WCG Wealth Advisors LLC Has $1.95 Million Stock Holdings in Masco Corporation $MAS

WCG Wealth Advisors LLC increased its holdings in shares of Masco Corporation (NYSE:MAS) by 130.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 30,641 shares of the construction company’s stock after acquiring an additional 17,363 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Masco were worth $1,945,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in MAS. Covestor Ltd raised its holdings in Masco by 20.7% in the 4th quarter. Covestor Ltd now owns 829 shares of the construction company’s stock valued at $53,000 after acquiring an additional 142 shares in the last quarter. Pallas Capital Advisors LLC raised its holdings in Masco by 1.4% in the 3rd quarter. Pallas Capital Advisors LLC now owns 12,128 shares of the construction company’s stock valued at $854,000 after acquiring an additional 162 shares in the last quarter. Clearstead Advisors LLC raised its holdings in Masco by 21.6% in the 3rd quarter. Clearstead Advisors LLC now owns 947 shares of the construction company’s stock valued at $67,000 after acquiring an additional 168 shares in the last quarter. Nelson Capital Management LLC raised its holdings in Masco by 0.4% in the 3rd quarter. Nelson Capital Management LLC now owns 38,516 shares of the construction company’s stock valued at $2,711,000 after acquiring an additional 171 shares in the last quarter. Finally, Bollard Group LLC raised its holdings in Masco by 0.4% in the 3rd quarter. Bollard Group LLC now owns 43,973 shares of the construction company’s stock valued at $3,095,000 after acquiring an additional 179 shares in the last quarter. Institutional investors and hedge funds own 93.91% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Royal Bank Of Canada upped their price target on Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. increased their target price on Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Truist Financial increased their target price on Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. BMO Capital Markets dropped their target price on Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a report on Monday, April 20th. Finally, Evercore raised Masco from an “in-line” rating to an “outperform” rating and set a $78.00 target price for the company in a report on Monday, April 13th. Seven equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $80.07.

Masco Trading Down 0.7%

Shares of MAS opened at $69.42 on Friday. Masco Corporation has a 1 year low of $58.16 and a 1 year high of $79.19. The company has a current ratio of 1.75, a quick ratio of 1.11 and a debt-to-equity ratio of 109.07. The stock has a 50 day simple moving average of $66.97 and a 200-day simple moving average of $66.71. The stock has a market cap of $14.00 billion, a PE ratio of 17.23, a PEG ratio of 1.72 and a beta of 1.31.

Masco (NYSE:MAS) last issued its earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.16. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.07 billion. Masco had a return on equity of 815.20% and a net margin of 10.90%.Masco’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, sell-side analysts predict that Masco Corporation will post 4.25 EPS for the current fiscal year.

Masco Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Friday, May 22nd will be given 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 yield of 1.8%. Masco’s dividend payout ratio is 31.76%.

Masco announced that its board has approved a share buyback program on Tuesday, February 10th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the construction company to repurchase up to 13.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Masco 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.