United Capital Financial Advisors LLC Makes New Investment in Masco Corporation $MAS

United Capital Financial Advisors LLC bought a new position in Masco Corporation (NYSE:MAS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 17,612 shares of the construction company’s stock, valued at approximately $1,433,000.

Several other large investors have also modified their holdings of MAS. BlackRock Inc. bought a new position in Masco during the 2nd quarter worth approximately $1,278,943,000. State Street Corp raised its position in shares of Masco by 0.6% during the 4th 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. lifted its stake in Masco by 19.2% during the fourth 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 boosted its holdings in Masco by 1.0% in the third quarter. Boston Partners now owns 5,850,170 shares of the construction company’s stock worth $411,832,000 after purchasing an additional 58,609 shares during the period. Finally, Wellington Management Group LLP increased its stake in Masco by 76.1% during the fourth quarter. Wellington Management Group LLP now owns 4,826,584 shares of the construction company’s stock valued at $306,295,000 after purchasing an additional 2,085,454 shares during the last quarter. Institutional investors own 93.91% of the company’s stock.

Masco Trading Up 0.7%

Shares of NYSE:MAS opened at $73.28 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.86 and a debt-to-equity ratio of 109.07. The company’s 50-day moving average price is $76.70 and its 200 day moving average price is $71.11. The company has a market cap of $14.45 billion, a PE ratio of 16.85, a P/E/G ratio of 1.85 and a beta of 1.30. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $83.64.

Masco (NYSE:MAS) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.32 by $0.32. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $2.08 billion. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. Masco’s revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.30 earnings per share. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts anticipate that Masco Corporation will post 4.52 earnings per share for the current year.

Masco announced that its Board of Directors has authorized a share repurchase plan on Thursday, May 7th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the construction company to purchase up to 2.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Masco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a $0.32 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a $1.28 annualized dividend and a dividend yield of 1.7%. Masco’s dividend payout ratio is presently 29.43%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on MAS shares. DA Davidson started coverage on shares of Masco in a report on Monday, August 24th. They set a “neutral” rating and a $80.00 target price on the stock. Deutsche Bank Aktiengesellschaft set a $74.00 price objective on shares of Masco in a research report on Monday, August 3rd. Zacks Research lowered shares of Masco from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 14th. Barclays cut their target price on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Finally, Wells Fargo & Company upped their target price on Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Seven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Masco has a consensus rating of “Hold” and a consensus price target of $79.88.

Masco 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.