Corient Private Wealth LLC Grows Stake in Masco Corporation $MAS

Corient Private Wealth LLC grew its stake in shares of Masco Corporation (NYSE:MAS) by 37.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,617 shares of the construction company’s stock after acquiring an additional 14,079 shares during the quarter. Corient Private Wealth LLC’s holdings in Masco were worth $3,276,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Bard Associates Inc. bought a new stake in Masco during the 4th quarter valued at about $25,000. Sunbelt Securities Inc. bought a new position in shares of Masco in the third quarter worth approximately $26,000. Bogart Wealth LLC grew its holdings in shares of Masco by 2,550.0% during the fourth quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after buying an additional 408 shares during the last quarter. Community Bank N.A. purchased a new stake in shares of Masco during the third quarter valued at approximately $34,000. Finally, Headlands Technologies LLC increased its position in shares of Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after acquiring an additional 293 shares in the last quarter. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MAS. Wells Fargo & Company upped their price objective on Masco from $70.00 to $82.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Robert W. Baird lifted their target price on Masco from $72.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Evercore upgraded 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. Barclays upped their price target on Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Finally, UBS Group lifted their price objective on Masco from $96.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Masco has a consensus rating of “Hold” and an average price target of $80.07.

Masco Trading Up 0.2%

Shares of MAS stock opened at $79.88 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.11 and a debt-to-equity ratio of 109.07. Masco Corporation has a 12-month low of $58.16 and a 12-month high of $80.80. The stock has a market capitalization of $16.11 billion, a P/E ratio of 19.82, a P/E/G ratio of 1.97 and a beta of 1.31. The firm’s 50 day moving average is $70.93 and its 200 day moving average is $67.93.

Masco (NYSE:MAS) last announced its earnings results 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. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.07 billion. Masco had a net margin of 10.90% and a return on equity of 815.20%. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Research analysts expect that Masco Corporation will post 4.25 earnings per share for the current year.

Masco Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Friday, May 22nd were issued a $0.32 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.28 annualized dividend and a dividend yield of 1.6%. Masco’s payout ratio is presently 31.76%.

Masco declared that its Board of Directors has initiated a stock repurchase program on Thursday, May 7th that permits the company to repurchase $300.00 million in outstanding shares. This repurchase authorization permits the construction company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is 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.