Masco Corporation $MAS Shares Sold by Todd Asset Management LLC

Todd Asset Management LLC decreased its position in shares of Masco Corporation (NYSE:MAS) by 34.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 539,991 shares of the construction company’s stock after selling 286,498 shares during the period. Todd Asset Management LLC’s holdings in Masco were worth $34,268,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of MAS. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Masco in the 4th quarter valued at about $1,411,000. MQS Management LLC purchased a new position in shares of Masco in the 4th quarter valued at about $446,000. Advisory Alpha LLC boosted its stake in shares of Masco by 18.8% in the 4th quarter. Advisory Alpha LLC now owns 9,769 shares of the construction company’s stock valued at $620,000 after buying an additional 1,549 shares during the period. CWS Financial Advisors LLC purchased a new position in shares of Masco in the 4th quarter valued at about $212,000. Finally, MJP Associates Inc. ADV boosted its stake in shares of Masco by 15.9% in the 4th quarter. MJP Associates Inc. ADV now owns 6,115 shares of the construction company’s stock valued at $388,000 after buying an additional 840 shares during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

Analyst Upgrades and Downgrades

MAS has been the subject of several recent research reports. Truist Financial lifted their price objective on Masco from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. UBS Group lifted their price objective on Masco from $96.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Bank of America decreased their price objective on Masco from $69.00 to $61.00 and set an “underperform” rating for the company in a research note on Monday, April 20th. The Goldman Sachs Group lifted their price objective on Masco from $79.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $80.07.

Masco Price Performance

Shares of NYSE MAS opened at $67.28 on Monday. The stock’s 50-day simple moving average is $65.22 and its 200-day simple moving average is $66.22. The firm has a market capitalization of $13.57 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 1.66 and a beta of 1.34. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $79.19.

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

Masco Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Friday, May 22nd will be paid 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 is Friday, May 22nd. Masco’s dividend payout ratio (DPR) is currently 31.76%.

Masco declared that its board has initiated a share repurchase program on Tuesday, February 10th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the construction company to buy up to 13.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Insider Transactions at Masco

In related news, CAO Heath M. Eisman sold 747 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total transaction of $53,724.24. Following the transaction, the chief accounting officer owned 12,510 shares in the company, valued at $899,719.20. This trade represents a 5.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.55% of the stock is owned by corporate insiders.

About Masco

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.