Masco Corporation $MAS Stock Sold by Hosking Partners LLP

Hosking Partners LLP reduced its holdings in Masco Corporation (NYSE:MAS) by 5.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 134,045 shares of the construction company’s stock after selling 8,133 shares during the period. Hosking Partners LLP’s holdings in Masco were worth $9,035,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Nisa Investment Advisors LLC lifted its holdings in shares of Masco by 15.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 32,008 shares of the construction company’s stock valued at $2,157,000 after acquiring an additional 4,225 shares during the last quarter. Oregon Pacific Wealth Management LLC increased its stake in Masco by 13.2% during the third quarter. Oregon Pacific Wealth Management LLC now owns 3,599 shares of the construction company’s stock worth $243,000 after acquiring an additional 421 shares during the last quarter. CWA Asset Management Group LLC purchased a new stake in Masco during the third quarter valued at approximately $4,038,000. CWS Financial Advisors LLC raised its position in Masco by 12.2% during the third quarter. CWS Financial Advisors LLC now owns 5,482 shares of the construction company’s stock valued at $370,000 after purchasing an additional 598 shares during the period. Finally, Vontobel Holding Ltd. raised its position in Masco by 21.8% during the third quarter. Vontobel Holding Ltd. now owns 112,336 shares of the construction company’s stock valued at $7,571,000 after purchasing an additional 20,099 shares during the period. 93.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MAS. Zacks Research lowered Masco from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 14th. DA Davidson began coverage on Masco in a research report on Monday, August 24th. They set a “neutral” rating and a $80.00 target price on the stock. Barclays decreased their price target on Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft set a $74.00 price target on Masco in a research report on Monday, August 3rd. Finally, Citigroup lowered their price target on Masco from $79.00 to $77.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $79.12.

Masco Trading Down 0.1%

Shares of MAS opened at $74.56 on Thursday. The firm has a market capitalization of $14.70 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 1.89 and a beta of 1.30. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $83.64. The company has a 50-day moving average of $70.77 and a 200 day moving average of $71.91.

Masco (NYSE:MAS) last issued its earnings results on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.32. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same period in the prior year, the firm earned $1.30 EPS. The company’s revenue for the quarter was down 2.9% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts expect that Masco Corporation will post 4.52 EPS for the current year.

Masco Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a $0.32 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a $1.28 annualized dividend and a yield of 1.7%. Masco’s dividend payout ratio is 29.43%.

Masco Profile

Masco Corporation (NYSE: MAS) is a manufacturer of branded home improvement and building products. The company’s portfolio includes faucets, showering and bathing products, architectural coatings, decorative hardware and related products sold to residential and commercial customers.

Masco operates through two principal areas: Plumbing Products and Decorative Architectural Products. Its brands include Delta Faucet, Brizo, Hansgrohe, Behr Paint and Kichler Lighting, among others. These products are distributed through home improvement retailers, specialty dealers, distributors and other channels.

Founded in 1929 by Alex Manoogian, Masco is headquartered in Livonia, Michigan, and serves customers primarily in North America and Europe, with products sold in additional international markets.