MGO One Seven LLC Has $1.13 Million Stock Holdings in Masco Corporation $MAS

MGO One Seven LLC boosted its stake in shares of Masco Corporation (NYSE:MAS) by 135.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 17,820 shares of the construction company’s stock after buying an additional 10,239 shares during the quarter. MGO One Seven LLC’s holdings in Masco were worth $1,131,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Nordea Investment Management AB raised its stake in Masco by 6.5% in the fourth quarter. Nordea Investment Management AB now owns 4,371,864 shares of the construction company’s stock valued at $278,619,000 after buying an additional 267,012 shares during the period. Mediolanum International Funds Ltd bought a new stake in Masco in the third quarter valued at approximately $16,398,000. Swiss Life Asset Management Ltd raised its stake in Masco by 347.5% in the third quarter. Swiss Life Asset Management Ltd now owns 102,810 shares of the construction company’s stock valued at $7,237,000 after buying an additional 79,834 shares during the period. National Pension Service raised its stake in Masco by 38.2% in the third quarter. National Pension Service now owns 110,856 shares of the construction company’s stock valued at $7,803,000 after buying an additional 30,617 shares during the period. Finally, Atria Investments Inc raised its stake in Masco by 31.8% in the third quarter. Atria Investments Inc now owns 106,086 shares of the construction company’s stock valued at $7,467,000 after buying an additional 25,608 shares during the period. 93.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Masco

In other news, CAO Heath M. Eisman sold 747 shares of the 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 approximately $899,719.20. This trade represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.55% of the company’s stock.

Masco Price Performance

Shares of NYSE MAS opened at $69.84 on Wednesday. The firm has a market cap of $14.09 billion, a P/E ratio of 17.33, a price-to-earnings-growth ratio of 1.74 and a beta of 1.34. The company has a current ratio of 1.75, a quick ratio of 1.11 and a debt-to-equity ratio of 109.07. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $79.19. The business’s 50 day moving average is $65.09 and its 200-day moving average is $66.23.

Masco (NYSE:MAS) last announced its earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.16. The company had revenue of $1.92 billion for the quarter, compared to analyst estimates 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 company earned $0.87 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Equities research analysts predict that Masco Corporation will post 4.25 earnings per share for the current year.

Masco declared that its board has approved a share buyback 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 of directors believes its shares are undervalued.

Masco Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.32 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. Masco’s dividend payout ratio (DPR) is 31.76%.

Analysts Set New Price Targets

MAS has been the topic of several research analyst reports. Wells Fargo & Company upped their price objective on Masco from $70.00 to $82.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group upped 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. Zelman & Associates lowered Masco to a “hold” rating in a research note on Wednesday, February 11th. Evercore upgraded Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price objective on the stock in a research note on Monday, April 13th. Finally, Bank of America lowered their target price on Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a research note on Monday, April 20th. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently 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.