KKM Financial LLC Boosts Position in Masco Corporation $MAS

KKM Financial LLC grew its position in Masco Corporation (NYSE:MAS) by 24.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,112 shares of the construction company’s stock after buying an additional 11,437 shares during the quarter. KKM Financial LLC’s holdings in Masco were worth $4,091,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Rossby Financial LCC increased its holdings in Masco by 134.2% during the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock valued at $26,000 after acquiring an additional 212 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of Masco in the second quarter valued at about $28,000. Community Bank N.A. acquired a new stake in shares of Masco in the third quarter valued at approximately $34,000. Headlands Technologies LLC grew its position in shares of Masco by 114.5% in the second 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 last quarter. Finally, Caldwell Trust Co purchased a new position in shares of Masco during the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

Insider Buying and Selling

In other Masco news, CAO Heath M. Eisman sold 747 shares of Masco stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 12,510 shares in the company, valued at approximately $899,719.20. The trade was a 5.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.50% of the company’s stock.

Masco Stock Performance

NYSE:MAS opened at $61.51 on Monday. 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 fifty-two week low of $56.55 and a fifty-two week high of $79.19. The firm’s 50 day moving average is $69.68 and its two-hundred day moving average is $67.89. The company has a market cap of $12.52 billion, a P/E ratio of 15.98, a P/E/G ratio of 1.75 and a beta of 1.27.

Masco (NYSE:MAS) last issued its quarterly earnings data on Tuesday, February 10th. The construction company reported $0.82 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the firm posted $0.89 earnings per share. The business’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. Analysts expect that Masco Corporation will post 4.34 EPS for the current year.

Masco declared that its Board of Directors has authorized a share repurchase plan on Tuesday, February 10th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the construction company to buy up to 13.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its stock is undervalued.

Masco Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Friday, February 20th were given a $0.32 dividend. This is a boost from Masco’s previous quarterly dividend of $0.31. The ex-dividend date was Friday, February 20th. This represents a $1.28 annualized dividend and a dividend yield of 2.1%. Masco’s payout ratio is currently 33.25%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on MAS shares. Weiss Ratings downgraded Masco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 9th. Barclays reissued an “equal weight” rating and set a $71.00 price target (down from $76.00) on shares of Masco in a research report on Monday, December 8th. BMO Capital Markets restated a “market perform” rating and issued a $77.00 price objective on shares of Masco in a research report on Thursday, February 12th. Evercore set a $78.00 price objective on Masco in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company lifted their price objective on Masco from $78.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average 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.