Swiss National Bank Decreases Stock Position in Masco Corporation $MAS

Swiss National Bank cut its position in Masco Corporation (NYSE:MAS) by 5.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 608,100 shares of the construction company’s stock after selling 32,600 shares during the period. Swiss National Bank’s holdings in Masco were worth $42,804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in MAS. Rossby Financial LCC raised its stake in Masco by 134.2% in the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock valued at $26,000 after acquiring an additional 212 shares during the period. Elevation Point Wealth Partners LLC bought a new position in Masco during the second quarter worth about $28,000. Headlands Technologies LLC increased its stake in shares of Masco by 114.5% in the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after purchasing an additional 293 shares in the last quarter. Caldwell Trust Co purchased a new position in shares of Masco in the second quarter worth about $37,000. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Masco in the second quarter valued at approximately $37,000. Institutional investors own 93.91% of the company’s stock.

Insider Buying and Selling

In other Masco news, CAO Heath M. Eisman sold 747 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $71.92, for a total value of $53,724.24. Following the completion of the transaction, the chief accounting officer owned 12,510 shares of the company’s stock, valued at $899,719.20. The trade was a 5.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

MAS has been the subject of several analyst reports. Oppenheimer reaffirmed an “outperform” rating and issued a $88.00 price objective on shares of Masco in a report on Wednesday, February 11th. Royal Bank Of Canada boosted their target price on shares of Masco from $67.00 to $74.00 and gave the company a “sector perform” rating in a report on Wednesday, February 11th. Zelman & Associates downgraded Masco to a “hold” rating in a research report on Wednesday, February 11th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $77.00 price target on shares of Masco in a report on Thursday, February 12th. Finally, Barclays reiterated an “equal weight” rating and issued a $71.00 price target (down from $76.00) on shares of Masco in a research report on Monday, December 8th. Six research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, Masco presently has a consensus rating of “Hold” and a consensus price target of $76.94.

Masco Price Performance

Shares of NYSE MAS opened at $60.59 on Friday. The stock’s 50-day simple moving average is $69.74 and its two-hundred day simple moving average is $68.07. Masco Corporation has a twelve month low of $56.55 and a twelve month high of $79.19. The firm has a market capitalization of $12.34 billion, a P/E ratio of 15.74, a P/E/G ratio of 1.77 and a beta of 1.27. The company has a quick ratio of 1.14, a current ratio of 1.81 and a debt-to-equity ratio of 38.75.

Masco (NYSE:MAS) last issued its quarterly earnings results on Tuesday, February 10th. The construction company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.04. Masco had a return on equity of 856.70% and a net margin of 10.71%.The firm had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the company posted $0.89 EPS. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities analysts anticipate that Masco Corporation will post 4.34 EPS for the current fiscal year.

Masco declared that its Board of Directors has initiated a stock repurchase program on Tuesday, February 10th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the construction company to purchase up to 13.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Masco Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Friday, February 20th were given a dividend of $0.32 per share. The ex-dividend date was Friday, February 20th. This is a boost from Masco’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 2.1%. Masco’s dividend payout ratio (DPR) is presently 33.25%.

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.