WINTON GROUP Ltd Boosts Stake in Masco Corporation $MAS

WINTON GROUP Ltd grew its holdings in Masco Corporation (NYSE:MAS) by 4,026.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 266,081 shares of the construction company’s stock after purchasing an additional 259,633 shares during the period. Masco makes up 0.7% of WINTON GROUP Ltd’s investment portfolio, making the stock its 13th largest position. WINTON GROUP Ltd owned 0.13% of Masco worth $18,729,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank acquired a new position in Masco in the second quarter valued at about $122,990,000. Vanguard Group Inc. raised its stake in shares of Masco by 6.6% in the 2nd quarter. Vanguard Group Inc. now owns 28,872,772 shares of the construction company’s stock valued at $1,858,252,000 after acquiring an additional 1,780,673 shares during the period. Holocene Advisors LP lifted its holdings in shares of Masco by 48.6% in the 2nd quarter. Holocene Advisors LP now owns 5,001,386 shares of the construction company’s stock worth $321,889,000 after acquiring an additional 1,635,746 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Masco by 32.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,085,602 shares of the construction company’s stock worth $357,976,000 after acquiring an additional 1,240,322 shares during the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Masco by 502.1% during the 3rd quarter. American Century Companies Inc. now owns 1,055,362 shares of the construction company’s stock worth $74,287,000 after purchasing an additional 880,076 shares during the period. 93.91% of the stock is owned by institutional investors and hedge funds.

Masco Stock Performance

NYSE:MAS opened at $63.66 on Monday. The company has a fifty day simple moving average of $69.84 and a two-hundred day simple moving average of $68.30. The company has a market cap of $12.96 billion, a price-to-earnings ratio of 16.54, a price-to-earnings-growth ratio of 1.81 and a beta of 1.27. The company has a quick ratio of 1.14, a current ratio of 1.81 and a debt-to-equity ratio of 38.75. Masco Corporation has a 52 week low of $56.55 and a 52 week high of $79.19.

Masco (NYSE:MAS) last issued 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 net margin of 10.71% and a return on equity of 856.70%. The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter last year, the company earned $0.89 earnings per share. The firm’s revenue was down 1.9% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities analysts anticipate that Masco Corporation will post 4.34 earnings per share for the current fiscal year.

Masco announced that its Board of Directors has authorized a stock repurchase program on Tuesday, February 10th that allows the company to buyback $2.00 billion in outstanding 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 generally a sign that the company’s board believes its shares are undervalued.

Masco Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Friday, February 20th will be paid a dividend of $0.32 per share. The ex-dividend date is Friday, February 20th. This is an increase from Masco’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.0%. Masco’s payout ratio is presently 33.25%.

Insider Buying and Selling

In other Masco news, CAO Heath M. Eisman sold 747 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total value of $53,724.24. Following the sale, the chief accounting officer directly owned 12,510 shares in the company, valued at $899,719.20. This trade represents a 5.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Zelman & Associates lowered Masco to a “hold” rating in a research report on Wednesday, February 11th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $77.00 price objective on shares of Masco in a research note on Thursday, February 12th. Evercore set a $78.00 price objective on Masco in a report on Wednesday, February 11th. Robert W. Baird set a $82.00 target price on Masco in a research note on Wednesday, February 11th. Finally, Barclays restated an “equal weight” rating and set a $71.00 target price (down from $76.00) on shares of Masco in a report on Monday, December 8th. Seven research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $76.94.

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.