One Wealth Map LLC Purchases New Stake in Masco Corporation $MAS

One Wealth Map LLC acquired a new position in shares of Masco Corporation (NYSE:MASFree Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 6,512 shares of the construction company’s stock, valued at approximately $393,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bard Associates Inc. purchased a new stake in Masco in the 4th quarter valued at $25,000. Sunbelt Securities Inc. purchased a new position in shares of Masco during the 3rd quarter worth $26,000. Bogart Wealth LLC boosted its position in shares of Masco by 2,550.0% during the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after acquiring an additional 408 shares during the last quarter. Community Bank N.A. acquired a new position in shares of Masco during the 3rd quarter valued at about $34,000. Finally, Headlands Technologies LLC grew its holdings 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. Institutional investors and hedge funds own 93.91% of the company’s stock.

Masco Stock Performance

Shares of Masco stock opened at $77.96 on Monday. The business has a 50-day moving average of $72.79 and a 200 day moving average of $69.09. Masco Corporation has a 12 month low of $58.16 and a 12 month high of $83.21. The stock has a market capitalization of $15.73 billion, a price-to-earnings ratio of 19.34, a price-to-earnings-growth ratio of 1.92 and a beta of 1.29. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11.

Masco (NYSE:MASGet Free Report) last issued its quarterly 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 company had revenue of $1.92 billion for 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 business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, sell-side analysts forecast that Masco Corporation will post 4.25 earnings per share for the current year.

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

Masco Dividend Announcement

The firm 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 was Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.6%. Masco’s payout ratio is 31.76%.

Wall Street Analysts Forecast Growth

MAS has been the subject of several recent analyst reports. The Goldman Sachs Group lifted their target price on shares of Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Barclays increased their price target on shares of Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. raised their price target on shares of Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Truist Financial lifted their price target on shares of Masco from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Finally, Bank of America decreased their price objective on Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a report on Monday, April 20th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $80.07.

Check Out Our Latest Research Report on Masco

Masco Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Masco (NYSE:MAS)

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