Norges Bank Buys Shares of 3,069,935 Masco Corporation $MAS

Posted by Stanley Muller on Jun 4th, 2026

Norges Bank bought a new stake in Masco Corporation (NYSE:MAS – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 3,069,935 shares of the construction company’s stock, valued at approximately $194,818,000.

A number of other hedge funds also recently added to or reduced their stakes in MAS. Focus Partners Wealth increased its holdings in Masco by 2.6% in the first quarter. Focus Partners Wealth now owns 10,414 shares of the construction company’s stock valued at $724,000 after buying an additional 265 shares in the last quarter. CW Advisors LLC purchased a new position in Masco in the second quarter valued at about $238,000. Bank of Nova Scotia increased its holdings in Masco by 14.8% in the second quarter. Bank of Nova Scotia now owns 25,555 shares of the construction company’s stock valued at $1,645,000 after buying an additional 3,294 shares in the last quarter. WINTON GROUP Ltd purchased a new position in Masco in the second quarter valued at about $415,000. Finally, Daiwa Securities Group Inc. increased its holdings in Masco by 4.6% in the second quarter. Daiwa Securities Group Inc. now owns 31,832 shares of the construction company’s stock valued at $2,049,000 after buying an additional 1,413 shares in the last quarter. 93.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MAS has been the subject of a number of research analyst reports. Royal Bank Of Canada increased their target price on shares of Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a report on Thursday, April 23rd. UBS Group increased their price target on shares of Masco from $96.00 to $97.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Evercore upgraded shares of Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price target on the stock in a research report on Monday, April 13th. 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 report on Wednesday, April 22nd. Finally, Robert W. Baird increased their price target on shares of Masco from $72.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $80.07.

Read Our Latest Stock Analysis on Masco

Masco Stock Up 1.0%

Shares of NYSE MAS opened at $69.67 on Thursday. Masco Corporation has a 1 year low of $58.16 and a 1 year high of $79.19. The firm’s 50 day moving average price is $66.62 and its 200 day moving average price is $66.62. The firm has a market cap of $14.05 billion, a P/E ratio of 17.29, a price-to-earnings-growth ratio of 1.70 and a beta of 1.31. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75.

Masco (NYSE:MAS – Get Free Report) last announced its 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. Masco had a net margin of 10.90% and a return on equity of 815.20%. The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same quarter last year, the business earned $0.87 earnings per share. Masco’s revenue was up 6.5% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, sell-side analysts anticipate that Masco Corporation will post 4.25 earnings per share for the current year.

Masco Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Friday, May 22nd will be given a dividend of $0.32 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a yield of 1.8%. Masco’s dividend payout ratio (DPR) is 31.76%.

Masco declared that its Board of Directors has authorized a share buyback plan on Tuesday, February 10th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the construction company to buy up to 13.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

About Masco

(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.