Sequoia Financial Advisors LLC Raises Stock Holdings in Masco Corporation $MAS

Sequoia Financial Advisors LLC boosted its holdings in Masco Corporation (NYSE:MAS) by 14.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,961 shares of the construction company’s stock after purchasing an additional 13,796 shares during the period. Sequoia Financial Advisors LLC owned about 0.06% of Masco worth $9,110,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. California State Teachers Retirement System boosted its holdings in shares of Masco by 6,291.8% in the 2nd quarter. California State Teachers Retirement System now owns 28,615,795 shares of the construction company’s stock worth $2,328,467,000 after buying an additional 28,168,099 shares during the last quarter. BlackRock Inc. bought a new stake in Masco in the second quarter worth about $1,278,943,000. State Street Corp raised its position in Masco by 0.6% in the fourth quarter. State Street Corp now owns 10,235,505 shares of the construction company’s stock worth $649,545,000 after acquiring an additional 60,430 shares during the period. JPMorgan Chase & Co. boosted its stake in Masco by 19.2% in the fourth quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company’s stock valued at $384,776,000 after acquiring an additional 977,684 shares during the last quarter. Finally, Boston Partners grew its position in shares of Masco by 1.0% during the 3rd quarter. Boston Partners now owns 5,850,170 shares of the construction company’s stock valued at $411,832,000 after acquiring an additional 58,609 shares during the period. 93.91% of the stock is owned by hedge funds and other institutional investors.

Masco Stock Performance

NYSE:MAS opened at $67.62 on Friday. The business’s fifty day moving average is $75.25 and its 200 day moving average is $70.76. The firm has a market cap of $13.33 billion, a price-to-earnings ratio of 15.54, a PEG ratio of 1.69 and a beta of 1.30. 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.

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

Masco Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Monday, August 24th. Masco’s dividend payout ratio is 29.43%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $74.00 price target on shares of Masco in a research note on Monday, August 3rd. Citigroup reduced their price objective on Masco from $79.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Barclays decreased their target price on Masco from $82.00 to $79.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Finally, UBS Group dropped their price target on Masco from $97.00 to $94.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Masco has an average rating of “Hold” and a consensus price target of $79.88.

Masco Profile

Masco Corporation (NYSE:MAS) is a manufacturer of branded home improvement and building products. The company operates primarily through two business segments: Plumbing Products and Decorative Architectural Products, serving professional contractors, distributors, retailers and consumers.

Masco’s plumbing portfolio includes faucets, showers, bathtubs, showering systems and related products marketed under brands such as Delta, Brizo, Peerless and hansgrohe. Its decorative architectural products include interior and exterior paints, lighting, cabinetry hardware and other home-decorating products sold through brands including Behr, Kilz, Kichler and Liberty.

Founded in 1929 by Alex Manoogian, Masco has expanded from its original manufacturing operations into a global home products company.