Masco Corporation $MAS Shares Acquired by Tectonic Advisors LLC

Tectonic Advisors LLC raised its holdings in shares of Masco Corporation (NYSE:MAS) by 9.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 101,497 shares of the construction company’s stock after purchasing an additional 8,794 shares during the quarter. Tectonic Advisors LLC owned 0.05% of Masco worth $6,841,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Bell Investment Advisors Inc purchased a new position in shares of Masco during the 2nd quarter valued at approximately $32,000. Pension & Wealth Management Advisors Inc. bought a new stake in shares of Masco in the third quarter worth $36,000. Johnson Financial Group Inc. bought a new stake in shares of Masco in the second quarter worth $49,000. Trust Co. of Vermont bought a new stake in shares of Masco in the second quarter worth $53,000. Finally, Keating Financial Advisory Services Inc. acquired a new stake in Masco in the second quarter valued at $55,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on MAS shares. Citigroup cut their target price on shares of Masco from $79.00 to $77.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 16th. Truist Financial lowered their price objective on Masco from $90.00 to $85.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Zacks Research cut Masco from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 14th. Finally, DA Davidson began coverage on Masco in a report on Monday, August 24th. They set a “neutral” rating and a $80.00 target price on the stock. Seven equities research 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $79.12.

Masco Stock Performance

Shares of Masco stock traded down $2.01 during trading hours on Friday, reaching $76.04. The company’s stock had a trading volume of 2,627,765 shares, compared to its average volume of 2,020,085. Masco Corporation has a one year low of $58.16 and a one year high of $83.64. The company’s 50 day simple moving average is $70.87 and its 200 day simple moving average is $72.07. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.22 and a current ratio of 1.86. The stock has a market cap of $14.99 billion, a P/E ratio of 17.48, a price-to-earnings-growth ratio of 1.97 and a beta of 1.30.

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

Masco Dividend Announcement

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

Masco Company 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.