OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Holdings in Masco Corporation $MAS

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Masco Corporation (NYSE:MAS) by 138.0% in the fourth quarter, Holdings Channel reports. The institutional investor 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 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in MAS. State Street Corp raised its holdings in Masco by 0.6% in the fourth quarter. State Street Corp now owns 10,235,505 shares of the construction company’s stock valued at $649,545,000 after acquiring an additional 60,430 shares in the last quarter. JPMorgan Chase & Co. grew 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 acquiring an additional 977,684 shares in the last quarter. Boston Partners grew its holdings in Masco by 1.0% during the 3rd quarter. Boston Partners now owns 5,850,170 shares of the construction company’s stock worth $411,832,000 after acquiring an additional 58,609 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Masco by 76.1% in the 4th quarter. Wellington Management Group LLP now owns 4,826,584 shares of the construction company’s stock worth $306,295,000 after purchasing an additional 2,085,454 shares during the last quarter. Finally, Nordea Investment Management AB increased its position 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 worth $278,619,000 after purchasing an additional 267,012 shares during the last quarter. Institutional investors own 93.91% of the company’s stock.

Analyst Upgrades and Downgrades

MAS has been the topic of a number of recent analyst reports. Royal Bank Of Canada upped their target price on shares of Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday, April 23rd. BMO Capital Markets lowered their price objective on Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a report on Monday, April 20th. Robert W. Baird upped their price objective on Masco from $72.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. 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. Finally, The Goldman Sachs Group lifted their target price on Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Masco presently has a consensus rating of “Hold” and a consensus target price of $80.07.

Masco Trading Up 0.3%

NYSE MAS opened at $74.61 on Friday. Masco Corporation has a one year low of $58.16 and a one year high of $79.19. The company has a 50-day simple moving average of $69.62 and a 200-day simple moving average of $67.49. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. The firm has a market capitalization of $15.05 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 1.83 and a beta of 1.31.

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

Masco announced that its Board of Directors has initiated a stock repurchase program on Thursday, May 7th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Masco Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.28 annualized dividend and a dividend yield of 1.7%. Masco’s dividend payout ratio is 31.76%.

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.