Sanctuary Advisors LLC boosted its holdings in Masco Corporation (NYSE:MAS – Free Report) by 13.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 66,650 shares of the construction company’s stock after buying an additional 7,978 shares during the quarter. Sanctuary Advisors LLC’s holdings in Masco were worth $4,024,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of Masco by 137.6% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 10,696 shares of the construction company’s stock worth $646,000 after acquiring an additional 6,195 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Masco by 0.6% during the first quarter. Principal Financial Group Inc. now owns 230,707 shares of the construction company’s stock worth $13,928,000 after purchasing an additional 1,448 shares during the period. Chicago Partners Investment Group LLC raised its position in shares of Masco by 56.5% during the first quarter. Chicago Partners Investment Group LLC now owns 14,111 shares of the construction company’s stock worth $852,000 after purchasing an additional 5,094 shares during the period. One Wealth Map LLC purchased a new stake in shares of Masco during the first quarter valued at $393,000. Finally, J. Safra Sarasin Holding AG purchased a new stake in shares of Masco during the first quarter valued at $382,000. Institutional investors own 93.91% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts recently weighed in on the company. Barclays lifted their price target on Masco from $78.00 to $82.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 14th. Royal Bank Of Canada upped their price objective on shares of Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday, April 23rd. Evercore upgraded shares of Masco from an “in-line” rating to an “outperform” rating and set a $78.00 target price for the company in a report on Monday, April 13th. Weiss Ratings raised shares of Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Finally, BMO Capital Markets cut their price target on shares of Masco from $77.00 to $75.00 and set a “market perform” rating on the stock in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $80.67.
Masco Stock Down 0.1%
NYSE:MAS opened at $78.60 on Monday. The business’s fifty day moving average price is $73.45 and its 200 day moving average price is $69.56. The firm has a market capitalization of $15.86 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 1.94 and a beta of 1.29. 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 1-year low of $58.16 and a 1-year high of $83.21.
Masco (NYSE:MAS – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.16. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.07 billion. Masco had a return on equity of 815.20% and a net margin of 10.90%.The business’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company posted $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, sell-side analysts forecast that Masco Corporation will post 4.25 earnings per share for the current fiscal year.
Masco Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Friday, May 22nd were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.6%. The ex-dividend date was Friday, May 22nd. Masco’s dividend payout ratio is currently 31.76%.
Masco announced that its board has initiated a share repurchase plan on Thursday, May 7th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.
More Masco News
Here are the key news stories impacting Masco this week:
- Positive Sentiment: Zacks Research upgraded Masco to strong-buy from hold, a bullish signal that can support investor sentiment. Zacks.com
- Positive Sentiment: The analyst lifted near- and medium-term EPS forecasts, including Q1 2027 to $1.10, Q2 2027 to $1.35, Q3 2027 to $1.18, and Q4 2027 to $1.07, suggesting stronger expected earnings momentum.
- Positive Sentiment: FY2027 EPS was increased to $4.69 from $4.64, and FY2028 EPS was raised to $5.25 from $5.19, reinforcing the view that earnings may continue to grow.
- Neutral Sentiment: Zacks also nudged its Q2 2028 EPS estimate higher to $1.43 from $1.41 and Q1 2028 EPS to $1.22 from $1.21.
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.
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