Thematics Asset Management Has $5.88 Million Stake in Masco Corporation $MAS

Thematics Asset Management trimmed its stake in Masco Corporation (NYSE:MAS) by 25.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 83,517 shares of the construction company’s stock after selling 29,000 shares during the period. Thematics Asset Management’s holdings in Masco were worth $5,879,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rossby Financial LCC boosted its position in Masco by 134.2% during the third quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock worth $26,000 after purchasing an additional 212 shares during the period. Elevation Point Wealth Partners LLC bought a new position in shares of Masco in the second quarter valued at approximately $28,000. Headlands Technologies LLC raised its position in shares of Masco by 114.5% in the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after purchasing an additional 293 shares during the period. Caldwell Trust Co acquired a new stake in shares of Masco in the second quarter worth $37,000. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Masco during the 2nd quarter worth $37,000. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Masco Trading Up 1.4%

Shares of Masco stock opened at $61.51 on Friday. Masco Corporation has a 1 year low of $56.55 and a 1 year high of $79.19. The company’s fifty day simple moving average is $69.68 and its 200-day simple moving average is $67.98. The company has a market cap of $12.52 billion, a price-to-earnings ratio of 15.98, a PEG ratio of 1.72 and a beta of 1.27. The company has a current ratio of 1.81, a quick ratio of 1.14 and a debt-to-equity ratio of 38.75.

Masco (NYSE:MAS) last released its earnings results on Tuesday, February 10th. The construction company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.78 by $0.04. Masco had a net margin of 10.71% and a return on equity of 856.70%. The firm had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the prior year, the company earned $0.89 EPS. The business’s quarterly revenue was down 1.9% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, sell-side analysts expect that Masco Corporation will post 4.34 EPS for the current year.

Masco declared that its board has approved a stock repurchase plan on Tuesday, February 10th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the construction company to buy up to 13.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Masco Increases Dividend

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

Insider Buying and Selling at Masco

In related news, CAO Heath M. Eisman sold 747 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $71.92, for a total value of $53,724.24. Following the completion of the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

MAS has been the topic of a number of research analyst reports. Robert W. Baird set a $82.00 target price on shares of Masco in a research note on Wednesday, February 11th. Zelman & Associates lowered shares of Masco to a “hold” rating in a research report on Wednesday, February 11th. Evercore set a $78.00 price target on shares of Masco in a report on Wednesday, February 11th. Royal Bank Of Canada raised their price target on Masco from $67.00 to $74.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 11th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $88.00 price objective on shares of Masco in a research note on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $76.94.

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.