OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 6,970 Shares of Masco Corporation $MAS

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Masco Corporation (NYSE:MAS) by 138.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,020 shares of the construction company’s stock after buying an additional 6,970 shares during the quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Masco were worth $763,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in Masco by 0.6% during the 4th quarter. State Street Corp now owns 10,235,505 shares of the construction company’s stock worth $649,545,000 after purchasing an additional 60,430 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Masco by 19.2% during the 4th quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company’s stock worth $384,776,000 after purchasing an additional 977,684 shares during the last quarter. Boston Partners increased its stake in shares of Masco by 1.0% in the 3rd quarter. Boston Partners now owns 5,850,170 shares of the construction company’s stock valued at $411,832,000 after acquiring an additional 58,609 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of Masco by 6.5% in the 4th quarter. Nordea Investment Management AB now owns 4,371,864 shares of the construction company’s stock valued at $278,619,000 after acquiring an additional 267,012 shares during the last quarter. Finally, Van ECK Associates Corp increased its stake in shares of Masco by 6.8% in the 4th quarter. Van ECK Associates Corp now owns 3,375,286 shares of the construction company’s stock valued at $214,195,000 after acquiring an additional 213,676 shares during the last quarter. 93.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on MAS shares. UBS Group upped their price target on Masco from $96.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. BMO Capital Markets lowered their price target on Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a research note on Monday, April 20th. Wells Fargo & Company upped their price target on Masco from $70.00 to $82.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Weiss Ratings cut Masco from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. Finally, Evercore raised Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price target for the company in a research note on Monday, April 13th. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $80.07.

Masco Price Performance

Shares of MAS opened at $74.28 on Tuesday. The stock has a market capitalization of $14.99 billion, a P/E ratio of 18.43, a P/E/G ratio of 1.82 and a beta of 1.31. Masco Corporation has a twelve month low of $58.16 and a twelve month high of $79.19. The company has a 50 day moving average of $68.49 and a 200-day moving average of $67.24. The company has a quick ratio of 1.11, a current ratio of 1.75 and a debt-to-equity ratio of 109.07.

Masco (NYSE:MAS) last issued its quarterly earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.16. The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.07 billion. Masco had a net margin of 10.90% and a return on equity of 815.20%. The business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the business earned $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities research analysts forecast 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 was paid on Monday, June 8th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, May 22nd. Masco’s dividend payout ratio (DPR) is currently 31.76%.

Masco declared that its Board of Directors has authorized a stock repurchase program on Thursday, May 7th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the construction company to purchase up to 2.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s leadership believes its shares are undervalued.

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.