HF Advisory Group LLC Has $4.27 Million Stock Position in Masco Corporation $MAS

HF Advisory Group LLC grew its holdings in shares of Masco Corporation (NYSE:MAS) by 601.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,204 shares of the construction company’s stock after purchasing an additional 57,618 shares during the quarter. HF Advisory Group LLC’s holdings in Masco were worth $4,265,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of MAS. Focus Partners Wealth increased its position in Masco by 2.6% during the first quarter. Focus Partners Wealth now owns 10,414 shares of the construction company’s stock worth $724,000 after buying an additional 265 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Masco by 1.5% during the 2nd quarter. American Century Companies Inc. now owns 175,286 shares of the construction company’s stock worth $11,281,000 after acquiring an additional 2,624 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Masco by 84.8% during the 2nd quarter. Quadrant Capital Group LLC now owns 8,340 shares of the construction company’s stock worth $537,000 after acquiring an additional 3,828 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Masco during the 2nd quarter valued at about $28,000. Finally, Norges Bank acquired a new position in shares of Masco during the 2nd quarter valued at about $122,990,000. 93.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CAO Heath M. Eisman sold 747 shares of the company’s stock in a transaction 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 completion of the transaction, the chief accounting officer directly owned 12,510 shares in the company, valued at $899,719.20. This represents a 5.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.50% of the stock is currently owned by insiders.

Masco Price Performance

Shares of NYSE:MAS opened at $60.70 on Thursday. The company has a market cap of $12.36 billion, a price-to-earnings ratio of 15.77, a PEG ratio of 1.71 and a beta of 1.27. The business has a 50 day moving average price of $67.53 and a 200 day moving average price of $66.69. 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 twelve month low of $56.55 and a twelve month high of $79.19.

Masco (NYSE:MAS) last issued its quarterly earnings results on Tuesday, February 10th. The construction company reported $0.82 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 company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the business posted $0.89 EPS. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Research analysts predict that Masco Corporation will post 4.34 earnings per share for the current year.

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

Masco Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Friday, February 20th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.1%. This is an increase from Masco’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Friday, February 20th. Masco’s payout ratio is presently 33.25%.

Analyst Ratings Changes

MAS has been the subject of several analyst reports. Weiss Ratings lowered Masco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 9th. Robert W. Baird set a $82.00 price target on Masco in a report on Wednesday, February 11th. Zelman & Associates lowered shares of Masco to a “hold” rating in a research report on Wednesday, February 11th. Oppenheimer restated an “outperform” rating and issued a $88.00 price objective on shares of Masco in a research note on Wednesday, February 11th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $77.00 price objective on shares of Masco in a report on Thursday, February 12th. Six investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, Masco currently has an average rating of “Hold” and a consensus price target of $77.33.

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.