock. Citigroup decreased their price objective on shares of Masco from $79.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Finally, Wells Fargo & Company raised their target price on shares of Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Seven 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. Based on data from MarketBeat.com, Masco currently has an average rating of “Hold” and an average price target of $79.88.

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.