Aware Super Pty Ltd as trustee of Aware Super Takes Position in Masco Corporation $MAS

Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in shares of Masco Corporation (NYSE:MAS) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 128,922 shares of the construction company’s stock, valued at approximately $7,783,000.

Other large investors also recently bought and sold shares of the company. Bard Associates Inc. purchased a new stake in shares of Masco during the 4th quarter worth $25,000. Sunbelt Securities Inc. purchased a new position in shares of Masco in the 3rd quarter worth approximately $26,000. Bogart Wealth LLC raised its stake 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 worth $27,000 after acquiring an additional 408 shares in the last quarter. Headlands Technologies LLC lifted its position in 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 during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in Masco during the second quarter valued at approximately $37,000. Institutional investors own 93.91% of the company’s stock.

Masco Stock Performance

Shares of NYSE MAS opened at $78.60 on Friday. The company has a market capitalization of $15.86 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 1.98 and a beta of 1.29. 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 company’s fifty day moving average price is $73.45 and its 200 day moving average price is $69.53. Masco Corporation has a 1 year low of $58.16 and a 1 year high of $83.21.

Masco (NYSE:MAS) last released 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. 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 firm’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, research analysts predict that Masco Corporation will post 4.25 earnings per share for the current year.

Masco announced that its Board of Directors has approved a stock repurchase plan on Thursday, May 7th that allows the company to repurchase $300.00 million in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Masco Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. The Goldman Sachs Group lifted their price target on shares of Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Citigroup decreased their price objective on Masco from $84.00 to $79.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Weiss Ratings raised Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Truist Financial boosted their target price on Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Finally, Barclays upped their target price on Masco from $78.00 to $82.00 and gave the company an “equal weight” rating in a research report on Tuesday. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Masco has an average rating of “Hold” and a consensus price target of $80.67.

Masco Company 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.