Corient Private Wealth LP Makes New Investment in Masco Corporation $MAS

Corient Private Wealth LP bought a new stake in Masco Corporation (NYSE:MAS) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 268,722 shares of the construction company’s stock, valued at approximately $21,866,000.

Several other hedge funds and other institutional investors also recently modified their holdings of MAS. Sunbelt Securities Inc. bought a new stake in shares of Masco during the 3rd quarter worth $26,000. Bard Associates Inc. bought a new position in Masco in the fourth quarter valued at about $25,000. Bell Investment Advisors Inc bought a new position in Masco in the second quarter valued at about $32,000. Bogart Wealth LLC raised its stake in Masco by 2,550.0% during the fourth quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock worth $27,000 after acquiring an additional 408 shares in the last quarter. Finally, Headlands Technologies LLC raised its stake in Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after acquiring an additional 293 shares in the last quarter. Institutional investors own 93.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on MAS shares. Wells Fargo & Company raised their price target on shares of Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Zacks Research cut shares of Masco from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 14th. Barclays dropped their price objective on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. DA Davidson initiated coverage on shares of Masco in a research report on Monday. They issued a “neutral” rating and a $80.00 target price on the stock. Finally, UBS Group decreased their target price on shares of Masco from $97.00 to $94.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Masco has a consensus rating of “Hold” and an average price target of $79.88.

Masco Stock Performance

Shares of MAS stock opened at $73.28 on Friday. The business’s 50-day moving average price is $76.70 and its 200-day moving average price is $71.11. Masco Corporation has a 12 month low of $58.16 and a 12 month high of $83.64. The firm has a market capitalization of $14.45 billion, a price-to-earnings ratio of 16.85, a PEG ratio of 1.84 and a beta of 1.30. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07.

Masco (NYSE:MAS) last released its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.32. The company 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 in the prior year, the firm posted $1.30 earnings per share. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts forecast that Masco Corporation will post 4.52 EPS for the current year.

Masco Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders 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 1.7%. The ex-dividend date of this dividend was Monday, August 24th. Masco’s payout ratio is presently 29.43%.

Masco declared that its board has initiated a stock buyback plan on Thursday, May 7th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

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.