Boston Partners Trims Stock Position in Masco Corporation $MAS

Boston Partners decreased its holdings in Masco Corporation (NYSE:MAS) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,731,244 shares of the construction company’s stock after selling 118,926 shares during the quarter. Boston Partners’ holdings in Masco were worth $363,837,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Martingale Asset Management L P raised its position in Masco by 78.5% in the fourth quarter. Martingale Asset Management L P now owns 7,843 shares of the construction company’s stock worth $498,000 after acquiring an additional 3,449 shares during the period. Northwest & Ethical Investments L.P. bought a new stake in shares of Masco during the 4th quarter valued at $1,250,000. Johnson Financial Group Inc. grew its position in shares of Masco by 19.7% during the 4th quarter. Johnson Financial Group Inc. now owns 1,521 shares of the construction company’s stock valued at $97,000 after acquiring an additional 250 shares during the period. DRW Securities LLC purchased a new stake in shares of Masco in the 4th quarter worth $254,000. Finally, Cibc World Markets Corp purchased a new stake in shares of Masco in the 4th quarter worth $2,000,000. 93.91% of the stock is currently owned by institutional investors.

Masco Stock Up 0.3%

Shares of MAS opened at $73.98 on Friday. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. The stock has a market capitalization of $14.92 billion, a price-to-earnings ratio of 18.36, a price-to-earnings-growth ratio of 1.82 and a beta of 1.31. Masco Corporation has a 1 year low of $58.16 and a 1 year high of $79.19. The business’s 50 day simple moving average is $68.19 and its 200-day simple moving average is $67.12.

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

Masco declared that its board has approved a stock buyback program on Thursday, May 7th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the construction company to buy up to 2.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Masco Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Friday, May 22nd were issued a $0.32 dividend. The ex-dividend date was Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.7%. Masco’s payout ratio is 31.76%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on MAS shares. BMO Capital Markets lowered their target price on Masco from $77.00 to $75.00 and set a “market perform” rating on the stock in a research report on Monday, April 20th. JPMorgan Chase & Co. raised their price objective on Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. UBS Group lifted their price objective on Masco from $96.00 to $97.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Truist Financial increased their target price on shares of Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Finally, Royal Bank Of Canada raised their target price on shares of Masco from $67.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 23rd. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $80.07.

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.